DUBLIN--(BUSINESS WIRE)--The "Compound Feed Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The global compound feed market was valued at US$262.83 billion in 2017 and is projected to expand at a CAGR of 3.21% over the forecast period to reach US$317.62 billion by 2023.
The growth in global compound feed market is predominantly driven by elements such as more consumption of meat and aquatic products, requirement to maintain a certain quality and safety standards and proliferation of industrial livestock. The increased consumption of meat products is primarily influenced by factors such as rising disposable incomes and changing lifestyle patterns.
However, factors such as price volatility of raw materials, accelerating administrative costs and different regulatory structures restrain the growth of this market.
Geographically, the Asia Pacific Region will drive the compound feed market owing to the significant expansion in feed production and growing awareness about the quality of dairy products, meat and related products among consumers.
Major industry players profiled as part of the report are Archer Daniels Midland Company, Nutreco N.V., Cargill, Incorporated, Charoen Pokphand Foods PCL, Alltech among others.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Compound Feed Market by Ingredients
6. Global Compound Feed Market by Nutrients
7. Global Compound Feed Market by Animal Type
8. Global Compound Feed Market by Geography
9. Competitive Intelligence
10. Company Profiles
- Archer Daniels Midland Company
- Nutreco N.V.
- Cargill Incorporated
- Charoen Pokphand Foods PCL
- Kent Nutrition Group Inc
- De Heus
- Ballance Agri-Nutrients Ltd.
- Purina Animal Nutrition LLC
- Mauri Anz
For more information about this report visit https://www.researchandmarkets.com/research/xkpj48/global_compound?w=4