What is the global market size of Poultry Nutrition Market?

Poultry Nutrition Market size was valued at USD 184.82 billion in 2021 and is poised to grow from USD 191.98 billion in 2022 to USD 256.66 billion by 2030, growing at a CAGR of 3.87% in the forecast period (2023-2030).

Poultry Nutrition Companies

Q: What is the key market trend for Global Poultry Nutrition Market?

Growing Use of Additives: The current trend seen in the global poultry nutrition industry is the increasing use of additives in poultry feed. Farmers can improve FCR performance by supplementing feeds with vitamins, minerals, enzymes, probiotics, and prebiotics, all of which are growing in popularity. This has resulted in a rise in recent years in the need for conventional feed.

Q: Which region accounted for the largest share in Global Poultry Nutrition Market?

In 2022, more than 47% of the global poultry nutrition market came from the Asia-Pacific. The Asia-Pacific region is densely populated with an increasing average income per person. This should help the market grow quickly in the region. The region is led by countries with growing economies, such as China, India, and Malaysia. It has an advantage over other places because it has easy access to cheap labor and good farmland. Since the region has a lot of people and their incomes are going up, it is expected that it will grow the fastest during the projected period.

Poultry Nutrition Market Competitive Landscape

Poultry Nutrition Market Top Player’s Company Profiles

Cargill Inc. (US)
Land O’Lakes, Inc. (US)
Tyson Foods, Inc. (US)
Alltech (US)
ADM Animal Nutrition (US)
Perdue Farms Inc. (US)
J.D. Heiskell & Co. (US)
Kent Nutrition Group, Inc. (US)
Hi-Pro Feeds, Inc. (US)
Southern States Cooperative (US)
Anko Food Machine Co. Ltd. (US)
Godrej Agrovet (India)
Avanti feeds (India)
V H Group (India)

Poultry Nutrition Market

FAQs

Poultry Nutrition Market size was valued at USD 184.82 billion in 2019 and is poised to grow from USD 191.98 billion in 2023 to USD 256.66 billion by 2031, growing at a CAGR of 3.87% in the forecast period (2024-2031).

The Poultry Nutrition market is relatively fragmented, with a high level of competition. Few large players, like J.D. Heiskell & Co, Tyson Foods, Inc., and Cargill Inc., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Cargill Inc. (US)', 'Land O’Lakes, Inc. (US)', 'Tyson Foods, Inc. (US)', 'Alltech (US)', 'ADM Animal Nutrition (US)', 'Perdue Farms Inc. (US)', 'J.D. Heiskell & Co. (US)', 'Kent Nutrition Group, Inc. (US)', 'Hi-Pro Feeds, Inc. (US)', 'Southern States Cooperative (US)', 'Anko Food Machine Co. Ltd. (US)', 'Godrej Agrovet (India)', 'Avanti feeds (India)', 'V H Group (India)'

The main thing that drives the poultry nutrition industry is the rise in demand for poultry meat products. The market is also growing because industrial livestock production is going up and the demand for organic feed is going up. Because poultry needs 60% protein, 13% fat, and 3% calcium, mostly poultry by-products and fish meal are used to meet these needs.

Growing Use of Additives: The current trend seen in the poultry nutrition industry is the increasing use of additives in poultry feed. Farmers can improve FCR performance by supplementing feeds with vitamins, minerals, enzymes, probiotics, and prebiotics, all of which are growing in popularity. This has resulted in a rise in recent years in the need for conventional feed.

In 2022, more than 47% of the poultry nutrition market came from the Asia-Pacific. The Asia-Pacific region is densely populated with an increasing average income per person. This should help the market grow quickly in the region. The region is led by countries with growing economies, such as China, India, and Malaysia. It has an advantage over other places because it has easy access to cheap labor and good farmland. Since the region has a lot of people and their incomes are going up, it is expected that it will grow the fastest during the projected period.

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Poultry Nutrition Market Size, Share, Growth Analysis, By Type(Carbohydrates, Fats, Proteins, Vitamins), By Poultry Type(Broilers, Layers Hens, Turkeys, Ducks & Geese), By Application(Broiler Feed, Layers Feed, Other Poultry Feed), By Region - Industry Forecast 2024-2031

Poultry Nutrition Market Competitive Landscape

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Poultry Nutrition Market Size, Share, Growth Analysis, By Type(Carbohydrates, Fats, Proteins, Vitamins), By Poultry Type(Broilers, Layers Hens, Turkeys, Ducks & Geese), By Application(Broiler Feed, Layers Feed, Other Poultry Feed), By Region - Industry Forecast 2024-2031

Poultry Nutrition Market Competitive Landscape

Poultry Nutrition Market Report Snapshots

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What is the market size of Poultry Nutrition Market?

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What is the key market trend for Poultry Nutrition Market?

Which region accounted for the largest share in Poultry Nutrition Market?

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