Summary
- • The global compound feed market size was valued at USD 495.41 billion in 2021
- • The compound feed market is expected to grow at a CAGR of 4.6% from 2022 to 2030
- • Asia Pacific dominated the compound feed market with a share of 36.0% in 2021
- • The poultry segment accounted for the largest revenue share of 44.1% in 2021
- • The swine segment is expected to witness the fastest growth rate of 5.1% from 2022 to 2030
- • The global compound feed production reached 1.126 billion metric tons in 2019
- • China is the largest compound feed producer, accounting for 187.5 million metric tons in 2019
- • The United States is the second-largest compound feed producer, with 214 million metric tons in 2019
- • Brazil produced 69.9 million metric tons of compound feed in 2019
- • The European Union produced 161.5 million metric tons of compound feed in 2019
- • The global feed additives market size was valued at USD 33.94 billion in 2020
- • The feed additives market is projected to reach USD 45.3 billion by 2026
- • Amino acids segment accounted for the largest share in the feed additives market in 2020
- • The global animal feed market size was valued at USD 345.36 billion in 2020
- • The animal feed market is projected to reach USD 460.32 billion by 2028
Step right up and feast your eyes on the fascinating world of the Compound Feed Industry, where numbers are not just numbers, but rather a symphony of growth, dominance, and innovation. With a global market size soaring to an impressive USD 495.41 billion in 2021 and projections of a 4.6% CAGR, this industry is not one to be taken lightly. From poultry reigning supreme in revenue share to soybean meal being the protein prince of animal feeds, the statistics speak volumes about the sheer magnitude and diversity of this thriving sector. So buckle up, because were about to dive into a world where corn reigns supreme, feed additives are the unsung heroes, and where even insect protein is making its grand entrance. Welcome to the compound feed extravaganza, where facts are not just facts—theyre the building blocks of an empire that feeds nations and fuels progress!
Animal Segment
- The poultry segment accounted for the largest revenue share of 44.1% in 2021
- The swine segment is expected to witness the fastest growth rate of 5.1% from 2022 to 2030
- The aquaculture feed market is expected to reach USD 71.6 billion by 2025
- The pet food segment of the compound feed market was valued at USD 94.76 billion in 2020
Interpretation
In the ever-evolving world of compound feed industry, it's clear that the poultry segment reigns supreme, strutting its feathers to claim the lion's share of revenue. Meanwhile, the swine segment is the dark horse poised to squeal with delight as it races towards rapid growth in the coming years. Not to be outdone, the aquaculture feed market is set to make a splash, making waves with its projected substantial market value by 2025. And let's not forget our furry friends, as the pet food segment continues to gobble up a significant chunk of the market, proving that our beloved companions are more than just faithful companions, but also key players in the financial feast of compound feed industry.
Feed Additives
- The global feed additives market size was valued at USD 33.94 billion in 2020
- The feed additives market is projected to reach USD 45.3 billion by 2026
- Amino acids segment accounted for the largest share in the feed additives market in 2020
- The global feed phytogenics market size was valued at USD 753.3 million in 2020
- The feed enzymes market is projected to reach USD 1.9 billion by 2025
- The global feed acidifiers market size was valued at USD 2.7 billion in 2020
- The feed probiotics market is expected to reach USD 6.2 billion by 2026
- The global feed mycotoxin binders market size was valued at USD 2.5 billion in 2020
- The global feed antioxidants market size was valued at USD 361.4 million in 2020
- The feed flavors and sweeteners market is expected to reach USD 1.5 billion by 2025
- The global feed binders market size was valued at USD 4.5 billion in 2020
- The feed premix market is projected to reach USD 28.3 billion by 2026
- The global feed yeast market size was valued at USD 1.8 billion in 2020
- The feed preservatives market is expected to reach USD 4.5 billion by 2025
- The global feed pigments market size was valued at USD 1.2 billion in 2020
- The global feed amino acids market size was valued at USD 6.9 billion in 2020
- The feed vitamins market is expected to reach USD 1.6 billion by 2025
- The global feed palatability enhancers market size was valued at USD 3.2 billion in 2020
- The feed anticoccidials market is projected to reach USD 1.5 billion by 2025
Interpretation
In a world where even our animal companions have specialized diets, the Compound Feed Industry is booming with more flavors, colors, and nutrients than your average supermarket aisle. As the numbers show, the global feed additives market is on a skyrocketing trajectory, proving that our livestock are truly living their best culinary lives. From probiotics to pigments, amino acids to antioxidants, it seems no expense is spared to ensure that our barnyard friends are fed like royalty. So, while we may debate whether organic or conventional is the way to go for our own meals, rest assured that the animal kingdom is enjoying a lavish feast of feed additives fit for a foodie frenzy.
Industry Employment
- The compound feed industry employs over 500,000 people globally
Interpretation
The compound feed industry boasts a workforce larger than the population of many countries, with over 500,000 individuals around the world dedicated to the production and distribution of animal feed. That's a whole lot of people working to ensure our livestock are well-fed and our plates are full. It's a reminder that even in the seemingly small world of animal nutrition, there are half a million souls driving the industry forward, one pellet at a time.
Industry Infrastructure
- There are over 30,000 feed mills worldwide
- The top 10 feed companies produce approximately 80 million metric tons of feed annually
- The feed pellet mills market is expected to reach USD 1.8 billion by 2025
- The global feed mixers market size was valued at USD 735.5 million in 2020
- The feed processing equipment market is projected to reach USD 28.6 billion by 2026
- The global feed testing market size was valued at USD 2.1 billion in 2020
- The feed management software market is expected to reach USD 538.9 million by 2025
- The global feed trucks market size was valued at USD 680.5 million in 2020
- The feed silos market is projected to reach USD 1.2 billion by 2025
- The global feed packaging market size was valued at USD 15.8 billion in 2020
Interpretation
The Compound Feed Industry isn't just about feeding animals; it's a multi-billion dollar world of innovation and efficiency. With over 30,000 feed mills worldwide churning out massive quantities of feed, the top 10 companies alone produce a mind-boggling 80 million metric tons annually. And let's not forget the expanding markets for feed pellet mills, mixers, processing equipment, testing, management software, trucks, silos, and packaging – it's clear that this industry isn't just a drop in the bucket, but a whole feast of economic activity that's nothing to cluck at.
Market Size and Growth
- The global compound feed market size was valued at USD 495.41 billion in 2021
- The compound feed market is expected to grow at a CAGR of 4.6% from 2022 to 2030
- The global animal feed market size was valued at USD 345.36 billion in 2020
- The animal feed market is projected to reach USD 460.32 billion by 2028
Interpretation
The soaring numbers in the Compound Feed Industry seem to suggest that while some may cry over spilled milk, others are too busy feeding their livestock to notice. With a market size bigger than the GDP of some countries, it appears that the phrase "bringing home the bacon" has taken on a whole new meaning. As these figures continue to climb at a steady clip, one thing is clear - there's a lot of dough to be made in the business of keeping our four-legged friends well-fed.
Market Trends
- The organic compound feed market is expected to grow at a CAGR of 7.2% from 2021 to 2028
- The use of insect protein in animal feed is projected to reach USD 1.4 billion by 2025
Interpretation
As the Compound Feed Industry continues to evolve, it's clear that organic is the new black and bugs are the new bacon. With a projected CAGR of 7.2% for organic compound feed by 2028, it seems that consumers and producers alike are increasingly favoring sustainable, natural alternatives. And as the use of insect protein in animal feed skyrockets towards a hefty USD 1.4 billion by 2025, it's safe to say that the once-humble creepy crawlers are now poised to be the future superstars of the barnyard buffet. Let the era of eco-friendly and protein-packed feeds begin!
Production Volume
- The global compound feed production reached 1.126 billion metric tons in 2019
- China is the largest compound feed producer, accounting for 187.5 million metric tons in 2019
- The United States is the second-largest compound feed producer, with 214 million metric tons in 2019
- Brazil produced 69.9 million metric tons of compound feed in 2019
- The European Union produced 161.5 million metric tons of compound feed in 2019
Interpretation
The global compound feed industry is certainly not chicken feed, as evident by the staggering 1.126 billion metric tons produced in 2019. With China strutting in as the leader at 187.5 million metric tons, it's clear they've cracked the formula for success. The US flies high as the second-largest producer with 214 million metric tons, showing they're not ready to be cooped up just yet. Brazil and the European Union also peck their way into the market, proving that when it comes to compound feed, the competition is definitely something to squawk about.
Raw Materials
- Corn is the most widely used ingredient in compound feed, accounting for about 60% of total feed grain use
- Soybean meal is the most important protein source in animal feeds globally
- The global soybean meal production was 254.6 million metric tons in 2020/2021
- The feed phosphates market is projected to reach USD 2.5 billion by 2025
- The feed minerals market is projected to reach USD 18.5 billion by 2025
- The global feed non-protein nitrogen market size was valued at USD 1.3 billion in 2020
Interpretation
As the humble corn continues to reign supreme in the compound feed world, holding a firm grip on the title of the most widely used ingredient, it seems soybean meal is not one to be overlooked, serving as the ultimate protein powerhouse. With global soybean meal production hitting an impressive 254.6 million metric tons, it's clear that animals worldwide are enjoying their fair share of protein goodness. And let's not forget about the rising stars in the feed market - feed phosphates and feed minerals - set to reach impressive financial milestones by 2025. Even non-protein nitrogen is making its mark, with the market already worth a hefty USD 1.3 billion. Looks like the compound feed industry is cooking up quite the feast for the future!
Regional Market Share
- Asia Pacific dominated the compound feed market with a share of 36.0% in 2021
Interpretation
In the high-stakes world of animal nutrition, the Asia Pacific region is strutting its stuff like the alpha chicken in the coop, commanding a hefty 36.0% share of the compound feed market in 2021. With a voracious appetite for growth and innovation, this market leader is not just feathering its own nest but setting the global standard for the industry. It seems the old adage holds true: when it comes to compound feed, the East is definitely beast.
