Sarasota, FL, Dec. 15, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Poultry Feed Market (Broilers, Layers, Turkeys and Other Types) by Additives (Amino Acids, Vitamins, Feed Enzymes, Antibiotics, Antioxidants and Feed Acidifiers): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global demand for poultry feed market was valued at over USD 190.60 billion in 2015, is expected to reach above USD 226.20 billion in 2021 and is anticipated to grow at a CAGR of slightly above 2.90% between 2016 and 2021.
Poultry feed is the feedstock used for feeding the poultry for obtaining high quality, improves growth rate and lower the mortality rate. The feedstock is of different types depending on the end product such as for eggs or meat. Poultry feedstock is almost used in every poultry farm owing to its cost effective and desired results.
Browse through 32 Market Tables and 20 Figures spread over 110 Pages and in-depth TOC on “Global Poultry Feed Market: By Type, Additives, Size, Share, Growth, Analysis, Segment and Forecast 2015-2021”.
Request free Sample copy of Poultry Feed Market Report @ https://www.zionmarketresearch.com/sample/poultry-feed-market
Rising awareness for healthy protein diet results in high demand for poultry products drives the poultry feed market. Increasing consumption of meat and poultry products triggers the growth of poultry feed market. Moreover, escalating poultry business in developing countries led the high growth of poultry feed market. Though, rising occurrence of diseases such as bird flu may hamper the growth of the market. Also, high preliminary and maintenance cost is likely to impact the growth of poultry feed market. Nonetheless, funding and support from the government for expanding the poultry sector owing to high profit and to address unmet the demand from end users is expected to open new avenues in the near future.
Based on the type, the poultry feed market can be segmented into broiler, turkeys, layers and other types. The broiler is the dominating segment owing to high preference from consumers and easily available in all parts of the world. It is estimated, the broiler will experience high growth in near future and would gather largest revenue share. Moreover, turkeys and layers are also highly consumed over some regions. Numerous additives are added to the feed to enhance the quality, mass production. Amino acids, vitamins, feed enzymes, antibiotics, antioxidants and feed acidifiers are some of the extensively used additives. Vitamins and feed enzymes are the significant segments. In addition, antibiotics and antioxidants are recently introduced and gaining traction in the market in recent times.
Browse the full "Poultry Feed Market (Broilers, Layers, Turkeys and Other Types) by Additives (Amino Acids, Vitamins, Feed Enzymes, Antibiotics, Antioxidants and Feed Acidifiers): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/poultry-feed-market
North America dominated the poultry feed market owing to highest consumption of broilers. North America is leading in highest consumption of poultry feed. Factors attributing to the market growth are ongoing research for flavored, efficient and safe poultry feed in U.S. The flavored poultry feed helps in enhancing the feedstock for better palatability, high productivity of boilers and layer. U.S. accounted for around 83% of total revenue in North America for poultry feed in 2013. Broilers are leading type segment in North America whereas antibiotics are the widely consumed market segment.
Asia-Pacific was the largest market in terms of poultry feed demand and revenue and would continue to dominate the market due to several factors. The market growth is mainly attributed to the increasing disposable income and escalating consumption of fast food. The accomplishment of several initiatives from the government surges the poultry farm business for yielding high profitable income. In recent times, contract farming is gaining huge demand in India as buyer supplies high-quality poultry feed and medications. This trend contributes to the high growth rate for this market in India. The presence of key players in Asia Pacific is also the factor led to the accelerating growth in this region.
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/poultry-feed-market
Latin America is anticipated to experience high growth for poultry feed market due to profitable production of poultry. Latin America includes various participants producing poultry feed and feeds additives. The high consumption of feed and feed additives in Latin America is due to the rising demand for poultry products from consumers as well as from the end user sectors. However, economic challenges in Brazil are expected to hinder the growth of Brazilian poultry market. Brazil is leading the market in this region, with more than half of the market share of both poultry feeds and feed additives. Argentina is also an emerging market in this region. Both countries are witnessing growth due to increasing consumption of meat and escalating opportunities for exporting meat. The Middle East and Africa are projected to have decent growth and will continue to grow in the coming years. This is mainly due to rise living standards, growing consumption of poultry product and increasing the population.
Novus International Inc, Alltech Inc., Charoen Popkhand Foods, Royal DSM N.V., Evonik Industries AG, BASF, CHR. Hansen Holdings A/S, Archer Daniels Midland Company, Cargill Inc., ABF Plc, Suguna Foods, InVivo NSA, DLG Group and Nutreco NV among others are some of the key participants for the poultry feed market.
Request a customized copy of report @ https://www.zionmarketresearch.com/custom/532
This report segments the poultry feed market as follows:
Global Poultry Feed Market: Type Segment Analysis
- Broiler
- Turkeys
- Layers
- Others
Global Poultry Feed Market: Additives Segment Analysis
- Amino acids
- Vitamins
- Feed enzymes
- Antibiotics
- Antioxidants
- Feed acidifiers
Global Poultry Feed Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Related Reports:
- Food safety testing Market: https://www.zionmarketresearch.com/report/food-safety-testing-market
- Beverage Packaging market: https://www.zionmarketresearch.com/report/beverage-packaging-market
- Baby Food Market: https://www.zionmarketresearch.com/report/baby-food-market
- Whey Protein Market: https://www.zionmarketresearch.com/report/whey-protein-market
- Bread and Baked Food Market: https://www.zionmarketresearch.com/report/bread-and-baked-food-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research