What is the impact of covid-19 on Poultry Feed Industry?

Poultry feed Market

MARKET INTRODUCTION

Poultry feed is feed produced specifically for poultry animals. Poultry feed is produced with various healthy and nutritional ingredients such as cereal, oilseed meal, molasses, fish oil, and fish meal that provides proper nutrition to the poultry animals. Healthy poultry requires a sufficient amount of protein and carbohydrates, necessary vitamins, and dietary minerals. Poultry feed consists of grain, protein supplements such as soybean oil meal, mineral supplements, and vitamin supplements. The quantity and nutritional requirements of the poultry feed depend on the weight and age of the poultry, their rate of growth, and the rate of egg production.

Get more info @ https://bit.ly/3aR2Akg 

MARKET DYNAMICS

The poultry feed market has witnessed significant growth owing to factors such as rising demand for poultry meat and meat products in developed and developing countries coupled with rising population globally. A significant shift of consumers from red meat to white meat is projected to further increase the demand for poultry meat. This further propels the demand for poultry feed. Moreover, an increasing number of poultry farms in developing countries such as Brazil and India provides a huge market opportunity for the key players operating in the poultry feed market. However, stringent government regulation pertaining to the use of specific ingredients in poultry feed is projected to hamper the overall growth of the poultry feed market.

MARKET SCOPE

The "Global Poultry Feed Market Analysis to 2027" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the poultry feed market with detailed market segmentation by animal type, ingredient and geography. The global poultry feed market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading poultry feed market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global poultry feed market is segmented on the basis of animal type and ingredient. On the basis of animal type, the poultry feed market is segmented into layer, broiler, turkey, and others. Based on ingredient the global poultry feed market is divided into cereal, oilseed meal, molasses, fish oil and fish meal, supplements, and other ingredients.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global poultry feed market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The poultry feed market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the poultry feed market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the poultry feed market in these regions.

MARKET PLAYERS

The reports cover key developments in the poultry feed market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from poultry feed market are anticipated to lucrative growth opportunities in the future with the rising demand for poultry feed in the global market. Below mentioned is the list of few companies engaged in the poultry feed market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the poultry feed market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

Key players:

Alltech Inc., Archer Daniels Midland, Cargill Inc., Charoen Pokphand Foods, De Heus B.V., ForFarmers, Invivo, Kent Nutrition Group, Land O' Lakes Inc., Nutreco NV