Global Poultry Feed Market Research Report (2013-2018)

​The Global Poultry Feed Market has witnessed rapid growth in the last five years. This growth is largely influenced by the increasing demand for poultry products and rising concerns related to their quality. MicroMarketMonitor provides region-specific reports on this market. The regions covered include North America, Europe, Asia-Pacific, and Latin America. The poultry feed and feed additives market was valued at $69.9 billion in 2013, to grow at a CAGR of 6.0% annually. Poultry feed and feed additives are segmented into broilers feed, layers feed, others feed (poultry), and turkeys feed. Each market is further segmented on the basis of ingredients.

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Healthy poultry requires sufficient quantity of proteins and carbohydrates along with the necessary vitamins and dietary minerals. These nutrients are added as feed additives. Poultry feed ingredients mainly comprise carbohydrates, proteins, and fats. Carbohydrates are the major source of energy and constitute the largest component of poultry diets, followed by plant proteins and animal protein sources. The growth in the poultry meat and egg industry and increasing demand for animal protein are the drivers pushing the market of poultry feed.

In its most recent long-term outlook, the Economic Research Service (ERS) projects that over the next 10 years (through 2023), U.S. poultry exports will continue to increase at an average rate of 1.4 percent. Although the economic model on which it bases its long-term projections is sound, ERS is somewhat conservative in its forecasts.

Feed additives are included in poultry feed to improve the efficiency of bird’s growth, their laying capacity, prevent diseases, and improve feed utilisation. Additives such as flavour enhancers, artificial and nutritive sweeteners, colours, and others are also added to the poultry feed to enhance quality.

• Asia-Pacific Poultry Feed Market

The Asia-Pacific Poultry Feed market was pegged at $69.9billion in 2013. It is projected to reach $93.3billion by the end of 2018, with a CAGR of 6.0%. Poultry feed market comprises of broilers feed, layers feed, others feed (poultry) and turkeys feed

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• North America Poultry Feed Market

The North American poultry feed market is estimated to grow at a CAGR of 6.6% during the forecast period, 2013 to 2018. The increasing trend in the North American poultry feed market is a result of the rising growth potential in the Mexican and Canadian markets.

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• Europe Poultry Feed Market

The Europe Poultry Feed Market was pegged at $30.0billion in 2013 and is estimated to grow at a CAGR of 5.7%. It is projected to reach $39.4billion by the end of 2018. Poultry feed market comprises of broilers feed, layers feed, others feed (poultry) and turkeys feed.

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• Latin America Poultry Feed Market

The Latin America Poultry Feed Market was pegged at $25.3billion in 2013 and is estimated to grow at a CAGR of 6.1% to reach $34.0billion by the end of 2018. Poultry feed market comprises of broilers feed, layers feed, others feed (poultry) and turkeys feed.

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