IMARC Group’s report titled “Poultry Feed Market Report by Nature (Conventional, Organic), Form (Mashed, Pellets, Crumbles, and Others), Additives (Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers, and Others), Animal Type (Layers, Broilers, Turkey, and Others), Distribution Channel (Offline, Online), and Region 2024-2032”. offers a comprehensive analysis of the industry, which comprises insights on the global poultry feed market trends. The global market size reached US$ 210.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 289.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.
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Factors Affecting the Growth of the Poultry Feed Industry:
- Increasing Global Demand for Poultry Products:
The increasing demand for poultry products among the public is driving the growth of the market. This increase in demand can be attributed to several factors, including the consumption of protein-rich diets to prevent the occurrence of various long-term disorders. Poultry, known for its affordability and nutritional value, is a preferred source of protein for many people. Furthermore, changing dietary preferences and shift towards healthy eating habits are contributing to the market growth. Consumers consider chicken and eggs to be lean protein sources, making them an attractive choice in health-conscious diets.
- Advancements in Feed Technology:
Advances in feed technology are offering a favorable market outlook. These innovations include various aspects of feed formulation, production and distribution, aimed at improving the efficiency and sustainability of poultry farming. Researchers and nutritionists are constantly working to develop feed recipes that are tailored to meet the specific nutritional needs of different poultry species at different stages of growth. This precision in nutritional optimization leads to better growth rates, better feed conversion ratios and overall healthier birds. Additionally, production processes are evolving to ensure consistent quality of poultry feed. Modern feed mills are equipped with state-of-the-art machinery and quality control measures to guarantee that each batch of feed meets the required standards. This consistency is important for poultry producers who rely on uniform feed to achieve consistent results.
- Focus on Sustainable Poultry Farming:
Adoption of eco-friendly and ethical practices in poultry farming is boosting the market growth. Consumers, regulators and industry stakeholders are all encouraging sustainable poultry farming to reduce environmental impact and improve animal welfare. One aspect of sustainable poultry farming is the shift toward using environmentally-friendly feed ingredients. This includes reducing reliance on traditional protein sources such as soybean meal, which often involves deforestation and habitat destruction. Furthermore, increasing emphasis on the use of plant-based proteins, insects and alternative protein sources to reduce the ecological footprint of poultry feed production is strengthening the market growth.
Leading Companies Operating in the Global Poultry Feed Industry:
- AFGRI Animal Feeds
- Alltech
- Archer-Daniels-Midland Company
- BASF SE
- Cargill Inc.
- Charoen Pokphand Foods Public Company Limited
- Chr. Hansen Holdings A/S
- De Heus Animal Nutrition
- ForFarmers N.V.
- Kent Nutrition Group (Kent Corporation)
- Koninklijke DSM N.V.
- Novus International Inc. (Mitsui & Co. (U.S.A.) Inc.)
Poultry Feed Market Report Segmentation:
By Nature:
- Conventional
- Organic
Conventional represents the largest segment as it provides a consistent and reliable source of nutrition for poultry.
By Form:
- Mashed
- Pellets
- Crumbles
- Others
Pellets exhibit a clear dominance in the market driven by the rising demand for feed formulations which offer easy administration.
By Additives:
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acid
- Feed Enzymes
- Feed Acidifiers
- Others
Amino acid holds the biggest market share due to their beneficial aspects.
By Animal Type:
- Layers
- Broilers
- Turkey
- Others
Broilers account for the majority of the market share owing to their reliance on effective feed formulations to improve yield and health.
By Distribution Channel:
- Offline
- Online
Offline represents the leading market segment. It enables poultry farmers to physically select the right feed mixture by evaluating various parameters.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific’s dominance in the poultry feed market is attributed to investment in research and development (R&D), leading to advanced feed formulations.
Global Poultry Feed Market Trends:
Health and disease management in poultry farming is an important factor driving the growth of the market. Maintaining the health of poultry flocks is paramount for sustainable production, and feed plays a vital role in achieving this goal. Poultry feed formulations are being developed to include various additives, supplements and ingredients aimed at boosting the immune system and preventing diseases. Additionally, probiotics and prebiotics are added to the feed to promote beneficial gut bacteria, enhancing overall health. Similarly, antioxidants and vitamins are included to support the birds’ immune system and reduce susceptibility to infection.
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