The Global Compound Feed Market is Expected to Attain a Market Size of USD 308.5 Billion by 2017: Transparency Market Research
ALBANY, New York, February 1, 2012 /PRNewswire/ --
According to a new report published by Transparency Market Research (http://www.transparencymarketresearch.com), "Compound Feed Market and Feed Additives Market: Global Analysis and Forecast (2007 - 2017)", the Global Compound Feed Market is estimated to be USD 257 billion in 2012 and expected to reach USD 380.5 billion in 2017 at a CAGR of 3.72% over the period 2012 to 2017. The worldwide feed additives market is estimated to reach USD 15.1 Billion in 2012 and is expected to reach USD 18.3 Billion by 2017 at a CAGR of 3.86% over the period 2012 to 2017.
Browse full report at http://www.transparencymarketresearch.com/compound-feed-and-additives-market.html
Swine feed would account for the largest share at 31% of compound feed market in 2012. Swine feed will be the fastest growing segment at CAGR of 3.92% during 2012 to 2017. Swine feed segment will be worth USD 81.1 billion in 2017. Feed Amino Acids would account for the largest share at 30% of feed additives market in 2012. Feed Amino Acids will be worth USD 5745 million in 2017. The feed acidifiers segment is expected to have the highest growth rate of 5.98% during 2012 to 2017.
Compound feed accounts for 70% of the production costs of livestock. Thus, compound feed has a significant impact on the farmers' production costs and returns as the use of compound feed ensures the increased supplies of meat, eggs and milk. Compound feed grew significantly worldwide over the past five years with the growth rate of 3.94%. Swine feed is expected to account for the largest share i.e. 31% of global compound feed spending at USD 81.1 billion in 2012. Other subsectors contributing to the remaining stake of compound feed include cattle feed, poultry feed, aqua feed and other animals which consists of sheep, goat, horse etc.
North America is consistently maintaining its leadership in compound feed market with revenue market revenue of USD 72.3 billion in 2010. Asia has the most promising growth potential for the compound feed industry as the consumption of animal derived products is increasing on account of their rise in disposable income.
Scope and Overview
The objective of the study on "Compound Feed Market: Global Analysis and Forecast" is to gain detailed market insights for key compound feed segments. The market is analyzed on the basis of growth trends, ongoing developments, market penetration and revenue share.
Segmentation & Analysis
The report segments and analyzes the "Compound Feed Market: Global Analysis and Forecast" on the basis of following sub-categories:
- Geographic Markets
- North America
- Latin America
- Europe
- APJ
- MEA
This section provides in-depth analysis of "Compound Feed Market" that includes market size and growth forecast for each geography and segments.
- By Segment
- Cattle feed
- Poultry feed
- Swine feed
- Aqua feed
- Pet food
This section provides in-depth analysis of compound feed market size and growth forecast for each segment and challenges prevailing in the overall market levels and future outlook for all the levels.
Feed additives
Feed additives are used in compound feed to improve the performance and production efficiency of animals. Feed additives enhance the characteristics of feed such as improving the digestibility of feed ingredients. Europe is expected to account for the largest share - i.e. 33.5% of global feed additives spending at USD 5078.7 million in 2012. The report segments and analyzes the "Feed Additives" on the basis of following sub-categories:
- Geographic Markets of feed additives
- North America
- Latin America
- Europe
- APJ
- MEA
Segmentation of feed additives
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Enzymes
- Feed Acidifiers
This section provides in-depth analysis of feed additives market size and growth forecast for each segment.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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