Hyderabad, India -- (SBWIRE) -- 03/06/2018 -- According to a new market research report " Compound Feed Market by Ingredients (Cereals, Cereals by Product, Oilseed Meal, Oil, Molasses, Supplements and others), by Supplements (Vitamins, Antibiotics, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers and others), by Animal type (Ruminant, Swine, Poultry, Aquaculture and others) - Global Forecast to 2022", published by MarketDataForecast™, the market is expected to reach USD 554.74 Billion by 2022 from USD 512.41 Billion in 2017, at a CAGR of 1.6%. Factors driving the growth of this market include global meat consumption, increase in awareness towards meat quality and safety, increase in mass production of meat, and recent livestock disease outbreaks.

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Cereals are estimated to account for the largest market share in 2017
By ingredients, the Compound Feed Market is classified into Cereals, Cereals by Product, Oilseed Meal, Oil, Molasses, Supplements and others ingredients. In this segmentation the cereal part takes the largest market share and is expected to grow at a steady rate in the Compound Feed Market.

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The Vitamin segment is expected to dominate the market in 2017
By supplements, the market is segmented into Vitamins, Antibiotics, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers and others supplements. Largest share in this segmentation of Compound Feed Market-2017, vitamins has the largest presence accounting for more than 25% of the additives market.
Hospitals are estimated to command for the largest share of the market during the forecast period
On the basis of market type, the Compound Feed Market is categorized into Ruminant, Swine, Poultry, Aquaculture and others. The poultry segment is developing as a leading livestock segment for consumption, trailed by swine and cattle, because of the increase in demand for poultry meat, consumer taste predilections, and rise in disposable incomes in developing economies, primarily in China and India. Hence there is a growing need for steady and reliable animal feed.

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North America is estimated to command the largest share of the market
North American market leads the market with largest market share, however the Asia-Pacific region is expected to offer lucrative growth opportunities, owing to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat, and dairy and related products.

Some of the major companies dominating this market are Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland Company, Land o' lakes, Inc., Nutreco, ALLTECH, INC, New Hope Group Co. Ltd, Wen's Group, ForFarmers B.V., Agribusiness Holding Miratorg, Kyodo Shiryo Company, Sodrugestvo Group S.A., DeKalb Feeds, Inc., De Heus B.V, Ballance Agri-Nutrients Ltd., J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, EWOS GROUP.

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com