Market Research Future (Food and Beverages) Poultry Feed Market Research Report | Page 4

Global Poultry Feed Market Research Report - Forecast to 2027
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Market Segmentation:
The market for poultry feed market is segmented on the basis of source, form, and type.
On the basis of source, the poultry feed market is segmented into coarse grains, vegetable proteins, animal proteins,
micro-ingredients, and others. Consistent growth in worldwide population and increase in consumer income levels
have increased the demand for healthy animal proteins around the world. This demand for animal protein has
propelled the growth of the poultry feed market globally.
By form, the global poultry feed market is segmented into mash, pellets, crumbles, scratch grain, and others. Pellets
reduce waste of chicken feed, reduced probabilities of salmonella, E. coli, and other diseases. It also considerably
reduces poultry feed cost. These factors drive the market for pellet poultry feed globally.
On the basis of type, the market is segmented into layers, broilers, and dual-purpose. Broilers type for poultry feed
is hugely favorable due to increase in new cases of influenza at turkey and egg production farms leading to high
demand for broilers. Broilers are being increasingly preferred instead of other meats such as mutton, beef, and pork
in countries such as India. Government funding can boost the broiler poultry feed market growth substantially.
Regional Analysis:
As per MRFR’s report, the global poultry feed market is spread across North America, Asia Pacific, Europe, and
Rest-of-the-World (RoW).
Among all regions, North America is leading the market for global poultry feed market with the largest market share
and projected to grow substantially till 2027. Ongoing research for flavored and safe poultry feed can fuel the market
growth in this region. Also, funding and support from the government to expand the poultry sector in a bid to meet
the demands of end users are deemed to open new avenues in North America.
On the other hand, Asia Pacific and Europe are growing markets and estimated to grow at a remarkable CAGR
respectively during the forecast period. In the Asia Pacific region, growing population, preference for poultry products,
high profit from import and export of poultry products support the demand, in turn leading to stellar market growth in
this region.
Europe has exhibited rapid growth as well due to increased demand for meat and eggs, conduction of numerous
research and development by industry players, and growing scientific advancements in poultry feed production.
Moreover, low profitability in pig production and unstable feed prices has led to decline in pig herds, thus this decline
is expected to be reflected in poultry feed production. These factors help establish the poultry feed market in Europe.
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