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

Global Poultry Feed Market Research Report - Forecast to 2027 3 Sample Pages 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