Global Compound Feed Market and Feed Additives Market to Be Driven by Increasing Meat Consumption

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Research

Compound Feed Market & Feed Additives Market - Global

Industry Size, Share, Segment and Geographic Analysis

and Forecasts, 2007-2017

Published Date

31-01-2012

155 Page Report

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Global Compound Feed Market and Feed Additives Market to Reach

US$380.5 bn and US$18.3 bn, respectively by 2017, Increasing Demand

for Meat Drives Growth

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Compound Feed Market & Feed

Additives Market

REPORT DESCRIPTION

The compound feed industry has a vital role in the food chain, as it provides nutritious and sustainable

food to animals raised in captivity. Feed additives are primarily supplements used in compound feed to

enhance the total productivity and health of animals. In 2012, the global compound feed market and feed

additives market stood at US$15.1 billion and is estimated to touch US$18.3 billion by the end of 2017,

growing progressively at a 3.72% CAGR from 2013 to 2019.Rapidly increasing meat consumption, growing

population, and rising consumer awareness are some of the factors expected to boost demand for

compound feed in the coming years across the globe. Moreover, growth in GDP of economies and

technological advancements are proving to be great opportunities for the market players.On the flip side,

increase in ethanol production and quality control during manufacturing and processing are some of the

factors that are anticipated to hamper growth of the global compound feed market in the near future.

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