Global Poultry Feed Market Size, Share, Growth & Report 2023-2028

The global poultry feed market size reached US$ 202.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 257.4 Billion by 2028, exhibiting a growth rate (CAGR) of  4% during 2023-2028.

Poultry feed represents specialized formulations produced for poultry, including chicken, geese, ducks, and other domestic birds. They are prepared using cereal, barley, wheat, sorghum, grains, oats, protein meals, fats, oils, etc., and are available in multiple forms, such as mashed, pellets, crumbles, etc. Poultry feed items provide the energy required for the development of the flesh, bone, feathers, and eggs of flocks. They even help improve the quality of poultry products. As a result, poultry feed products are in extensive demand among poultry farmers across the globe.

Industry Trends & Drivers

The increasing poultry production and the rising consumption of eggs and meat across countries, on account of the elevating shift toward protein-rich diets, are among the key factors driving the poultry feed market. Additionally, the escalating requirement for chicken meat, owing to its affordability, ready availability, and lower fat content, which helps reduce cardiovascular diseases (CVDs) and type 2 diabetes mellitus, is acting as another significant growth-inducing factor.

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Moreover, the growing utilization of automatic feeders and drinkers to enhance feeding in poultry farming is also positively influencing the global market. Apart from this, the introduction of modern poultry feed variants that are produced by carefully selecting and blending ingredients to offer a highly nutritional diet that aids in maintaining the health of the animals and enhancing the quality of poultry products is further stimulating the market growth. Besides this, the inflating investments in research and development (R&D) activities to help agricultural scientists focus on experimentation and chemical analysis to introduce improvements in existing animal diets are expected to bolster the poultry feed market over the forecasted period.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

AFGRI Animal Feeds, Alltech, Archer-Daniels-Midland Company, BASF SE, Cargill Inc., Charoen Pokphand Foods Public Company Limited, Chr. Hansen Holdings A/S, De Heus Animal Nutrition, ForFarmers N.V., Kent Nutrition Group (Kent Corporation), Koninklijke DSM N.V. and Novus International Inc. (Mitsui & Co. (U.S.A.) Inc.).

Report Segmentation

Breakup by Nature:

  • Conventional
  • Organic

Breakup by Form:

  • Mashed
  • Pellets
  • Crumbles
  • Others

Breakup by Additives:

  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acid
  • Feed Enzymes
  • Feed Acidifiers
  • Others

Breakup by Animal Type:

  • Layers
  • Broilers
  • Turkey
  • Others

Breakup by Distribution Channel:

  • Offline
  • Online

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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