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Middle East and Africa compound feed market to reach USD 37.4 billion by 2021 according to new research report

Middle East and Africa compound feed market to reach USD 37.4 billion by 2021 according to new research report

Middle East and Africa 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), and by Region

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“Middle East and Africa Compound Feed Market" research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 1.51% to reach USD 37.4 billion by 2021, from USD 34.7 billion in 2016.

Compound feed consists of food products manufactured especially for animals. The Compound Feed market is developing at a significant rate due to the increase in the livestock population.

Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally.

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Most commonly used raw materials are soybean, corn, barley; wheat and sorghum.

Most common additives to form compound feed are, minerals, amino acids, antibiotics and colorants. Compound feed has become an essential part of the globally increasing livestock industry and meat production industry.

The end consumers of the compound feed are poultry, pig, ruminants, fish. Poultry, pork, and cattle are the largest consumers of compound feed in this region, accounting for the major share of the overall compound feed market.

Report at : www.marketdataforecast.com/market-…4/request-sample

Key factors, which affects and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are

  • Rise in meat consumption,
  • Increase in mass production of meat
  • Recent livestock disease outbreaks
  • Different regulatory structures
  • Volatile economies
  • Increasing cost of operations
  • An increase in the cost of raw materials

For granular level understanding the Middle East and Africa Compound Feed Market is segmented based on type, application and end user each being provided with Market Size Estimations and Y-o-Y Forecasts.

By ingredient Type:                      

  • Cereals
  • Cereals by-Product
  • Oilseed Meal
  • Oil
  • Molasses
  • Supplements
  • Others

By Supplements:   

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

By Animal type:   

  • Ruminant
  • Swine
  • Poultry
  • Aquaculture
  • Others  

Report:www.marketdataforecast.com/market-…rket-364/inquire

The Middle Eastern and African market is projected to be the fastest-growing market for Compound feed market. In terms of revenue, South Africa leads the market in this region.

This 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 products and due to the rise in disposable incomes in developing economies.

Some of the major companies dominating this market in this region 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 Middle East and Africa Compound Feed Market report offers wide-range of scope:

  • Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole
  • Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, and application and end user along with market size forecasts and y-o-y estimations
  • Detailed explanation of major drivers, restraints, opportunities, and challenges(DROC) that affect the market and impact the ever-shifting market dynamics
  • Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
  • Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • Market Outlook - Investment opportunities devised by stand in expertsto provide both individuals and organizations a strong financial foothold in the market

 

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