Poultry Feed Market 1

Poultry Feed Market Research Report: Information by Poultry Type, Form
and Region—Forecast till 2024
Poultry Feed Market - Overview
Since the domestication of animals, poultry farms have appeared far and wide to meet the
demands of the market. Poultry feed is one of the most crucial elements in raising poultry
fit for consumption and it is indirectly important for the availability of quality proteins from
poultry to the food industry worldwide. Quality poultry feed is essential to improving the
nutritional value of the protein and to ensure that the poultry stock is abundantly available
worldwide. Ever since the beginning of globalization and betterment in the standards of
living of consumers, many companies which manufacture poultry feed are growing their
presence in developing markets of the world with improved product types and a higher
yield level.
The Poultry Feed Market Ingredients is growing worldwide with plenty of opportunities
that can be capitalized upon. According to a report published by Market Research Future on
Global Poultry Feed Market Research Report - Forecast to 2027 states that the segment will
be showing a billion-dollar growth along with a brilliant CAGR percentage. The rise in demand
for poultry feed is primarily because of high demand levels for poultry due to increase in the
population around the world. Rising levels of awareness for a healthy diet have also driven
the demand for poultry products as poultry is a form of white meat which is considered
healthy. Profitability of the poultry business has enabled the growth of the poultry feed
market as well. Poultry products also have further contributed to the rise of this segment.
Bird Flu and other diseases related to poultry also have negatively impacted the growth of
the sector. The sector can also positively benefit from government support and funding for
the development of the sector. High levels of expendable income have also driven the
consumption and demand levels of poultry worldwide.
Latest Industry News
Nov 2017 Astral is looking for investments in the poultry sector. The company already has
a business unit dealing with poultry feed production. After seeing a successful streak the
company has become cash flushed and is looking for acquisitions in the poultry sector to
capitalize on.
Oct 2017 South Korean livestock and feed manufacturer, Harim Group, announced that its
subsidiary, Farmsco, has acquired the feed and poultry-breeding units of Indonesia’s Sujaya
Group. Farmsco is reportedly injecting around 60 billion won (US$52.9m) in its Indonesian
operations. Under the deal with Sujaya, Farmsco gets a renovated feed plant; the plant is
said to have annual feed production capacity of 500,000 tons.
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