The Global Compound Feed Market: Technology Developments and Market Changes

March 09, 2012

Wellesley, Mass. – According to a new technical market research report, THE GLOBAL COMPOUND FEED MARKET: TECHNOLOGY DEVELOPMENTS AND MARKET CHANGES (FOD017C) from BCC Research (www.bccresearch.com), the global market for feed additive products was valued at nearly $16.1 billion in 2010 and is expected to increase to $27.6 billion in 2017, a seven-year compound annual growth rate (CAGR) of 8.1%.

The market for feed additive products can be broken down into six segments: amino acids, vitamins, minerals/phosphorous, yeast products, enzymes, and colorants/pigments.

The amino acids segment accounted for nearly $9.6 billion in 2010 and is expected to increase at a CAGR of 10.2% to reach $18.8 billion in 2017.

The segment made up of vitamins accounted for nearly $2.9 billion in 2010 and is expected to increase at a CAGR of 4.2% to reach $3.8 billion in 2017.

The minerals/phosphorous segment totaled $2 billion in 2010 and is expected to total $3 billion in 2017, a CAGR of 6%.

In 2010, yeast products were valued at $616 million and are expected to reach $730 million in 2017 at a CAGR of 2.5%.

The segment made up of enzymes was valued at $540 million in 2010 and should reach $720 million in 2017, a CAGR of 4.2%.

The colorants/pigments segment was worth $477 million in 2010 and is expected to be worth $559 million in 2017, a CAGR of 2.3%.

Compound feed is a mixture of raw materials obtained from different sources. Its major ingredients are cereals and oil cakes. By-products of the food and technical industries frequently used are residues from sugar and starch production or from ethanol manufacturing.

Raw materials constitute the main costs of the compound feed industry. They account for more than 80% of total costs and affect the industry’s ability to competitively produce quality feed and consequently meat.   

The compound feed industry is an important part of the food supply chain and is closely linked to primary agricultural production. As a supplier, the industry makes a contribution to the activity of livestock farms, and, as a customer, it not only consumes produce from arable farming but also uses by-products of the food industry as ingredients.  

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The Global Compound Feed Market: Technology Developments and Market Changes( FOD017C )
Publish Date: Mar 2012    

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