Feed Concentrates Market Size, Share, Opportunities, And Trends By Type (Cereal Grains & By-Products, High-protein Oil, Sugar Beets And Sugarcane, Others), By Animal (Cattle, Swine, Poultry, Others), And By Geography - Forecasts From 2023 To 2028

The feed concentrates market is anticipated to grow at a steady pace during the forecast period. 

A combination of animal feed ingredients known as concentrated feed is meant to be combined with other feed ingredients to make a complete diet. The nutrient content of the concentrated feed is higher than the nutritional requirements of livestock. Concentrated feeds can be divided into two categories based on the proportions of the nutritional components they contain: protein and carbohydrates. Cereals such as oats, barley, and corn, which are high in starch and sugar, mill byproducts including bran, grain cuttings, and flour dust, and dried byproducts of sugar-beet and starch manufacture, are all examples of carbohydrate feeds. Leguminous crops such as peas, beans, soy, and lentils, oilcake and oilseed meal, meat, meat-and-bone, and blood meals are also examples of feeds high in protein. Concentrate feeds are available at different stages of production for a number of animal species, including ruminants, poultry, and pigs.

The market for feed concentrates is anticipated to develop as a result of rising meat demand and products from various types of animals.

For effective post-processing of pig products, farmers rely on pig protein concentrate. The production of pigs for breeding and farming has increased recently as a result of the rising demand for pork, which is one of the most popular types of meat consumed. Improved livestock efficiency indicates that changes in livestock numbers and population structure are necessary to maintain specific output levels. Due to the feed concentrate ensuring longer productive lives, improved reproduction and survival rates, and shorter nurturing times, fewer breeding animals and replacements are required and the demand for cattle feed concentrates has risen. Due to increased output of and demand for poultry meat, and because it contains a variety of vitamins and minerals, poultry concentrate is in great demand in the feed industry as a way to boost the production of nutritious and sanitary meat. In addition to being nutritious, poultry concentrate is also more affordable than other feed items, which boosts the demand for feed concentrates for broilers.

Key Developments

• The Zemgale-based production business LRS MSA received an €2.75 million loan from Luminor Bank in December 2022. The company primarily uses grain bought from farmers and various cooperatives to make animal feed for the dairy and pig farming industries. The business owns a cutting-edge grain pre-processing facility with 20,000 tons of storage space. The need for various raw materials and additives is rising as dairy and pig production farms grow. As a result, many farms wish to produce their compound feeds in accordance with predetermined formulae, and LRS MSA ensures that different feed components are available.
• Launched in June 2021, the Dale Farm and ABP Group dairy-beef combination was known as "Horizon." The alliance hopes to offer full traceability from calf to carcass. In particular, it will offer inputs and technical guidance to promote animal welfare and production efficiency from United Feeds, Genus ABS NI, and AI Services (Northern Ireland) Ltd. Grass silage and a custom United Feeds blend are included in the total mixed rations (TMR) that they are fed during this phase.

The market for feed concentrates is anticipated to increase significantly with a significant portion of the market concentrated in the Asia Pacific region.

Asia-Pacific is one of the most significant regional producers of feed concentrates. The market is expected to be driven by an expanding population in the region and a significant rise in consumer spending power. Additionally, the feed concentrate industry in this region has grown because of technological innovation and utilisation. In nations like China, South Korea, Vietnam, and Thailand, as well as others, there has been a growth in both the consumption and the production of meat. The significant impact of the agricultural sector throughout the projected period in Asia-Pacific is also anticipated to result in an increase in the demand for feed concentrates. Increased disposable income, a rise in the demand for pork, beef, and poultry meat, as well as manufacturers' successful marketing tactics, are the main drivers of the demand for feed concentrates in Asia. 

By type of animal, the swine market is anticipated to account for a sizeable portion of feed concentrates sales.

Pigs are raised for a variety of industrial purposes in addition to being raised for meat. For instance, due to their high protein content, collagen derived from pigs is used in face masks and gelatin. The market for pig feed concentrates has recently been driven by more application-focused pig products in industries. Pigs that are fed a good diet of feed concentrate not only have higher fertility, greater muscular growth, and are kept hydrated, but also diseases such as intestinal torsion and erysipelas are avoided. A balanced diet can be ensured for the pigs' growth and development by feeding swine feed concentrates along with regular grains and vegetables. The breeding of pigs has increased due to the rising demand for pork, which is projected to propel the global feed concentrates market for swine.

Feed Concentrates Market Scope:

Key Market Segments

• By Type
  • Cereal grains & By-Products
  • High-protein oil
  • Sugar beets and sugarcane
  • Others
• By Animal
  • Cattle
  • Swine
  • Poultry
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East And Africa
    • Saudi Arabia
    • Israel
    • Other
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Vietnam
    • Others