The animal-based compound feed market is expected to grow at a CAGR of 4.38%, reaching a market size of US$634.143 billion in 2030 from US$512.174 billion in 2025.
Compound feed is a mixture of several ingredients that are beneficial and suitable for animal consumption. It contains several ingredients such as grains, protein meals/cakes, agro-industrial byproducts, minerals, vitamins, and chunies. Animal-based compound feed is a type of animal feed that consists of animal-based ingredients.
Animal-based compound feed is a mixture of several animal-based ingredients and proteins, which include fishmeal, meat meal, poultry meal, egg-shell meal, hydrolyzed whole poultry, bone marrow, meal meat tankage, dried cow milk, whey products, dried cheese, and many others. Animal-based ingredients in animal feed increase the nutritional value of the compound feed, providing high-quality protein, several essential amino acids, energy in the form of fats and carbohydrates, and vitamins and minerals, which include phosphorus and calcium. The increase in the quality of protein consumed through animal feed increases the quality of the animal-based products in the market. This includes dairy products such as milk and cheese, poultry products such as meat and eggs, and other non-food products, as well as wool, cashmere, leather, and many others. Hence, the global animal-based compound feed market is expected to witness a significant increase during the forecasted period of 2024-2029, with factors such as an increase in demand for animal protein affecting the market growth.
The Asia Pacific region is expected to witness significant growth in the animal-based compound feed market during the forecasted period of 2024-2029. The factors that affect the market growth in this region is the increasing production of the overall compound feed. China accounts for the majority of the market share due to its immense production of compound feed. As per the International Feed Industry Federation, the global demand for animal feed is expected to grow by 60% by 2050, with an increase of animal proteins estimated at 1.7% per annum. Among the countries, China displayed the highest growth compared to other regions and occupies 20% of the compound feed production in the global market. Poultry feed displayed the highest percentage among the global feed production, with 44% of the total feed production categorized by species. The increase in global compound feed production will provide a significant boost to the market.
Following China, the EU region is expected to show an increase in growth as well during the forecasted period, occupying 13% of the global compound feed production during 2021. Animal feed that consists of animal-based ingredients will provide increased protein and nutrients to the animals, which in turn provide more animal protein and byproducts for human consumption. Due to this, the demand for animal-based protein in the market is also expected to increase. Hence, the increase in global compound feed production will have a significant boosting effect on the animal-based compound feed market. This is due to the increase in the population of humans and the demand for animal protein, which leads to an increase in global feed production as well.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Report Metric | Details |
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Animal-Based Compound Feed Market Size in 2025 |
US$512.174 billion |
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Animal-Based Compound Feed Market Size in 2030 |
US$634.143 billion |
| Growth Rate | CAGR of 4.38% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
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List of Major Companies in the Global Animal-Based Compound Feed Market |
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| Customization Scope | Free report customization with purchase |