Middle East and Africa Poultry Feed Market Analysis and Opportunities by 2028
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028Middle East and Africa Poultry Feed Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Poultry Type (Layers, Broilers, Turkeys, and Others), Form (Pellets, Crumbles, Mashed, and Others), and Category (Organic and Conventional)
- Report Date : Jan 2022
- Report Code : TIPRE00026751
- Category : Food and Beverages
- Status : Published
- Available Report Formats :
- No. of Pages : 108
The poultry feed market in Middle East & Africa is expected to grow from US$ 6,230.54 million in 2021 to US$ 7,757.17 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2021 to 2028.
Poultry feed products are fortified with optimal levels of calcium, phosphorus, minerals, and vitamins. Feed fortification will decrease mortality and increase bone strength. Feed fortification has a positive effect on bone strength which leads to a reduction of bone fractures. Probiotic fortification of a feed helps to improve growth performance, animal immunity, and overall poultry performance. The poultry feed is fortified with synthetic amino acids is to reduce the use of crude protein, such as soybean, meal in poultry diets. In addition to contributing to protein-rich feedstuff substitution, amino acids can also positively impact animal metabolism. There is an increase in interest in such dietary intervention that could address the protein deficit by lowering dependence on soybean. The import of soybean could be significantly reduced through the use of feed-grade amino acids. The fluctuation in soybean prices is also expected to boost the need for feed-grade amino acids in poultry feed. Hence, increasing demand for fortified poultry feed products would emerge as a trend in the Middle East & Africa poultry feed market in the coming years.
The ongoing COVID-19 pandemic compelled the implementation of preventive measures that drastically altered the status of the animal feed industry and negatively impacted the growth of the Middle East & Africa poultry feed market. Governments across the region ordered the closure of their international ports, further causing disruptions in the poultry feed supply chain. The COVID-19 pandemic impacted the availability of raw materials to prepare poultry feed in the countries. Many countries that depend on imports of main raw ingredients, such as corn and soybeans, to prepare poultry feed have had substantial problems procuring them. The availability of poultry feed in most places was difficult due to the shutting down of the feed plants. The consumption of poultry meat declined drastically. The poultry feed industry has been badly affected by the closure of restaurants across the region. The expanding demand for poultry feed and significant investments by prominent manufacturers are expected to drive the growth of poultry feeds.
Middle East & Africa Poultry Feed Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Poultry Feed Market Segmentation
Middle East & Africa Poultry Feed Market – By Poultry Type
- Broilers
- Layers
- Turkeys
- Others
Middle East & Africa Poultry Feed Market – By Form
- Pellets
- Crumbles
- Mashed
- Others
Middle East & Africa Poultry Feed Market – By Category
- Organic
- Conventional
Middle East & Africa Poultry Feed Market– By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Middle East & Africa Poultry Feed Market-Companies Mentioned
- ADM
- AFGRI Animal Feeds.
- Alltech.
- Cargill, Incorporated.
- Charoen Pokphand Foods PCL
- De Heus Animal Nutrition.
- SHV Holdings
Middle East and Africa Poultry Feed Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 6,230.54 Million |
| Market Size by 2028 | US$ 7,757.17 Million |
| Global CAGR (2021 - 2028) | 3.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Poultry Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- ADM
- AFGRI Animal Feeds.
- Alltech.
- Cargill, Incorporated.
- Charoen Pokphand Foods PCL
- De Heus Animal Nutrition.
- SHV Holdings
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