Middle East and Africa Poultry Feed Market Analysis and Opportunities by 2028
Middle 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. MEA Poultry Feed Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Value Chain Analysis
4.3.1 Raw Material:
4.3.2 Manufacturing/ Processing:
4.3.3 Packaging:
4.4 Expert Opinion
5. MEA Poultry Feed Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Poultry Production
5.1.2 Rising Demand for Compound Feed in Poultry
5.2 Market Restraints
5.2.1 Volatility in Raw Material Prices
5.3 Market Opportunities
5.3.1 Product Innovation
5.4 Future Trends
5.4.1 Increasing Demand for Fortified Poultry Feed Products
5.5 Impact Analysis
6. Poultry Feed – MEA Market Analysis
6.1 MEA Poultry Feed Market Overview
6.2 MEA Poultry Feed Market –Revenue and Forecast to 2028
7. MEA Poultry Feed Market Analysis – By Poultry Type
7.1 Overview
7.2 MEA Poultry Feed Market, By Poultry Type (2020 and 2028)
7.3 Broilers
7.3.1 Overview
7.3.2 Broilers: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Layers
7.4.1 Overview
7.4.2 Layers: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Turkeys
7.5.1 Overview
7.5.2 Turkeys: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
8. MEA Poultry Feed Market Analysis – By Form
8.1 Overview
8.2 MEA Poultry Feed Market, By Form (2020 and 2028)
8.3 Pellets
8.3.1 Overview
8.3.2 Pellets: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Crumbles
8.4.1 Overview
8.4.2 Crumbles: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Mashed
8.5.1 Overview
8.5.2 Mashed: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
9. MEA Poultry Feed Market Analysis – By Category
9.1 Overview
9.2 MEA Poultry Feed Market, By Category (2020 and 2028)
9.3 Organic
9.3.1 Overview
9.3.2 Organic: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Conventional
9.4.1 Overview
9.4.2 Conventional: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
10. MEA Poultry Feed Market – Country Analysis
10.1 Overview
10.1.1 Middle East & Africa: Poultry Feed Market, by Key Country
10.1.1.1 South Africa: Poultry Feed Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Poultry Feed Market, by Poultry Type
10.1.1.1.2 South Africa: Poultry Feed Market, by Form
10.1.1.1.3 South Africa: Poultry Feed Market, by Category
10.1.1.2 Saudi Arabia: Poultry Feed Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Poultry Feed Market, by Poultry Type
10.1.1.2.2 Saudi Arabia: Poultry Feed Market, by Form
10.1.1.2.3 Saudi Arabia: Poultry Feed Market, by Category
10.1.1.3 UAE: Poultry Feed Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Poultry Feed Market, by Poultry Type
10.1.1.3.2 UAE: Poultry Feed Market, by Form
10.1.1.3.3 UAE: Poultry Feed Market, by Category
10.1.1.4 Rest of the Middle East and Africa: Poultry Feed Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of the Middle East and Africa: Poultry Feed Market, by Poultry Type
10.1.1.4.2 Rest of the Middle East and Africa: Poultry Feed Market, by Form
10.1.1.4.3 Rest of the Middle East and Africa: Poultry Feed Market, by Category
11. Impact of COVID-19 Pandemic on MEA Poultry Feed Market
11.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Product Launch
12.3 Mergers & Acquisition
12.4 Joint Venture
12.5 Expansion
12.6 Collaboration and Partnership
13. Company Profiles
13.1 ADM
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cargill, Incorporated
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Alltech.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Charoen Pokphand Foods PCL
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 SHV Holdings
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 AFGRI Animal Feeds
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 DE HEUS ANIMAL NUTRITION
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. MEA Poultry Feed Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Poultry Feed Market, by Poultry Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Poultry Feed Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Poultry Feed Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Poultry Feed Market, by Poultry Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Poultry Feed Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Poultry Feed Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE Poultry Feed Market, by Poultry Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE Poultry Feed Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE Poultry Feed Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of the Middle East and Africa Poultry Feed Market, by Poultry Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of the Middle East and Africa Poultry Feed Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of the Middle East and Africa Poultry Feed Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Poultry Feed Market Segmentation
Figure 2. MEA Poultry Feed Market Segmentation – By Country
Figure 3. MEA Poultry Feed Market Overview
Figure 4. MEA Poultry Feed Market, By Form
Figure 5. MEA Poultry Feed Market, By Country
Figure 7. Porter's Five Forces Analysis
Figure 8. Value Chain: MEA Poultry Feed Market
Figure 9. Expert Opinion
Figure 10. MEA Poultry Feed Market Impact Analysis of Drivers and Restraints
Figure 11. MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Poultry Feed Market Revenue Share, By Poultry Type (2020 and 2028)
Figure 13. Broilers: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Layers: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Turkeys: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Poultry Feed Market Revenue Share, By Form (2020 and 2028)
Figure 18. Pellets: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Crumbles: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Mashed: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Poultry Feed Market Revenue Share, By Category (2020 and 2028)
Figure 23. Organic: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Conventional: MEA Poultry Feed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Middle East & Africa: Poultry Feed Market, by Key Country – Revenue (2020) (US$ Million)
Figure 26. Middle East & Africa Poultry feed Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. South Africa: Poultry Feed Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Saudi Arabia: Poultry Feed Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. UAE: Poultry Feed Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of the Middle East and Africa: Poultry Feed Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in Middle East & Africa
CONTACT US
If you have any queries about this report or would like further information, please contact us:
North America: +1 646 491 9876
Asia-Pacific: +91 20 6727 8686
Email: sales@theinsightpartners.com
DISCLAIMER
All Rights Reserved.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior permission of the publisher, “The Insight Partners.”
- ADM
- AFGRI Animal Feeds.
- Alltech.
- Cargill, Incorporated.
- Charoen Pokphand Foods PCL
- De Heus Animal Nutrition.
- SHV Holdings
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For