Global Complete Feed
Market Report
2024
The global Complete Feed Market size will be USD 555691.2 million in 2024. Rising focus on animal health nutrition is expected to boost sales to USD 781913.3 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Complete Feed Market Report 2024.
According to Cognitive Market Research, the global Complete Feed Market size will be USD 555691.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Complete Feed Market Sales Revenue 2024 | $ 555691 Million |
Global Complete Feed Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
North America Complete Feed Sales Revenue 2024 | $ 222276 Million |
North America Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.2% |
United States Complete Feed Sales Revenue 2024 | $ 175376 Million |
United States Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3% |
Canada Complete Feed Sales Revenue 2024 | $ 26673.2 Million |
Canada Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4% |
Mexico Complete Feed Sales Revenue 2024 | $ 20227.2 Million |
Mexico Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Europe Complete Feed Sales Revenue 2024 | $ 166707 Million |
Europe Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
United Kingdom Complete Feed Sales Revenue 2024 | $ 28006.8 Million |
United Kingdom Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.3% |
France Complete Feed Sales Revenue 2024 | $ 15337.1 Million |
France Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.7% |
Germany Complete Feed Sales Revenue 2024 | $ 33008.1 Million |
Germany Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Italy Complete Feed Sales Revenue 2024 | $ 14336.8 Million |
Italy Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.9% |
Russia Complete Feed Sales Revenue 2024 | $ 25839.6 Million |
Russia Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.5% |
Spain Complete Feed Sales Revenue 2024 | $ 13670 Million |
Spain Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.6% |
Rest of Europe Complete Feed Sales Revenue 2024 | $ 25839.6 Million |
Rest of Europe Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.2% |
Asia Pacific Complete Feed Sales Revenue 2024 | $ 127809 Million |
Asia Pacific Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
China Complete Feed Sales Revenue 2024 | $ 57514 Million |
China Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.5% |
Japan Complete Feed Sales Revenue 2024 | $ 17637.6 Million |
Japan Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Korea Complete Feed Sales Revenue 2024 | $ 12780.9 Million |
Korea Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.1% |
India Complete Feed Sales Revenue 2024 | $ 15337.1 Million |
India Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.8% |
Australia Complete Feed Sales Revenue 2024 | $ 6646.07 Million |
Australia Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Rest of APAC Complete Feed Sales Revenue 2024 | $ 9074.44 Million |
Rest of APAC Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.8% |
South America Complete Feed Sales Revenue 2024 | $ 27784.5 Million |
South America Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Brazil Complete Feed Sales Revenue 2024 | $ 11891.8 Million |
Brazil Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Argentina Complete Feed Sales Revenue 2024 | $ 4667.81 Million |
Argentina Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
Colombia Complete Feed Sales Revenue 2024 | $ 2472.83 Million |
Colombia Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Peru Complete Feed Sales Revenue 2024 | $ 2278.33 Million |
Peru Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Chile Complete Feed Sales Revenue 2024 | $ 2000.49 Million |
Chile Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Rest of South America Complete Feed Sales Revenue 2024 | $ 4473.31 Million |
Rest of South America Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
Middle East and Africa Complete Feed Sales Revenue 2024 | $ 11113.8 Million |
Middle East and Africa Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Turkey Complete Feed Sales Revenue 2024 | $ 955.79 Million |
Turkey Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Nigeria Complete Feed Sales Revenue 2024 | $ 1166.95 Million |
Nigeria Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.8% |
Egypt Complete Feed Sales Revenue 2024 | $ 1166.95 Million |
Egypt Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
South Africa Complete Feed Sales Revenue 2024 | $ 1755.98 Million |
South Africa Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
GCC Countries Complete Feed Sales Revenue 2024 | $ 4756.72 Million |
GCC Countries Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Rest of MEA Complete Feed Sales Revenue 2024 | $ 1311.43 Million |
Rest of MEA Complete Feed Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Market Split by Livestock |
|
Market Split by Form |
|
Market Split by Source |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Complete Feed industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Complete Feed Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Animal feed is specifically designed food provided to domesticated animals to fulfill their needs for growth, sustenance, and reproduction. With consideration for the unique requirements of every animal species, it usually consists of a diverse range of nutrients, including grains, proteins, vitamins, and minerals. High-quality feed is crucial for the overall health, productivity, and well-being of cattle and poultry. The market for animal feed is growing as a result of nutrient-rich research with multiple benefits and new technology. Improved formulas raise overall production, improve animal health, and maximize growth rates. These developments also promote sustainable feed production methods by addressing environmental issues. As a result, the sector benefits from increased productivity, lower expenses, and healthier cattle as well as increased food security. Additionally, the industry is growing more quickly due to the quickly growing agricultural sector and the simple supply of feed ingredients.
In April 2023, ForFarmers N.V. declared that it will sell Arvesta, a Belgian company, its Belgian compound feed division for EUR25 million (US$27.4 million). (Source: https://www.forfarmersgroup.eu/en/media/news/forfarmers-sells-belgian-compound-feed-activities-to-arvesta.aspx)
The expansion of aquaculture is a major trend driving market expansion. Aquaculture is experiencing a notable trend of expansion in the industry. Fish, crabs, and algae are farmed in aquaculture, which calls for the use of premium feed to guarantee the best possible growth and well-being for these aquatic creatures. The rising demand for seafood, rising consumer knowledge of the nutritional value of seafood, and the creation of novel and inventive aquaculture feed products are some of the drivers propelling the growth of aquaculture. The industry is also developing as a result of the growing appeal of aquaponics, a system that grows fish and plants in a symbiotic environment by combining hydroponics with aquaculture. The demand for specialist aquaculture feed products is created by the need for high-quality fish feed in aquaponics systems. Generally, during the projected period, aquaculture is anticipated to further propel the growth of the animal feed market.
Improving the health of farm animals is a top priority for livestock farmers in both developed and developing countries since happy, healthy animals lead to a society free from hunger and with sustainable food supplies. The quality and safety of animal feed are also crucial in order to satisfy the domestic market's desire for better and safe consumables derived from animals. Science of animal nutrition also contributes to lowering greenhouse gas emissions and land consumption associated with raising animals, for example, per kilogram of meat and egg or per liter of milk. The increased emphasis on animal well-being and diet is therefore expected to drive up demand for compound feed.
While the cost of extraction techniques has increased for producers, the price of raw materials like as seeds and plant leaves has been fluctuating. It is interesting to note that the primary raw material has decreased in cost. However, the cost of grains like corn, barley, and oats has been rising over time. The sector now faces serious challenges because of the availability of feed, especially in light of the world population growth and ensuing rise in food consumption. As a result, obtaining necessary basic feed ingredients like corn, wheat, and barley presents serious issues for the sector. The protracted conflict between Russia and Ukraine has made this issue worse, upsetting the supply chain and adding to the volatility of raw material prices.
Covid-19 had a significant impact on the Complete Feed Market. Due to the Covid-19 pandemic, The availability of raw materials has been negatively impacted by the disruptive value chain, which is affecting the expansion of the animal feed sector. However, as more people are purchasing goods from internet merchants, it is anticipated that the demand for animal feed would increase as economies prepare to resume operations. Given all of these variables, it is reasonable to assume that the demand for these products will increase after the epidemic. More environmentally conscious customers now reach out to this options, thereby pushing the market into recovery and future growth.
We have various report editions of Complete Feed Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In the Complete Feed Market's competitive landscape, numerous key competitors are driving innovation and growth. In order to grow and thrive in an atmosphere that is becoming more and more competitive, rivals in the animal feed business must provide the most affordable product. Market rivalry is encouraging technological and design innovations to create Complete Feed that fulfill both consumer wants and sustainability goals, keeping the market dynamic and competitive.
In April 2022, A new precision management tool developed by Cargill and Intelia will improve broiler performance. To optimize bird health and well-being, operational performance, and efficiency, data from this digital platform would be useful. (Source: https://www.cargill.com/2021/cargill,-intelia-partner-to-enhance-broiler-performance-through) In May 2022, ADM has purchased a feed mill in the Philippines, which will help the business expand in the area by producing a variety of goods for aquaculture, pet food, complete feed, and premix solutions. The acquisition will also improve the company's portfolio. (Source: https://www.adm.com/en-us/news/news-releases/adm-expands-philippines-animal-nutrition-footprint-with-feed-mill-acquisition-in-southern-mindanao/) In June 2021, Charoen Pokphand Foods (Thailand) purchased C.P. Aquaculture (India), a food and beverage business, to expand its stake to 75%. CPA is engaged in the production and marketing of shrimp meal. Charoen Pokphand Foods will be able to grow its shrimp feed business with this acquisition. (Source: https://www.cpfworldwide.com/en/media-center/1425)
Top Companies Market Share in Complete Feed Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America currently dominates the Complete Feed market, and the region is expected to have significant growth during the projected period. This is due to the region's huge and advanced livestock industry.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The increase of animal feed outlets is driving the market, increased demand for meat and dairy products brought on by urbanization and population expansion.
The current report Scope analyzes Complete Feed Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global Complete Feed Market size was estimated at USD 555691.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 222276.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
According to Cognitive Market Research, the global Complete Feed Market size was estimated at USD 555691.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 166703.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.
According to Cognitive Market Research, the global Complete Feed Market size was estimated at USD 555691.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 127808.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
According to Cognitive Market Research, the global Complete Feed Market size was estimated at USD 555691.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 27784.5 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
According to Cognitive Market Research, the global Complete Feed Market size was estimated at USD 555691.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 11113.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..
Global Complete Feed Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Complete Feed Industry growth. Complete Feed market has been segmented with the help of its Livestock, Form Source, and others. Complete Feed market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, poultry segments are likely to dominate the Complete Feed Market over the forecast period. Consumer need for lean, reasonably priced sources of protein is driving the poultry market. For a varied global population, poultry products—such as chicken and eggs—offer an affordable and flexible source of protein. Furthermore, the market for lean meats is driven by consumers' changing dietary tastes toward healthier options, which is consistent with poultry's standing as a lean protein source.
The swine segment is the fastest-growing segment in the Complete Feed Market. These compound swine feed become a trend, and rising demand for pig meat in different counties. This creates essentially compelling cups for those seeking a premium quality and sustainable alternative to traditional ones.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Complete Feed Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the pellets segment holds the largest share of the market, due to the growing need for convenient and manageable feed solutions. These consistent and compacted feed forms are convenient for feeding, storing, and transporting, making them popular with both customers and producers.
In the Complete Feed Market, the mash has been expanding at a rapid pace. The advantage of mash feed is that it helps prevent animals from selectively feeding because the ingredients are evenly distributed throughout the mixture. Mashing feed makes sure that animals get a balanced diet that contains all the nutrients they required by removing the option to select individual ingredients.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the plant based segment holds the largest market share. As more farmers and feed manufacturers search for affordable and sustainable substitutes for conventional animal protein sources, the market for plant-based protein in animal feed is expanding.
In the Complete Feed Market, the rapidly growing sector is the animal based category. The demand for aquaculture, swine, cattle, and poultry is being driven by people's growing health consciousness. In an increasingly competitive and developing market climate, competitors in the animal feed sector need to provide the most affordable product in order to grow and survive.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Livestock | Ruminants, Poultry, Swine, Aquaculture, Other |
Form | Mash, Pellets, Crumbles, Other forms |
Source | Plant-Based, Animal-Based |
List of Competitors | Cargill, Inc. (US), ADM (US), Charoen Pokphand Foods (Thailand), New Hope Group (China), Land O’Lakes (US), Nutreco N.V. (Netherlands), Alltech, Inc. (US), Guangdong Haid Group Co., Ltd (China), Weston Milling Group (Australia), Feed One Co. (Japan) |
This chapter will help you gain GLOBAL Market Analysis of Complete Feed. Further deep in this chapter, you will be able to review Global Complete Feed Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Livestock Analysis 2019 -2031, will provide market size split by Livestock. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Livestock Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Form Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Source Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Complete Feed market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Ruminants have a significant impact on Complete Feed market? |
What are the key factors affecting the Ruminants and Poultry of Complete Feed Market? |
What is the CAGR/Growth Rate of Mash during the forecast period? |
By type, which segment accounted for largest share of the global Complete Feed Market? |
Which region is expected to dominate the global Complete Feed Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Complete Feed Market
Request Sample