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    Global Poultry Feed Market

    ID: MRFR/AGR/0782-HCR
    115 Pages
    Harshita Gorade
    September 2025

    Poultry Feed Market Analysis & Size, Share Research Report: Information by Poultry Type (Broilers, Layers, Turkey, and Others), Form (Mash, Pellets, Crumbles, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2032

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    Poultry Feed Market Research Report - Global Forecast till 2032 Infographic
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    Table of Contents

    Global Poultry Feed Market Summary

    As per Market Research Future Analysis, the global poultry feed market was valued at USD 139.39 billion in 2023 and is projected to grow to USD 249.39 billion by 2032, with a CAGR of 6.76% from 2024 to 2032. The demand for poultry meat and eggs has consistently increased, driving the need for nutritious poultry feed. Key ingredients include amino acids, proteins, fats, vitamins, and minerals, tailored to the specific needs of different poultry species. The market is influenced by regulatory standards and rising concerns over food safety, particularly post-COVID-19, which impacted production and demand. The Asia-Pacific region is the fastest-growing market, driven by increasing poultry consumption and production. Major players are focusing on product innovation and strategic partnerships to enhance market presence.

    Key Market Trends & Highlights

    The poultry feed market is witnessing significant growth driven by various factors.

    • Market Size in 2023: USD 139.39 billion.
    • Projected Market Size by 2032: USD 249.39 billion.
    • CAGR from 2024 to 2032: 6.76%.
    • Asia-Pacific is the fastest-growing region due to rising poultry consumption.

    Market Size & Forecast

    2023 Market Size USD 139.39 billion
    2024 Market Size USD 147.82 billion
    2032 Market Size USD 249.39 billion

    Major Players

    Charoen Pokphand Foods PCL (Thailand), Cargill Inc. (U.S.), Alltech Inc. (U.S.), Archer Daniels Midland (U.S.), De Heus B.V. (Netherlands), Land O' Lakes Inc. (U.S.), ForFarmers N.V. (Netherlands), Nutreco N.V. (Netherlands), NEOVIA Group (France), BASF SE (Germany)

    Global Poultry Feed Market Trends

    The global poultry feed market is poised for growth, driven by increasing demand for poultry products and advancements in feed technology, which collectively enhance production efficiency and sustainability.

    United States Department of Agriculture (USDA)

    Global Poultry Feed Market Drivers

    Market Growth Projections

    The Global Poultry Feed Market Industry is poised for substantial growth in the coming years. With a market valuation of 147.8 USD Billion in 2024, projections indicate a rise to 303.5 USD Billion by 2035. This trajectory suggests a robust compound annual growth rate of 6.76% from 2025 to 2035. Such growth is driven by various factors, including rising meat consumption, technological advancements, and increasing focus on sustainability. The market's expansion reflects the industry's adaptability and responsiveness to changing consumer demands and global trends.

    Focus on Sustainable Practices

    Sustainability is becoming a cornerstone of the Global Poultry Feed Market Industry. With growing concerns about environmental impact, producers are increasingly adopting sustainable practices in feed formulation. This includes the use of alternative protein sources, such as insects and plant-based ingredients, which reduce reliance on traditional feed components. As consumers become more environmentally conscious, the demand for sustainably produced poultry products is likely to rise. This shift not only addresses ecological concerns but also aligns with the projected market growth, as the industry seeks to innovate and meet consumer expectations.

    Rising Global Meat Consumption

    The increasing demand for poultry meat globally drives the Global Poultry Feed Market Industry. As populations grow and urbanization accelerates, meat consumption is projected to rise significantly. In 2024, the market is valued at 147.8 USD Billion, reflecting a robust appetite for poultry products. Countries such as China and India are leading this trend, with their growing middle-class populations seeking protein-rich diets. This surge in meat consumption necessitates a corresponding increase in poultry feed production, thereby propelling the market forward. The Global Poultry Feed Market Industry must adapt to meet these evolving dietary preferences.

    Emerging Markets and Global Trade

    Emerging markets are significantly influencing the Global Poultry Feed Market Industry. Countries in Southeast Asia, Africa, and Latin America are experiencing rapid economic growth, leading to increased poultry production and consumption. This trend is further supported by global trade agreements that facilitate the exchange of feed ingredients and finished products. As these markets expand, they present new opportunities for feed manufacturers to tap into. The growing interconnectedness of global trade is likely to enhance market dynamics, contributing to the overall growth trajectory of the industry.

    Government Support and Regulations

    Government policies and regulations play a pivotal role in shaping the Global Poultry Feed Market Industry. Many countries are implementing supportive measures to enhance poultry production, including subsidies and research funding. These initiatives aim to improve feed quality and safety standards, thereby boosting overall industry growth. For instance, regulatory frameworks that promote biosecurity and animal welfare are increasingly being adopted. Such government interventions are likely to create a conducive environment for market expansion, ensuring that the industry can meet the projected market value of 303.5 USD Billion by 2035.

    Technological Advancements in Feed Production

    Innovations in feed production technology are transforming the Global Poultry Feed Market Industry. Advanced processing techniques, such as extrusion and pelleting, enhance feed efficiency and nutritional value. These technologies enable producers to optimize feed formulations, leading to better growth rates and feed conversion ratios in poultry. As a result, the market is expected to experience a compound annual growth rate of 6.76% from 2025 to 2035. This growth is indicative of the industry's commitment to improving production methods and meeting the increasing demands of poultry farmers worldwide.

    Market Segment Insights

    Regional Insights

    Key Companies in the Global Poultry Feed Market market include

    Industry Developments

    Regal DSM N.V.; Alltech Inc.; Novus International Inc.; Evonik Industries; Kent Nutrition Group, Inc.; and BASF are a portion of the organizations present in the business. Poultry feed makers intend to accomplish ideal business development and build up a solid market position through the execution of different procedures like acquisitions, joint endeavors, creation limit extensions, new item dispatches, advancement of key item marks, and critical interests in the examination and improvement.

    Industry News and Events:

      • Mergers and Acquisitions: The recent merger of Novozymes and Chr. Hansen in the feed enzyme sector signifies a consolidation trend in the industry. (Source: Feed Strategy)
      • IPPE 2024 discussions: Poultry owners in India are exploring collaborative feed procurement strategies to combat rising costs and ensure supply chain stability. (Source: Poultry Dairy Feed)

    Regional Developments:

      • Kerala, India: The poultry market faces a shortage of free-range feed, highlighting the need for improved infrastructure and local feed production. (Source: Poultry Dairy Feed)
      • North America: The poultry feed market is expected to witness steady growth due to factors like rising demand for organic and antibiotic-free poultry products. (Source: Poultry Feed Market by Type)

    Future Outlook

    Global Poultry Feed Market Future Outlook

    The Global Poultry Feed Market is projected to grow at a 6.76% CAGR from 2024 to 2035, driven by rising meat consumption, technological advancements, and sustainable practices.

    New opportunities lie in:

    • Invest in alternative protein sources to enhance feed efficiency.
    • Develop smart feed solutions utilizing IoT for real-time monitoring.
    • Expand into emerging markets with tailored poultry feed formulations.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer demands and innovation.

    Market Segmentation

    Report Overview

    Report Scope

    Attribute/Metric Details
    Market Size 2032 USD 249.39 billion
    Compound Annual Growth Rate (CAGR)  6.76% (2024-2033)
    Base Year 2024
    Market Forecast Period 2024-2033
    Historical Data 2021
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered By Feed Type, By Nature and By Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Key Companies Profiled Charoen Pokphand Foods PCL (Thailand), Cargill Inc. (U.S.), Alltech Inc. (U.S.), Archer Daniels Midland (U.S.), De Heus B.V. (Netherlands), Land O' Lakes Inc. (U.S.), ForFarmers N.V. (Netherlands), Nutreco N.V. (Netherlands), NEOVIA Group (France), BASF SE (Germany)
    Key Market Opportunities Increased production of industrial livestock and rising demand for organic feed
    Key Market Dynamics Increase in demand for poultry meat products

    Market Highlights

    Author
    Harshita Gorade
    Research Analyst

    Harshita Post graduate MBA in Business Administration from Welingkar Institute, Mumbai and 5 years of experience in the field of product market research. As a Research Analyst, I have cross-domain experience in packaging, and industrial Automation & Equipment. I am currently looking after the research process of packaging, logistics & transportation, and industrial automation & equipment at Market Research Future Reports. My responsibilities at the organization involve handling syndicate and custom reports as well as responding to client inquiries, and organize, co-ordinate with a group of 5 to 6 persons to manage all workflows.

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    FAQs

    What would be the poultry feed market valuation by 2032

    Poultry feed market would be valued as USD 249.39 billion by 2032.

    What would be the CAGR of the poultry feed market during the forecast period (2024-2032)?

    Poultry feed market CAGR would be 6.76% during the forecast period.

    Which region would lead the poultry feed market?

    The Asia Pacific would lead global poultry feed market ahead.

    What drives the Asia Pacific poultry feed market growth?

    High level of meat consumption is leading the Asia Pacific poultry feed market.

    Name the key players involved in the poultry feed market.

    Poultry feed market players are Cargill Inc. (US), Archer Daniels Midland (US), Alltech Inc. (US), Land O’ Lakes Inc. (US), Charoen Pokphand Foods PCL (Thailand), (Netherlands), De Heus B.V. (Netherlands), ForFarmers N.V. NEOVIA Group (France), Nutreco N.V. (Netherlands), and BASF SE (Germany).

    1. 'TABLE OF CONTENTS
    2. EXECUTIVE SUMMARY
      1. Market Attractiveness Analysis
        1. Global Poultry Feed Market, by Poultry Type
        2. Global Poultry
    3. Feed Market, by Form
      1. Global Poultry Feed Market, by Region
    4. MARKET INTRODUCTION
      1. Definition
      2. Scope of the Study
      3. Market
    5. Structure
      1. Key Buying Criteria
      2. Macro Factor Indicator Analysis
    6. RESEARCH METHODOLOGY
      1. Research Process
      2. Primary Research
      3. Secondary Research
      4. Market Size Estimation
      5. Forecast Model
      6. List of Assumptions
    7. MARKET DYNAMICS
      1. Introduction
    8. Drivers
      1. Restraints
      2. Opportunities
      3. Challenges
    9. MARKET FACTOR ANALYSIS
      1. Value Chain Analysis
      2. Supply Chain Analysis
      3. Porter’s Five Forces Model
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of New Entrants
    10. Threat of Substitutes
      1. Intensity of Rivalry
    11. GLOBAL POULTRY FEED
    12. MARKET, BY POULTRY TYPE
      1. Introduction
      2. Broilers
        1. Broilers:
    13. Market Estimates & Forecast, by Region/Country, 2024-2032
      1. Layers
        1. Layers: Market Estimates & Forecast, by Region/Country, 2024-2032
      2. Turkey
        1. Turkey: Market Estimates & Forecast, by Region/Country,
      3. Others
        1. Others: Market Estimates & Forecast,
    14. by Region/Country, 2024-2032
    15. GLOBAL POULTRY FEED MARKET, BY FORM
    16. Introduction
      1. Mash
        1. Mash: Market Estimates & Forecast, by
    17. Region/Country, 2024-2032
      1. Pellets
        1. Pellets: Market Estimates
    18. & Forecast, by Region/Country, 2024-2032
      1. Crumbles
        1. Crumbles:
    19. Market Estimates & Forecast, by Region/Country, 2024-2032
      1. Others
        1. Others: Market Estimates & Forecast, by Region/Country, 2024-2032
    20. GLOBAL POULTRY FEED MARKET, BY REGION
      1. Introduction
      2. North
    21. America
      1. Market Estimates & Forecast, by Poultry Type, 2024-2032
        1. Market Estimates & Forecast, by Form, 2024-2032
        2. Market
    22. Estimates & Forecast, by Country, 2024-2032
      1. US
        1. Market
    23. Estimates & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates
    24. & Forecast, by Form, 2024-2032
      1. Canada
        1. Market Estimates
    25. & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates &
    26. Forecast, by Form, 2024-2032
      1. Mexico
        1. Market Estimates &
    27. Forecast, by Poultry Type, 2024-2032
      1. Market Estimates & Forecast,
    28. by Form, 2024-2032
      1. Europe
        1. Market Estimates & Forecast,
    29. by Poultry Type, 2024-2032
      1. Market Estimates & Forecast, by Form,
        1. Market Estimates & Forecast, by Country, 2024-2032
        2. Germany
    30. UK
      1. Market Estimates & Forecast, by Poultry Type, 2024-2032
        1. Market Estimates & Forecast, by Form, 2024-2032
        2. France
    31. Market Estimates & Forecast, by Form, 2024-2032
      1. Spain
    32. Market Estimates & Forecast, by Poultry Type, 2024-2032
      1. Market
    33. Estimates & Forecast, by Form, 2024-2032
      1. Italy
        1. Market
    34. Estimates & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates
    35. & Forecast, by Form, 2024-2032
      1. Rest of Europe
        1. Market
    36. Estimates & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates
    37. & Forecast, by Form, 2024-2032
      1. Asia-Pacific
        1. Market Estimates
    38. & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates & Forecast,
    39. by Form, 2024-2032
      1. Market Estimates & Forecast, by Country, 2024-2032
        1. China
        2. Japan
    40. Market Estimates & Forecast, by Form, 2024-2032
      1. India
    41. Market Estimates & Forecast, by Poultry Type, 2024-2032
      1. Market
    42. Estimates & Forecast, by Form, 2024-2032
      1. Australia & New Zealand
        1. Market Estimates & Forecast, by Poultry Type, 2024-2032
    43. Market Estimates & Forecast, by Form, 2024-2032
      1. Rest of Asia-Pacific
        1. Market Estimates & Forecast, by Poultry Type, 2024-2032
    44. Market Estimates & Forecast, by Form, 2024-2032
      1. Rest of the World
        1. Market Estimates & Forecast, by Poultry Type, 2024-2032
    45. Market Estimates & Forecast, by Form, 2024-2032
      1. Market Estimates
    46. & Forecast, by Region, 2024-2032
      1. South America
        1. Market
    47. Estimates & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates
    48. & Forecast, by Form, 2024-2032
      1. Middle East
        1. Market
    49. Estimates & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates
    50. & Forecast, by Form, 2024-2032
      1. Africa
        1. Market Estimates
    51. & Forecast, by Poultry Type, 2024-2032
      1. Market Estimates &
    52. Forecast, by Form, 2024-2032
    53. COMPETITIVE LANDSCAPE
      1. Introduction
      2. Competitive Benchmarking
      3. Development Share Analysis
      4. Key
    54. Developments & Growth Strategies
    55. COMPANY PROFILES
      1. Charoen
    56. Pokphand Foods PCL
      1. Company Overview
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      2. Cargill Inc.
        1. Company Overview
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      3. Alltech Inc.
    57. Company Overview
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Archer Daniels Midland
        1. Company Overview
        2. Financial
    58. Overview
      1. Products Offered
        1. Key Developments
    59. SWOT Analysis
      1. Key Strategies
      2. De Heus B.V.
        1. Company
    60. Overview
      1. Financial Overview
        1. Products Offered
    61. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    62. Land O’ Lakes Inc.
      1. Company Overview
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      2. ForFarmers N.V.
        1. Company Overview
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      3. Nutreco N.V.
    63. Company Overview
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. NEOVIA Group
        1. Company Overview
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      3. BASF SE
        1. Company Overview
    64. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
    65. APPENDIX
    66. General Sources & References
      1. List of Abbreviation
    67. Million)
    68. Million)
    69. US: Poultry Feed Market, by Form, 2024-2032 (USD Million)
    70. Poultry Feed Market, by Poultry Type, 2024-2032 (USD Million)
    71. Poultry Feed Market, by Form, 2024-2032 (USD Million)
    72. Feed Market, by Poultry Type, 2024-2032 (USD Million)
    73. Feed Market, by Form, 2024-2032 (USD Million)
    74. Market, by Country, 2024-2032 (USD Million)
    75. by Poultry Type, 2024-2032 (USD Million)
    76. by Form, 2024-2032 (USD Million)
    77. Poultry Type, 2024-2032 (USD Million)
    78. by Form, 2024-2032 (USD Million)
    79. Type, 2024-2032 (USD Million)
    80. 2032 (USD Million)
    81. 2032 (USD Million)
    82. (USD Million)
    83. (USD Million)
    84. Million)
    85. Million)
    86. Million)
    87. Million)
    88. (USD Million)
    89. 2032 (USD Million)
    90. 2032 (USD Million)
    91. 2032 (USD Million)
    92. (USD Million)
    93. (USD Million)
    94. Million)
    95. Million)
    96. (USD Million)
    97. Form, 2024-2032 (USD Million)
    98. by Poultry Type, 2024-2032 (USD Million)
    99. Feed Market, by Form, 2024-2032 (USD Million)
    100. Poultry Feed Market, by Country, 2024-2032 (USD Million)
    101. World (RoW): Poultry Feed Market, by Poultry Type, 2024-2032 (USD Million)
    102. Rest of the World (RoW): Poultry Feed Market, by Form, 2024-2032 (USD Million)
    103. Forecast Research Methodology
    104. Poultry Feed Market
    105. Global Poultry Feed Market, by Region, 2024-2032,
    106. Feed Market Size, by Poultry Type, 2020
    107. Feed Market, by Poultry Type, 2024-2032 (%)
    108. Size, by Form, 2020

    Poultry Feed Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Poultry Feed Market Research Report - Global Forecast till 2032 Infographic
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