Poultry Feed Market Outlook
September 2023- To complement its operations, Americana, the biggest operator of quick-service restaurants in the Mena region, intends to establish a new chicken feed mill in Ethiopia. As of June 30, Americana has 84 outlets under construction. By the close of the year, the company plans to add 250–260 new restaurants, with a concentration on Saudi Arabia. In the first half of 2023, the company added 108 additional locations, increasing its total number of eateries to 2,277 by the end of June.
August 2023- IB Group, a diversified agribusiness company, has opened its new hatchery and chicken feed facility in Jagadishpur, Uttar Pradesh's Amethi district. With a 12-acre footprint, the new feed and hatchery complex can produce 3 lakh broiler chicks and 600 tonnes of chicken feed daily. Farmers in this area who cultivate soy and maize will also profit from the new plant. The Group aims to double its business by 2027 as part of its aggressive growth goals.
June 2023- Taking a major step towards financial independence, of late the women of Maa Danteshwari Women's Self-Help Group of associated with Mahatma Gandhi Rural Industrial Estate in Mingachal village have set up a poultry feed manufacturing unit. With an investment amounting to about Rs 5 lakh, the women were excited to begin their entrepreneurial journey. This RIPA program has played a central role in poverty reduction and women's self-reliance. The Women Self Help Group's idea of ​​setting up a poultry feed manufacturing unit can be a commendable business decision.
Some of the Poultry Feed Companies listed below :
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)
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