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BRIC Countries Compound Feed Market - Trends and Forecasts (2017 - 2022)

Global compound feed production was around 950 million tons in 2013, and the market was worth around USD 480 billion. The global market for compound feed is estimated to grow at a CAGR of 1.5% between 2014 and 2020. The Asia-Pacific and South American markets are estimated to be the fastest growing regions, with estimated CAGRs of 1.7% and 1.8% respectively. Raw materials (cereals) and supplements (vitamins, minerals, amino acids, antibiotics and colorants) are blended together in different proportions to yield the compound feed for various animal species. Among feed ingredients, cereal forms a major part of compound feed, occupying a 37% share. The compound feed additives market is expected to grow at a CAGR of 4.1% in value terms during the forecast period, to reach USD 44,342 million by 2020. Antioxidants are theat an estimated CAGR of 4.6%. Key Deliverables in the Study Market analysis for the BRICs compound food market, with region specific assessments and competition analysis on a global and regional scale. Market definition along with the identification of key drivers and restraints. Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and key companies that can influence this market on a global and regional scale. An extensively researched competitive landscape section with profiles of major companies, along with their market share. Identification and analysis of the macro and micro factors that affect the BRICs compound food market on a global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market. Insights on the major countries/regions where this industry is blooming, and identification of regions that are still untapped

Published By: Mordor Intelligence
Published Date: Q2 2016

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