“Global Poultry Feed market set to grow to $322bn by 2024” says new Visiongain report

16 January 2019
Food and Drink

Visiongain has launched a new food report Global Poultry Feed Market Forecast 2019-2029: Broiler, Turkeys, Layers, Amino Acids, Vitamins, Feed Enzymes, Antibiotics, Antioxidants, Feed Acidifiers.

Poultry feed is diet or feed ingredients selected by considering the nutrients essential for chickens, ducks, geese and other domestic birds. The necessity of poultry feed is rising due to the absence of anti-nutritional or toxic factors, their palatability or effect on voluntary feed intake.

Poultry feed has become very important considering the increasing population worldwide. Poultry have the advantage of being very efficient (amount of feed need vs. food produced) and a relatively short time period for return on investment in animals, equipment and feed.

The lead analyst of the report commented "Commercial poultry farming is very profitable. Commercial poultry farming business is one of the traditional business ventures. The interest in poultry and poultry products have grown tremendously in the last 20 years. Almost every country in the world has a poultry industry of some kind. Japan is steadily increasing their domestic production of both broilers and egg producing birds. China, the Middle East, and Africa are all areas where increasing demand for poultry has resulted in significant increases in the number of chickens being reared for meat and eggs."

Leading companies featured in the report include Alltech Inc., Archer Daniels Midland Company, BASF Corporation, Cargill Inc., Charoen Pokphand Foods, CHR. Hansen Holdings A/S, Evonik Industries AG, Novus International Inc., Nutreco NV, Royal DSM N.V., Suguna Foods

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain

Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports cusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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