It is prepared as mixture of raw materials, which are sourced from soybean, sorghum, wheat, barley, and corn, with additives like vitamins, minerals, and amino acids. Likewise, China meat import surged by 62% in 2019.įor the unversed, compound feed is essential for providing right nutrients to animals, hence is used for livestock. According to Food & Agriculture Organization, worldwide meat export raised 4% from 2018, reaching 36 MT in 2019. Moreover, competitive hierarchy of the marketplace is elaborated with information about the business profile, product portfolio, and profitable tactics for each company.Īn upsurge in demand for aquaculture products and meat, in consort with improved cognizance regarding the quality of food commodity are stimulating the industry outlook. Insights about the micro-markets based on regional landscape is given, alongside the catalysts at play in these regions, and their revenue contribution. Worldwide compound feed market, as per the report, is survey based on segmentations like mode of livestock and ingredient terrain.
Selbyville, Delaware, Ma(GLOBE NEWSWIRE) - Credible estimates cite the global compound feed market size was remunerated at USD 469.29 billion in 2019 and is projected to record a y-o-y growth rate of 4.4% over the analysis timeframe, thereby accumulating USD 662.29 billion by the year 2027. The business intelligence report on ‘Global Compound Feed Market’ pursues to reveal lucrative growth opportunities in this business sphere by thoroughly examining the latest trends and favoring parameters, while suggesting contingency plans for restraints and challenges existing in the industry.
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