A fodder manufactured for specific animals by blending additives and raw materials is called as compound feed. The compound feed is available in form of crumbles, pellets, or as meal type.

A major factor driving growth of the global compound feed market is increasing demand for dairy, meat, and aquaculture products across the globe. In addition, increasing awareness and benefits of organic food is further boosting demand organic food which is another factor driving growth of the target market.

The global compound feed market is segmented on the basis of ingredients, livestock, source, and region. On the basis of ingredients, the global market is segmented into cereals, fishmeal and fish oil, oil seeds, supplements, and others. The cereal segment accounts for highest market share; whereas the supplement segment is expected to witness highest growth over the forecast period.

On the basis of livestock, the global market is segmented into ruminant, poultry, swine, aquaculture, and others. The poultry segment is expected to account for highest share by 2020 and is expected to witness highest growth over the forecast period. On the basis of source, the global market is segmented into plant-based and animal-based. The animal-based segment is expected to witness highest growth over the forecast period.

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On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to witness highest growth over the forecast period. This growth in Asia Pacific compound feed market can be attributed to increasing livestock production in countries in this region coupled with increasing demand for meat, aquacultures and dairy product. The Europe compound feed market is expected to witness significant growth over the forecast period.

Key players in the global market are Cargill Inc., Archer Daniels Midland Company, New Hope Group, Charoen Pokphand Food, Land O’Lakes, Nutreco N.V, Guangdong Haid Group, ForFarmers N.V, Feed One Co., J.D. Heiskell & Co.