Compound Feed Market to Hit $668.3 billion by 2028
The compound feed market is estimated at USD 541.2 billion in 2023 and is projected to reach USD 668.3 billion by 2028, at a CAGR of 4.3% from 2023 to 2028. The world’s population is steadily increasing, which leads to higher demand for food, including meat, dairy, and poultry products. Compound feed is an efficient way to provide essential nutrients to livestock and improve their growth and...
Compound Feed Market | US$ 668.3 Billion by 2031 | CAGR 4.3%
The global market for compound feed was valued at USD 541.2 billion in 2023 and is projected to reach USD 668.3 billion by 2028, at a CAGR of 4.3% during the forecast period.
Compound feed is a complete or balanced feed prepared by scientifically mixing various ingredients to meet the specific nutritional requirements of different animals at various stages of their life cycle. These ingredients...
The Rise of Compound Feed: How it Fuels Our Growing Appetite for Meat
By 2028, the compound feed market is expected to develop at a compound annual growth rate (CAGR) of 4.3% to reach $668.3 billion globally. In 2023, the market size was estimated to be $541.2 billion globally. The world’s love affair with meat shows no signs of slowing down. As populations boom, so does the demand for tasty protein sources like chicken, pork, and beef. But how do we raise all...
The Expanding Compound Feed Market: Meeting the Global Demand for Nutrient-Rich Livestock Diets
The compound feed market is on an upward trajectory, with an estimated value of USD 541.2 billion in 2023, projected to reach USD 668.3 billion by 2028, boasting a compound annual growth rate (CAGR) of 4.3% during this period. The primary driving force behind this market’s growth is the steady increase in the world’s population, which correlates with higher demand for essential...
Feeding the Future: The Growing Compound Feed Market and Its Impact on Global Food Production
In 2023, the compound feed market is set to hit a staggering value of USD 541.2 billion, and projections suggest it will surge to USD 668.3 billion by 2028, maintaining a steady Compound Annual Growth Rate (CAGR) of 4.3% over this period. This remarkable growth can be attributed to a variety of factors, most notably the world’s ever-increasing population, which fuels the demand for...
Compound Feed Market is Expected to Reach $668.3 billion by 2028
The compound feed market is estimated at USD 541.2 billion in 2023 and is projected to reach USD 668.3 billion by 2028, at a CAGR of 4.3% from 2023 to 2028. The world’s population is steadily increasing, which leads to higher demand for food, including meat, dairy, and poultry products. Compound feed is an efficient way to provide essential nutrients to livestock and improve their growth and...