MARKET REPORT 74 FEED & ADDITIVE MAGAZINE July 2023 The Middle East and Africa are far behind in compound feed production compared to other regions in the world, but they also attract attention as the regions most open to development. According to the Agri-Food Outlook 2023 report by Alltech, 74.6 million tons (5.9%) of world compound feed production, which was 1.266 billion tons in 2022, was realized by Middle East and Africa countries. When we compare the years 2021 and 2022 in the Middle East, there has been a huge increase in total compound feed production by 24.7%, which surpasses other Middle East and Africa Animal Feed Market It is seen that the Middle East and Africa have the lowest share in the world compound feed production with a production of approximately 75 million tons and a share of 5.9%. According to Alltech's data, the feed production of the Middle East, which was 25.5 million tons in 2021, increased to 31.8 million tons in 2022. But there is a decline in feed production in Africa. According to the report, African compound feed production, which was 44.5 million tons in 2021, decreased to 42.8 million tons in 2022. Growth expectations in the market vary between 3% and 6%. According to a report, the total value of the animal feed market of the two regions will reach $2,130 million by 2028. By Derya Yildiz
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