MARKET REPORT 66 FEED & ADDITIVE MAGAZINE January 2025 Global Animal Feed Market Factors shaping the future of animal food production — such as increasing world population and animal protein demand, advances in production and feeding technologies, sustainability and environmental concerns, increasing awareness of animal health and welfare, legislative regulations, economic prosperity and increase in disposable income — also serve as the main driving factors for the growth of the global animal feed market. Although global feed tonnage has not increased much in recent years, there is an expectation of significant growth in market value. Even the lowest estimates indicate that the current value of the global animal feed market is well over USD 400 billion and will grow by over 4% in the upcoming years. By Derya Yildiz Compound feed, which plays a vital role in modern livestock farming, is a premixed mixture of various ingredients specially formulated to provide a balanced diet for farm animals. These ingredients typically include cereals, protein sources, additives such as vitamins, minerals, enzymes and probiotics. Formulated to meet the specific nutritional requirements of different animal species and life stages, compound feeds provide the right nutrients in the right proportions, ensuring complete and balanced nutrition for animals, improving growth, reproduction and general health, increasing feed efficiency and improving animal performance. Compound feeds, which also provide convenience to farmers, save time and labour by eliminating the need to mix the ingredients individually by hand. Although the initial cost of compound feed is higher than individual ingredients, reduced feed waste and optimised nutrient utilisation lead to lower feed costs. Some compound feeds contain sustainable ingredients and practices, reducing the environmental impact of livestock farming.
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