USD 118.18 billion
Global Layers Feed Market Size, Share, Growth Analysis, By Type(Starter Feed, Grower Feed), By Form(Mash Feed, Pellet Feed), By Ingredient(Soybean, Wheat) - Industry Forecast 2024-2031
Report ID:
SQMIG30C2137 |
Region:
Global |
Published Date: February, 2024
Pages:
221
|
Tables:
94 |
Figures:
76
Global Layers Feed Market Insights
Layers Feed Market size was valued at USD 118.18 billion in 2019 and is poised to grow from USD 125.63 billion in 2023 to USD 217.7 billion by 2031, growing at a CAGR of 6.3% in the forecast period (2024-2031).
Feeding laying hens layers feed helps them produce more eggs at a healthy weight and helps keep them free of disease while they are laying. The rising demand for layer feed can be attributed to the fact that it provides the laying hen with all of the necessary ingredients and nutrients. Egg demand is rising in every region of the world thanks to rising per capita income, rising awareness of the health advantages of eating eggs, and the abundance of these foods. Layers feed demand is expected to increase globally due to the rising demand for healthier eggs during the forecast period.
US Layers Feed Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Mash Feed
Fastest Growth
Mash Feed
Growth Rate
6.3% CAGR
Global Layers Feed Market 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Layers Feed Market Size by Form, 2022-2028 ($ Bn)
Global Layers Feed Market Size by Form, 2022-2028 (%)
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Global Layers Feed Market Segmental Analysis
The global layers feed market is segmented based on type, form, ingredient, and region. Based on type, the Layers Feed Market is segmented into starter feed, grower feed, and layer feed. Based on form, the market is segmented into mash feed, pellet feed, and crumbles feed. Based on ingredients, the Layers Feed Market is segmented into soybean, wheat, corn, vitamins & minerals premix, bone meal, groundnut meal, and other additives. Based on region, the global Layers Feed market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Layers Feed Market Analysis by Type
The layer feed subsegment of the global layers’ feeds market has accounted for the largest market share in 2021, and it is projected to expand at a 2.48% CAGR over the forecast period. There are three main types of feed available for chickens and other poultry: starter feed, grower feed, and layer feed. After the 20th week, when the hen begins laying eggs, it is given layer feed because hens continue to lay eggs for more than 12 months. Due to the rising demand for eggs, farmers are turning to starter and grower feed to maximize the productivity of their free-range hens in a shorter amount of time than would not be possible without the use of layer feed. These elements will propel the layers feed market forward throughout the forecasted time frame.
Layers Feed Market Analysis by Form
In 2021, the mash feed segment dominated the worldwide layers feed market, and this trend is projected to continue during the forecast period. Mesh feed is more affordable than crumbled feed and pellet feeds, making it a more financially viable option for farmers. These are simple to create or implement on smaller or medium-sized farms, and they provide the same nutritional value as conventional alternatives. Crumbled feed is a better option for farmers to utilize in starter feed and grower feed for chickens below 20 weeks, but it is more expensive than mash feed due to the additional processing required to create it. This results in less nutritional loss and waste when feeding birds. The pellet feed market is expected to grow at the quickest rate over the forecast period despite being the most processed and the most expensive form of feed for layer hens. This is because pellets feeds are more palatable due to the different chemicals added and ingested without any feed being wasted.
Global Layers Feed Market By Form, 2021 (%), 2023 (%)
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Global Layers Feed Market Regional Insights
The Asia Pacific accounted for more than 47% of the global layer feed market in the year 2021, with Europe ranking as the second largest producer of layer feed worldwide in that year. Major drivers for the dominance in the global market include the large populations and rising demand for eggs in developing nations like China, India, and Japan. Spain and Germany are the leading layer feed producers in Europe, and the European market as a whole is expanding at a rapid pace. During the analysis period, Australia's feed production increased by 4% in response to the rising demand for protein-rich foods in the country and the area. During the predicted period, all of these elements will drive the worldwide layer feed market forward.
Global Layers Feed Market By Geography, 2022 - 2028, 2024-2031
- Largest
- Fastest
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Global Layers Feed Market Dynamics
Layers Feed Market Driver
- Enhanced goods and a plethora of possibilities for various flocks of hens have helped businesses flourish in emerging economies, which have benefited from both globalization and rising consumer incomes. The layer feed market is anticipated to be driven during the forecast period by the requirement for disease prevention and attaining better egg production, which is increasing the demand for nutritional feed, and the acceptance of layer farming as a source of revenue by farmers.
Layers Feed Market Restraint
- The layer industry in several countries has been experiencing difficulties as a result of the increasing costs of raw ingredients as well as the unchanging or declining retail prices for eggs. These factors will restrain the demand and slow down the layers feed market during the analysis period.
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Global Layers Feed Market Competitive Landscape
The layers feed market is relatively fragmented, with a high level of competition. Few large players, like Alltech, Cargill Inc., and Tyson Foods, Inc., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.
Layers Feed Market Top Player’s Company Profiles
- Alltech, Inc.
- Archer Daniels Midland Company
- Avitech Nutrition Pvt. Ltd.
- BASF SE
- Cargill, Incorporated
- Charoen Pokphand Foods Public Company Limited
- Chr. Hansen Holding A/S
- Devenish Nutrition Limited
- DSM Nutritional Products AG
- Evonik Industries AG
- ForFarmers N.V.
- Guangdong Haid Group Co., Ltd.
- Kent Feeds, Inc.
- Kemin Industries, Inc.
- Novus International, Inc.
- Nutreco N.V.
- Purina Animal Nutrition LLC
- Ridley Corporation Limited
- The Mosaic Company
- Wen's Food Group Co., Ltd.
Layers Feed Market Recent Developments
- In July 2022, Agricultural retailers and producers will now be able to use AgVend's digital enablement solution to gain access to Winfield United's patented digital tools, services, and marketing campaigns. The partnership will provide locally owned ag shops with a game-changing digital experience, empowering them to increase their market share by giving them the tools they need to adapt quickly to changing customer preferences.
- In June 2022, PERDUE® CHICKEN PLUS® Chicken Tots™ was announced as the most favorite and most likable product in the supermarket by the Peoples best food award 2022. This took first place in the most liked chicken product.
- In May 2022, Perdue AgriBusiness and Bayer announced their new commercial collaboration arrangement to bring Visitive® Gold Extend soybeans to market. Through this commercial partnership, Bayer will fulfill the necessary regulatory steps to bring Vistive® Gold Xtend soybeans to market, and Perdue will provide farmers with high oleic oil premiums in the contract for their Vistive® Gold Xtend grain in the Mid-Atlantic region.
Global Layers Feed Key Market Trends
- Organic feed is more expensive than conventional but is in recent trends as organic feed consumed hens lay larger and tastier eggs. Antibiotics, hormones, herbicides, synthetic fertilizers, GMOs, and pesticides are banned in organic layers feed.
- Organic feed manufacturers have to grow grain and seeds on pesticide-free, certified organic lands. Organic farming is a labor-intensive process, thus it's hard to find enough land and farmers which is limiting the production and thus increasing the product value. Minerals, amino acid methionine, salts, and vitamins must all be organic which are to be added to the organic layers feed. These feeds have several benefits including both chicken and human health. This trend is pushing the demand for organic eggs and is propelling the demand for organic layer feed market demand during the analysis period.
Global Layers Feed Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, Layers feed demand is expected to increase globally due to the rising demand for healthier eggs during the forecast period. North America, Europe, Asia-Pacific, South America, and MEA have the largest market share of the global layer feed market. The market is segmented into mash feed, pellet feed, and crumbles feed. In 2021, the mash feed segment dominated the worldwide layers feed market. Mesh feed is more affordable than crumbled feed and pellet feeds. Crumbled feed is a better option for farmers to utilize in starter feed and grower feed for chickens below 20 weeks. The Asia Pacific accounted for more than 47% of the global layer feed market in the year 2021.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 118.18 billion |
| Market size value in 2031 | USD 217.7 billion |
| Growth Rate | 6.3% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Layers Feed Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Layers Feed Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Layers Feed Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Layers Feed Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Layers Feed Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Layers Feed Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Layers Feed Market Report Snapshots
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