USD 118.18 billion
Report ID: SQSG30C2025 | Region: Global | Published Date: September, 2022 | Pages: 221 | Tables: 94 | Figures: 76
Layers Feed Market size was valued at USD 118.18 billion in 2021 and is poised to grow from USD 125.63 billion in 2022 to USD 217.7 billion by 2030, growing at a CAGR of 6.3% in the forecast period (2023-2030).
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.
Global Market Size
USD 118.18 billion
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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.
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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.
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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
Layers Feed Market Recent Developments
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.
|Market size value in 2021||USD 118.18 billion|
|Market size value in 2030||USD 125.63 billion|
|Forecast Unit (Value)||USD Billion|
|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)|
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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.
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