Global Poultry Feed Supplement Market Size By Type (Granule, Liquid), By Application (Chicken, Pigeon), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 35889 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Poultry Feed Supplement Market was valued at approximately USD 3.8 billion in 2023 and is expected to reach over USD 6.4 billion by 2031, growing at a CAGR of 6.5% during the forecast period. This market is witnessing strong growth driven by rising demand for high-quality poultry products, heightened awareness of poultry nutrition, and increased consumption of protein-rich foods. Feed supplements are crucial for enhancing poultry health, growth rates, and product quality, enabling farmers to meet the demands of expanding urban populations and shifting dietary preferences.

Drivers:

Rising Demand for Poultry Products: The global appetite for poultry, including meat and eggs, is on the rise, driven by a shift toward protein-rich diets. This demand is fueling the need for specialized feed supplements that ensure optimal poultry health and productivity.

Increasing Focus on Poultry Nutrition: Awareness regarding the nutritional needs of poultry has led to the adoption of supplements that support immune function, growth, and reproduction, benefiting farmers through improved product yield.

Advancements in Feed Supplement Formulations: Enhanced research in animal nutrition has resulted in supplements enriched with amino acids, probiotics, and enzymes, offering significant benefits to the poultry industry.

Restraints:

High Cost of Premium Supplements: Quality feed supplements can be costly, which may limit accessibility, especially for small-scale poultry farmers in emerging markets.

Fluctuations in Raw Material Prices: The poultry feed supplement market relies on raw materials that are prone to price volatility, impacting production costs and overall market growth.

Opportunity:

Expanding Poultry Farming in Emerging Markets: Developing regions in Asia-Pacific, Latin America, and Africa are seeing increased poultry farming activities. These regions present lucrative opportunities for feed supplement manufacturers to expand their market presence.

Innovations in Supplement Formulation: The development of custom feed supplements targeting specific growth stages or nutritional needs in poultry provides manufacturers with an opportunity to differentiate their products.

Market by Supplement Type Insights:

Based on supplement types, Amino Acids emerged as the largest segment in 2023, driven by their essential role in supporting protein synthesis and growth in poultry. Probiotics and Enzymes are also witnessing strong growth, as they improve digestive health and nutrient absorption, contributing to overall poultry welfare and productivity.

Market by End-use Insights:

In terms of end-use, Broilers account for the largest market share, driven by the high demand for broiler meat worldwide. The Layers segment is also significant, with supplements tailored to enhance egg production and quality, contributing to this segment’s growth trajectory.

Market by Regional Insights:

The market is regionally dominated by Asia-Pacific, where poultry farming is expanding rapidly due to increasing demand for affordable protein sources. North America also holds a substantial share, supported by a well-established poultry industry and consumer demand for high-quality poultry products. The highest growth rate is expected in Latin America, driven by growing poultry consumption and investment in animal husbandry.

Competitive Scenario:

Key players in the Global Poultry Feed Supplement Market include Cargill Inc., ADM Animal Nutrition, Evonik Industries AG, BASF SE, Alltech, DSM Nutritional Products, Kemin Industries, and Nutreco N.V. Companies in this sector are focusing on product innovation, mergers and acquisitions, and geographical expansion to strengthen their market position and cater to the evolving needs of poultry farmers.

Scope of Work – Global Poultry Feed Supplement Market

Report Metric

Details

Market Size in 2023

USD 3.8 billion

Market Size in 2031

USD 6.4 billion

Growth Rate (CAGR)

6.5%

Market Segments

Supplement Type, End-Use, Region

Growth Drivers

Demand for poultry products, focus on nutrition

Opportunities

Emerging markets, innovation in supplements

Key Market Developments:

2023: Cargill Inc. introduced a new line of amino-acid-based feed supplements designed specifically for broilers, enhancing growth efficiency and product quality.

2024: Evonik Industries AG expanded its production facility in North America to meet the growing demand for customized poultry supplements.

2025: DSM Nutritional Products entered a strategic partnership with a major poultry farm chain in Latin America, introducing enzyme-enriched supplements to optimize poultry health and productivity.

FAQs

What is the current market size of the Global Poultry Feed Supplement Market?

The market was valued at USD 3.8 billion in 2023.

What is the major growth driver of the Global Poultry Feed Supplement Market?

The primary growth drivers are the rising global demand for poultry products and the increasing focus on poultry nutrition.

Which is the largest region during the forecast period in the Global Poultry Feed Supplement Market?

Asia-Pacific holds the largest market share due to expanding poultry farming and demand for affordable protein sources.

Which segment accounted for the largest market share in Global Poultry Feed Supplement Market?

The Amino Acids segment accounted for the largest market share, owing to its essential role in poultry growth and productivity.

Who are the key market players in the Global Poultry Feed Supplement Market?

Key players include Cargill Inc., ADM Animal Nutrition, Evonik Industries AG, BASF SE, Alltech, DSM Nutritional Products, Kemin Industries, and Nutreco N.V.

This comprehensive report offers insights into the dynamics of the Global Poultry Feed Supplement Market, highlighting current trends, growth factors, and competitive strategies essential for stakeholders. 

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