Compound Feed Market Analysis & Forecast: 2025-2032

Compound Feed Market is estimated to be valued at USD 538.31 Bn in 2025 and is expected to reach USD 804.09 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 5.9% from 2025 to 2032.

Global Compound Feed Market: Drivers

• Shift towards animal sourced food: Shifting consumer preferences towards animal sourced food is primarily fueling the growth of the Global Compound Feed Market. Moreover, the increasing consumption of meat, eggs, and milk due to growing awareness, regarding health benefits of animal sourced proteins is again contributing to the market growth. Additionally, growing disposable income especially in developing countries, such as India and Brazil, is also fostering the market growth.
• Increasing demand for sea food: Increasing consumption of seafood, such as fish, is projected to uplift the market growth over the forecast period. According to the Coherent Market Insights analysis, fish is sought out as a major source of protein worldwide, accounting for <10% of animal proteins in North America and Europe, and up to 26% of the animal protein source in Asia and Africa. Thus, processed products are being driven by high accessibility of fish protein internationally. The global market for meat and seafood is experiencing a surge due to the increasing global population. This has resulted in an increased demand for animal feed due to the longevity of the population and the limited land and water resources available for the production of animal feed, as well as the increased utilization of these resources for the production of food.

Global Compound Feed Market: Restraints

• Fluctuating cost of raw materials: The Global Compound Feed Market is experiencing a significant surge in demand due to the increasing cost of raw materials around the world and the implementation of stringent governmental regulations in developed nations. The type and quantity of feeding raw materials used in animal feed is largely contingent upon the nutritional value and cost. The alteration of weather conditions has a significant impact on the production, nutritional content, and cost of plant-derived raw materials such as maize, soybeans, and other crops. Additionally, the prices of animal by-product meals are subject to fluctuations due to any alteration in the production and consumption of animal products. Counterbalance: In order to control the price of feeding raw materials, preservation of feed material, and also maintaining the quality of the raw materials becomes necessary. Whatever portion of raw material is chosen for consumption should be made in such a way that losses are minimized and quality is ensured.

Global Compound Feed Market: Opportunity

• Rapid increase in the demand for animal products and processed meat: The growing demand for animal products and processed meat is creating an opportunity for feed manufacturers to increase the animal productivity. A rise in the demand for various animal products, such as dairy products, milk, meat products, eggs, fish, and other non-food items, has led to the growth in the use of feed additives, thus propelling the growth of compound feed in the animal feed market.
• Growth of the domestic poultry sector: The Indian feed industry is projected to expand at a prosperous growth rate, particularly due to the growing demand for animal-based proteins and dairy products in the country. Despite the expanding supply-demand gap in the corn trade, the market is expected to be viewed as a potential investment hub, especially, due to the surging demand from the domestic poultry sector.

Global Compound Feed Market: Trends

• Growing livestock industry: Animal nutrition plays a fundamental role in the livestock industry, contributing to the production of nutrient-efficient livestock. Additionally, it enhances the health and welfare of farm animals, as well as the dietary quality of products intended for human consumption. Furthermore, animal nutrition science has been instrumental in reducing greenhouse gas emissions, land use, and the units of product base associated with livestock production. As a result, the demand for compound feed is expected to increase, due to the increasing emphasis on animal health.  

Global Compound Feed Market: Key Developments

In January 2022, ADM Animal Nutrition inaugurated the Aquaculture Innovation Laboratory, a subsidiary of ADM Animal Nutrition Technology Center, at its Decatur, Illinois U.S. Facility. This laboratory expanded ADM's international research and development efforts into a new region, complementing its existing research facilities in Brazil, Mexico, and Vietnam. This new facility further expands ADM's global reach for the development of novel nutrition solutions.

In October 2021, The BASF-Cargill partnership in animal nutrition has been broadened by the addition of research and development capacities and emerging markets to the existing feed enzyme distribution agreements. The partners intend to collaborate to develop, manufacture, market, and distribute customer-oriented enzyme solutions and products. The aim is to entice farmers to adopt innovations that eliminate nutrient wastage, enhance feed performance, and foster animal health and development.

In May 2021, Alltech has recently launched a range of LifeeforceTM, premier equine supplements. Established on the basis of over four decades of scientific investigation and formulated, using field-tested techniques, these supplements are designed to meet the nutritional requirements of modern horses across their entire life cycle, from peak performance to leisure.

In February 2023, Archer Daniels Midland (ADM) announced that it would be acquiring a feed mill in Brazil. The mill is expected to be operational by 2023 and will produce feed for poultry and swine.

Global Compound Feed Market: Regional Analysis

The Global Compound Feed Market is dominated by the Asia Pacific region and is expected to maintain its dominant position in the foreseeable future due to the development of research and development capabilities, the increased awareness and preference of livestock owners, and an increase in the demand for meat products such as pig meat, poultry meat, beef, and mutton.

Figure no 1. Global Compound Feed Market Share (%), By Region, 2025

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Regionally, Asia Pacific dominated the Global Compound Feed Market About 48% in terms of revenue, in 2025, followed by Europe and North America, respectively.

Global Compound Feed Market: Segmentation

The Global Compound Feed Market is segmented on the basis of ingredient type, animal type, and region. Based on ingredient type, the market is divided into cereals, cakes and meals. Based on animal type, the market is divided into ruminants, poultry, swine, aquaculture, and other animal types. Based on  region, the market is divided into North America, Latin America, Europe, Asia
Pacific, and Middle East and Africa.

Figure no 2. Global Compound Feed Market Share (%), By Ingredient Type, 2025

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On the basis of ingredient type, in 2025, the cereals segment accounted for the largest market share of 48% in terms of value, followed by the cakes and meals segment.

Global Compound Feed Market: Impact of Coronavirus (COVID-19) Pandemic

The coronavirus pandemic has had a significant impact on the livestock industry, including the production of feed products. The sudden closure of manufacturing units and restrictions on transport services has had a detrimental effect on the production of feed. Additionally, the implementation of border control has had a negative effect on the flow of feed from one nation to another. Furthermore, the restrictions on eating out have resulted in a decrease in the consumption of meat products at restaurants and hotels. Furthermore, the closure of schools, universities, and offices has had a negative impact on the consumption of animal products, such as eggs, dairy, and meat, in many countries around the world. As a result, the closure of restaurants, hotels, and institutions (HRI) has had an adverse effect on meat consumption, which, in turn, has had a detrimental impact on feed production.

Global Compound Feed Market: Key Companies

The key companies operating in the Global Compound Feed Market are Charoen Pokphand Foods PCL, Cargill Inc., Land O’ Lakes Inc. (Purina Mills), Alltech Inc., Archer Daniels Midland Company, ForFarmers, United Animal Health (DeKalb Feeds), Kent Feeds, Weston Milling Animal Nutrition, and Nutreco NV.

*Definition: Compounded feeds are a vital part of the animal nutrition industry, producing more than 1 billion tons of feed annually. Livestock converts compound feed into animal protein and milk, supplying about one third of the world's protein. This number of Feed production varies widely based on different regional consumption patterns and time periods. Animal proteins are a vital source of nutrients for the growing global population. Agricultural Producers and industrial processors generate raw materials for compound feed.