GCC Compound Feed Market - By Animal Type (Ruminants, Poultry, Aquaculture, Equine), By Form (Mash, Pellets, Crumbles), By Distribution Channel (Direct Sales, Dealers & Distributor......s), By Country (The UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman), Others Read more
- Food & Beverages
- Feb 2024
- 145
- PDF, Excel, PPT
Market Definition
Compound feed refers to a nutritionally balanced mixture of various ingredients, including cereals, grains, protein sources, vitamins, and minerals, formulated to meet the specific dietary requirements of livestock & poultry. The compound feed is available in various forms, such as pellets, mash, and crumbles.
Market Insights & Analysis: GCC Compound Feed Market (2024-30):
The GCC Compound Feed Market is estimated to grow at a CAGR of around 7.18% during the forecast period, i.e., 2024-30. The market growth imputes the surging attention towards animal health and welfare in the Gulf Cooperation Council (GCC) countries. The growing awareness of the ethical treatment of animals and recognition of the interconnectedness between animal health and human well-being has surged the animal health awareness among individuals.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 7.18% |
| Country Covered | The UAE, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain |
| Key Companies Profiled |
Feed Additive Providers: Cargill Middle East DMCC, ADM Europe, Middle East & Africa, Evonik Middle East and Africa (MEA), BASF Middle East LLC, Adisseo Animal Nutrition DMCC, etc. Compound Feed Providers: ARASCO Feed (WAFI), Trouw Nutrition Middle East and Africa Export, IFFCO Animal Nutrition, Kuwait Animal Feed Factory (KAFF), Oman Flour Mills S.A.O.G., and Omani National Livestock Development Co (S.A.O.C), others |
| Unit Denominations | USD Million/Billion |
Moreover, the rising demand for high-quality animal-derived products such as wool, eggs, meat, milk, etc., has further led farmers to focus on animal wellbeing. As a result, livestock breeders & farmers are looking forward to sustainable & highly nutritious feed options designed particularly for the specific livestock type. Compound feed, with its balanced and scientifically formulated mix of ingredients, is gaining prominence as a key solution to ensure optimal nutrition for livestock and poultry, proliferating growth as well as enhancing the GCC Compound Feed Market size.
Additionally, the Gulf Cooperation Council (GCC) countries are increasingly directing their efforts towards sustainable farming practices, aiming to bolster their agricultural economy. Moreover, recognizing the importance of food security & environmental conservation, these nations are embracing innovative agricultural technologies & precision farming methods, along with livestock farming. For Instance:
- In 2023, the UAE announced its National Food Security Strategy 2051 to improve its domestic production of food and livestock.
Furthermore, compound feed plays a pivotal role in this endeavor, offering a controlled and balanced nutritional solution for livestock, thereby optimizing production efficiency. The GCC's commitment to reducing reliance on imported food and promoting self-sufficiency aligns with the usage of compound feed to enhance the overall productivity of their livestock sector, therefore contributing to elevating the GCC Compound Feed Market share in the upcoming years.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- GCC Livestock Industry, Outlook, 2019-2022
- GCC Compound Feed Market Trends & Development
- GCC Compound Feed Market Dynamics
- Drivers
- Challenges
- GCC Compound Feed Market Supply Chain Analysis, By Key Stakeholders
- Feed Millers
- Pre-Mixers
- Integrators
- Farmers
- Others
- GCC Compound Feed Market Hotspots & Opportunities
- GCC Compound Feed Market Regulations & Policy Standards
- GCC Compound Feed Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Animal Type
- Ruminants- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Poultry- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Aquaculture- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Equine- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Form
- Mash- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Pellets- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Crumbles- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Distribution Channel
- Direct Sales- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Dealers & Distributors- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Bahrain
- Oman
- By Competitors
- Market Share & Analysis
- Competition Characteristics
- By Animal Type
- Market Size & Analysis
- The UAE Compound Feed Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Animal Type- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Form- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Distribution Channel- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Market Size & Analysis
- Saudi Arabia Compound Feed Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Animal Type- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Form- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Distribution Channel- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Market Size & Analysis
- Qatar Compound Feed Market Outlook, 2019-2030FF
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Animal Type- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Form- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Distribution Channel- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Market Size & Analysis
- Kuwait Compound Feed Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Animal Type- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Form- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Distribution Channel- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Market Size & Analysis
- Bahrain Compound Feed Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Animal Type- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Form- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Distribution Channel- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Market Size & Analysis
- Oman Compound Feed Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Animal Type- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Form- Market Size & Forecast 2019-2030F, (Thousand Tons)
- By Distribution Channel- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Market Size & Analysis
- GCC Compound Feed Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Company Profile
- Feed Additives Providers
- Cargill Middle East DMCC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- ADM Europe, Middle East & Africa
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Evonik Middle East and Africa (MEA)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- BASF Middle East LLC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Adisseo Animal Nutrition DMCC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Cargill Middle East DMCC
- Compound Feed Providers
- ARASCO Feed (WAFI)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Trouw Nutrition Middle East and Africa Export
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- IFFCO Animal Nutrition
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Kuwait Animal Feed Factory (KAFF)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Oman Flour Mills S.A.O.G.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Omani National Livestock Development Co (S.A.O.C)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- ARASCO Feed (WAFI)
- Others
- Feed Additives Providers
- Company Profile
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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