DUBLIN, Feb. 26, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/sjh453/global_poultry) has announced the addition of the "Global Poultry Feed Market - Trends And Forecasts (2015-2020)" report to their offering.
The global poultry feed market is expected to grow from $182.5 Billion in 2013, to $220 Billion market by 2020, growing at a CAGR of 2.7% during the forecast period. Poultry is the largest meat production segment in the global meat industry. Poultry meat is universally consumed and, unlike beef and pork, has limited impact from religious preferences. Globally poultry meat production is expected to increase from 98.7 million tons in 2015 to 127.6 million tons by 2020.
The growth of poultry feed market is directly related to the poultry meat demand and consumption which has become a preferable choice for animal protein around the globe. The end consumers of poultry feed are compound feed manufacturers, integrators, farmers, home-mixers, and poultry meat industry.
Increase in poultry consumption is linked to factors like population growth, improvements in incomes, chicken prices relative to those for competitive meats and dietary preferences. Growth of poultry feed market thus is attributed to the high popularity of poultry meat across regions, increasing awareness for healthy meat and cost efficiency of production etc.
The main obstacle in the growth of poultry feed market are the rising cost of important raw materials and price volatility of agricultural commodities used for manufacturing of poultry feed. Growing preference for poultry meat in Asian and South American countries like India, China, and Brazil etc. would help the market to grow substantially.
Key Topics Covered:
1. Introduction
2. Key Findings of the Study
3. Market Analysis
4. Share of Poultry feed in Global Compound Feed Market
5. Geographical Segmentation (Market Sizes - Volume/Value, CAGR)
6. The future of the industry-Expert View
7. Key players profile
For more information visit http://www.researchandmarkets.com/research/sjh453/global_poultry
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