How big is the GCC Compound Feed market?
According to MarkNtel Advisors study, GCC Compound Feed Market size is projected to grow at a CAGR of around 7.18% during the forecast period, i.e., 2024-30.
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GCC Compound Feed Market Trend:
Surging Inclination Towards Sustainable Feed Solutions for Livestock Production – There is a widespread shift towards sustainable feed solutions in the GCC countries driven by increased environmental consciousness and a growing emphasis on responsible agriculture. Innovations in sustainable feed formulations, including plant-based ingredients and by-products from food processing, are being embraced as viable alternatives to traditional compound feeds.
Moreover, companies such as Cargill, ARASCO, etc., are further focusing on the development of sustainable feed solutions for livestock, thus boosting market growth. Besides, as the agricultural sector shifts towards more environmentally conscious practices, the demand for innovative & sustainable feeds is on the rise, serving as a major trend in the GCC Compound Feed Market.
Leading Companies in the GCC Compound Feed market:
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.
- Omani National Livestock Development Co (S.A.O.C)
- others
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GCC Compound Feed Market Segmentation:
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)
The Poultry segment accounts for the potential share of the GCC Compound Feed Market and is poised to flourish during the anticipated period as well.
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)
Regional/ Countries Insight:
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Bahrain
- Oman
The UAE is expected to witness considerable growth in the GCC Compound Feed Market driven by the country’s commitment to modernizing its agricultural sector, coupled with substantial investments in advanced technologies & infrastructure.
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