GCC Compound Feed Market Research: Latest Trend, Industry Share, Size, Value and Forecast 2030

GCC Compound Feed Market Research: Latest Trend, Industry Share, Size, Value and Forecast 2030

In-Depth Analysis of the GCC Compound Feed Market: 2024-2030 Forecasts

MarkNtel Advisors has recently released an in-depth study on the GCC Compound Feed Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.

How big is the Keyword Industry?

The GCC Compound Feed Market is projected to grow at around 7.18% CAGR during the forecast period, i.e., 2024-30.

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Who are the top players 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

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

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)

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)

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Regional/ Countries Insight:

  • The UAE
  • Saudi Arabia
  • Qatar
  • Kuwait
  • Bahrain
  • Oman

What are the primary market drivers influencing the growth of GCC Compound Feed Market?

GCC Compound Feed Market Driver:

Escalating Demand for High-quality Meat & Meat Products to Boost Market Growth – The surging middle-class population and changing dietary preferences have streamed the demand for meat products across the region. The burgeoning tourism in countries such as Saudi Arabia, the UAE, Qatar, etc., has further amplified the need for a diverse and high-quality food supply, including meat products. For Instance:

  • In 2021, the per capita meat consumption in Saudi Arabia was about 3.91kg, which increased to around 4.0 in 2022.

Further, as the livestock sector expands to meet the growing appetite for meat products, there is a heightened requirement for nutritionally balanced & efficient feed solutions. Compound feed products provide various nutritional benefits & support the optimal growth, health, and productivity of livestock, creating immense demand in the region and augmenting the GCC Compound Feed Market growth.

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Gain a Competitive Edge with Market Research Report

  1. The GCC Compound Feed Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
  2. Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
  3. The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
  4. Apart from market trends and projections, the GCC Compound Feed Market Report assists in assessing and mitigating risks associated with entering or operating in the market
  5. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.

About Us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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