According to the research report “Middle East & Africa Animal Feed Market Outlook, 2027" published by Actual Market Research, the MEA animal feed market has estimated to register a CAGR of 5.01% during the forecast period. South African feed market has created opportunity for feed manufacturers to grow in the market. The per capita meat consumption is increasing in South Africa creating demand for animal products and processed meat feed products.
This has created opportunity to enhance animal productivity which in turn has led to growth in livestock production. Aquaculture feed is becoming more popular in Middle East countries where the government is even increasing focus to strengthen the trade ties regarding sales of meat, between the Middle East countries and other regions. Increasing consumption of sea food and rising per capita income with increase in sea food trade between the countries and region are proving as major factor driving the growth of the market.
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The market is highly competitive, with a considerable number of regional and global players. At the same time, this report includes company profiling for the companies like- Cargill Inc., Guangdong Haid Group, Chareon Pokphand Foods, For Farmers, New Hope Liuhe Co Ltd, Archer Daniels Midland Co, Feed One Co, Ltd, Alltech Inc, Nutreco N.V, Kent Nutrition Group.
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The covid-19 pandemic has expelled many opportunities in Animal Feed market. The manufacturers have faced a drastic fall down in transportation of raw materials on time, lack of supply chain systems have impacted the growth of animal feed market. Governments across every globe have ordered for closure of their international transport systems, which has resulted to cause further disruptions in animal feed market. Poultry feed is badly affected sector due to shutting down of multiple feed poultries and plants. This has led to decline the consumption of poultry meat in South Africa.
Aspects covered in this report
Conducts Overall the Middle East & Africa Animal Feed Market Segmentation:
Considered in this report
Cargill Inc., Guangdong Haid Group, Chareon Pokphand Foods, For Farmers, New Hope Liuhe Co Ltd, Archer Daniels Midland Co, Feed One Co, Ltd, Alltech Inc, Nutreco N.V, Kent Nutrition Group.
Regions covered in the report
Types of feed ingredients in the report:
Types of feed by livestock in the report:
Types of feed by form in the report:
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Regions covered in the Middle East & Africa Animal Feed Market report 2027:
Table of Contents
3.1. Market Considerate
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