Compound Feed is a mixture of raw materials and supplements, which are taken from plants, animals, and by-products from various industries, to feed the livestock.
Demand for quality meat, and increasing processed meat products are creating a scope for growth of Asia Pacific Compound Feed market.
Cereals are the most widely used ingredients in compound feed. High energy and protein content, need of a supplement to fresh feeds and ease of use is increasing their demand.
The market is classified based on livestock such as Ruminant, Swine, Poultry, Aquaculture, and Others. Ruminant is the major consumers of compound Feed followed by poultry.
Increasing demand for meat and meat products in growing economies like China, India, and Brazil are favoring the growth of consumption of Compound Feed in this segment.
The market is also segmented based on ingredients such as Cereals, Fishmeal and Fish oil, Oilseeds, Molasses, Additives, and Others.
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