Transformative Trends in GCC Compound Feed Drive Market Growth, Projected CAGR of 7.18% by 2030

November 7, 2024 akio01

A Quick Overview of GCC Compound Feed Market

The key object of this report on the GCC Compound Feed Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

According to the latest report, the GCC Compound Feed Market is estimated to grow at a CAGR of around 7.18% from 2024 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

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Market Dynamics:

Industry 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.

GCC Compound Feed Market Report Segmentation:

The report by MarkNtel Advisors on GCC Compound Feed Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:

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)

Pellets captured a prominent share in the GCC Compound Feed Market owing to the convenience offered in storage, transportation, and handling, aligning with the region’s focus on efficient & modern farming practices. Pellets offer precise control over feed composition, ensuring optimal nutrition for various livestock categories. The increasing focus on animal health and performance is further propelling the adoption of pellets, as they facilitate enhanced digestibility & nutrient absorption.

By Distribution Channel

Direct Sales- Market Size & Forecast 2019-2030F, (Thousand Tons)
Dealers & Distributors- Market Size & Forecast 2019-2030F, (Thousand Tons)

By Country

The UAE
Saudi Arabia
Qatar
Kuwait
Bahrain
Oman

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Some of the Top GCC Compound Feed Companies in the Market

In the fast-changing GCC Compound Feed Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:

Feed Additives 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

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