August 2025
The global compound feed market size estimated at USD 583.08 billion in 2024 and is predicted to increase from USD 614.57 billion in 2025 to nearly reaching USD 986.58 billion by 2034, growing at a CAGR of 5.4% during the forecast period from 2025 to 2034. The growth of the market is driven by the increasing consumer awareness towards animal welfare and health via the food production chain, which may enhance animal welfare.
Study Coverage | Details |
Growth Rate from 2025 to 2034 | CAGR of 5.4% |
Market Size in 2025 | USD 614.57 Billion |
Market Size in 2026 | USD 986.58 Billion |
Market Size by 2034 | USD 986.58 Billion |
Largest Market | Asia Pacific |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The global compound feed market covers the production, distribution, and utilization of nutritionally balanced feed mixtures formulated from raw materials such as cereals, oilseed meals, vitamins, minerals, and additives. Compound feed is widely used in commercial livestock farming to ensure optimal animal health, growth, and productivity. It plays a vital role in poultry, swine, cattle, aquaculture, and pet nutrition. Market growth is driven by rising global demand for animal protein, industrialization of livestock farming, advancements in feed formulations, and increasing focus on animal health and performance.
The market is driven by various growth factors such as the increasing focus on animal health, increasing disposable incomes, rapid urbanization, growing animal population and increasing demand for animal protein. In addition, increasing demand for animal protein, growing industrialization of livestock farming. Increasing focus on animal health and welfare, rising technological advancements and increasing consumer preference towards animal-source foods, which are further expected to drive the growth of the market during the forecast period.
One of the significant opportunities revolutionizing the market growth is the rising technological advancements in the compound feed. To optimize animal productivity and health, customized feed solutions and advanced technologies are becoming necessary in compound feed. In addition, the rising integration of advanced technologies such as Internet of Things (IoT) and artificial intelligence (AI) enabling data-driven automation and decisions and enhance digital transformation. Furthermore, to improve efficiency and reduce costs, automated feed production systems are being adopted. These advanced factors are expected to revolutionize the growth of the compound feed market in the coming years.
One of the major challenging factors restraining market growth is the increasing high costs and resource scarcity in animal feed. Due to factors such as increased competition, geopolitical tensions and climate change, ingredients such as fishmeal, soybean and corn, which may form the huge amount of animal feed, which are very highly cost. The land degradation and water scarcity, further reducing the availability of resources necessary for feed crop production and further exacerbate the issue. In addition, the environmental effect of over-reliance on specific feed ingredients, including deforestation connected to soybean farming, may create sustainability challenges. These factors are expected to restrain the growth of the compound feed market.
How Asia Pacific Dominates the Compound Feed Market Revenue in 2024?
Asia Pacific dominated the market in 2024. The market growth in the global market is attributed to the factors such as the increasing growth of poultry farming and intensive livestock, increasing disposable incomes, growing animal population, increasing demand for animal protein, increasing growth in poultry and livestock industry, growing urbanization, increasing government initiatives and policies, increasing expansion of aquaculture and rising advancements in feed technology. China, India, Japan and South Korea are dominating countries fueling the market growth in the region.
India dominated the compound feed market revenue in 2024, driven by the increasing demand for ready-to-eat fodder for animals, increasing demand for animal nutritional feed and growing aquaculture and livestock industries. In India, for the livelihood, about 20.5 million people depend upon livestock. It also offers livelihood to significant rural community. It contributes about 17.11% to the agricultural GDP and 5.1% to the country’s GDP. With one of the largest livestock populations, animal husbandry becomes a major subsidiary occupation of the farmers in India, which expected to drive the demand for compound feed in India.
Latin America Compound Feed Market Trends
Latin America is expected to grow fastest during the forecast period. The segment growth in the region is driven by factors such as the increasing demand for animal protein, increasing consumer preference towards affordable protein, rising technological advancements, increasing focus on health and sustainability, increasing higher quality and safety standards and increasing consumer spending on livestock.
How Cereals (corn, wheat) Segment Dominates Compound Feed Market Revenue in 2024?
The cereals (corn, wheat) segment dominated the market revenue in 2024. The segment growth in the global market is driven by factors such as versatility in formulations, economic viability, nutritional contribution and primary energy source. Cereals such as wheat and corn are important to compound feed due to their cost-effective and abundant energy sources. Cereals provide metabolizable carbohydrates for animals. Cereals offer various amounts of minerals, fiber and protein, which are vital for growth and health. To create feeds, cereals can be used in several proportions tailored to the specific nutritional needs of various animal species, which may enhance animal health and growth.
The Additives Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the market is driven by various benefits such as improved health, enhanced performance and growth, better digestion, disease prevention, improved feed quality, increased palatability, reduced antibiotic use and sustainable practices.
Why Poultry Segment Dominates Compound Feed Market Revenue in 2024?
The poultry segment dominated the market revenue in 2024. The segment growth in the global market is attributed to the rising need for nutritional rich feed and cost-effective feed and rising adoption and intake of chicken and eggs across the world. In addition, with major advancements in nutrient absorption and feed efficiency, the use of compound feed in poultry feed is well-established, which is expected to boost the segment growth in the global market.
The Aquaculture Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the market is driven by the rising consumption of seafood, rising customer trend towards fish farming and increasing aquaculture sector. Aquaculture in animal feed enhances the growth and health of aquatic animals by enhancing mineral and phosphorus availability, which considered to the sustainability of aquaculture feed. In aquaculture feed, the utilization of compound feed helps to improve the digestibility of plant-based feed ingredients, which is further expected to enhance the segment growth in the global market.
How Pellets Segment Held the Largest Compound Feed Market Revenue in 2024?
The pellets segment dominated the global market revenue for compound feed in 2024. The segment growth in the market is driven by factors such as the increasing hygiene and food safety through treatment, increasing feed efficiency, increasing demand for storage and handling, increasing demand for uniform nutrient distribution and reducing feed waste.
The Crumbles Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the market is attributed to the various benefits such as the increasing better growth in young animals, reducing respiratory problems and dust, improved feed intake, enhanced digestibility, and increasing uniform nutrient distribution.
What Factors Help Feed Mills & Cooperatives Segment Grow in 2024?
The feed mills and cooperatives segment dominated the market revenue in 2024. The segment growth in the global market is driven by factors such as ensuring safety and quality, enhancing productivity and efficiency, providing balanced nutrition, and providing financial support. Feed mills can significantly reduce costs, by processing and purchasing ingredients in huge volumes. In addition, leading to reduced waste, optimized egg or milk production and better weight gain, proper feed processing and formulation increase the palatability and digestibility of feed, which may expect to drive the segment growth.
The Online Platforms Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the global compound feed market is driven by factors such as increasing demand for high-quality animal feed, growing e-commerce platforms, increasing integration of internet connectivity, increasing consumer preference towards online shopping, increasing modern and busy lifestyles, improved supply chain management, enhanced brand awareness and increasing demand for direct-to-consumer sales.
Why does the Commercial Livestock Farms Segment Held the Largest Compound Feed Market Revenue in 2024?
The commercial livestock farms segment dominated the market revenue in 2024. Compound feed farms is a major commercial livestock farming which provides a efficient, consistent and balanced nutritional source for animals. It helps to reduce the risk of nutritional diseases, ensure nutritional consistency, offers economies of scale and simplifies feeding. In addition, improved animal performance and health, economic efficiency, nutritional consistency, and enhanced food safety are the major benefits that further drive segment growth.
The Aquaculture Producers Segment is Expected to Grow Fastest During the Forecast Period.
The aquaculture producers segment plays an important role in compound feed as it supports animal reproduction, growth and health through a convenient, consistent and balanced nutrition source. By using eco-friendly raw materials, promoting a good feed conversion ratio, aquaculture producers help to improve overall sustainability, which may expected to drive the segment growth in the global market.
Raw Material Procurement
Packaging and Branding
Waste Management and Recycling
Kemin Industries
Association of American Feed Control Officials (AAFCO)
By Ingredient Type
By Livestock/Animal Type
By Form
By Distribution Channel
By End-User
By Region
August 2025
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