Compound Feed Market is estimated to be US$ 716.12 billion by 2030 with a CAGR of 4.6% during the forecast period
Compound Feed Market accounted for US$ 458.1 billion in 2020 and is estimated to be US$ 716.12 billion by 2030 and is anticipated to register a CAGR of 4.6%. Compound feed is a type of food that is fed to domestic animals in the course of their care. Compound feed is fodder that is made up of a variety of raw components and additives. Vitamins, minerals, chemical preservatives, antibiotics, fermentation products, and other necessary substances are added as premixes to boost the nutritional value. Compound feed is essential for animal productivity and health. The report " Global Compound Feed Market, By Ingredient (Cereals, Cakes and Meals, By-products, and Supplements), By Forms (Mash, Pellets, Crumbles, and Others), By Livestock (Ruminants, Swine, Poultry, Aquaculture, and Other), By Source (Plant-based and Animal-based), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Trends, Analysis and Forecast Till 2029’’ Key Highlights: In Nove