7.18% CAGR to Shape the Future of the GCC Compound Feed Market

Latest Market Study report by MarkNtel Advisors: Leading market research company, Title “GCC Compound Feed Market- By Animal Type (Ruminants, Poultry, Aquaculture, Equine), By Form (Mash, Pellets, Crumbles)” and other forecast 2024-30”. This detailed report provides a thorough look at the industry, covering key aspects like the GCC Compound Feed Market Size, its growth in share, development, and the top companies involved. It examines what's driving the market, using historical, current, and projected data, as well as emerging trends, technology updates, important insights, recent developments, potential limitations, and other factors that will influence the industry's direction in the future.

How Big is the GCC Compound Feed Industry?

GCC Compound Feed Market is estimated to grow at a CAGR of around 7.18% during the forecast period, i.e., 2024-30.

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Factors Influencing the Growth of the GCC Compound Feed Industry:

Escalating Demand for High-quality Meat & Meat Products to Boost Market Growth – The surging middle-class population and changing dietary preferences have streamed the demand for meat products across the region. The burgeoning tourism in countries such as Saudi Arabia, the UAE, Qatar, etc., has further amplified the need for a diverse and high-quality food supply, including meat products. For Instance:

In 2021, the per capita meat consumption in Saudi Arabia was about 3.91kg, which increased to around 4.0 in 2022.

Further, as the livestock sector expands to meet the growing appetite for meat products, there is a heightened requirement for nutritionally balanced & efficient feed solutions. Compound feed products provide various nutritional benefits & support the optimal growth, health, and productivity of livestock, creating immense demand in the region and augmenting the GCC Compound Feed Market growth.

Name of Leading GCC Compound Feed Companies in the Market

> 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)

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Segmentation Summary - GCC Compound Feed Market

The breakdown of the GCC Compound Feed market into different segments provides a quick overview. It helps businesses understand what customers prefer and where they are located. By dividing the market into smaller groups based on purchasing habits and geography, companies can improve their business strategies. This summary offers a straightforward guide to better understanding the market.

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)

By Distribution Channel

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

Regional Insight: GCC Compound Feed Market

Geographically, the GCC Compound Feed Market expands across:

The UAE
Saudi Arabia
Qatar
Kuwait
Bahrain
Oman

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