Base Year
Historical Year
Forecast Year
The Australia compound feed market size reached USD 4.95 billion in 2023. The market is expected to grow at a CAGR of 3.02% between 2024 and 2032, reaching USD 6.50 billion by 2032.
The Australia compound feed market growth, primarily led by the poultry sector, is fuelled by rising consumer preference for lean and affordable protein sources
Poultry products, such as chicken and eggs, serve as a cost-effective and versatile protein choice for diverse consumers. The growing trend towards health-conscious diets drives the demand for lean poultry meat, supported by advancements in poultry farming technology that improve efficiency and profitability.
Swine, renowned for its protein content, plays a crucial role in maintaining and developing muscles, especially important for children's bone health. It contains essential nutrients like zinc, selenium, and vitamins B12 and B6, vital for immune function, making it a popular choice in Australia. The market is witnessing the development of numerous new feeds to cater to this demand.
In April 2023, Methane Tamer Beef Feedlot was launched, introducing Asparagopsis seaweed. Developed by CH4 Global, the product was designed for global expansion following its initial launch in Australia. It highlighted operational efficiencies and a natural formulation backed by peer-reviewed studies.
Australia Compound Feed Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Animal Type
Market Breakup by Source
Market Breakup by Ingredient
Market Breakup by Region
The Australia compound feed market key players are Land O’Lakes, Inc., Archer Daniels Midland Company and 4Farmers Australia Pty Ltd among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Animal Type |
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| Breakup by Source |
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| Breakup by Ingredient |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 4.95 billion in 2023.
The market is projected to grow at a CAGR of 3.02% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 6.50 billion in 2032.
The compound feed market is categorised according to animal type, which includes poultry, ruminants, aquaculture, swine, and others.
The players are Land O’Lakes, Inc., Archer Daniels Midland Company and 4Farmers Australia Pty Ltd among others.
Based on the source, the market is divided into animal-based and plant-based.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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