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Middle East and Africa Animal Feed Market Size, Analysis: By Type: Fodder and Forage, Compound Feed; By Livestock: Pork, Aquatic Animal, Cattle, Poultry, Others; By Raw Material: Soy, Corn, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Middle East and Africa Animal Feed Market Size
The Middle East and Africa animal feed market reached approximately 45.1 million tons in 2023. The market is projected to grow at a CAGR of 1.50% between 2024 and 2032, reaching a volume of around 51.45 million tons by 2032.
Middle East and Africa Animal Feed Market Outlook
- Nearly half of the feed production in the African region consists of broiler feed, layer feed, and dairy feed.
- As per the industry reports, in 2023, Iran and Saudi Arabia are the major producers of animal feed in the Middle East region.
- In September 2022, the International Finance Corporation (IFC) announced its collaboration with the Nigerian subsidiary of Bar Magen LTD to enhance the production of livestock feed in African countries.
Middle East and Africa Animal Feed Market Growth
The rising population of livestock, growing demand for animal-based protein, and high dependency of the MEA region on feed imports are some of the prominent market drivers. The rise in population and high disposable income in the region has resulted in a higher demand for livestock products, leading to the expansion of the livestock sector and the demand for more animal feed.
Farmers are becoming more conscious of the influence that feed quality has on the well-being of animals and the standard of animal products. This growing awareness is encouraging farmers to actively search for high-end, nutritional feed to ensure the growth of their livestock and poultry. Moreover, the rise of aquaculture sector in several countries in the region has led to a growing need for high-quality aquaculture feeds.
Customised feed solutions are also becoming increasingly popular as they are personalised to meet the unique requirements of various species and breeds and aim to enhance their growth, reproduction, and overall well-being.
Middle East and Africa Animal Feed Industry Segmentation
“Middle East and Africa Animal Feed Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fodder and Forage
- Compound Feed
Market Breakup by Livestock
- Pork
- Aquatic Animal
- Cattle
- Poultry
- Others
Market Breakup by Raw Material
- Soy
- Corn
- Others
Market Breakup by Country
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Middle East and Africa Animal Feed Market Share
Based on livestock, the market is divided into pork, aquatic animal, cattle, and poultry, among others. Poultry occupies a significant portion of the market share as poultry is a staple protein source in many countries in the MEA region. It is also cost-effective and more culturally accepted compared to other meats, which has led to a high consumption of poultry and a significant demand for poultry feed. Additionally, the rise of fast-food chains and processed food has further increased the demand for poultry products.
Leading Companies in the Middle East and Africa Animal Feed Market
The market players are tapping into the emerging regions in the market to meet the evolving regulatory landscape.
- Cargill, Incorporated
- Nutreco N.V.
- Elgamal Group
- New Hope Liuhe Co., Ltd.
- De Heus Voeders BV
- BRF S.A.
- Alltech, Inc.
- Olam Group Limited
- Flour Mills of Nigeria Plc
- Country Bird Holdings (Limited)
- AFGRI Operations (Pty) Limited
- Others
Key Highlights of the Report
| 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 Type |
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| Breakup by Livestock |
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| Breakup by Raw Material |
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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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 Global Animal Feed Historical Market (2018-2023)
8.3 Global Animal Feed Market Forecast (2024-2032)
8.4 Global Animal Feed Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Middle East and Africa Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Middle East and Africa Animal Feed Historical Market (2018-2023)
9.3 Middle East and Africa Animal Feed Market Forecast (2024-2032)
10 Middle East and Africa Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Middle East and Africa Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Middle East and Africa Animal Feed Market by Raw Material
12.1 Soy
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Middle East and Africa Animal Feed Market by Country
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Cargill, Incorporated
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Nutreco N.V.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Elgamal Group
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 New Hope Liuhe Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 De Heus Voeders BV
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 BRF S.A.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Alltech, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Olam Group Limited
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Flour Mills of Nigeria Plc
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Country Bird Holdings (Limited)
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 AFGRI Operations (Pty) Limited
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
2. Global Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. Middle East and Africa Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
4. Middle East and Africa Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Middle East and Africa Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
6. Middle East and Africa Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
7. Middle East and Africa Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Middle East and Africa Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Middle East and Africa Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
10. Middle East and Africa Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
11. Middle East and Africa Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Middle East and Africa Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Middle East and Africa Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
14. Middle East and Africa Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
15. Middle East and Africa Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Middle East and Africa Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Middle East and Africa Animal Feed Historical Market: Breakup by Country (Million Tons), 2018-2023
18. Middle East and Africa Animal Feed Market Forecast: Breakup by Country (Million Tons), 2024-2032
19. Middle East and Africa Animal Feed Historical Market: Breakup by Country (Million Tons), 2018-2023
20. Middle East and Africa Animal Feed Market Forecast: Breakup by Country (Million Tons), 2024-2032
21. Middle East and Africa Animal Feed Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate volume of 45.1 million tons.
The market is estimated to grow at a CAGR of 1.50% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around 51.45 million tons by 2032.
The market is being driven due to rising population of livestock, growing demand for animal-based protein, and high dependency of the MEA region on feed imports.
The key trends aiding the market include rise of aquaculture, customised feed solutions, and growing focus on specialised feed products.
Countries considered in the market are Saudi Arabia, United Arab Emirates, Nigeria, and South Africa, among others.
Based on type, market segmentations include fodder and forage and compound feed.
Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.
Who are the key players in the Middle East and Africa animal feed industry, according to the report?
The major players in the market are Cargill, Incorporated, Nutreco N.V., Elgamal Group, New Hope Liuhe Co., Ltd., De Heus Voeders BV, BRF S.A., Alltech, Inc., Olam Group Limited, Flour Mills of Nigeria Plc, Country Bird Holdings (Limited), and AFGRI Operations (Pty) Limited, among others.
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