As per our research report, the Middle East And Africa Poultry Feed Market size is estimated to be growing at a CAGR of 3.2% from 2024 to 2030.
Poultry feed constitutes the essential nutritional support provided to poultry farms, including a variety of avian species such as ducks, chickens, geese, and other domestic birds. The optimal growth and health of poultry require the provision of essential nutrients in appropriate quantities and proportions. Anticipated drivers of growth in the Middle East and Africa (MEA) poultry feed market include increasing demand for poultry meat, growing reliance on animal protein sources such as eggs. Additionally, the industrialization of the meat industry and the strategic efforts of global market players to expand through local distributors in the MEA region to promote poultry feed and its additives are expected to contribute to market expansion. However, challenges such as rising raw material costs and increased maintenance expenses are likely to hinder market growth over the forecast period.
In recent years, the poultry industry has emerged as a rapidly growing sector within agriculture, undergoing significant structural changes over the past two decades. These transformations are attributed to the adoption of modern intensive production methods, advancements in genetics, improved disease control measures, and increasing urbanization alongside rising income levels and population growth. The expansion of chilled and frozen poultry product retailing is facilitated by the proliferation of supermarkets and shopping malls. Government policies also play a pivotal role in ensuring competitively priced poultry products, thereby stimulating growth in the sector. The growing demand for convenient and high-quality chicken products is driven by an expanding working population and rising incomes. Additionally, as consumers prioritize health, there is a growing willingness to invest in healthier meat options, further fueling market growth.
The Middle East and Africa Poultry Feed Market faced significant challenges due to the Covid-19 pandemic, hindering its growth trajectory. Governments in the region implemented port closures, causing disruptions in the poultry feed supply chain. The pandemic also affected the availability of crucial raw materials necessary for poultry feed formulation in affected nations. Countries reliant on imports for key ingredients such as corn and soybeans encountered considerable difficulties in sourcing. Furthermore, the closure of feed plants exacerbated the challenges in accessing poultry feed, resulting in a downturn in poultry meat consumption.
KEY MARKET INSIGHTS:
Middle East And Africa Poultry Feed Market Segmentation:
By Animal Type:
By Ingredient:
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