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Poultry Feed Market

Livestock production has increased in several countries around the world to meet the needs of changing population diet patterns, particularly in developing markets. The livestock sector in the Global market, particularly in Global, is becoming increasingly industrial, although many farmers in countries such as India and China remain small and marginal.

Data Bridge Market Research analyses that the poultry feed market which was growing at a value of 256.93 billion in 2021 and is expected to reach the value of USD 373.86 billion by 2029, at a CAGR of 4.80% during the forecast period.

Farmers feed poultry birds such as ducks, turkeys, chickens, geese, and other domestic birds with poultry feed. Modern feed is created by carefully selecting and combining ingredients to provide a highly nutritional diet that protects the health of poultry birds while also improving the quality of end products like meat and eggs. The primary elements required by poultry birds for development, reproduction, maintenance, and health are minerals, vitamins, carbohydrates, proteins, and water.

Increased focus on animal health will also boost market expansion. Increased cattle husbandry will almost certainly raise demand for poultry feed. The growing need for animal-based products by humans will drive rising market demand. Natural growth supporters are predicted to be active in the market as their momentum rises. Rising consumer awareness of the benefits of using feed additives to reduce disease has fuelled the market’s demand.

 

For more:

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