GCC Compound Feed Market Overview and Insights:
According to Markntel Advisors Report, GCC Compound Feed Market is estimated to grow at a CAGR of around 7.18% during the forecast period, i.e., 2024-30.
GCC Compound Feed Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
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Industry Growth Driver:
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:
What is Included in GCC Compound Feed Market Segmentation?
The report has segmented the market into the following categories:
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)
Pellets captured a prominent share in the GCC Compound Feed Market owing to the convenience offered in storage, transportation, and handling, aligning with the region's focus on efficient & modern farming practices. Pellets offer precise control over feed composition, ensuring optimal nutrition for various livestock categories. The increasing focus on animal health and performance is further propelling the adoption of pellets, as they facilitate enhanced digestibility & nutrient absorption. Moreover, the arid climate of the GCC nations necessitates measures to conserve water, and pelleted feed, by nature, requires less water in its production compared to traditional feed forms, further contributing to its growth in the market.
By Distribution Channel
- Direct Sales- Market Size & Forecast 2019-2030F, (Thousand Tons)
- Dealers & Distributors- Market Size & Forecast 2019-2030F, (Thousand Tons)
By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Bahrain
- Oman
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Who are the Key Players Operating in the GCC Compound Feed Industry?
The top companies of the GCC Compound Feed market ruling the industry are:
- 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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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the GCC Compound Feed Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the GCC Compound Feed industry?
- Which is the Leading segment in the market?
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