Poultry Meal Market Trends & Growth Insights 2024
The global poultry meal market is projected to grow from USD 1.4 billion in 2024 to an impressive USD 3.5 billion by 2034, reflecting a CAGR of 10.6% during the forecast period. This significant growth is fueled by rising demand for high-protein animal feed, cost-effective feed solutions, and the sustainability push in the animal farming sector.
Poultry meal, a premium protein-rich ingredient derived from chicken meat, skin, and bones, plays a crucial role in livestock, aquaculture, pet food, and poultry feed formulations. Its affordability and nutritional benefits make it a preferred ingredient among feed manufacturers and farmers.
Market Trends Shaping the Future in Poultry Meal Market
- Demand for Cost-Effective Animal Feed: Poultry meal’s affordability compared to other protein alternatives is driving its usage in animal feed, helping reduce overall production costs while maintaining optimal nutrition.
- Technological Advancements in Processing: Innovations in feed processing and formulation have enhanced the digestibility and nutritional quality of poultry meal, boosting animal health and farm productivity.
- Circular Economy & Sustainability: Sustainable farming practices have increased the production of poultry meal using poultry industry by-products. This approach reduces waste and contributes to eco-friendly practices aligned with global sustainability goals.
- Packaging Innovations: Options for bulk packaging (up to 1000 kg) and small-batch supplies cater to feed manufacturers of all sizes, optimizing logistics and supply chain efficiency.
Segment & Category Analysis for Poultry Meal Market
By End-Use Industry
- Poultry Feed: Accounts for 35.8% market share in 2024, owing to its high protein and amino acid content that supports healthy poultry growth.
- Livestock Feed: Valued for its nutritional benefits for pigs, cattle, and sheep, enabling growth and enhancing feed efficiency.
- Aquaculture Feed: The demand for protein-rich feed in the aquaculture industry is on the rise, with poultry meal supporting shrimp, fish, and other aquatic species.
- Pet Food: Rising demand for high-nutrition pet food is increasing the use of poultry meal in pet food formulations.
By Packaging
- Up to 50 kg Bags: Convenient for smaller farmers and feed producers.
- Up to 1000 kg Totes: Ideal for medium-scale manufacturers.
- Bulk Packaging: Preferred by large-scale feed manufacturers for cost efficiency and sustainability.
Key Growth Regions for Poultry Meal Market
- China: The largest consumer, projected to reach USD 717.5 million by 2034, growing at a CAGR of 5.1%. The surge in China’s poultry and livestock farming drives the demand for poultry meal.
- United States: With a CAGR of 7.2%, the U.S. poultry meal market is set to reach USD 469 million by 2034, driven by expanding poultry production and demand for high-quality meat.
- Germany: With a focus on food safety and quality, Germany’s market will grow at a CAGR of 6.7%, reaching USD 325.5 million by 2034.
- India: Increasing poultry consumption is driving growth, with an estimated market value of USD 532 million by 2034, growing at 6.5% CAGR.
Restraining Factors for Poultry Meal Market
- Fluctuations in Raw Material Supply: The availability of poultry by-products can be inconsistent due to supply chain disruptions or regulatory changes.
- Stringent Regulatory Standards: Countries with strict import regulations, such as the European Union, may impose additional certification requirements, impacting global supply.
Health & Wellness Focus
- Nutritional Excellence: Poultry meal is a reliable source of amino acids, proteins, and essential nutrients vital for animal growth and productivity.
- Enhanced Digestibility: Modern feed processing techniques have improved digestibility, ensuring better nutrient absorption for livestock, poultry, and aquatic species.
Sustainability Concerns
Poultry meal production supports circular economy principles by utilizing poultry by-products, thereby reducing waste. Sustainable production practices appeal to environmentally conscious buyers and stakeholders aiming to reduce their ecological footprint.
Market Composition in Poultry Meal Market
Tier 1 Companies (50-60% Market Share)
Major players in this tier dominate the market with superior product portfolios, large production capacities, and strategic investments. Key players include:
- BRF Ingredients
- NordFeed
- Leo Group
- Gepro
- Gavdeo International
Tier 2 Companies (25-35% Market Share)
Mid-tier firms focus on regional operations and niche markets. Companies like Grupo FASA, Susheela Group, and Boyer Valley Company operate in specific geographies, often forming partnerships to expand their reach.
Tier 3 Companies (15-20% Market Share)
Small-scale, local players with limited production capacity serve niche markets. Their emphasis lies on local supply chain optimization and traditional manufacturing processes.
Competitive Landscape
Top Competitors in Poultry Meal Market:
- BRF Ingredients: Offers high-quality poultry meal products for diverse end-use applications.
- Gepro: Renowned for its sustainable and eco-friendly production methods.
- Leo Group: A leader in advanced poultry by-product processing, complying with stringent EU regulations.
- West Coast Reduction Ltd: A key supplier of bulk poultry meal to international feed manufacturers.
Frequently Asked Questions for Poultry Meal Market
Q1: What is the projected size of the global poultry meal market?
A1: The market is estimated to reach USD 3.5 billion by 2034, growing from USD 1.4 billion in 2024 at a CAGR of 10.6%.
Q2: Which countries will dominate poultry meal consumption?
A2: China, India, USA, Germany, and Australia are expected to be the top consumers by 2034, with China leading at USD 717.5 million.
Q3: What is the primary growth driver for the poultry meal market?
A3: The rising demand for protein-rich feed for livestock, aquaculture, and pet food, along with cost-efficiency and sustainability factors, drive market growth.
Q4: What role does sustainability play in the poultry meal market?
A4: Poultry meal supports a circular economy by utilizing by-products from the poultry industry, reducing waste, and supporting eco-friendly production.
Q5: Who are the leading players in the poultry meal market?
A5: Top market players include BRF Ingredients, Gepro, Leo Group, NordFeed, and West Coast Reduction Ltd.
Market Forecast (2024 to 2034) for Poultry Meal Market
| Year | Market Size (USD Billion) | CAGR (%) |
| 2024 | 1.4 | 10.6 |
| 2029 | 2.4 | 10.6 |
| 2034 | 3.5 | 10.6 |
Country-Wise Revenue Insights (2034) for Poultry Meal Market
| Country | Revenue (USD Million) | CAGR (2024-2034) |
| China | 717.5 | 5.1% |
| USA | 469.0 | 7.2% |
| India | 532.0 | 6.5% |
| Germany | 325.5 | 6.7% |
| Australia | 90.3 | 4.3% |
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