Compound Feed Market is Expected to Grow at a Robust Rate Till 2029
Increasing pet adoption and expansion of animal farming in emerging economies is expected to drive the Global Compound Feed Market growth in the forecast period, 2025-2029. According to TechSci Research report, “ Compound Feed Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, the Global Compound Feed Market stood at USD 498.23 Billion in 2023 and is anticipated to grow with a CAGR of 6.35% in the forecast period, 2025-2029. The global compound feed market is driven by a variety of factors. Primarily, the rising demand for meat and dairy products, coupled with the increasing awareness about the health benefits of quality animal feed, are key drivers. Additionally, advancements in animal feed technology and an increasing focus on livestock disease prevention further propel the market. The need for optimal growth, reproduction, and milk production in livestock also fuels the adoption of compound feed. The Global ...