Hyderabad, India -- (SBWIRE) -- 03/16/2018 -- The report " Poultry Feed Market By Type (Turkeys, Broilers, Layers And Others), By Feed Additives (amino Acids, Feed Enzymes, Antioxidants, Vitamins, Antibiotics And Feed Acidifiers) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)", The Poultry Feed market is expected to reach USD 9.35 Billion by 2021 from an estimated USD 6.96 Billion in 2016, at a CAGR of 6.10%. The key factors such as an increase in demand for meat in cities with growing population and increasing fondness for eating pork in outside restaurants are driving the growth of this market.

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By type, the Broilers segment accounted for the largest share of the market in 2016
On the basis of type, the Poultry Feed market has been segmented into Turkeys, Broilers, Layers and Others. In 2016, the Broilers segment accounted for the largest share of the global Poultry Feed market due to its availability in almost every region of globe and less cost. This segment is expected to grow at a very high rate in the coming future.
By Feed additives, the feed acidifiers segment accounted for the largest share of the market in 2016
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On the basis of feed additives, the Poultry Feed market has been segmented into Amino Acids, Feed Enzymes, Antioxidants, Vitamins, Antibiotics and Feed Acidifiers. In 2016, the feed acidifiers accounted for the largest share of the global Poultry Feed market followed by feed enzymes.
North America dominated the market in 2016

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North America accounted for the largest share of the Poultry Feed market in 2016 followed by Asia – Pacific. Asia - Pacific is estimated to grow at a very high rate due to increasing population and slow shifting of lifestyle into western lifestyle.

The various players in the Poultry Feed market include JBS S.A. (Brazil), Royal DSM N.V. (The Netherlands), BRF (Brazil), Tyson Foods (U.S.), Wen's Food Group (China), CP Group (Thailand), Charoen Popkhand Foods (Thailand) and ADM (Archer Daniels Midland Company) (U.S).

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