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Thailand Compound Feed Market

  • Published Date: 14 Aug 2018
  • Number of Pages: 163
  • Category: Agriculture
  • Country: Thailand
Thailands feed market is expected to see a rise in the coming years. With the arrival of increasing per capita disposable income level, the animal feed demand in the nation is expected to rise. Increasing investments in Research and Development are expected to drive production sustainability during the forecast period. State policies and private initiatives in the agribusiness sector have contributed to the pragmatic market growth trends. Safety and reliability is a concern for the consumers in the region. Succession and resource planning will continue to be a greater issue in the near future.

Market Dynamics

Thailands market is segmented by animal type into ruminant, swine, aqua and poultry feed. The Thailand poultry feed market is estimated to grow at a CAGR of 2.8% from 2017 to 2022. Poultry and swine feed are the major segments in the Thailand compound feed market, accounting for around 70% of the market in 2016. Industrialization in poultry production and increasing consumer preference for poultry meat are the major factors responsible for high growth in the poultry segment. Broiler feed demand accounts for around 40 percent of total feed demand. Swine production, which accounts for around 30 percent of total feed demand, will likely increase around 3 percent. However, shrimp production is unlikely to recover from the outbreaks of Early Mortality Syndrome (EMS). Demand for aquafeed is expected to remain high due to increased modernization in aquaculture and an increased demand for seafood.

Key Players

Charoen Pokphand Foods (CP group) and BetaGro are considered the key players. They have substantial market share in Thailand, plus both companies are expanding abroad.

Report Contents:

--> Thailand Compound Feed Market Segments

--> Thailand Compound Feed Market Drivers, Restraints and Opportunities

--> Thailand Compound Feed Market Size & Forecast 2016 to 2022

--> Supply & Demand Value Chain

--> Thailand Compound Feed Market Current Trends

--> Competition &Major Companies

--> Technology and R&D Status

--> Porters Five Force Analysis

--> Strategic and Critical Success Factor Analysis of Key Players

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

Report Highlights:

--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

--> Consumer and Pricing Analysis

--> Market dynamics of the industry

--> In-depth Market Segmentation

--> Historical and Projected Market Sizing in terms of volume and value

--> Recent market trends and Impact Factors

--> R&D Status and Technology Overview

--> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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