Egypt Animal Feed Market to be Dominated by Swine Animal Feed Segment Through 2028
Egypt Animal Feed Market is
increasing owning to the increase in population and urbanization in the
country.
According to TechSci Research
report, “Egypt Animal Feed Market - By Region, Competition, Forecast and Opportunities, 2018-2028",
the
Egypt Animal Feed market is anticipated to increase at an impressive rate in
the forecast period 2024-2028. Egypt Animal Feed market is expected to grow
impressively through 2028 owing to increase in population and urbanization in
the country. Animal feed is a crucial aspect of modern animal husbandry,
as it plays a vital role in the growth and health of livestock, poultry, and
aquaculture. Animal feed is a mixture of various ingredients that provide the
necessary nutrients for animals to grow, produce milk or eggs, and maintain
their health.
Animal feed is a vital
component of animal agriculture, as it provides the necessary nutrients for
animal growth, health, and productivity. The ingredients and composition of
animal feed vary depending on the type of animal being fed and its stage of
life. High-quality animal feed is essential for animal health and productivity,
and its production involves several steps, including inspection, testing,
grinding, mixing, and pelleting or extruding.
Animal feed market in Egypt
is a vital component of the country's animal agriculture sector, supporting the
growth and productivity of livestock and aquaculture. The industry is
characterized by a mix of domestic and imported products and is dominated by a
few large companies. The poultry sector is the largest consumer of animal feed
in Egypt, followed by the dairy sector. Despite facing several challenges, the
animal feed industry in Egypt is poised for growth, driven by the country's
large and growing demand for animal products.
Animal feed market in Egypt
is experiencing steady growth, driven by a combination of factors including
population growth, government support for the animal agriculture sector,
increasing focus on food security, growing demand for high-quality animal
products, and technological advancements in animal nutrition. These factors are
expected to continue to drive demand for animal feed in Egypt in the coming
years, making the animal feed market a key component of the country's
agriculture sector.
The animal feed market in
Egypt faces infrastructure challenges, particularly in terms of transportation
and storage. These challenges can impact the availability and quality of feed
ingredients, as well as the efficiency of feed processing and distribution. Moreover,
the industry faces challenges in terms of energy supply, as many feed mills
rely on costly diesel generators for power.
Egypt's poultry industry has
seen significant growth in recent years, driven by increasing demand for
chicken meat and eggs. This has led to increased demand for high-quality
poultry feeds, as well as investments in new poultry farms and processing
facilities. Furthermore, there has been a growing trend toward vertical
integration, with some poultry producers investing in feed production
facilities to ensure a reliable supply of high-quality feed for their birds.
Browse over XX market data Figures spread through 70
Pages and an in-depth TOC on " Egypt Animal Feed Market"
Egypt Animal Feed Market
is segmented based on type and products.
Based on type, the market is further
divided into swine animal feed, poultry animal feed, ruminant feed, aquatic
feed, and others. Swine animal feed segment is expected to hold the largest
market share in the forecast period.
Based on products, the market
is divided into fodder, forage, and others. Population growth is driving the
demand for animal products, such as meat, milk, and eggs, which is the primary
reason driving the segment's growth.
Major companies operating in Egypt
Animal Feed Market are:
- Egyptian International Feed Products
- Egyptian European Company for Animal
Nutrition (EUCAN)
- Alexfert Company
- Wadi Group
- Cairo Poultry Company (CPC)
- Agro Feed
- Al Shark Animal Nutrition
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“Animal feed market in Egypt
has seen significant developments and changes over the past three years, driven
by a range of factors including changes in global commodity markets, evolving
consumer demand, and government policies aimed at supporting local production.
These developments are expected to continue to shape the industry in the coming
years, with a growing focus on sustainability, efficiency, and innovation,"
said Mr. Karan Chechi, Research Director with TechSci research, a research-based
global management consulting firm.
“Egypt Animal Feed Market By Type (Swine Animal
Feed, Poultry Animal Feed, Ruminant Feed, Aquatic Feed, Others), By Product
(Fodder, Forage, Others), By Region, Competition, Forecast & Opportunities,
2018-2028F” has
evaluated the future growth potential of Egypt Animal Feed market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Egypt Animal Feed market.
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