Africa Compound Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Africa Compound Feed Market is Segmented by Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Other Animal Types), Ingredients (Cereal, Cakes & Meals, By-Products, and Supplements), and Geography (South Africa, Egypt, and the Rest of Africa). The Supplement segment is further segmented into Vitamins, Amino Acids, Enzymes, Acidifiers, Probiotics, and Prebiotics, and Other Supplements. The report offers market estimation and forecasts in Value (USD thousand) for the above-mentioned segments.

Africa Compound Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Africa Compound Feed Industry Overview

The African compound feed market is highly concentrated, with a few major companies dominating the market, like Cargill Inc, Nutreco NV, Alltech Inc., New Hope Group SA, and Novus International. Leading companies focus on acquiring feed mills and small manufacturers to expand their business in local and foreign markets. Some players have expanded their geographical presence by acquiring or merging with manufacturers in foreign markets. Expanding the business across regions and setting up a new plant for increasing production capacity and a product line has helped the companies hold more market share. The companies are also increasing the production capacities of their existing plants.

Africa Compound Feed Market Leaders

  1. Cargill Inc.

  2. New Hope Group SA

  3. Nutreco NV

  4. Alltech

  5. Novus International

  6. *Disclaimer: Major Players sorted in no particular order
Africa Compound Feed Market Concentration