Egypt Compound Feed Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.35 Billion |
| Market Size (2029) | USD 2.78 Billion |
| CAGR (2024 - 2029) | 3.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Compound Feed Market Analysis
The Egypt Compound Feed Market size is estimated at USD 2.35 billion in 2024, and is expected to reach USD 2.78 billion by 2029, growing at a CAGR of 3.5% during the forecast period (2024-2029).
The compound feed market in Egypt plays a crucial role in the country's agricultural sector, contributing significantly to the livestock and poultry industries. This market encompasses the production and distribution of nutritionally balanced feed products formulated from various raw materials and comprised of nutritional elements such as carbohydrates, proteins, vitamins, and minerals designed to meet the specific dietary needs of different animal species.
In the country, animals like ruminants, poultry, and fish are an essential part of agricultural development that has grown remarkably in recent years, which has led to an increase in initiatives in this industry. For instance, in 2022, Nutreco, a Dutch producer of animal nutrition, fish feed, and processed meat products, was awarded a USD 4.8 million grant to build feed mills in remote African communities, including Egypt.
Large-scale livestock production helps meet the surging demand for livestock products. In addition, with rapid economic growth, the demand for poultry meat protein rose significantly in the country. The growing demand for meat protein triggered meat production and consumption, where the uptake of animal feed increased considerably and is anticipated to show a further increase. According to FAO (Food and Agriculture Organization), the production of chicken meat in Egypt increased from 2.40 million metric tons in 2021 to 2.52 million metric tons in 2022.
Furthermore, Egypt is likely to rise ahead in manifold ways concerning the agriculture and animal husbandry sectors. The government is currently emphasizing Egypt’s Sustainable Development Strategy: Vision 2030, in which the livestock sector is anticipated to play a key role. Increasing the per capita animal protein consumption by 4 g per day by 2030 is one of the main objectives of developing animals like poultry meat production. This has opened doors for a plethora of animal feed manufacturers in the country. Therefore, a surge in livestock meat production and increasing government support are likely to contribute to the growth of the compound feed market over the forecast period.
Egypt Compound Feed Market Trends
Poultry Compound Feed is the Fastest-growing Segment
Poultry is one of the main agricultural industries in Egypt. It contributes 10% of agricultural value-added, with the country producing over 2.5 million metric tons of chicken meat. According to data from the FAO, the per capita consumption of poultry is approximately 15 kg per year. The sector is highly heterogeneous, comprising large, integrated, specialized producers and at least 11 million households keeping chickens and other poultry.
Stakeholders have identified two main poultry production systems in Egypt: intensive/commercial and extensive/household. The intensive poultry production system in Egypt creates a diverse and substantial demand for compound feed. These systems, comprising small-scale producers, medium-scale farms, and integrated producers, account for approximately 84% of total poultry meat production, requiring a substantial volume of feed to maintain efficiency and productivity across four to eight production cycles annually, according to FAO.
The geographical concentration of intensive poultry farms, primarily in southern Egypt, facilitates efficient distribution and logistics for the compound feed industry. Moreover, the integration of modern husbandry practices and biosecurity measures within the intensive poultry sector elevates the standards and requirements for compound feed. Producers aim to use high-quality feed that supports disease control programs for conditions like salmonellosis and avian influenza.
Furthermore, larger integrated farms with the financial capacity to adopt advanced technologies drive demand for premium feed products, encouraging feed manufacturers to improve their offerings continuously. Therefore, Egypt's dynamic and substantial poultry industry, characterized by an intensive production system and continuous demand cycles, plays a pivotal role in driving the growth and development of the compound feed market.
Cereals are the Most Used Ingredients in Type Segment
The cereal-based compound feed market in Egypt plays a crucial role in supporting the country's substantial animal nutrition industry. Cereal ingredients, primarily corn and wheat, are essential for providing energy-rich diets necessary for animal growth and productivity. Maize is the most common type of cereal ingredient used in the country's manufacturing of feed.
According to FAO, Egypt’s yellow corn production covers less than 20% of its feed demand needs, and thus, imports are supplementing the feed manufacturing industry’s expanded production. According to the ITC trade map, Egypt imported USD 2.45 million valued maize in 2023. Furthermore, FAS Cairo stated Egypt's total corn consumption in 2023 as 13.9 million metric tons, which was up by almost 3.0% from the consumption of 2022, which was 13.5 million metric tons.
Wheat also plays an important role as a feed ingredient in the country's cereal-based compound feed market. Primarily produced for human consumption, wheat in animal feed provides essential protein and energy. According to the data of FAOSTAT, the country's wheat production in 2023 was 9.7 million metric tons. The country's wheat production is not sufficient to fulfill the country's consumption demand; hence, it depends mostly on imports. In 2023, Egypt imported 9.16 million metric tons of wheat, maintaining its status as one of the world's largest wheat importers, according to ITC Trademap.
Furthermore, Egypt’s feed mills produce poultry feed mix of 70% yellow corn, 19.4% soybean meal, 3.4% wheat bran, and 1.9% broiler concentrates (fish or meat meals), along with minerals and vitamins. On the other hand, aquaculture’s major dietary energy sources include 20% to 25% yellow corn, 20% to 30% wheat bran, 10% to 25% rice bran, and 1% to 5% vegetable oils. The feed mix formulation depends on the protein and energy contents of the feed and the availability and price of the ingredients, including fish species and their sizes. Thus, cereal by-products are gaining traction across feed manufacturers, owing to their cost-effective feed options, and are anticipated to continue the same during the forecast period.
Egypt Compound Feed Industry Overview
The Egyptian compound feed market is fragmented in nature and consists of major players such as Alltech, Cargill, Archer Daniels Midland Company, Land O'Lakes, and United Animal Health. These players account for most of the share in the compound feed market. Collectively, these companies are making significant investments to upgrade and expand their production plants in terms of capacity and technology for various products. These investments are being made in terms of mergers and acquisitions of small and regional players, providing technical support to small players, and expanding the R&D capabilities of the respective companies.
Egypt Compound Feed Market Leaders
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LAND O’ LAKES INC. (PURINA MILLS)
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United Animal Health
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Archer Daniels Midland Company
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Cargill Inc.
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Alltech Inc.
*Disclaimer: Major Players sorted in no particular order
Egypt Compound Feed Market News
- July 2022: Nutreco, a Dutch producer of animal nutrition, fish feed, and processed meat products, was awarded a USD 4.8 million grant to build feed mills in remote African communities, including Egypt.
- June 2022: A new team was created within Nutreco, as Nutreco Exploration (NutEx) focused on the company's investment and research. The new team is expected to enhance the current portfolio of animal feed products and drive the next generation of feed additives, helping the company become an industry leader.
- January 2022: Cargill expanded its portfolio of AI-powered innovation to provide poultry producers with actionable insights. The company's latest solutions, Galleon and Birdoo, are designed to optimize animal health and enhance flock performance.
Egypt Compound Feed Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumption and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Growing Investments in Egypt's Livestock Industry
- 4.2.2 Increasing Demand for Quality Milk and Meat Products
- 4.2.3 Rising Demand From the Aquaculture Industry
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4.3 Market Restraints
- 4.3.1 Lack of Credit System to Support the Use of Feed
- 4.3.2 Import Dependency for Feed Ingredients
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Ingredient
- 5.1.1 Cereals
- 5.1.2 Cakes and Meals
- 5.1.3 By-products
- 5.1.4 Supplements
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5.2 By Animal Type
- 5.2.1 Ruminants
- 5.2.2 Poultry
- 5.2.3 Aquaculture
- 5.2.4 Other Animal Types
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Archer Daniels Midland
- 6.3.2 DeKalb Feeds
- 6.3.3 Heiskell & Co.
- 6.3.4 Kent Feeds
- 6.3.5 Nutreco
- 6.3.6 Cargill Inc.
- 6.3.7 Land O Lakes Purina
- 6.3.8 Alltech Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityEgypt Compound Feed Industry Segmentation
Compound feed is a mixture of raw materials and supplements fed to the livestock, sourced from either plant, animal, organic or inorganic substances or industrial processing, whether or not containing additives. While soybean, corn, barley, wheat, and sorghum are the most commonly used raw materials, vitamins, minerals, and amino acids are the most common additives blended to form compound feed. The Egyptian compound feed market is segmented by animal type, including ruminants, poultry, aquaculture, and other animal types, and ingredients, including cereal, cakes and meals, by-products, and supplements. The report offers market size and forecasts in volume (metric tons) and value (USD) for all the above segments.
| By Ingredient | Cereals |
| Cakes and Meals | |
| By-products | |
| Supplements | |
| By Animal Type | Ruminants |
| Poultry | |
| Aquaculture | |
| Other Animal Types |
Egypt Compound Feed Market Research FAQs
How big is the Egypt Compound Feed Market?
The Egypt Compound Feed Market size is expected to reach USD 2.35 billion in 2024 and grow at a CAGR of 3.5% to reach USD 2.78 billion by 2029.
What is the current Egypt Compound Feed Market size?
In 2024, the Egypt Compound Feed Market size is expected to reach USD 2.35 billion.
Who are the key players in Egypt Compound Feed Market?
LAND O’ LAKES INC. (PURINA MILLS), United Animal Health, Archer Daniels Midland Company, Cargill Inc. and Alltech Inc. are the major companies operating in the Egypt Compound Feed Market.
What years does this Egypt Compound Feed Market cover, and what was the market size in 2023?
In 2023, the Egypt Compound Feed Market size was estimated at USD 2.27 billion. The report covers the Egypt Compound Feed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Compound Feed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Compound Feed Industry Report
Statistics for the 2024 Egypt Compound Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Compound Feed analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
