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Australia Compound Feed Market Size, Share, Trends, Growth: By Animal Type: Poultry, Ruminants, Aquaculture, Swine, Others; By Source: Plant-Based, Animal-Based; By Ingredient: Cake and Meals, Cereals, Supplements; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Australia Compound Feed Market Outlook
The Australia compound feed market size reached USD 4.95 billion in 2023. The market is expected to grow at a CAGR of 3.02% between 2024 and 2032, reaching USD 6.50 billion by 2032.
Key Takeaways:
- According to data released by the Australian Bureau of Statistics, the cattle population in Australia totals 26 million in 2024.
- As per the DAFF, the value of poultry meat production is projected to rise by 2% to $3.9 billion in 2024-25.
- As stated by the DAFF, the value of pork meat production is set to grow by 2% to $1.7 billion in 2024-25.
The Australia compound feed market growth, primarily led by the poultry sector, is fuelled by rising consumer preference for lean and affordable protein sources
Poultry products, such as chicken and eggs, serve as a cost-effective and versatile protein choice for diverse consumers. The growing trend towards health-conscious diets drives the demand for lean poultry meat, supported by advancements in poultry farming technology that improve efficiency and profitability.
Swine, renowned for its protein content, plays a crucial role in maintaining and developing muscles, especially important for children's bone health. It contains essential nutrients like zinc, selenium, and vitamins B12 and B6, vital for immune function, making it a popular choice in Australia. The market is witnessing the development of numerous new feeds to cater to this demand.
In April 2023, Methane Tamer Beef Feedlot was launched, introducing Asparagopsis seaweed. Developed by CH4 Global, the product was designed for global expansion following its initial launch in Australia. It highlighted operational efficiencies and a natural formulation backed by peer-reviewed studies.
Market Segmentation
Australia Compound Feed Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Animal Type
- Poultry
- Ruminants
- Aquaculture
- Swine
- Others
Market Breakup by Source
- Plant-Based
- Animal-Based
Market Breakup by Ingredient
- Cake and Meals
- Cereals
- Supplements
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia compound feed market key players are Land O’Lakes, Inc., Archer Daniels Midland Company and 4Farmers Australia Pty Ltd among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Animal Type |
|
| Breakup by Source |
|
| Breakup by Ingredient |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Compound Feed Market Overview
8.1 Key Industry Highlights
8.2 Australia Compound Feed Historical Market (2018-2023)
8.3 Australia Compound Feed Market Forecast (2024-2032)
9 Australia Compound Feed Market by Animal Type
9.1 Poultry
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Ruminants
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Aquaculture
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Swine
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Australia Compound Feed Market by Source
10.1 Plant-Based
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Animal-Based
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Compound Feed Market by Ingredient
11.1 Cake and Meals
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Cereals
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Supplements
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Australia Compound Feed Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicator for Price
13.4 Key Indicator for Demand
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Land O’Lakes, Inc
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Archer Daniels Midland Cpmpany
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 4Farmers Australia Pty Ltd
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Others
15 Key Trends and Developments in the Market
16 List of Key Figures and Tables
1. Australia Compound Feed Market: Key Industry Highlights, 2018 and 2032
2. Australia Compound Feed Historical Market: Breakup by Animal Type (USD Billion), 2018-2023
3. Australia Compound Feed Market Forecast: Breakup by Animal Type (USD Billion), 2024-2032
4. Australia Compound Feed Historical Market: Breakup by Source (USD Billion), 2018-2023
5. Australia Compound Feed Market Forecast: Breakup by Source (USD Billion), 2024-2032
6. Australia Compound Feed Historical Market: Breakup by Ingredient (USD Billion), 2018-2023
7. Australia Compound Feed Market Forecast: Breakup by Ingredient (USD Billion), 2024-2032
8. Australia Compound Feed Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Australia Compound Feed Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. Australia Compound Feed Market Structure
Key Questions Answered in the Report
The market was valued at USD 4.95 billion in 2023.
The market is projected to grow at a CAGR of 3.02% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 6.50 billion in 2032.
The compound feed market is categorised according to animal type, which includes poultry, ruminants, aquaculture, swine, and others.
The players are Land O’Lakes, Inc., Archer Daniels Midland Company and 4Farmers Australia Pty Ltd among others.
Based on the source, the market is divided into animal-based and plant-based.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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