How Product Portfolio of Top 10 Compound Feed Companies are Offering High-Protein Diets for Animal Husbandry

Compound feed is formulated to meet varying growth stages, physiological needs, and production purposes of animals. It is created through the scientific blending of different feed sources in specific proportions and processed according to prescribed methods, including nutrition evaluation and experimentation. The increasing popularity of high-protein diets worldwide fuels the demand for animal proteins. This trend indicates a parallel rise in demand for compound feed, which serves as a vital component for sustainable animal production and growth in animal husbandry. Livestock farmers worldwide prioritize animal health, crucial for eradicating hunger, sustaining food production, and promoting human health. Additionally, animal products serve as a significant income source for many small-scale farmers in developing nations.

As per a report by Fortune Business Insights™, the market for compound feed was valued at USD 556.59 billion in 2023 and is expected to increase from USD 583.03 billion in 2024 to USD 881.18 billion by 2032, with a CAGR of 5.30% during the 2024-2032 period.

Fortune Business Insights™ Profiles Top 10 Key Players/Companies in the Compound Feed Market

1. Charoen Pokphand Foods PCL

Charoen Pokphand Foods PCL is one of the world’s largest feed manufacturers and top compound feed companies, operating through three business segments: food, feed, and farm and processing. The food segment produces and distributes processed meat products through various channels such as retail, food courts, and wholesale. With manufacturing bases in 15 countries, including China, Vietnam, the U.S., and Thailand, its feed business is primarily based in Asian countries such as Vietnam, India, Philippines, Malaysia, and Thailand.

2. New Hope Group

New Hope Liuhe Co., Ltd., a leading Chinese enterprise in food processing and agriculture solutions, was formed in 2005 through the merger of Liuhe Group and New Hope Group. It specializes in animal feed, meat processing, financial investments, and livestock breeding, operating in nearly 20 countries including Egypt, Vietnam, and Bangladesh. The company sells around 15 million tons of feed annually.

3. Cargill, Inc.

Cargill Inc., a U.S.-based agribusiness conglomerate, excels in processing and distributing meat, oilseeds, sugar, grains, cotton, compound feed, and various food products. It also supplies natural ingredients for animal feed, personal care products, and pet food, and produces sweeteners, ethanol, biodiesel, and starch. Cargill's brand portfolio includes Provimi, Diamond V, Nutrena, Purina, and EWOS, with operations across Europe, the Asia Pacific, and the Middle East & Africa. In October 2021, Cargill and BASF expanded their partnership to develop enzyme products aimed at reducing nutrient waste, promoting animal growth, and enhancing feed efficiency.

4. Land O’ Lakes, Inc.

Land O'Lakes, Inc., a leading U.S. agribusiness and food company, operates through key brands including Purina Animal Nutrition, LAND O LAKES Dairy Foods, WinField Solutions, and Land O’Lakes SUSTAIN. The company has a presence in all 50 U.S. states and over 60 countries worldwide. In 2022, Land O'Lakes achieved USD 19 billion in revenue and USD 248 million in net earnings. In August 2023, the company, together with the EPA and The Hershey Company, committed USD 2 million to support dairy farmers in its eastern region. This initiative, in collaboration with the Alliance for the Chesapeake Bay, aims to enhance environmental practices among local dairy farmers.

5. Guangdong HAID Group Co., Ltd.

Guangdong HAID Group Co., Ltd., a Chinese animal husbandry and agricultural enterprise, specializes in producing and distributing livestock feed and aquatic products. The company operates nearly 600 subsidiaries globally, along with a research center and over ten manufacturing plants.  It has invested over USD 250 million in its R&D center.

6. BRF S.A.

BRF S.A., a prominent Brazilian food and feed manufacturer, operates across 100 global markets, offering a diverse array of products from animal feed to processed foods. Headquartered in Brazil, it features well-known brands such as Sadia and Qualy. BRF S.A. plays a significant role in Brazil's food and feed industry. In collaboration with Saudi Arabia’s Public Investment Fund (PIF), it inked a memorandum of understanding to establish a joint venture centered on poultry products in Saudi Arabia, with BRF holding 70% ownership and PIF holding the remaining 30%.

7. Tyson Foods, Inc.

One of the top compound feed companies; Tyson Foods, Inc., a global food powerhouse, holds a vast brand portfolio featuring names such as Jimmy Dean, Tyson, and Wright. With its headquarters in Arkansas and a workforce of approximately 139,000, the company operates seamlessly across segments such as compound feed, beef, chicken, prepared foods, and pork. Its integrated operations cover everything from feed production to processing and distribution. Tyson's reach extends worldwide, with key markets including Saudi Arabia, China, and Mexico. Notably, in the fourth quarter of 2022, Tyson Foods, Inc. made a strategic move by acquiring a 35% minority stake in a fully integrated South American poultry company for nearly USD 100 million.

8. Nutreco

Nutreco N.V., based in the Netherlands, specializes in animal nutrition, fish feed, and processed meat products, with nearly 100 production facilities and eight research centers spread across over 30 countries worldwide. Established in 1994, Nutreco N.V. was acquired by SHV Holdings in 2015. In 2016, it introduced MicroBalance, the first marine raw material-free aqua feed. In February 2023, Nutreco acquired a minority stake in BiomEdit, formed a collaboration to produce innovative feed additives using microbiome technology.

9. De Heus Animal Nutrition

De Heus Animal Nutrition, based in the Netherlands, produces premixes, compound feed, and feed specialties for poultry, swine, aquaculture, and ruminants. With over 80 manufacturing sites in 20+ countries, its products are distributed in 75+ countries including Brazil, the Netherlands, and Germany. In Vietnam, De Heus entered a strategic agreement with Masan to acquire 100% control of MNS Feed, comprising thirteen feed mills and one premix plant, bolstering its presence in Southeast Asia.

10. ForFarmers

ForFarmers, a Dutch conglomerate, offers cutting-edge feed solutions for both organic and conventional livestock farming. With a significant presence in Europe, it sells 9 million tonnes of animal feed annually. Operating mainly in the U.K., the Netherlands, Belgium, Germany, and Poland, the company generated approximately USD 3.6 billion in revenue in 2022.

How High-protein Diets Drives the Need for Sustainable Compound Feed

Compound feed production plays a pivotal role in meeting the increasing global demand for animal proteins. Its scientific formulation caters to diverse growth stages and production objectives, ensuring optimal nutrition for livestock. As high-protein diets gain traction worldwide, the demand for compound feed is poised to escalate further. This trend underscores the critical role of animal husbandry in addressing hunger, sustaining food security, and supporting livelihoods, particularly in developing nations. Emphasizing animal health and sustainable production practices is essential for ensuring a resilient and equitable food system.