UAE Animal Feed Market Research Report, 2027

UAE Animal Feed Market Research Report, 2027

Actual Market Research 27-07-2022 68 Pages Figures : 9 Tables : 25 Region : MEA Country : United Arab Emirates Category : Food & Beverages Agriculture

UAE has less numbers of livestock farming as compared to other countries of the Middle East & Africa region. The cattle’s here are fed specially grown grass and additional nutrients and vitamins are added in other feeds. Unlike other countries they are left to graze in the open fields. Most poultry farms are located in Abu Dhabi with 70% produce coming from them. The Abu Dhabi agriculture department has announced US$ 272 million investments to support expansion of poultry farms in the country. The UAE’s climatic condition makes it undesirable to produce wheat, barley, rice, corn due to extreme heat, low rainfall and the prevalence of desert like conditions. As a result of which it heavily relies on imports for animal as well as its raw materials from other countries. These grains are exempt from the import duty in UAE as the government encourages free trade to promote UAE as the regional centre for trade of GCC Council. According to the research report "UAE Animal Feed Market Overview, 2027" published by Actual Market Research (AMR), it is expected to grow at a CAGR of 3.03% over the forecast period. The poultry feed and aqua feed constitute for nearly 95% of the market share. Cereals are the most used ingredient fed to animals and supplements are expected to grow in demand with the rise in animal diseases. Pellet and mash are the common forms to feed animals. UAE feed additives market has been exhibiting substantial growth in the recent years due to setting up of new feed mills and expansion of existing ones. The demand for good quality meat is expected to grow further at a significant rate over the coming years. Stringent Regulations have been imposed on Animal Husbandry which restricts the market growth. Industrialization of animal farming has led to an increase in the demand for protein-rich animal feed ingredients. United Arab Emirates (UAE) Animal Feed Market is anticipated to project substantial growth during the forthcoming period owing to the increasing imports of grain and feed. Rise in disposable income backed by improvement in standard of living has led to the shift towards high nutrition value food further leading to the United Arab Emirates Animal Feed Market Growth. Additionally, increasing consumption of milk, meat and animal-based products beholds the development of the Animal Feed Market in United Arab Emirates. Rising health consciousness and increasing adoption of vegan diet is boosting the growth of the market. Increasing concentration towards the livestock health is adding to the UAE Animal Feed Market Share. However, the global health emergency caused due to the outburst of coronavirus has led to the negative growth of the market. Worldwide restriction on movement of goods backed by shutting down of retail units led to the hindrance in supply chain of animal feed further leading to the declining growth of the United Arab Emirates Animal Feed Market. The poultry segment acquired the largest market in the Middle East due to consumer taste preferences. Additionally, the efflux of camel-milk based products, including energy drinks, milk powder and ice cream is responsible for the growth of feed additives market in UAE. Some of the major players in the UAE Feed Additives Market are Cargill Inc., Alltech Inc., Chr. Hansen Middle East & Africa FZ-LLC and BASF SE. Market Opportunities- Food Insecurity and the Growing Challenge of Feeding the Burgeoning Population Base Future Trends - Growing Demand for Organic and Clean Label Animal Feed Products The covid-19 pandemic has expelled many opportunities in Animal Feed market. The manufacturers have faced a drastic fall down in transportation of raw materials on time, lack of supply chain systems have impacted the growth of animal feed market Moreover, consumer knowledge of illnesses that affect livestock animals, such as foot and mouth disease, has heightened worries about meat quality and safety, prompting the adoption of high-quality feed components. Overlapping demand for main grains like barley, maize, and wheat from other commercial applications including biofuel and food sectors is projected to limit market expansion in the coming years. However, there has been a significant increase in partnerships and M&A among market participants in recent years, growing brand portfolios, gaining access to regional markets, and providing relevant benefits, all of which are expected to fuel product demand. Cereals and Soybean form the backbone of the compound feed industry. Large meat-consuming population and presence of poultry and cattle meats in the local cuisines have helped the market to thrive in the region. Growing government pressure to enhance the domestic meat production has also helped significantly for the compound feed market in the region to rise locally. Advancements in biotechnology in the region have permitted the use of non-toxic fungi to enhance the quality and overall protein content of straw and other poor quality roughages. Increased street food culture, changing food habits and increased financial stability of the middle class has also shaped the meat industry, thus affecting the compound feeds segment. The health risks associated with certain antibiotics as growth promoters, in the compound feed, is expected to open new business opportunities for the animal feed market. However, COVID-19 has caused some problems and changes in the feed industry, like many other industries, and the U.S. feed industry is no exception. It had a negative impact due to disruptions in supply chain activities caused by global trade restrictions. A sharp drop in demand for restaurant meals and an increase in demand for grocery store food, combined with certain challenges in reorienting meat supply networks, resulted in a surge in retail meat prices and occasional grocery store stock-outs of specific meat products. Lower demand for cattle and supplies of beef and pork resulted from the drop in demand. Considered in this report: • Geography: UAE • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • UAE animal feed market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Ingredients in the report: • Cereals • By-Products • Cakes & Meals • Supplements By Livestock in the report: • Cattle Feeds • Poultry Feeds • Pig Feeds • Aqua Feeds By Form in the report: • Pellet • Mash • Crumbles • Cubes & Cakes By Source in the report: • Animal based • Plant-based The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Animal Feed Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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