Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
Product Code: ETC018493 | Publication Date: Oct 2020 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Morocco Animal Feed market currently, in 2023, has witnessed an HHI of 1327, Which has increased slightly as compared to the HHI of 1288 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Morocco Animal Feed Market report thoroughly covers the market by form, species, and type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Morocco Animal Feed Market continues to grow, driven by the demand for quality meat and dairy products, diverse livestock population, and government support. Morocco is a country situated in the northwestern corner of Africa. Known for its rich culture, vibrant cities, and beautiful coastlines, it is also home to a thriving animal feed market. In recent years, the demand for animal feed has grown exponentially in Morocco, with more and more farmers turning to animal feed to improve productivity and quality.
According to 6Wresearch, the Morocco Animal Feed Market size is projected to grow by 5.6% during the forecast period of 2025-2031. The market is driven by growing demand for quality meat and dairy products, increasing awareness among farmers about the benefits of animal feed, and government support for the agriculture sector. Additionally, the country has a diverse population of livestock, including cattle, poultry, sheep, and goats, which further fuels the demand for animal feed. Despite the growth opportunities, the Morocco animal feed market faces several challenges. These include rising costs of raw materials, lack of quality control, and the limited availability of locally produced feed ingredients. Moreover, the lack of standardization in the industry poses a considerable challenge for farmers to choose the right feed for their livestock, which often leads to the wrong feeding practices, leading to a decrease in livestock productivity.
The animal feed market in Morocco also faces a range of threats, including changes in climate, fluctuations in feed prices, and the high incidence of animal diseases. The country's unpredictable weather patterns have an adverse impact on feed production and availability, leading to price hikes, which directly affect farmers. Apart from this, the trends in the Morocco animal feed market are toward the incorporation of value-added feed ingredients such as herbs, natural additives like enzymes, probiotics, and prebiotics that help in improving animal health. Furthermore, there has been a trend towards sustainable practices in animal feed production, with farmers preferring locally sourced, organic feed ingredients over artificial ones. Despite challenges and threats, the Morocco animal feed industry presents various growth opportunities for suppliers and manufacturers in various sectors. The agriculture sector in Morocco accounts for about 16% of the country's GDP, and there is a significant demand for animal feed. There is an opportunity for manufacturers to cater to the growing demand and improve their products' quality and standardization, which will further enhance the Morocco Animal Feed Market Growth.
Morocco is a leading market in the animal feed industry. It has shown a consistent growth rate in recent years, and the government policies and schemes introduced in the market have been a key contributor. The government has implemented several initiatives to help the industry grow and maintain a competitive edge in the global market.
The National Program for Poultry and Livestock Production was launched in 2011 by the Moroccan government, with the aim of developing a modern, competitive, and sustainable livestock sector. The program includes initiatives that support animal feed manufacturers, such as improving the supply of raw materials and providing financial support. The program also seeks to improve the quality and quantity of animal feed produced in the country.
The Green Plan was introduced in 2008, with the objective of modernizing the agricultural sector in Morocco. The initiative prioritizes investments in agriculture, such as irrigation and animal feed production. Under this scheme, the government has been providing various subsidies to farmers and feed manufacturers to encourage them to invest in modern technology and machinery.
The National Strategic Plan for Agriculture was launched in 2020, with the goal of improving the competitiveness and sustainability of Moroccan agriculture. The plan has several components, one of which is focused on the animal feed industry. The plan aims to increase the production of animal feed and improve the quality of feed produced in the country.
The Morocco Animal Feed Market Share is dominated by several leading players such as Cargill, Purina, Provimi, and Alltech. Cargill is known for manufacturing and marketing high-quality animal feed products, while Purina is known for providing nutritional feed solutions for different animal species. Provimi is recognized for its broad range of premixes and additives, while Alltech is recognized for its unique approach to animal nutrition, that incorporates bio-molecular and organic techniques.
According to Shivankar, Research Manager, 6Wresearch, pellets are the most popular form of animal feed in Morocco and account for a significant share of the market. Pellets are often preferred for their ease of storage and handling.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Morocco Animal Feed Market Overview |
3.1 Morocco Country Macro Economic Indicators |
3.2 Morocco Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Morocco Animal Feed Market - Industry Life Cycle |
3.4 Morocco Animal Feed Market - Porter's Five Forces |
3.5 Morocco Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Morocco Animal Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Morocco Animal Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Morocco Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Morocco Animal Feed Market Trends |
6 Morocco Animal Feed Market, By Types |
6.1 Morocco Animal Feed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Morocco Animal Feed Market Revenues & Volume, By Form, 2021 & 2031F |
6.1.3 Morocco Animal Feed Market Revenues & Volume, By Pellets, 2021 & 2031F |
6.1.4 Morocco Animal Feed Market Revenues & Volume, By Crumbles, 2021 & 2031F |
6.1.5 Morocco Animal Feed Market Revenues & Volume, By Mash, 2021 & 2031F |
6.1.6 Morocco Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
6.2 Morocco Animal Feed Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Morocco Animal Feed Market Revenues & Volume, By Poultry, 2021 & 2031F |
6.2.3 Morocco Animal Feed Market Revenues & Volume, By Ruminants, 2021 & 2031F |
6.2.4 Morocco Animal Feed Market Revenues & Volume, By Aqua, 2021 & 2031F |
6.2.5 Morocco Animal Feed Market Revenues & Volume, By Swine, 2021 & 2031F |
6.2.6 Morocco Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
6.3 Morocco Animal Feed Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Morocco Animal Feed Market Revenues & Volume, By Acidifiers, 2021 & 2031F |
6.3.3 Morocco Animal Feed Market Revenues & Volume, By Probiotics, 2021 & 2031F |
6.3.4 Morocco Animal Feed Market Revenues & Volume, By Enzyme, 2021 & 2031F |
6.3.5 Morocco Animal Feed Market Revenues & Volume, By Antioxidants, 2021 & 2031F |
6.3.6 Morocco Animal Feed Market Revenues & Volume, By Antibiotics, 2021 & 2031F |
6.3.7 Morocco Animal Feed Market Revenues & Volume, By Vitamins, 2021 & 2031F |
6.3.8 Morocco Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
6.3.9 Morocco Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
7 Morocco Animal Feed Market Import-Export Trade Statistics |
7.1 Morocco Animal Feed Market Export to Major Countries |
7.2 Morocco Animal Feed Market Imports from Major Countries |
8 Morocco Animal Feed Market Key Performance Indicators |
9 Morocco Animal Feed Market - Opportunity Assessment |
9.1 Morocco Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Morocco Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Morocco Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Morocco Animal Feed Market - Competitive Landscape |
10.1 Morocco Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Morocco Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |