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: ETC018486 | 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 | |
Jordan Animal Feed market currently, in 2023, has witnessed an HHI of 848, Which has increased slightly as compared to the HHI of 835 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.
Report Name | Jordan Animal Feed Market |
Forecast period | 2025-2031 |
CAGR | 5.7% |
Growing Sector | Poultry |
Jordan Animal Feed Market report thoroughly covers the market by form, by species, and by 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.
Jordan Animal Feed Market is witnessing steady growth due to the increasing demand for meat, poultry, and dairy products. The government's support and the country's favorable location and climate conditions are significant drivers of Jordan Animal Feed Market Growth. However, there are challenges to be addressed, such as the high cost of raw materials and the lack of proper infrastructure and storage facilities. Manufacturers and investors can leverage emerging trends, such as sustainable feed production and the demand for natural feed additives, to capitalize on the market's opportunities. Overall, the market is a potential growth area for both domestic and international investors.
According to 6Wresearch, the Jordan Animal Feed Market Size is anticipated to grow at a significant CAGR of 5.7% over the forecast period 2025-2031. The government's support towards the animal feed industry is driving the market growth. The government has been providing subsidies for animal feed manufacturing companies to import raw materials at competitive prices. Additionally, the increasing demand for meat, poultry, and dairy products has led to the growth of the animal feed market in the country. The growing population and rapid urbanization are also driving the demand for animal feed in Jordan.
One of the significant challenges faced by the Jordan Animal Feed Industry is the high cost of raw materials, which affects the profit margins of feed manufacturers. The lack of proper infrastructure and storage facilities is also hindering the Jordan animal feed market growth. The quality of raw materials is not consistent, leading to deviations in feed formulation and, ultimately, affecting animal health and productivity. The increasing demand for organic and natural feed supplements is one of the emerging trends in the Jordan animal feed market. Due to health concerns, consumers are demanding animal products that are free from antibiotics, growth hormones, and other harmful chemicals. The trend towards sustainable animal feed production is also gaining popularity, leading to the adoption of eco-friendly and bio-based feed ingredients.
The government has introduced several policies and schemes to incentivize the animal feed industry in the country. One of these is the animal feed subsidy scheme, which was launched to provide affordable and high-quality animal feed to farmers. The scheme has been highly successful, and it has helped increase the productivity and profitability of farmers in the country. Another scheme introduced by the government is the agricultural credit scheme, which provides easy access to credit to farmers. This has encouraged many farmers to invest in the animal feed industry, thereby increasing its growth and development. The government has also taken steps to regulate the animal feed industry in the country. It has introduced several regulations to ensure that the feed produced is of high quality and is safe for consumption by animals. This has created a positive image of the animal feed industry in the country and has attracted foreign investments.
Several leading players have emerged in the Jordan Animal Feed Market over the years. One of these is the Jordanian Company for Animal Products (JCAP), which is one of the largest manufacturers and distributors of animal feed in the country. Another leading player is Jordan Agricultural Research and Extension Center (JAREC), which is responsible for carrying out research and development activities in the animal feed industry. Other prominent players in the market include Unifeed Jordan, Jordan Feed Company, and Al Jazeera Agricultural Company.
The Jordan animal feed market is anticipated to witness substantial growth in the coming years, driven by the increasing demand for quality meat and dairy products, which necessitates higher and more efficient feed consumption. Additionally, advancements in feed technology, such as the development of nutritionally enhanced feed formulations, are expected to contribute significantly to market expansion. Furthermore, government initiatives aimed at supporting the agricultural sector and improving livestock productivity will likely boost the market.
According to Shubham, Senior Research Analyst, 6Wresearch, Poultry is the largest segment in the Jordan animal feed market and has the highest growth potential. This segment is predicted to grow at highest CAGR due to the high demand for chicken meat and eggs in the country. The poultry segment is followed by ruminants and aqua.
By Type, the probiotics segment is expected to dominate the Jordan Animal Feed Market Share during the forecast period on account of increasing awareness among farmers regarding the benefits of probiotics.
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 Jordan Animal Feed Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Jordan Animal Feed Market - Industry Life Cycle |
3.4 Jordan Animal Feed Market - Porter's Five Forces |
3.5 Jordan Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Jordan Animal Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Jordan Animal Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Jordan Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Jordan Animal Feed Market Trends |
6 Jordan Animal Feed Market, By Types |
6.1 Jordan Animal Feed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Jordan Animal Feed Market Revenues & Volume, By Form, 2021 - 2031F |
6.1.3 Jordan Animal Feed Market Revenues & Volume, By Pellets, 2021 - 2031F |
6.1.4 Jordan Animal Feed Market Revenues & Volume, By Crumbles, 2021 - 2031F |
6.1.5 Jordan Animal Feed Market Revenues & Volume, By Mash, 2021 - 2031F |
6.1.6 Jordan Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Jordan Animal Feed Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Jordan Animal Feed Market Revenues & Volume, By Poultry, 2021 - 2031F |
6.2.3 Jordan Animal Feed Market Revenues & Volume, By Ruminants, 2021 - 2031F |
6.2.4 Jordan Animal Feed Market Revenues & Volume, By Aqua, 2021 - 2031F |
6.2.5 Jordan Animal Feed Market Revenues & Volume, By Swine, 2021 - 2031F |
6.2.6 Jordan Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Jordan Animal Feed Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Jordan Animal Feed Market Revenues & Volume, By Acidifiers, 2021 - 2031F |
6.3.3 Jordan Animal Feed Market Revenues & Volume, By Probiotics, 2021 - 2031F |
6.3.4 Jordan Animal Feed Market Revenues & Volume, By Enzyme, 2021 - 2031F |
6.3.5 Jordan Animal Feed Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
6.3.6 Jordan Animal Feed Market Revenues & Volume, By Antibiotics, 2021 - 2031F |
6.3.7 Jordan Animal Feed Market Revenues & Volume, By Vitamins, 2021 - 2031F |
6.3.8 Jordan Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.3.9 Jordan Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
7 Jordan Animal Feed Market Import-Export Trade Statistics |
7.1 Jordan Animal Feed Market Export to Major Countries |
7.2 Jordan Animal Feed Market Imports from Major Countries |
8 Jordan Animal Feed Market Key Performance Indicators |
9 Jordan Animal Feed Market - Opportunity Assessment |
9.1 Jordan Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Jordan Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Jordan Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Jordan Animal Feed Market - Competitive Landscape |
10.1 Jordan Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Jordan Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |