Market Forecast By Feed Type (Complete Feed, Concentrates, Premix), By Type (Broilers, Layers, Turkey, Chicken Feed, Duck Feed, Geese Feed), By Form (Mash, Pellets, Crumbles, Others), By Applications (Farm, Household, Others) And Competitive Landscape
Product Code: ETC032406 | Publication Date: Jun 2023 | Updated Date: Oct 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Jordan Poultry Feed Market |
Forecast Period | 2024-2030 |
Market Size | USD 205 Million – 348 Million |
CAGR | 10.2% |
Growing Sector | Poultry |
The Jordan Poultry Feed market report thoroughly covers the market by feed type, by type, by form and by application. The report provides an unbiased and detailed analysis of the on-going 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.
The Jordan Poultry Feed market was valued at approximately $205 million in 2024 and is projected to reach around $348 million by 2030, growing at a compound annual growth rate (CAGR) of around 10.2% during this period. Additionally, the farm application leads the overall market.
The Jordan Poultry Feed Market is a vital segment of the country's agricultural sector, driven by the rising demand for poultry products due to increasing population and consumer preferences for meat and eggs. The market is characterized by a variety of feed formulations, including broiler, layer, and breeder feeds, primarily made from grains, proteins, vitamins, and minerals. Key players include local manufacturers and importers, who contribute to the market's growth amid challenges such as fluctuating raw material prices and regulatory standards. Furthermore, advancements in feed technology and a focus on sustainable practices are shaping the market landscape, aiming to enhance feed efficiency and animal health while meeting the nutritional needs of poultry.
According to 6Wresearch, Jordan Poultry Feed market size is projected to grow at a CAGR of 10.2% during 2024-2030. The growth of the Jordan Poultry Feed Market is driven by several factors, including the increasing demand for poultry products driven by population growth and changing dietary preferences favoring protein-rich foods. The government’s support for the agricultural sector through initiatives and subsidies encourages investments in poultry farming, thus boosting feed consumption. Additionally, advancements in feed formulations and technologies are improving feed efficiency and animal health, leading to higher productivity in poultry farming.
However, the Jordan Poultry Feed industry faces challenges such as fluctuating prices of raw materials, particularly grains and protein sources, which can impact production costs. Regulatory compliance regarding feed safety and quality standards also poses challenges for manufacturers. Furthermore, issues like water scarcity and limited agricultural land may affect the availability of locally sourced feed ingredients, necessitating increased reliance on imports and further complicating market dynamics.
The Jordan Poultry Feed Market features several key companies that play a significant role in feed production and supply. Prominent players include Al-Hikma Feed Mill, known for its diverse range of high-quality feed products tailored to different poultry species, and Arab Agricultural Services Company (AASC), which focuses on providing innovative feed solutions and comprehensive agricultural services. Jordan Feed Company is another major entity, recognized for its commitment to sustainable practices and advanced feed technology. Additionally, some of these players hold majority of the Jordan Poultry Feed market share. Moreover, Fakhruddin Group is involved in poultry feed production, offering a variety of formulations to meet the nutritional needs of livestock. These companies are continually adapting to market trends and consumer demands, contributing to the overall growth and development of the poultry feed sector in Jordan.
The Jordanian government implements various regulations governing the poultry feed sector to ensure food safety, quality, and environmental sustainability. The Ministry of Agriculture oversees the registration and approval of feed ingredients, additives, and products to comply with national and international standards. Key regulations include mandatory labeling requirements that provide consumers with information on nutritional content, ingredient sourcing, and potential allergens. Additionally, strict guidelines govern the use of veterinary drugs and hormones in feed to safeguard animal health and ensure the safety of poultry products for consumers. Further, these initiatives have further boosted the Jordan Poultry Feed market revenues. Further, the government also promotes best practices in feed production, encouraging adherence to Good Manufacturing Practices (GMP) and Hazard Analysis Critical Control Points (HACCP) standards to mitigate risks in the feed supply chain. Regular inspections and monitoring help enforce these regulations, thereby fostering a safe and responsible poultry feed market in Jordan.
The future of the Jordan Poultry Feed Market appears promising, driven by several emerging trends and consumer demands. As the population continues to grow, the demand for poultry products is expected to rise, leading to increased consumption of poultry feed. Innovations in feed technology, including precision nutrition and the incorporation of alternative protein sources, are likely to enhance feed efficiency and sustainability, thereby reducing production costs and environmental impacts.
Furthermore, the shift towards organic and non-GMO feed options will open new market segments, catering to health-conscious consumers. As regulatory frameworks evolve to prioritize food safety and quality, companies that adapt to these changes will gain a competitive edge. Additionally, the growing interest in aquaculture could create synergies between the poultry and fish feed markets, presenting further growth opportunities. Overall, the Jordan Poultry Feed Market is poised for growth, characterized by innovation, sustainability, and responsiveness to consumer preferences.
According to Ravi Bhandari, Research Head, 6Wresearch, farm application growth in the Jordan Poultry Feed Market is significantly influenced by advancements in agricultural practices and the increasing adoption of technology in poultry farming. As farmers seek to optimize production efficiency, there is a growing emphasis on using specialized feed formulations tailored to specific poultry types, enhancing growth rates and feed conversion ratios. The integration of precision farming techniques, such as data analytics and IoT devices, allows farmers to monitor animal health and nutrition more effectively, leading to improved feed management and overall farm productivity. Additionally, the expansion of commercial poultry operations is driving demand for high-quality feeds that support large-scale production while maintaining animal welfare standards.
The growth of chicken feed types in the Jordan Poultry Feed Market is characterized by an increasing demand for specialized formulations that cater to the distinct nutritional needs of various poultry categories, such as broilers, layers, and breeders. As consumer preferences shift towards higher-quality poultry products, farmers are investing in feed that enhances growth rates, egg production, and overall health of the birds. Notably, there is a rising trend in the adoption of organic and non-GMO chicken feed, reflecting a broader consumer interest in health and sustainability. Additionally, the incorporation of innovative feed additives, such as probiotics and enzymes, is gaining traction to improve digestion and nutrient absorption, further driving the demand for diverse and advanced chicken feed types.
The Jordan Poultry Feed market report provides a detailed analysis of the following 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 Poultry Feed Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Poultry Feed Market Revenues & Volume, 2020 & 2030F |
3.3 Jordan Poultry Feed Market - Industry Life Cycle |
3.4 Jordan Poultry Feed Market - Porter's Five Forces |
3.5 Jordan Poultry Feed Market Revenues & Volume Share, By Feed Type, 2020 & 2030F |
3.6 Jordan Poultry Feed Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Jordan Poultry Feed Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.8 Jordan Poultry Feed Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Jordan Poultry Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Jordan Poultry Feed Market Trends |
6 Jordan Poultry Feed Market, By Types |
6.1 Jordan Poultry Feed Market, By Feed Type |
6.1.1 Overview and Analysis |
6.1.2 Jordan Poultry Feed Market Revenues & Volume, By Feed Type, 2020 - 2030F |
6.1.3 Jordan Poultry Feed Market Revenues & Volume, By Complete Feed, 2020 - 2030F |
6.1.4 Jordan Poultry Feed Market Revenues & Volume, By Concentrates, 2020 - 2030F |
6.1.5 Jordan Poultry Feed Market Revenues & Volume, By Premix, 2020 - 2030F |
6.2 Jordan Poultry Feed Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Jordan Poultry Feed Market Revenues & Volume, By Broilers, 2020 - 2030F |
6.2.3 Jordan Poultry Feed Market Revenues & Volume, By Layers, 2020 - 2030F |
6.2.4 Jordan Poultry Feed Market Revenues & Volume, By Turkey, 2020 - 2030F |
6.2.5 Jordan Poultry Feed Market Revenues & Volume, By Chicken Feed, 2020 - 2030F |
6.2.6 Jordan Poultry Feed Market Revenues & Volume, By Duck Feed, 2020 - 2030F |
6.2.7 Jordan Poultry Feed Market Revenues & Volume, By Geese Feed, 2020 - 2030F |
6.3 Jordan Poultry Feed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Jordan Poultry Feed Market Revenues & Volume, By Mash, 2020 - 2030F |
6.3.3 Jordan Poultry Feed Market Revenues & Volume, By Pellets, 2020 - 2030F |
6.3.4 Jordan Poultry Feed Market Revenues & Volume, By Crumbles, 2020 - 2030F |
6.3.5 Jordan Poultry Feed Market Revenues & Volume, By Others, 2020 - 2030F |
6.4 Jordan Poultry Feed Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Jordan Poultry Feed Market Revenues & Volume, By Farm, 2020 - 2030F |
6.4.3 Jordan Poultry Feed Market Revenues & Volume, By Household, 2020 - 2030F |
6.4.4 Jordan Poultry Feed Market Revenues & Volume, By Others, 2020 - 2030F |
7 Jordan Poultry Feed Market Import-Export Trade Statistics |
7.1 Jordan Poultry Feed Market Export to Major Countries |
7.2 Jordan Poultry Feed Market Imports from Major Countries |
8 Jordan Poultry Feed Market Key Performance Indicators |
9 Jordan Poultry Feed Market - Opportunity Assessment |
9.1 Jordan Poultry Feed Market Opportunity Assessment, By Feed Type, 2020 & 2030F |
9.2 Jordan Poultry Feed Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Jordan Poultry Feed Market Opportunity Assessment, By Form, 2020 & 2030F |
9.4 Jordan Poultry Feed Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Jordan Poultry Feed Market - Competitive Landscape |
10.1 Jordan Poultry Feed Market Revenue Share, By Companies, 2023 |
10.2 Jordan Poultry Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |