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: ETC018487 | 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 | |
Lebanon Animal Feed market currently, in 2023, has witnessed an HHI of 992, Which has increased slightly as compared to the HHI of 709 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.
Lebanon Animal Feed Market is projected to grow over the coming year. Lebanon Animal Feed Market report is a part of our periodical regional publication Middle East Animal Feed Market outlook report. 6W tracks Animal Feed market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Animal Feed Market outlook report annually.
Report Name | Lebanon Animal Feed Market |
Forecast period | 2025-2031 |
CAGR | 6% |
Growing Sector | Poultry Farming |
Lebanon 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.
Lebanon Animal Feed Market is driven by various factors such as population growth, increasing demand for meat, and a shift towards plant-based diets. The market faces several challenges, including volatility in raw material prices, fluctuating exchange rates, and concerns over the quality of feed products. However, despite these challenges, the Lebanon Animal Feed market shows signs of significant growth.
According to 6Wresearch, the Lebanon Animal Feed Market size is expected to grow at a CAGR of 6% during the forecast period of 2025-2031. The market is driven by population growth, urbanization, and changing dietary habits. As the population grows, there is an increased demand for meat, dairy, and other animal products. This increased demand for animal products creates a ripple effect that leads to a higher demand for animal feed. Additionally, with urbanization, access to farming land is becoming increasingly limited, leading to an increase in demand for high-quality animal feed to produce more output from limited land resources. However, there are several challenges that the Lebanon Animal Feed Industry faces such as volatility in raw material prices, fluctuating exchange rates, and concerns over the quality of feed products. Raw material prices are always fluctuating, and this volatility affects the animal feed industry as it relies heavily on commodities such as soybean meal, corn, and wheat.
The key trends shaping the Lebanon Animal Feed Market Growth include the shift towards more organic and natural feed products. With consumers being more health-conscious, there has been an increased demand for organic and natural feed products. The market is also shifting towards using by-products of the food industry, such as poultry or fish processing waste, to be used as animal feed. The Lebanon Animal Feed market has several opportunities for growth. With an increased demand for organic and natural feed products, this opens new markets for smaller feed producers. Additionally, with the food processing industry utilizing food waste as animal feed, this creates an opportunity for more innovative and sustainable feed options. Lastly, there is an opportunity for investment in technology and research and development to create more efficient and healthier feed products.
The Lebanon Animal Feed Market has seen significant changes over the years, with new policies and schemes introduced by the government.
The "Strategic Plan for Agriculture" policy: The Ministry of Agriculture in Lebanon has introduced a strategic plan for agriculture to boost the country's agriculture sector. One of the policies under this plan is aimed at enhancing the animal feed sector. The policy outlines the sustainability of animal feed production, ensuring high quality and safe products, supporting the use of local feed resources, and providing technical assistance to farmers.
The "Feed Manufacturing Scheme": The Ministry of Agriculture, in collaboration with the UNDP, has launched a feed manufacturing scheme aimed at enhancing the local manufacturing of animal feed. The scheme provides technical and financial assistance to farmers and entrepreneurs, with a focus on women and youth. The policy aims to support the establishment of small and medium-sized enterprises that can produce high-quality animal feed locally, thus reducing the country's reliance on imported feed.
The Lebanon Animal Feed Industry is highly competitive, with several players vying for a share of the market. Some of the leading players in this market include MEFSCO, Unifeed, and VIACOM Agriculture. These companies have established themselves in the market by providing high-quality animal feed products that meet the needs of their customers. MEFSCO, for instance, has introduced innovative products such as "MEF-ST" and "MEF-PRO," which are formulated to meet the specific nutritional needs of livestock.
The future of the Lebanon animal feed market holds promising opportunities driven by a combination of technological advancements, increasing demand for high-quality animal products, and government initiatives supporting agricultural practices. Innovations such as precision farming and nutritional genomics are expected to enhance feed efficiency, ensuring optimal growth and health of livestock. Additionally, the growing awareness among farmers about the importance of balanced nutrition will likely spur investments in fortified and specialized feed products. Government policies aimed at strengthening the agricultural sector, coupled with collaborations with international organizations, are expected to provide a robust framework for sustained market growth.
According to Swati, Senior Research Analyst, 6Wresearch, Pellets, the most common form globally, have a cylindrical shape and are more efficient in utilizing storage space and reducing waste. This segment is dominating the Lebanon Animal Feed Market Share during the forecast period. On the other hand, crumbles and mash forms are commonly used for young and small animals, as they are easier to digest.
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 Lebanon Animal Feed Market Overview |
3.1 Lebanon Country Macro Economic Indicators |
3.2 Lebanon Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Lebanon Animal Feed Market - Industry Life Cycle |
3.4 Lebanon Animal Feed Market - Porter's Five Forces |
3.5 Lebanon Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Lebanon Animal Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Lebanon Animal Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Lebanon Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lebanon Animal Feed Market Trends |
6 Lebanon Animal Feed Market, By Types |
6.1 Lebanon Animal Feed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Lebanon Animal Feed Market Revenues & Volume, By Form, 2021 - 2031F |
6.1.3 Lebanon Animal Feed Market Revenues & Volume, By Pellets, 2021 - 2031F |
6.1.4 Lebanon Animal Feed Market Revenues & Volume, By Crumbles, 2021 - 2031F |
6.1.5 Lebanon Animal Feed Market Revenues & Volume, By Mash, 2021 - 2031F |
6.1.6 Lebanon Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Lebanon Animal Feed Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Lebanon Animal Feed Market Revenues & Volume, By Poultry, 2021 - 2031F |
6.2.3 Lebanon Animal Feed Market Revenues & Volume, By Ruminants, 2021 - 2031F |
6.2.4 Lebanon Animal Feed Market Revenues & Volume, By Aqua, 2021 - 2031F |
6.2.5 Lebanon Animal Feed Market Revenues & Volume, By Swine, 2021 - 2031F |
6.2.6 Lebanon Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Lebanon Animal Feed Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Lebanon Animal Feed Market Revenues & Volume, By Acidifiers, 2021 - 2031F |
6.3.3 Lebanon Animal Feed Market Revenues & Volume, By Probiotics, 2021 - 2031F |
6.3.4 Lebanon Animal Feed Market Revenues & Volume, By Enzyme, 2021 - 2031F |
6.3.5 Lebanon Animal Feed Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
6.3.6 Lebanon Animal Feed Market Revenues & Volume, By Antibiotics, 2021 - 2031F |
6.3.7 Lebanon Animal Feed Market Revenues & Volume, By Vitamins, 2021 - 2031F |
6.3.8 Lebanon Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.3.9 Lebanon Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
7 Lebanon Animal Feed Market Import-Export Trade Statistics |
7.1 Lebanon Animal Feed Market Export to Major Countries |
7.2 Lebanon Animal Feed Market Imports from Major Countries |
8 Lebanon Animal Feed Market Key Performance Indicators |
9 Lebanon Animal Feed Market - Opportunity Assessment |
9.1 Lebanon Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Lebanon Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Lebanon Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Lebanon Animal Feed Market - Competitive Landscape |
10.1 Lebanon Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Lebanon Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |