Pakistan Animal Feed Market (2024-2030) | Trends, Outlook, Analysis, Share, Revenue, Companies, Growth, Forecast, Value, Size & Industry

Topics Covered in the Pakistan Animal Feed Market

Pakistan 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.

Pakistan Animal Feed Market Synopsis

Pakistan Animal Feed Market is an essential component of the agriculture sector. It ensures food security by providing nutritionally balanced feed to various livestock species. The animal feed market in Pakistan is segmented by form, species, and type. In Pakistan, the animal feed market is flourishing, and the government has introduced various policies and schemes to aid the growth of this industry. The animal feed sector is essential to sustain the livestock industry, and more and more players are joining the market each year.

According to 6Wresearch, the Pakistan Animal Feed Market size is projected to grow at a CAGR of 4.9% during the forecast period of 2024-2030. One of the main drivers of the market is increased demand for animal protein as the population grows. This demand has been met by the growth and development in the livestock industry. Additionally, other drivers including a rise in per capita income, urbanization, and modernization of the agricultural sector. These factors have paved the way for the expansion of the animal feed market. The Pakistan animal feed industry is moving towards the use of more innovative and nutritious raw materials. Research on genetics and breeding is on the rise as types of feeds and genetic strains evolve to meet the industry's needs. Companies are investing in technology to produce feed more efficiently, reducing production time and costs. The industry's emphasis is also on safety, quality, and transparency in feed production. The animal feed market in Pakistan offers many opportunities for growth and expansion. These include opportunities in research and development, raw materials processing and production, animal health services, and equipment manufacturing. Companies that focus on innovations that improve feed production efficiency will have more opportunities to grow. The growing middle class presents an opportunity for premium feed manufacturers. However, there are several restraints in the Pakistan animal feed market, such as high operating expenses for companies. This is due to high energy and labor costs, limited access to credit facilities, water scarcity, and poor infrastructure and logistics. Climate change also poses a challenge due to the variability in rainfall patterns and temperature fluctuations that negatively affect crop yields.

Government policies and schemes introduced in the Pakistan Animal Feed Market

The Government of Pakistan is aware of the potential of the Pakistan Animal Feed Market Growth. They have therefore introduced policies and schemes to aid the development of this industry. One such policy is the subsidy on animal feed that aims to encourage farmers to use high-quality feed for their livestock. This policy has helped to reduce the cost of feed, making it more affordable for farmers. The ‘Pesticides Registration and Control Ordinance 1971’ allows the registration and control of all products used for animal nutrition and health. The government also provides technical support to the animal feed industry. With the assistance of the Livestock and Dairy Development Board (PLDDB), the government is helping to improve the quality of animal feed and promote its safe use. Furthermore, the government provides financial assistance to entrepreneurs who are willing to invest in the animal feed industry. The primary aim is to boost the production and quality of animal feed and reduce the dependence on expensive imported products.

Leading players in the Pakistan Animal Feed Market

The animal feed market in Pakistan has several domestic and foreign players. Here are some of the leading players in the industry:

• Engro Foods
• Ali Akbar Group
• Sharif Group
• Cargill
• CP Foods
• Sanofi Animal Health

Market Analysis by Form

According to Shivani, Senior Research Analyst, 6Wresearch, Mash is the most popular form of animal feed in Pakistan, while pellets and crumbles are gaining popularity due to their nutritional advantages and ease of handling. Pellets are made by compressing the feed into small pellets, while crumbles are produced by grinding pellets to smaller sizes. The pellets are gaining immense popularity and leading the Pakistan Animal Feed Market Share over the years.

Market Analysis by Species

By Species, Poultry is the largest segment in the Pakistan animal feed market, followed by ruminants and aqua. The poultry segment is driven by the growing demand for poultry meat and eggs due to the increasing population and changing dietary habits.

Market Analysis by Type

By Type, vitamins and minerals are the most widely used types of feed additives in Pakistan due to their essential role in animal health and performance.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Pakistan Animal Feed Market Outlook
• Market Size of Pakistan Animal Feed Market, 2023
• Forecast of Pakistan Animal Feed Market, 2030
• Historical Data and Forecast of Pakistan Animal Feed Revenues & Volume for the Period 2020 - 2030
• Pakistan Animal Feed Market Trend Evolution
• Pakistan Animal Feed Market Drivers and Challenges
• Pakistan Animal Feed Price Trends
• Pakistan Animal Feed Porter's Five Forces
• Pakistan Animal Feed Industry Life Cycle
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Form for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Pellets for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Crumbles for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Mash for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Species for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Poultry for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Ruminants for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Aqua for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Swine for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Acidifiers for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Probiotics for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Enzyme for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Antioxidants for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Antibiotics for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Vitamins for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Minerals for the Period 2020 - 2030
• Historical Data and Forecast of Pakistan Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Pakistan Animal Feed Import Export Trade Statistics
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Species
• Market Opportunity Assessment By Type
• Pakistan Animal Feed Top Companies Market Share
• Pakistan Animal Feed Competitive Benchmarking By Technical and Operational Parameters
• Pakistan Animal Feed Company Profiles
• Pakistan Animal Feed Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Form

• Pellets
• Crumbles
• Mash
• Others

By Species

• Poultry
• Ruminants
• Aqua
• Swine
• Others

By Type

• Acidifiers
• Probiotics
• Enzyme
• Antioxidants
• Antibiotics
• Vitamins
• Minerals
• Others

Frequently Asked Questions About the Market Study (FAQs):