Kazakhstan Animal Feed Market Revenues is projected to grow at a CAGR of 3.6% during 2024-2030

Poultry segment by Species held the highest revenue share in Kazakhstan Animal Feed Market -6Wresearch

In 2023, poultry held the highest revenue share in Kazakhstan animal feed market due to increasing demand for poultry meat and eggs, supported by efficient farming practices and shorter production cycles that have significantly boosted poultry farming productivity and expanded the poultry population. Additionally, the growing consumer preference for affordable protein sources, such as poultry products, further reinforced the sector's prominent position.

According to 6Wresearch, Kazakhstan Animal Feed Market Revenues is projected to grow at a CAGR of 3.6% during 2024-2030.  Animal feed market in Kazakhstan has been experiencing growth in recent years driven by growing demand for meat and dairy products, fueled by population growth and rising income, which in turn has boosted the demand for animal feed by increasing the need for livestock production. In parallel to this, in 2023, the government allocated $195.23 million (100 billion tenge) to establish 65 dairy farms, which increased the demand for high-quality animal feed. Additionally expanding livestock sector with cattle population grew by 4.2%, sheep by 4.8%, horses by 10.5%, camels by 6.5%, and poultry by 4% in 2022, further fueled animal feed market growth.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, Pellets hold majority of the volume share in animal feed market as they cater to a wide range of species, including poultry, ruminants, and aquaculture. Their uniform size, ease of transport, and long shelf life make them an attractive option for large-scale farming operations. Farmers prefer pellets for their ability to provide consistent nutrition and reduce feed wastage, which is especially crucial for high-demand livestock sectors like poultry and cattle.

Kazakhstan Animal Feed Market (2024-2030) report provides an in-depth analysis with 18 figures and 5 tables, covered in 69 pages. The report thoroughly covers market by form and species. Kazakhstan Animal Feed Market outlook report provides an unbiased and detailed analysis of the on-going Kazakhstan Animal Feed 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.