Egypt Animal Feed Market By Type (Swine Animal Feed, Poultry Animal Feed, Ruminant Feed, Aquatic Feed, Others), By Product (Fodder, Forage, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Animal Feed Market By Type (Swine Animal Feed, Poultry Animal Feed, Ruminant Feed, Aquatic Feed, Others), By Product (Fodder, Forage, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F
Egypt Animal Feed market is expected to grow impressively through 2028 owing to the increasing population and urbanization in the country. In 2019, the production volume of buffaloes amounted to about 3.48 million heads.
Animal feed is a crucial aspect of modern animal husbandry as it plays a vital role in the growth and health of livestock, poultry, and aquaculture. Animal feed is a mixture of various ingredients that provide the necessary nutrients for animals to grow, produce milk or eggs, and maintain their health. The composition of animal feed varies depending on the type of animal being fed and its stage of life. For instance, a growing chicken requires a different type of feed than a mature chicken, just as a lactating cow requires a different type of feed than a beef cow. Similarly, the nutritional requirements of different species of animals, such as poultry, cattle, pigs, and fish, vary significantly. The primary ingredients in animal feed are carbohydrates, protein, and fat, which are essential for energy, growth, and maintenance. Carbohydrates are the primary source of energy in animal feed, and they come from grains such as corn, wheat, and barley. Protein is essential for growth, and it comes from sources such as soybean meal, cottonseed meal, and fishmeal. Fat is also necessary for energy, and it is derived from sources such as vegetable oil and animal fats.
The manufacturing process of animal feed involves several steps. First, the raw materials are inspected and tested to ensure they meet quality standards. They are then ground into small particles to improve digestibility. The ingredients are then mixed in the correct proportions, often with the use of computerized systems, to ensure consistency and accuracy. Finally, the feed is pelleted or extruded to improve palatability and digestibility. Animal feed is found at in different forms, including pellets, crumbles, and mash. Pelleted feed is the most popular form of animal feed, as it is convenient to handle, store, and transport. Crumbles are suitable for young animals, while mash is suitable for animals that prefer a softer texture.
Animal feed market in Egypt is characterized by a mix of domestic and imported products. According to a report by the United States Department of Agriculture (USDA), Egypt is the largest importer of soybean meal in the Middle East and North Africa (MENA) region, with imports reached approximately 4.8 million metric tons in 2021. Soybean meal is a key ingredient in animal feed and is used to supplement other sources of protein.
Download Free Sample Report Growing Population and Urbanization are Driving Market Growth
Egypt has a large and growing population, currently estimated at over 100 million people, which is expected to continue to increase in the coming years. This population growth is driving the demand for animal products, such as meat, milk, and eggs, which require high-quality animal feed to support their growth and productivity. Additionally, the trend towards urbanization is leading to an increase in demand for animal protein, as urban consumers tend to have higher incomes and are more likely to consume animal products.
Egypt government has implemented several policies to support the animal agriculture sector, which in turn is driving demand for animal feed. For example, the government has provided subsidies to farmers to promote local production of feed ingredients, such as corn and soybeans. Additionally, the government has invested in infrastructure and research to support the animal agriculture sector, including the establishment of the National Research Centre for Animal Nutrition.
Technological Advancement in the Industry is Driving Market Growth
Advances in animal nutrition science are leading to the development of new and improved animal feed products that are more efficient and effective in supporting animal growth and productivity. For example, the use of enzymes in animal feed can improve nutrient utilization and reduce waste, leading to improved animal health and reduced production costs.
Egypt is a net importer of food, including animal products and animal feed. As such, there is a growing focus on food security in the country, which is driving demand for local production of animal feed. Moreover, the government has implemented policies to promote local production of feed ingredients, such as corn and soybeans, in order to reduce reliance on imports and improve food security.
Consumers in Egypt are increasingly seeking high-quality animal products, such as meat and dairy, which require high-quality animal feed to support their growth and productivity. Additionally, the trend toward healthier and more sustainable diets is driving demand for animal products that are produced using high-quality animal feed and sustainable farming practices.
Major Challenges Faced by Animal Feed Market
Egypt is heavily reliant on imported feed ingredients, particularly soybeans and corn, which are the primary ingredients in most animal feed formulations. The country's limited domestic production of these feed ingredients has resulted in significant price volatility and supply chain disruptions. Moreover, fluctuations in global commodity prices can have a significant impact on the cost of animal feed in Egypt, which can impact the cost of animal products for consumers.
The animal feed processing sector in Egypt is fragmented and underdeveloped, with many small-scale feed mills operating inefficiently. This lack of investment in feed processing infrastructure has led to issues with feed quality and consistency, which can impact animal health and productivity. Additionally, the industry is facing challenges in terms of food safety, with many feed mills lacking proper hygiene and quality control measures.
Access to finance is a significant challenge for many small and medium-sized feed mills in Egypt. These businesses often struggle to obtain financing for equipment upgrades and to invest in research and development. This limited access to finance can stifle innovation and growth within the industry, which can impact the quality and availability of animal feed in the market.
The animal feed industry in Egypt is subject to a complex regulatory environment, which can create challenges for feed producers and importers. For example, there are strict regulations in place regarding the importation of Genetically Modified Organisms (GMOs), which can limit the availability of certain feed ingredients. Additionally, the government has implemented strict controls on the use of antibiotics in animal feed, which has resulted in increased costs for feed producers.
Recent Trends and Developments
- In recent years,
the Egyptian government has implemented policies aimed at supporting local
production of feed ingredients, such as corn and soybeans. These policies have
included subsidies for farmers, incentives for domestic processing and storage,
and investments in research and development. These efforts have resulted in
increased domestic production of feed ingredients, reducing the country's
reliance on imported feed and increasing food security.
- Egypt has seen
significant growth in its aquaculture industry over the past few years, driven
by increasing demand for fish and seafood products. As a result, there has been
growing demand for high-quality aquaculture feeds, leading to increased
investment in the development and production of specialized aquafeeds. This
trend is expected to continue, as Egypt has favorable conditions for fish
farming and is well-positioned to become a major producer and exporter of aquaculture
products.
- The animal
nutrition industry in Egypt has seen significant technological advancements in
recent years, with an increasing focus on the development of specialized feeds
and feed additives that can improve animal health and productivity. For
example, there has been growing interest in the use of probiotics, prebiotics,
and other feed additives to improve animal gut health and nutrient absorption.
Additionally, advances in enzyme technology are leading to more efficient use
of feed ingredients, reducing feed costs and improving animal performance.
Market Segmentation
Egypt Animal Feed Market
Market Players
Egyptian International Feed Products, Egyptian European Company for Animal Nutrition (EUCAN), Alexfert Company , Wadi Group, Cairo Poultry Company (CPC), .Agro Feed, and Al Shark Animal Nutrition
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated
Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue
in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
|
Report
coverage |
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments
covered |
Type Product |
|
Regional
scope |
Cairo,
Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt |
|
Key companies
profiled |
Egyptian International Feed Products, Egyptian European Company for Animal
Nutrition (EUCAN), Alexfert Company, Wadi Group, Cairo Poultry Company (CPC),
.Agro Feed, Al Shark Animal Nutrition |
|
Customization
scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing and
purchase options |
Avail
customized purchase options to meet your exact research needs. Explore
purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable version
of the report in PPT/Word format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy