(Food-Beverage-News.Com, December 21, 2016 ) Though it represents a small share in the agriculture market currently, it is one of the fastest budding sectors in the overall agriculture market. Compound feed consists of food products manufactured especially for animals.
Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally. Most commonly used raw materials are soybean, corn, barley; wheat and sorghum. Most common additives to form compound feed are, minerals, amino acids, antibiotics and colorants. Compound feed has become an essential part of the globally increasing livestock industry and meat production industry. The end consumers of the compound feed are poultry, pig, ruminants, fish etc.
Agriculture is a sector with enormous innovations and developments combining with the technology. Rise in global meat consumption, increase in awareness towards meat quality and safety, increase in mass production of meat, and recent livestock disease outbreak share the key drivers for the growth of the global Compound feed market. Technology innovations are also playing a crucial role in the advancement of this industry.
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