Product Code: ETC8849489 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Micronutrients are essential for the growth, immunity, and reproductive health of poultry, making them a vital component of poultry feed in the Philippines. The market is witnessing growth due to the rising demand for nutrient-rich feed that enhances poultry performance and reduces disease susceptibility. Key micronutrients such as zinc, selenium, copper, and iron are widely used in poultry feed formulations. The increasing commercialization of poultry farming, coupled with a focus on improving feed efficiency, is boosting the demand for micronutrient supplements in the industry.
The growth of the poultry feed micronutrients market in the Philippines is driven by the rising awareness among poultry farmers about the importance of balanced nutrition. Micronutrients such as zinc, copper, iron, and selenium are essential for poultry growth, immunity, and reproduction. The increasing demand for fortified feed to enhance bird health and productivity, coupled with advancements in feed formulations, is propelling the market. Moreover, the focus on reducing antibiotic use and promoting natural growth enhancers has further accelerated the adoption of micronutrient-rich feeds.
The poultry feed micronutrients market in the Philippines struggles with issues of supply chain inefficiencies and high transportation costs, which impact the affordability and availability of essential micronutrients. Additionally, many local poultry farmers are unaware of the importance of micronutrient supplementation, which can lead to underutilization of these vital products. This lack of knowledge affects the overall growth of the market. Furthermore, price sensitivity among farmers, particularly those in rural areas, can deter them from investing in high-quality micronutrient products, hindering the adoption of best practices in poultry nutrition.
The growing focus on poultry nutrition and health presents significant investment opportunities in the poultry feed micronutrients market. Investors can explore opportunities in the production and distribution of essential micronutrients like zinc, selenium, and copper, which are critical for poultry growth, immunity, and reproduction. With an increasing number of commercial poultry farms seeking to improve feed efficiency and performance, there is potential for investing in feed micronutrient manufacturing, premix solutions, and distribution networks. Innovations in feed fortification and micronutrient supplementation also create avenues for investment.
Government policies on poultry feed formulations, particularly micronutrient content, are established to maintain feed quality and poultry health. The DA and BAI regulate micronutrient use to prevent deficiencies while ensuring compliance with nutritional standards. Import duties and local manufacturing incentives affect the pricing and supply of micronutrient supplements. The government also supports research and innovation in feed fortification to enhance poultry productivity and minimize environmental impact.
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 Philippines Poultry Feed Micronutrients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Poultry Feed Micronutrients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Poultry Feed Micronutrients Market - Industry Life Cycle |
3.4 Philippines Poultry Feed Micronutrients Market - Porter's Five Forces |
3.5 Philippines Poultry Feed Micronutrients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Poultry Feed Micronutrients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Poultry Feed Micronutrients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Poultry Feed Micronutrients Market Trends |
6 Philippines Poultry Feed Micronutrients Market, By Types |
6.1 Philippines Poultry Feed Micronutrients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Iron, 2021- 2031F |
6.1.4 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Manganese, 2021- 2031F |
6.1.5 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Zinc, 2021- 2031F |
6.1.6 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Boron, 2021- 2031F |
6.1.7 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Copper, 2021- 2031F |
6.1.8 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Poultry Feed Micronutrients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Solid, 2021- 2031F |
6.2.3 Philippines Poultry Feed Micronutrients Market Revenues & Volume, By Liquid, 2021- 2031F |
7 Philippines Poultry Feed Micronutrients Market Import-Export Trade Statistics |
7.1 Philippines Poultry Feed Micronutrients Market Export to Major Countries |
7.2 Philippines Poultry Feed Micronutrients Market Imports from Major Countries |
8 Philippines Poultry Feed Micronutrients Market Key Performance Indicators |
9 Philippines Poultry Feed Micronutrients Market - Opportunity Assessment |
9.1 Philippines Poultry Feed Micronutrients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Poultry Feed Micronutrients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Poultry Feed Micronutrients Market - Competitive Landscape |
10.1 Philippines Poultry Feed Micronutrients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Poultry Feed Micronutrients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |