Product Code: ETC220285 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand compound feed market is a crucial component of the country`s livestock and poultry industries. Compound feed, which includes a mix of grains, protein sources, and additives, plays a vital role in animal nutrition and production. Thailand`s growing population and increasing demand for meat products have led to substantial growth in the livestock sector, driving the demand for high-quality compound feed. The market is competitive, with a focus on nutritional research and sustainable sourcing of ingredients. Thailand`s compound feed industry is poised for further growth as it aligns with global trends in animal husbandry practices, emphasizing animal health, welfare, and sustainability.
The Thailand compound feed market is primarily driven by the growing demand for meat and dairy products, as the country`s population continues to expand and consumer preferences shift towards protein-rich diets. Additionally, the increasing awareness among farmers about the benefits of compound feed, which enhances livestock health and productivity, is a significant driver. Moreover, government initiatives to promote the livestock sector and improve feed quality and nutrition also contribute to market growth.
The Thailand compound feed market confronts challenges related to the rising cost of feed ingredients, especially soybean meal and corn. Fluctuating prices of raw materials impact production costs, which can affect the affordability of compound feed for livestock farmers. Moreover, adherence to strict regulatory standards for feed quality and safety requires continuous investment in quality control measures. Disease outbreaks in livestock can disrupt demand, leading to market instability.
The COVID-19 pandemic had a significant impact on the Thailand Compound Feed Market. The market, closely tied to the livestock and poultry industries, faced challenges due to disruptions in the supply chain, labor shortages, and restrictions on movement. Reduced demand for animal products and changes in consumer preferences during the pandemic also affected the market. As the pandemic unfolded, the market adapted by focusing on optimizing production processes and adopting digital technologies for better supply chain management. Post-pandemic recovery will depend on the rebounding of the livestock and poultry sectors and ongoing efforts to ensure supply chain resilience.
In the Thailand Compound Feed Market, Charoen Pokphand Foods (CPF) is a prominent player. CPF is a leading agribusiness company with a comprehensive portfolio of animal feed products. They have a vast network of feed mills and farms across Thailand, providing compound feed solutions for various livestock and poultry sectors. CPF`s dedication to research and innovation has allowed them to stay at the forefront of the compound feed market, ensuring the nutritional needs of animals are met efficiently.
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 Thailand Compound Feed Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Compound Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Compound Feed Market - Industry Life Cycle |
3.4 Thailand Compound Feed Market - Porter's Five Forces |
3.5 Thailand Compound Feed Market Revenues & Volume Share, By Ingredients, 2021 & 2031F |
3.6 Thailand Compound Feed Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Thailand Compound Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Thailand Compound Feed Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 Thailand Compound Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for animal protein products |
4.2.2 Growth in the livestock industry in Thailand |
4.2.3 Adoption of modern farming practices |
4.2.4 Government support and initiatives to boost agriculture sector |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations related to feed formulation and quality |
4.3.3 Competition from alternative feed sources |
4.3.4 Environmental concerns related to feed production |
5 Thailand Compound Feed Market Trends |
6 Thailand Compound Feed Market, By Types |
6.1 Thailand Compound Feed Market, By Ingredients |
6.1.1 Overview and Analysis |
6.1.2 Thailand Compound Feed Market Revenues & Volume, By Ingredients, 2021-2031F |
6.1.3 Thailand Compound Feed Market Revenues & Volume, By Cereals, 2021-2031F |
6.1.4 Thailand Compound Feed Market Revenues & Volume, By Cakes & Meals, 2021-2031F |
6.2 Thailand Compound Feed Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Thailand Compound Feed Market Revenues & Volume, By Plant-based, 2021-2031F |
6.2.3 Thailand Compound Feed Market Revenues & Volume, By Animal-based, 2021-2031F |
6.3 Thailand Compound Feed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Thailand Compound Feed Market Revenues & Volume, By Mash, 2021-2031F |
6.3.3 Thailand Compound Feed Market Revenues & Volume, By Pellet, 2021-2031F |
6.3.4 Thailand Compound Feed Market Revenues & Volume, By Crumble, 2021-2031F |
6.3.5 Thailand Compound Feed Market Revenues & Volume, By Other Forms, 2021-2031F |
6.4 Thailand Compound Feed Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 Thailand Compound Feed Market Revenues & Volume, By Poultry, 2021-2031F |
6.4.3 Thailand Compound Feed Market Revenues & Volume, By Ruminants, 2021-2031F |
6.4.4 Thailand Compound Feed Market Revenues & Volume, By Swine, 2021-2031F |
6.4.5 Thailand Compound Feed Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.4.6 Thailand Compound Feed Market Revenues & Volume, By Other Livestock, 2021-2031F |
7 Thailand Compound Feed Market Import-Export Trade Statistics |
7.1 Thailand Compound Feed Market Export to Major Countries |
7.2 Thailand Compound Feed Market Imports from Major Countries |
8 Thailand Compound Feed Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) improvement |
8.2 Adoption rate of technology in feed production |
8.3 Feed efficiency in livestock |
8.4 Sustainability practices in feed manufacturing |
8.5 Nutrient content and quality of compound feed |
9 Thailand Compound Feed Market - Opportunity Assessment |
9.1 Thailand Compound Feed Market Opportunity Assessment, By Ingredients, 2021 & 2031F |
9.2 Thailand Compound Feed Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Thailand Compound Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Thailand Compound Feed Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 Thailand Compound Feed Market - Competitive Landscape |
10.1 Thailand Compound Feed Market Revenue Share, By Companies, 2024 |
10.2 Thailand Compound Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |