South Africa Poultry Feed Market Outlook

Synopsis
The above chart is South Africa Poultry Feed Market Outlook (2018 to 2032)

Market Dynamics

the south african poultry feed industry is extremely competitive and is characterized by vertically integrated manufacturers that cover all feed sectors, including broiler, layer, and piglet feeds. demand for poultry feed in south africa is expected to remain high over the next decade, sustained by strong domestic demand and exporting opportunities. overall, the market is projected to experience steady growth over the next 12 years, with the poultry feed sector forecast to reach a value of usd 7.5 billion by 2032. in terms of components, corn-based feed is the dominant feed type in the south african poultry feed market, accounting for nearly two-thirds of the total market share. this share is expected to remain steady over the forecast period, with the remaining one-third of the market expected to be divided between soybean meal, sunflower meal, and other nutrient sources. the poultry feed market in south africa is anticipated to be driven primarily by domestic demand, as the country has an increasing population and a growing demand for poultry products. additionally, there is also an opportunity for south african producers to export feed to nearby countries that may not have a sufficient domestic supply. in terms of the sector’s competitive landscape, it is dominated by a few companies, namely south african poultry association (sapa), which accounts for around two-thirds of the sector’s total revenues. other noteworthy players in the market include astro-grain, which primarily produces feed for broilers, and dixons, which manufactures feeds for layers. in terms of government incentive schemes, in 2014, the south african government launched the commercial poultry scheme, which provided tax incentives to encourage the local production of feed. since then, comaco, as well as the south african poultry association have partnered with the government to create a national poultry feed industry forum. in conclusion, the south african poultry feed market is anticipated to grow steadily over the forecast period, led by strong domestic demand and potential export opportunities. key players in the poultry feed market include larger vertically integrated companies such as sapa and astro-grain, and smaller producers such as dixons. additionally, government incentives are expected to help spur increased investment in the sector, ensuring its sustained growth in the future.