List of Figures
Figure 1: US Animal Feed Market Size By Value 2016 to 2027 (In USD Million)
Figure 2: US Animal Feed Market Share By Livestock (2016, 2021 & 2027)
Figure 3: US Animal Feed Market Share By Form (2016, 2021 & 2027)
Figure 4: US Animal Feed Market Share By Source (2016, 2021 & 2027)
Figure 5: Market Attractiveness Index, By Livestock
Figure 6: Market Attractiveness Index, By Ingredient
Figure 7: Market Attractiveness Index, By Form
Figure 8: Market Attractiveness Index, By Source
Figure-9: Porter's Five Forces Meter of Animal Feed Industry in US
List of Tables
Table 1: US Animal Feed Market Share By Ingredient (2016 - 2021 & 2022 - 2027)
Table 2: USA Animal Feed Market Size of Cattle (2016 to 2027F) (In USD billion)
Table 3: USA Animal Feed Market Size of Poultry (2016 to 2027F) (In USD billion)
Table 4: USA Animal Feed Market Size of Pig (2016 to 2027F) (In USD billion)
Table 5: USA Animal Feed Market Size of Aqua (2016 to 2027F) (In USD billion)
Table 6: USA Animal Feed Market Size of Others (2016 to 2027F) (In USD billion)
Table 7: USA Animal Feed Market Size of Cereals (2016 to 2027F) (In USD billion)
Table 8: USA Animal Feed Market Size of Bi-products (2016 to 2027F) (In USD billion)
Table 9: USA Animal Feed Market Size of Cakes & Meals (2016 to 2027F) (In USD billion)
Table 10: USA Animal Feed Market Size of Supplements (2016 to 2027F) (In USD billion)
Table 11: USA Animal Feed Market Size of Others (2016 to 2027F) (In USD billion)
Table 12: USA Animal Feed Market Size of Pellet (2016 to 2027F) (In USD billion)
Table 13: USA Animal Feed Market Size of Mash (2016 to 2027F) (In USD billion)
Table 14: USA Animal Feed Market Size of Crumbles (2016 to 2027F) (In USD billion)
Table 15: USA Animal Feed Market Size of Others (2016 to 2027F) (In USD billion)
Table 16: USA Animal Feed Market Size of Plant-based (2016 to 2027F) (In USD billion)
Table 17: USA Animal Feed Market Size of Animal Based (2016 to 2027F) (In USD billion)
Table 18: Key Facts of Company 1
Table 19: Key Facts of Company 2
Table 20: Key Facts of Company 3
Table 21: Key Facts of Company 4
Table 22: Key Facts of Company 5
Table 23: Key Facts of Company 6
Table 24: Key Facts of Company 7
Table 25: Key Facts of Company 8
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Animal feed is designed to compensate for nutrients and supplements that may be absent from an animal’s natural diet. Feed mills receive raw ingredients from suppliers, and the ingredients are weighed, tested, and analysed for various nutrients to ensure their quality and safety. Nutritionists work side-by-side with scientists to formulate nutritionally sound and balanced diets for livestock, poultry, aquaculture, and pets. This is a complex process, as every species has different nutritional requirements. Once the formula is determined, the mill mixes the ingredients to create a finished product. There are more than 900 safe agricultural ingredients and co-products approved for use in animal feed in the United States. In the United States, over 5,800 animal feed manufacturing facilities produce over 284 million tonnes of finished feed. As per 2020 data, corn is used for 145 MT, soybean meal 35 MT, DDG 32 MT, wheat products 8 MT, and corn gluten meal 6 MT. The top animal feed was consumed in the states of Iowa, Texas, and California. The U.S. is also the world’s largest animal feed exporter, supplying a significant amount of the animal feed for the livestock industries around the world. U.S. animal feed product importers were Canada, Mexico, Japan, China, and Indonesia. According to the research report "US Animal Feed Market Overview, 2027" published by Actual Market Research (AMR), it is expected to grow at a CAGR of 2.50% during the forecast period. Pigs and poultry are the major consumers of animal feed in the US, while aqua feed is expected to grow in demand over the forecast period. This is due to the expansion of aquaculture and innovations in production processes. Supplements are expected to be a major driving factor for future market growth by ingredient as the quality of feed is deteriorating with time. In pellet form, it is the most widely used type of animal feed in the US. Plant-based sources remain the dominant source for making animal feed products in the US. The future opportunities are the shift in the production and processing of livestock and poultry due to environmental conditions and the need for clean label animal products. Further expansion includes branching into new markets and exploring demand for organic food. Rising consumer awareness about the safety of animal products coupled with outbursts of diseases in animals is the major factor contributing to the increasing demand for animal feed. An increase in industrial livestock production and increasing demand for protein-rich animal feed are further expected to drive the future markets. In addition, the presence of major market players in the region is further expected to propel the market's growth opportunities in the coming years. However, the stringent regulatory structure for animal feed production from the Animal Husbandry department is expected to hinder the market opportunities in the coming years. Wheat, soybeans, peanuts, corn, and oilseeds are planted on the majority of land in the United States that is used for livestock feed rather than human consumption. Corn is the most commonly used for animal feed as it is largely grown here. Texas, Nebraska, and Kansas account for roughly 27% of the cattle inventory in the United States. The U.S. poultry industry is the world’s largest producer and second-largest exporter of poultry meat and a major egg producer. The U.S. is the world’s third-largest producer and consumer of pork and pork products. The U.S. remains the world’s largest animal feed producer and exporter in 2020. The Emmerson Family, John Malone, Reed Family, Ted Turner, and Stan Kroenke are the top five landowners. Recently, Bill Gates has become America’s largest private farmland owner. However, COVID-19 has caused some problems and changes in the feed industry, like many other industries, and the U.S. feed industry is no exception. It had a negative impact due to disruptions in supply chain activities caused by global trade restrictions. A sharp drop in demand for restaurant meals and an increase in demand for grocery store food, combined with certain challenges in reorienting meat supply networks, resulted in a surge in retail meat prices and occasional grocery store stock-outs of specific meat products. Lower demand for cattle and supplies of beef and pork resulted from the drop in demand. Considered in this report: • Geography: US • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • US animal feed market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Ingredients in the report: • Cereals • By-Products • Cakes & Meals • Supplements By Livestock in the report: • Cattle Feeds • Poultry Feeds • Pig Feeds • Aqua Feeds By Form in the report: • Pellet • Mash • Crumbles • Cubes & Cakes By Source in the report: • Animal based • Plant-based The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Compound Feed Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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