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United States Animal Feed Market Size, Share, Trends, Growth: By Type: Fodder and Forage, Compound Feed; By Livestock: Pork, Aquatic Animal, Cattle, Poultry, Others; By Raw Material: Soy, Corn, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
United States Animal Feed Market Size
The United States animal feed market is projected to grow at a CAGR of 4.1% between 2024 and 2032. The growing consumption of animal-based products, ranging from dairy to meat, is aiding the market.
United States Animal Feed Market Outlook
- Illinois is the topmost producer of soybean in the United States.
- In 2019, the total consumption of animal feed by pets and livestock reached 284 million tons in the United States.
- In 2021, the USA consumed 20.5 pounds of seafood.
United States Animal Feed Market Growth
There is a growing demand for animal feed fortified with nutritional supplements like vitamins and probiotics. Major market players are focusing on manufacturing niche animal feed, such as freeze-dried food and raw food, among others, which enhance the palatability of animals.
Increasing concerns for sustainable and ethically sourced animal feed are expected to accelerate the use of plant-based ingredients. This is expected to play a significant role in shaping the market growth.
The United States government, through the Centre for Veterinary Medicine (operating under the Food and Drug Administration), invested $8 million into hastening the approval of safe, good quality, sustainable, and innovative feed ingredients. This can help in shortening lead times and expediting farmer’s access to unique animal feed solutions.
Increasing investments by major market players to expand soybean processing facilities in states like Missouri are expected to boost the production of animal feed domestically. Moreover, the increasing demand for soy protein concentrate, which possesses acid buffering capacity, is expected to drive the market growth, as it enhances the digestion of feed amongst pigs.
United States Animal Feed Industry Segmentation
United States Animal Feed Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fodder and Forage
- Compound Feed
Market Breakup by Livestock
- Pork
- Aquatic Animal
- Cattle
- Poultry
- Others
Market Breakup by Raw Material
- Soy
- Corn
- Others
United States Animal Feed Market Share
Based on livestock, the market is divided into pork, aquatic animal, cattle, and poultry, among others. Over the forecast period, cattle feed is expected to witness a surge in demand as the consumption of dairy products is expected to rise significantly. In 2022, America’s per capita consumption of dairy reached 653 pounds, with cheese being one of the major products for consumption (42 pounds per capita ).
Leading Companies in the United States Animal Feed Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
- Alltech Inc.
- Archer-Daniels-Midland Company
- Cargill, Incorporated
- Kalmbach Feeds, Inc.
- Land O’Lakes, Inc.
- Charoen Pokphand Foods PCL
- J.D. Heiskell Holding LLC
- BRF S.A.
- Kent Nutrition Group
- Hueber Feed, LLC
- Others
Major players are manufacturing and distributing advanced enzyme solutions that minimise nutrient waste and promote high animal performance.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Livestock |
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| Breakup by Raw Material |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 North America Animal Feed Historical Market (2018-2023)
8.3 North America Animal Feed Market Forecast (2024-2032)
9 United States Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 United States Animal Feed Historical Market (2018-2023)
9.3 United States Animal Feed Market Forecast (2024-2032)
10 United States Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 United States Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 United States Animal Feed Market by Raw Material
12.1 Soy
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Alltech Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Archer-Daniels-Midland Company
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Cargill, Incorporated
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Kalmbach Feeds, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Land O’Lakes, Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Charoen Pokphand Foods PCL
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 J.D. Heiskell Holding LLC
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 BRF S.A.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Kent Nutrition Group
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Hueber Feed, LLC
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
2. North America Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. United States Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
4. United States Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. United States Animal Feed Historical Market: Breakup by Type (USD Million), 2018-2023
6. United States Animal Feed Market Forecast: Breakup by Type (USD Million), 2024-2032
7. United States Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. United States Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. United States Animal Feed Historical Market: Breakup by Livestock (USD Million), 2018-2023
10. United States Animal Feed Market Forecast: Breakup by Livestock (USD Million), 2024-2032
11. United States Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. United States Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. United States Animal Feed Historical Market: Breakup by Raw Material (USD Million), 2018-2023
14. United States Animal Feed Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
15. United States Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. United States Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. United States Animal Feed Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The different raw materials used in animal feed include soy, and corn, among others.
The major segments based on livestock in the market include pork, aquatic animal, cattle, and poultry, among others.
The different types of feed in the market include fodder and forage and compound feed.
The key market players are Alltech Inc., Archer-Daniels-Midland Company, Cargill, Incorporated, Kalmbach Feeds, Inc., Land O’Lakes, Inc., Charoen Pokphand Foods PCL, J.D. Heiskell Holding LLC, BRF S.A., Kent Nutrition Group, and Hueber Feed, LLC, among others.
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