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United States Animal Feed Market

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 Market

 

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:

  • Type
  • Livestock
  • Raw Material
Breakup by Type
  • Fodder and Forage
  • Compound Feed 
Breakup by Livestock
  • Pork
  • Aquatic Animal
  • Cattle
  • Poultry
  • Others
Breakup by Raw Material
  • Soy
  • Corn
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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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