United States Compound Feed Market Report and Forecast 2024-2032

United States Compound Feed Market Outlook

The United States compound feed market size reached approximately USD 103.69 billion in 2023. The market is assessed to grow at a CAGR of 4.2% between 2024 and 2032 to attain a value of around USD 150.58 billion by 2032.

Key Trends in the Market

Compound feed refers to a mix of raw materials such as protein cakes, vitamins, grains, minerals, brans, and agricultural by-products, among others. The manufacturing of compound feed uses feed processing technology and animal nutrition science to produce balanced feed that meets physiological requirements for animal farms.

• There is an increasing number of animal farms in the United States, and the country is also one of the largest producers of poultry due to abundant feed resources. Such factors are boosting the demand for compound feed that can meet specific requirements of animals and optimise their overall health.

• Rising concerns regarding animal welfare and health are propelling the United States compound feed market demand. Compound feeds effectively meet the energy, mineral, amino acids, and trace minerals requirements of animals while preventing nutrient losses and wastage. Manufacturers are also capitalising on rising animal health concerns by offering tailor-made feed for livestock facing stress, pre-weaning, post-weaning, lactation, and sickness.

• The United States compound feed market growth can be attributed to advancements in technologies such as nano-emulsification, lipid encapsulation, and bioavailability enhancement aimed at improving the stability and performance of feed additives. Moreover, increasing research and development (R&D) activities by key players for enhancing the quality of animal produce, improving the shelf stability of poultry and dairy products, and eradicating diseases in animals are likely to further propel the market in the coming years.

• Growing environmental concerns and sustainability challenges regarding animal farming have emerged as significant factors aiding the United States compound feed market expansion. According to a study, in the United States, food production causes environmental pollution responsible for nearly 16,000 deaths per year, out of which 80% are connected to the livestock sector.

Hence, in the forecast period, the preference for sustainable compound feed made from environmentally-friendly ingredients that can mitigate negative carbon impact, reduce feed costs, and optimise manure management and feed efficiency is expected to rise.

United States Compound Feed Market Segmentation

Based on animal type, the market is segmented into ruminants, poultry, swine, and aquaculture, among others. The market, based on ingredient, is divided into cereals, cakes and meals, by-products, and supplements.

On the basis of source, the market is bifurcated into plant based and animal based. By form, the market is classified into pellets, mash, and crumbles, among others.

The major regional markets of compound feed in the United States are New England, Mideast, Great Lakes, Plains, Southwest, Southeast, Rocky Mountain, and Far West. The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

The report gives a detailed analysis of the following key players in the United States compound feed market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Cargill Inc. 

• Archer-Daniels-Midland Co. 

• Roquette Frères 

• Nutreco N.V 

• Alltech Inc. 

• Smithfield Foods, Inc. 

• Hueber Feed, LLC 

• Land O’Lakes, Inc. (Purina Animal Nutrition LLC) 

• Kent Nutrition Group, Inc. 

• Perdue AgriBusiness LLC 

• Others

Market Share by Animal Type

Ruminants account for a notable portion of the United States compound feed market share as they play an important role in food nutrition and security in the country. According to the US Department of Agriculture, cattle production is one of the most important sectors in the country, estimated to represent 17% of USD 520 billion for agriculture commodities in 2023.

Young ruminants require a nutrient-rich diet to support their rapid development and growth. Compound feed incorporated with ingredients like calcium, protein, and phosphorus are increasingly used for building strong muscles, bones, and organs in ruminants. Besides, the growing focus on improved feed management practices by cattle farmers to improve animal health, surge milk production, and improve the value of cattle is aiding the segment’s growth.

Meanwhile, the robustly growing poultry sector is surging the demand for compound feed to meet nutrient and high energy requirements for fattening broilers. The rising demand for dairy products and meat in the country is also boosting the requirement for poultry compound feeds.

Market Share by Source

As per the United States compound feed market analysis, the incorporation of supplements in compound feed is significantly increasing. Feed supplements play an important role in ensuring optimal health, growth, and development of animals. The availability of feed supplements in liquid, pellet, and powder forms is also aiding the segment’s expansion.

In the forecast period, the growing demand for animal-based products, growing concerns regarding diseases in livestock, and the rising demand for high-quality meat are anticipated to surge the demand for feed supplement that can improve the health of animals and prevent disease outbreaks and growth disorders.

Competitive Landscape

Smithfield Foods, Inc., established in 1936, is a prominent vertically integrated protein American company. It is headquartered in Smithfield, Virginia, and is dedicated to producing “Good food. Responsibly® and feed a growing population. Some of its portfolios include Eckrich®, Nathan’s Famous®, Smithfield®, and Gwaltney®, among others.

Hueber Feed, LLC is a family-operated and owned company that provides personalised services. Founded in 1982 and headquartered in Illinois, the United States, the company aims to assist customers in meeting nutritional and feed needs. Its offers innovative livestock feed rations and supplements, farm consulting services, and production management solutions for driving the growth of the livestock industry.

Kent Nutrition Group, Inc., founded in 1927, is a leading animal nutrition brand in the United States. Its products are sold throughout the Midwest and East. It is engaged in manufacturing custom animal feed formulas for livestock producers. The company is also committed to innovations in animal nutrition that can benefit farming communities and commercial producers.

Other United States compound feed market players include Cargill Inc., Archer-Daniels-Midland Co., Roquette Frères, Nutreco N.V, Alltech Inc., Land O’Lakes, Inc. (Purina Animal Nutrition LLC), and Perdue AgriBusiness LLC, among others.

Key Highlights of the Report

United States Compound Feed Market Report Snapshots

United States Compound Feed Market Size

United States Compound Feed Market Trends

United States Compound Feed Companies