North America Compound Feed Market Size (2024 - 2029)

The North America Compound Feed Market is experiencing growth driven by the increasing demand for high-quality animal foods. This demand is a key factor contributing to the expansion of the market size, as compound feeds are known to enhance animal performance and immunity by stabilizing the rumen environment. The growth of the animal products industry further supports the market's expansion, creating additional opportunities for the compound feed sector.

Market Size of North America Compound Feed Industry

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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration Low

Major Players

North America Compound Feed Market Major Players

*Disclaimer: Major Players sorted in no particular order

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North American Compound Feed Market Analysis

North America Compound Feed Market is projected to grow at a CAGR of 4% during the forecast period (2020-2025). The growing demand for higher-value and quality animal foods is the major driving force behind the growth of the compound feed market.The expansion of the animal products industry has created an opportunity for compound feed to spur the market, as these feeds boost immunity and enhance the performance of animals, by stabilizing the rumen environment.

North American Compound Feed Industry Segmentation

For the purpose of the report, the market has been segmented by ingredient type, animal type, and geography. The corporations in the feed industry operate in a B2B manner, and bulk dealers and distributors who buy compound feed to supply to feed mills without value addition have been excluded from the market scope to avoid any double counting.

Animal Type
Ruminants
Poultry
Swine
Aquaculture
Other Animal Types
Ingredient
Cereals
Cakes & Meals
By-products
Supplements
Vitamins
Amino Acid
Enzymes
Prebiotics and Probiotics
Acidifiers
Other Supplements
Geography
United States
Canada
Mexico
Rest of North America
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North America Compound Feed Market Size Summary

The North America Compound Feed Market is experiencing significant growth, driven by the increasing demand for high-value and quality animal foods. This demand is largely fueled by the expansion of the animal products industry, which has created opportunities for compound feed to enhance animal performance and immunity by stabilizing the rumen environment. The rising consumption of meat, eggs, and milk in the region has led to a surge in the use of feed additives, further propelling the market. In Canada, the poultry sector, including chicken and turkey meat production, is a major contributor to this growth, while in Mexico, the poultry subsector dominates the animal feed industry due to high demand for poultry meat and eggs. The United States, as a key player in the North American compound feed market, benefits from the North American Free Trade Agreement, which facilitates the export of feed ingredients and pet food, supporting its position as the world's largest animal feed producer and exporter.

The competitive landscape of the North American Compound Feed Market is characterized by the presence of numerous local and international players, such as Cargill Inc, Archer Daniels Midland Company, and Alltech. These companies are actively expanding their geographical presence through acquisitions and mergers, as well as increasing production capacities to meet the growing demand. The market's growth is further supported by the concentration of animal feed production in key U.S. regions like Iowa, Texas, and North Carolina. The strategic expansion and investment in production facilities by leading companies underscore the dynamic nature of the market, as they strive to enhance their product lines and meet the evolving needs of the animal feed industry.

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North America Compound Feed Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Animal Type

      1. 2.1.1 Ruminants

      2. 2.1.2 Poultry

      3. 2.1.3 Swine

      4. 2.1.4 Aquaculture

      5. 2.1.5 Other Animal Types

    2. 2.2 Ingredient

      1. 2.2.1 Cereals

      2. 2.2.2 Cakes & Meals

      3. 2.2.3 By-products

      4. 2.2.4 Supplements

        1. 2.2.4.1 Vitamins

        2. 2.2.4.2 Amino Acid

        3. 2.2.4.3 Enzymes

        4. 2.2.4.4 Prebiotics and Probiotics

        5. 2.2.4.5 Acidifiers

        6. 2.2.4.6 Other Supplements

    3. 2.3 Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Compound Feed Market Size FAQs

The North America Compound Feed Market is projected to register a CAGR of 4% during the forecast period (2024-2029)

Cargill Inc, Archer Daniels Midland Company, Alltech, Land O Lakes Purina and Nutreco N.V. (trouw nutrition) are the major companies operating in the North America Compound Feed Market.

North America Compound Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)