North America Poultry Feed Market Trends

Statistics for the 2023 & 2024 North America Poultry Feed market trends, created by Mordor Intelligence™ Industry Reports. North America Poultry Feed trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Team License

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Corporate License

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Market Trends of North America Poultry Feed Industry

This section covers the major market trends shaping the North American Poultry Feed Market according to our research experts:

Increased Poultry Meat Consumption

Poultry is the most common type of meat consumed by Americans and hence, the poultry industry plays an essential role in the United States economy. The United States ranks as the world's largest producer and second-largest exporter of poultry meat due to a controlled supply and high interest in domestic fowl products, resulting in strong poultry prices. According to the United States Department of Agriculture, Broiler is the most consumed poultry meat in the region. n. Moreover, the sales of organic broiler chicken in the United States registered new heights by reaching sales worth USD 750.0 million, which was a rise of 78% from that of the previous year. This is allowing compound feed companies to expand production in response to the existing high demand from this segment. With increased animal protein consumption, there is likely to be increased demand for feed, especially the demand for ingredients high in protein and energy.

North America Poultry Feed Market, Per capita Poultry Meat Consumption in Pounds, 2017-2019

Increasing Demand for Poultry Products

According to the Food and Agriculture Organization, the poultry stock in the year 2018 accounted for 2403699 Thousand heads up from 2402370 Thousand heads in 2016, reflecting the increased demand for poultry meat and other products in the region. The recent ban on antibiotics by the United States as growth promoters for animals is expected to open new business opportunities in the poultry feed market. This ban is expected to increase the uptake of compound feed for improving poultry meat quality and poultry by-products. The ban has led livestock producers to identify new ways to stimulate production among fowls and to deliver the same benefits provided by antibiotic growth promoters. Hence the increased consumption and production of poultry products in the region creates an increased demand for poultry feed.

North America Poultry Feed Market, Poulty  Stock in Thousand Heads, 2016-2018

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