The North America animal feed market is expected to reach USD 50,968.80 million by 2030 from USD 32,979.22 million in 2022, growing at a CAGR of 5.7% during the forecast period of 2023 to 2030.
Market Segmentation
North America Animal Feed Market, By Product (Cereal Grains, Protein Meals, Milk Replacer, Feed Additives, and Others), Animal Type (Ruminants, Swine, Poultry, Aquaculture, Pets, Equine, and Others), Mode of Delivery (Premixes, Oral Powder, and Oral Solutions), Form (Liquid, Dry, Frozen, Pellet, Crumbles, and Mash), Source (Animal-Based and Plant-Based), Nature (Organic and Conventional), Lifecycle (Grower Feed, Finisher Feed, Starter Feed, and Breeder Feed), End User, (Feed Manufacturers, Contract Manufacturers, Livestock Producers, and Others), Distribution Channel (Indirect and Direct), Country (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2030
Overview of North America Animal Feed Market Dynamics
Driver
Modernization and growth of the aquaculture & livestock feed sector
Restraint
High cost of raw materials
Opportunity
Implementing alternative feeding strategies that foster efficiency in modern animal nutrition
Market Players
Some of the key market players operating in the North America animal feed market are:
Cargill, Incorporated.
ADM
Charoen Pokphand Foods PCL.
BASF SE
De Heus Animal Nutrition
JAPFA LTD
Yara
Evonik Industries AG
DSM
Phibro Animal Health Corporation.
NOVUS INTERNATIONAL, INC.
Purina Animal Nutrition LLC
Kemin Industries, Inc.
Weston Stockfeed New Zealand
Kent Nutrition Group.
Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
Perstorp
Alltech.
nutrex.eu
Henraajh Feeds India Pvt. Ltd.
Vetsfarma Ltd.
Nutreco
TABLE OF CONTENTS
1 INTRODUCTION 113
1.1 OBJECTIVES OF THE STUDY 113
1.2 MARKET DEFINITION 113
1.3 OVERVIEW 113
1.4 CURRENCY AND PRICING 115
1.5 LIMITATIONS 115
1.6 MARKETS COVERED 116
2 MARKET SEGMENTATION 122
2.1 MARKETS COVERED 122
2.2 GEOGRAPHICAL SCOPE 123
2.3 YEARS CONSIDERED FOR THE STUDY 124
2.4 DBMR TRIPOD DATA VALIDATION MODEL 125
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 128
2.6 MULTIVARIATE MODELLING 129
2.7 PRODUCT LIFELINE CURVE 129
2.8 DBMR MARKET POSITION GRID 130
2.9 VENDOR SHARE ANALYSIS 131
2.10 MARKET COVERAGE GRID 132
2.11 SECONDARY SOURCES 133
2.12 ASSUMPTIONS 133
3 EXECUTIVE SUMMARY 134
4 PREMIUM INSIGHTS 136
4.1 PRODUCT VS BRAND OVERVIEW 138
4.2 COMPARATIVE BRAND ANALYSIS 139
4.3 USAGE OF MILK REPLACER AND DRY MILK INGREDIENTS 141
4.3.1 MILK REPLACER 141
4.3.2 DRY MILK INGREDIENTS 141
4.4 IMPACT OF ECONOMIC SLOWDOWN ON MARKET 142
4.4.1 OVERVIEW 142
4.4.1.1 IMPACT ON PRICE 142
4.4.1.2 IMPACT ON SUPPLY CHAIN 143
4.4.1.3 IMPACT ON SHIPMENT 143
4.4.1.4 IMPACT ON COMPANYS STRATEGIC DECISIONS 144
4.5 VALUE CHAIN ANALYSIS 145
4.5.1 SUPPLY CHAIN ANALYSIS 146
4.5.2 MAJOR FUNCTIONARIES INVOLVED IN THE SUPPLY CHAIN OF SPICES 146
4.1 IMPORT-EXPORT ANALYSIS 147
4.1.1 IMPORT (2023) 147
4.1.2 EXPORT (2023) 148
4.2 PORTERS FIVE FORCES 149
4.2.1 BARGAINING POWER OF BUYERS/CONSUMERS 149
4.2.2 BARGAINING POWER OF SUPPLIERS 149
4.2.3 THREAT OF NEW ENTRANTS 149
4.2.4 THREAT OF SUBSTITUTES 150
4.2.5 RIVALRY AMONG EXISTING COMPETITORS 150
4.3 RAW MATERIAL SOURCING ANALYSIS 151
4.3.1 OVERVIEW OF TECHNOLOGICAL INNOVATIONS 152
4.3.2 INDUSTRY TRENDS AND FUTURE PERSPECTIVE 152
4.3.3 GROWTH STRATEGIES ADOPTED BY KEY MARKET PLAYERS 153
4.4 FACTORS INFLUENCING PURCHASING DECISION OF END-USER 153
4.5 PRICING ANALYSIS, NORTH AMERICA ANIMAL FEED MARKET 154
4.6 PRICING INDEX 155
4.6.1 OVERVIEW 155
4.6.2 PRICE AT B2B 155
4.6.3 PRICE AT FOB 155
4.7 PRODUCTION CAPACITY OUTLOOK 156
5 REGULATORY FRAMEWORK, NORTH AMERICA ANIMAL FEED MARKET 157
5.1 OVERVIEW 157
6 MARKET OVERVIEW 159
6.1 DRIVERS 161
6.1.1 MODERNIZATION AND GROWTH OF AQUACULTURE & LIVESTOCK FEED SECTORS 161
6.1.2 THE OUTBURST OF DISEASES VIA ANIMALS CONTRIBUTING TO THE INCREASE IN ADOPTION OF ANIMAL FEED 161
6.1.3 RAPID INCREASING POPULATION OF PETS AND DOMESTICATED ANIMALS 162
6.1.4 INCREASE IN DEMAND FOR ORGANIC FEED INGREDIENTS IN ANIMAL FEED 163
6.2 RESTRAINTS 163
6.2.1 HIGH COST OF RAW MATERIALS 163
6.2.2 LOW-QUALITY COUNTERFEIT PRODUCTS 164
6.3 OPPORTUNITIES 164
6.3.1 INCREASING INVESTMENT IN R&D 164
6.3.2 IMPLEMENTING ALTERNATIVE FEEDING STRATEGIES THAT FOSTER EFFICIENCY IN MODERN ANIMAL NUTRITION 165
6.4 CHALLENGES 165
6.4.1 LIMITED AWARENESS REGARDING PET CARE IN COUNTRIES 165
6.4.2 STRINGENT REGULATORY FRAMEWORK 166
7 NORTH AMERICA ANIMAL FEED MARKET, BY PRODUCT 167
7.1 OVERVIEW 168
7.2 PROTEIN MEALS 171
7.2.1 VEGETABLE PROTEIN MEALS 172
7.2.1.1 SOYABEAN MEALS 172
7.2.1.2 OILSEEDS 172
7.2.1.3 SUNFLOWER MEAL 172
7.2.1.4 LUPINS 172
7.2.1.5 COTTONSEED MEAL 172
7.2.1.6 PEAS 173
7.2.1.7 CANOLA MEAL 173
7.2.1.8 OTHERS 173
7.2.2 ANIMAL PROTEIN MEALS 173
7.2.2.1 FISH MEAL 173
7.2.2.2 MEAT MEAL 173
7.2.2.3 BLOOD MEAL 173
7.2.2.4 PORK MEAL 174
7.2.2.5 FEATHER MEAL 174
7.2.2.6 MILK REPLACERS 174
7.2.2.7 OTHERS 174
7.3 FEED ADDITIVES 174
7.3.1 VITAMINS 175
7.3.1.1 FAT-SOLUBLE 175
7.3.1.1.1 VITAMIN A 176
7.3.1.1.2 VITAMIN E 176
7.3.1.1.3 VITAMIN D 176
7.3.1.1.4 VITAMIN K 176
7.3.1.2 WATER-SOLUBLE 176
7.3.1.2.1 VITAMIN C 177
7.3.1.2.2 VITAMIN B COMPLEX 177
7.3.2 MINERALS 177
7.3.2.1 MACRO MINERALS 177
7.3.2.1.1 CALCIUM 178
7.3.2.1.2 MAGNESIUM 178
7.3.2.1.3 PHOSPHORUS 178
7.3.2.1.4 SODIUM 178
7.3.2.1.5 CHLORIDE 178
7.3.2.1.6 SULFUR 178
7.3.2.1.7 POTASSIUM 178
7.3.2.1.8 OTHERS 178
7.3.2.2 MICRO MINERALS 178
7.3.2.2.1 ZINC 179
7.3.2.2.2 IRON 179
7.3.2.2.3 COPPER 179
7.3.2.2.4 IODINE 179
7.3.2.2.5 COBALT 179
7.3.2.2.6 MANGANESE 179
7.3.2.2.7 OTHERS 179
7.3.3 AMINO ACID 180
7.3.3.1 LYSINE 180
7.3.3.2 METHIONINE 180
7.3.3.3 THREONINE 180
7.3.3.4 OTHERS 180
7.3.4 ANTIBIOTICS 180
7.3.4.1 PENICILLINES 181
7.3.4.2 MACROLIDES 181
7.3.4.3 CEPHALOSPORINS 181
7.3.4.4 FLUOROQUINOLONES 181
7.3.4.5 LINCOSAMIDES 181
7.3.4.6 AMINOGLYCOSIDES 181
7.3.4.7 SULFONAMIDES 181
7.3.4.8 TETRACYCLINES 182
7.3.4.9 OTHERS 182
7.3.5 ANTIOXIDANTS 182
7.3.5.1 NATURAL ANTIOXIDANTS 182
7.3.5.1.1 BOTANICAL EXTRACTS 182
7.3.5.1.2 CAROTENOIDS 183
7.3.5.1.3 TOCOPHEROLS 183
7.3.5.1.4 OTHERS 183
7.3.5.2 SYNTHETIC ANTIOXIDANTS 183
7.3.5.2.1 BHA 183
7.3.5.2.2 BHT 183
7.3.5.2.3 PROPYL GALLATE 183
7.3.5.2.4 ETHOXYQUIN 184
7.3.5.2.5 OTHER TYPES 184
7.3.6 ENZYMES 184
7.3.6.1 PHYTASE 184
7.3.6.2 CARBOHYDRASE 184
7.3.6.2.1 AMYLASE 185
7.3.6.2.2 XYLANASE 185
7.3.6.2.3 CELLULASE 185
7.3.6.2.4 OTHERS 185
7.3.6.3 PROTEASE 185
7.3.6.4 OTHERS 185
7.3.7 PHOSPHATE 185
7.3.7.1 DICALCIUM 185
7.3.7.2 MONOCALCIUM 186
7.3.7.3 OTHERS 186
7.3.8 ACIDIFIERS 186
7.3.8.1 FORMIC ACID 186
7.3.8.2 FUMARIC ACID 186
7.3.8.3 LACTIC ACID 187
7.3.8.4 BENZOIC ACID 187
7.3.8.5 PROPIONIC ACID 187
7.3.8.6 CITRIC ACID 187
7.3.8.7 ACETIC ACID 187
7.3.8.8 BUTYRIC ACID 187
7.3.8.9 TARTARIC ACID 187
7.3.8.10 SORBIC ACID 187
7.3.8.11 MALIC ACID 187
7.3.8.12 WATER ACIDIFIERS 187
7.3.8.13 OTHERS 187