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Report
United States Compound Feed Market Report and Forecast 2024-2032
Market Report I 2024-02-13 I 140 Pages I EMR Inc.
United States Compound Feed Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United States compound feed market reached a value of USD 214.24 billion in 2023. Aided by the escalating demand for meat and dairy products, along with a growing focus on livestock health and productivity, the market is projected to further grow at a CAGR of 4.3% between 2024 and 2032 to reach a value of USD 313.84 billion by 2032.
Compound feed, a blend of various raw materials and additives, is formulated to provide a balanced diet to livestock, including poultry, swine, ruminants, and aquaculture species. This meticulously balanced feed is crucial for ensuring optimal health, growth, and productivity of animals, thereby playing a pivotal role in the efficiency and sustainability of the livestock and aquaculture sectors.
The United States compound feed market demand is driven by several factors. Primary among these is the increasing consumption of meat and dairy products, driven by a growing population and rising income levels. This surge in demand necessitates higher livestock production, which in turn, fuels the need for quality compound feed to ensure the health and productivity of animals.
Moreover, there is an increasing awareness among farmers and livestock producers about the benefits of nutritionally enriched compound feeds in enhancing animal growth, feed conversion rates, and overall farm efficiency. This awareness is further bolstered by advancements in animal nutrition science, leading to the development of specialised feeds tailored for different species, life stages, and production purposes.
The United States compound feed market outlook is further being influenced by a significant shift towards sustainable and environmentally friendly farming practices. This includes a focus on reducing the environmental impact of livestock farming, where the use of compound feed plays a crucial role by optimising feed utilisation and minimising waste.
Looking forward, the compound feed market is set for a promising growth trajectory, underpinned by the continuous demand for animal protein and the increasing focus on animal health and productivity. According to the United States compound feed market analysis, as the population grows and dietary preferences evolve, the importance of efficient and sustainable livestock production becomes ever more paramount, highlighting the crucial role of compound feed in this ecosystem.
Market Segmentation
The market can be divided based on animal type, ingredient, source, form, and region.
Market Breakup by Animal Type
- Ruminants
- Poultry
- Swine
- Aquaculture
- Others
Market Breakup by Ingredient
- Cereals
- Cakes and Meals
- By-Products
- Supplements
o Vitamins
o Amino Acid
o Enzyme
o Prebiotics and Probiotics
o Acidifiers
Market Breakup by Source
- Plant Based
- Animal Based
Market Breakup by Form
- Pellets
- Mash
- Crumbles
- Others
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States compound feed market. Some of the major players explored in the report by Expert Market Research are as follows:
- Cargill Inc.
- Archer-Daniels-Midland Co.
- Roquette Freres
- 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
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual 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 Compound Feed Market Overview
8.1 Key Industry Highlights
8.2 North America Compound Feed Historical Market (2018-2023)
8.3 North America Compound Feed Market Forecast (2024-2032)
8.4 North America Compound Feed Market Share by Country
8.4.1 United States
8.4.2 Canada
9 United States Compound Feed Market Overview
9.1 Key Industry Highlights
9.2 United States Compound Feed Historical Market (2018-2023)
9.3 United States Compound Feed Market Forecast (2024-2032)
10 United States Compound Feed Market by Animal Type
10.1 Ruminants
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Poultry
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Swine
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Aquaculture
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 United States Compound Feed Market by Ingredient
11.1 Cereals
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Cakes and Meals
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 By-Products
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Supplements
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.4.3 Breakup by Type
11.4.3.1 Vitamins
11.4.3.2 Amino Acid
11.4.3.3 Enzyme
11.4.3.4 Prebiotics and Probiotics
11.4.3.5 Acidifiers
12 United States Compound Feed Market by Source
12.1 Plant Based
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Animal Based
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United States Compound Feed Market by Form
13.1 Pellets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Mash
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Crumbles
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 United States Compound Feed Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mideast
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Plains
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Southeast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Southwest
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Far West
14.8.1 Historical Trend (2018-2023)
14.8.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter's Five Forces Analysis
15.2.1 Supplier's Power
15.2.2 Buyer's Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cargill Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Archer-Daniels-Midland Co.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Roquette Freres
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Nutreco N.V
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Alltech Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Smithfield Foods, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Hueber Feed, LLC
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Land O'Lakes, Inc. (Purina Animal Nutrition LLC)
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Kent Nutrition Group, Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Perdue AgriBusiness LLC
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Compound Feed Market: Key Industry Highlights, 2018 and 2032
2. United States Compound Feed Market: Key Industry Highlights, 2018 and 2032
3. United States Compound Feed Historical Market: Breakup by Animal Type (USD Billion), 2018-2023
4. United States Compound Feed Market Forecast: Breakup by Animal Type (USD Billion), 2024-2032
5. United States Compound Feed Historical Market: Breakup by Ingredient (USD Billion), 2018-2023
6. United States Compound Feed Market Forecast: Breakup by Ingredient (USD Billion), 2024-2032
7. United States Compound Feed Historical Market: Breakup by Source (USD Billion), 2018-2023
8. United States Compound Feed Market Forecast: Breakup by Source (USD Billion), 2024-2032
9. United States Compound Feed Historical Market: Breakup by Form (USD Billion), 2018-2023
10. United States Compound Feed Market Forecast: Breakup by Form (USD Billion), 2024-2032
11. United States Compound Feed Historical Market: Breakup by Region (USD Billion), 2018-2023
12. United States Compound Feed Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. United States Compound Feed Market Structure
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