Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others), And Competitive Landscape
Product Code: ETC150181 | Publication Date: Jan 2025 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Canada Animal Feed market currently, in 2023, has witnessed an HHI of 8485, Which has increased substantially as compared to the HHI of 5465 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Canada Animal Feed Market |
CAGR | 5% |
Growing Sector | Pet Food |
Forecast Period | 2025-2031 |
The Canada Animal Feed Market report thoroughly covers the market By Type, by form and by species. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Canada animal feed market is a dynamic sector driven by the country's robust livestock farming industry. With a focus on enhancing animal health and productivity, the market offers a diverse range of feed products tailored to the nutritional needs of various animals, including poultry, cattle, swine, and aquaculture. Advances in feed formulation and the incorporation of additives like vitamins, minerals, and enzymes are significantly enhancing feed efficacy, supporting better growth rates and disease resistance in animals. The market is further influenced by trends in organic and non-GMO feed demand, reflecting consumer preferences towards healthier and sustainable animal products. Moreover, stringent regulations and quality standards are crucial in ensuring the safety and nutritional adequacy of the feed.
According to 6Wresearch, Canada Animal Feed Market size is projected to witness a CAGR of 5% during the forecast period of 2025-2031. the growing demand for meat and dairy products, which in turn increases the need for quality livestock feed. With a rise in consumer awareness regarding healthy and sustainable dietary choices, there is a significant push towards enhancing the nutritional quality of animal feed to ensure optimal livestock health and productivity. Additionally, technological advancements in feed production and formulation have enabled producers to develop specialized feed types tailored to specific livestock needs, further propelling market growth.
the fluctuating prices of raw materials such as grains and oilseeds, which impact the overall cost and profitability of feed production. Additionally, the industry must navigate stringent regulatory standards that are designed to ensure safety and quality, which can increase operational costs for producers. Furthermore, increasing concerns about environmental sustainability and the carbon footprint of feed production present ongoing hurdles that manufacturers must address to remain competitive in the market.
The Canada animal feed market is dominated by several key players who contribute significantly to the industry through innovation and extensive distribution networks. Some of the leading companies include Cargill, Inc., which offers a diverse range of feed products designed for livestock, poultry, and aquaculture. Also noteworthy is the presence of Nutreco NV, a global leader focused on creating high-quality nutritional solutions. Another important player is Alltech, known for its research-driven approach to enhancing feed efficiency and animal health. These companies, among others, are instrumental in shaping the animal feed market in Canada, driving growth through sustainable practices and cutting-edge technology.
The Canadian government has implemented several initiatives to support the animal feed market, recognizing its critical role in the agricultural economy. Programs aimed at enhancing feed quality standards and sustainability have been introduced to ensure that livestock receives optimal nutrition. These initiatives also focus on research and development, fostering innovation in feed formulation and production technologies. Furthermore, the government has established regulatory frameworks that promote safety and traceability within the feed supply chain. Through partnerships with industry stakeholders, these efforts aim to bolster the competitiveness of Canadian agriculture while ensuring environmentally responsible practices.
The future of the Canada animal feed market is poised for significant growth, driven by multiple factors including the rising demand for high-quality meat and dairy products, advancements in animal nutrition, and increased awareness of sustainable farming practices. Technological innovations and the incorporation of precision feeding techniques are expected to enhance feed efficiency and productivity, reducing waste and minimizing environmental impact. Additionally, the trend towards natural and organic feed ingredients is gaining momentum, as consumers become more conscious of the food chain's overall healthfulness and sustainability. Regulatory support and investment in research and development are likely to further bolster the market, ensuring that Canada's animal feed industry continues to adapt to changing consumer preferences and global market dynamics.
According to Ravi Bhandari, Research Head, 6Wresearch, Pellets are processed feed that combines various nutrients essential for the healthy growth and development of livestock. They offer numerous advantages, such as reducing feed wastage and ensuring a balanced diet, which promotes better digestion and absorption of nutrients. This trend is supported by advancements in pellet production technology and increased awareness among farmers about the benefits of pelletized feed. As a result, the demand for pellets is rising, establishing them as a staple in the Canadian animal feed market.
The poultry sector in Canada plays a crucial role within the animal feed market, driven by its significant contribution to the agricultural industry. With an emphasis on sustainable and high-quality production, Canadian poultry farms are continually evolving their feed practices to meet consumer demand and ensure animal welfare. This includes utilizing advanced feed formulations that optimize nutrient absorption and improve bird health, consequently enhancing meat and egg production. The animal feed market in Canada supports this by offering a diverse range of feed options, tailored to the specific needs of poultry at different growth stages.
The use of probiotics in the Canadian animal feed market is gaining traction as farmers and producers increasingly seek healthier alternatives to traditional feed additives. Probiotics, which are live bacteria and yeasts beneficial for digestive health, are being incorporated into animal feed to promote gut health, enhance nutrient absorption, and bolster the immune system of livestock. As the demand for organic and antibiotic-free products rises, the integration of probiotics offers a natural solution to improve animal health and productivity, while aligning with consumer preferences for sustainable agricultural practices.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Animal Feed Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Animal Feed Market - Industry Life Cycle |
3.4 Canada Animal Feed Market - Porter's Five Forces |
3.5 Canada Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Canada Animal Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Canada Animal Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Canada Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Canada Animal Feed Market Trends |
6 Canada Animal Feed Market, By Types |
6.1 Canada Animal Feed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Canada Animal Feed Market Revenues & Volume, By Form, 2021 - 2031F |
6.1.3 Canada Animal Feed Market Revenues & Volume, By Pellets, 2021 - 2031F |
6.1.4 Canada Animal Feed Market Revenues & Volume, By Crumbles, 2021 - 2031F |
6.1.5 Canada Animal Feed Market Revenues & Volume, By Mash, 2021 - 2031F |
6.1.6 Canada Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Canada Animal Feed Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Canada Animal Feed Market Revenues & Volume, By Poultry, 2021 - 2031F |
6.2.3 Canada Animal Feed Market Revenues & Volume, By Ruminants, 2021 - 2031F |
6.2.4 Canada Animal Feed Market Revenues & Volume, By Aqua, 2021 - 2031F |
6.2.5 Canada Animal Feed Market Revenues & Volume, By Swine, 2021 - 2031F |
6.2.6 Canada Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Canada Animal Feed Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Canada Animal Feed Market Revenues & Volume, By Acidifiers, 2021 - 2031F |
6.3.3 Canada Animal Feed Market Revenues & Volume, By Probiotics, 2021 - 2031F |
6.3.4 Canada Animal Feed Market Revenues & Volume, By Enzyme, 2021 - 2031F |
6.3.5 Canada Animal Feed Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
6.3.6 Canada Animal Feed Market Revenues & Volume, By Antibiotics, 2021 - 2031F |
6.3.7 Canada Animal Feed Market Revenues & Volume, By Vitamins, 2021 - 2031F |
6.3.8 Canada Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
7 Canada Animal Feed Market Import-Export Trade Statistics |
7.1 Canada Animal Feed Market Export to Major Countries |
7.2 Canada Animal Feed Market Imports from Major Countries |
8 Canada Animal Feed Market Key Performance Indicators |
9 Canada Animal Feed Market - Opportunity Assessment |
9.1 Canada Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Canada Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Canada Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Canada Animal Feed Market - Competitive Landscape |
10.1 Canada Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Canada Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others), And Competitive Landscape
Product Code: ETC150181 | Publication Date: Nov 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Canada Animal Feed Market is projected to grow over the coming year. Canada Animal Feed Market report is a part of our periodical regional publication North America Animal Feed Market outlook report. 6W tracks the Animal Feed market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Animal Feed Market outlook report annually.
Canada Animal Feed Market report thoroughly covers the market by Form, species, and type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In recent years, the Canada Animal Feed market has seen significant growth and development. This is attributable to a number of key factors, including:
The Canadian animal feed market is expected to grow significantly in the next few years. This growth is being driven by a number of factors, including the increasing demand for meat and dairy products, the growing number of livestock farms and the government's recent initiatives to support the livestock industry. As the demand for animal feed increases, so does the need for reliable and efficient suppliers. In this blog post, we will take a look at some of the leading suppliers in the Canadian market, as well as the challenges they face in meeting the growing demand.
Canada Animal Feed Market is expected to gain momentum during the upcoming period on account of rising penetration towards keeping pets. The increasing disposable income along with improvement in the standard of living is shifting the market towards high-quality meat further leading to the Canada Animal Feed Market Growth. Additionally, the growing consumption of milk and an animal-based product backed by high nutrition value is driving the development of the Animal Feed Market in Canada.
According to 6Wresearch, Canada Animal Feed Market size is projected to register growth during 2020-2026. Rising awareness among consumers regarding the safety of animals coupled with outburst of disease among animals is adding to the Canada Animal Feed Market Revenue. Moreover, increasing health consciousness among people backed by the adoption of vegan diet triggers the potential growth of the market. However, the marker suffered with the recent decline due to the outburst of coronavirus leading to the nationwide lockdown. The restrictions on the movement of goods backed by the shutting down of retail units further led to the disruption in the supply chain and hampered the growth of the Canada Animal Feed Market.
Based on species, the Poultry segment accounted for the highest share of Canada Animal Feed Market Share and is expected to lead the market during the forthcoming period as well.
The report provides a detailed analysis of the following market segments: