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: ETC018441 | Publication Date: Jul 2023 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
USA Animal Feed market currently, in 2023, has witnessed an HHI of 1027, Which has decreased slightly as compared to the HHI of 1332 in 2017. The market is moving towards highly competitive. 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 | United States (US) Animal Feed Market |
Forecast period | 2024-2030 |
CAGR | 4.40% |
Growing Sector | Agricultural Sector |
This United States (US) Animal Feed Market report delivers thorough analyses of the market by Form, Species and Type. The United States (US) Animal Feed Market Outlook report delivers an unbiased and detailed analysis of the United States (US) Animal Feed Market trends, growth areas/opportunities, and market drivers which would help stakeholders in devising and aligning their market strategies according to the current and future market dynamics.
The United States (US) Animal Feed market is set for significant growth, primarily driven by the increasing need for high-quality, functional, and readily accessible animal feed across diverse sectors.
According to 6Wresearch, the United States (US) Animal Feed Market size is projected to grow at a CAGR ofย 4.40% between 2024 and 2030. The augmented need for a wide range of nutrition solutions, catering to diverse species needs, is driving the market growth. Different sectors and applications necessitate specialized products, leading to increased usage of various types of animal feed. Developments in associated technologies, market segmentation strategies, and inventive solutions intended for niche markets are speeding up the market growth. Further, the rise in farming needs and demand for effective animal feed are driving the Animal Feed market in the United States (US).
Despite the soaring demand for Animal Feed in the United States (US), the market faces several challenges such as new regulations related to feed safety and environmental concerns may require manufacturers to adapt their operations, potentially increasing costs and complexity.ย
The United States (US) Animal Feed Market is witnessing substantial growth, with key players like Archer Daniels Midland Company,Cargill Inc.,Land O'Lakes Purina,BASF SE,Nutreco N.V., United Animal Health, Alltech Inc. These industry leaders are applauded for their high-quality and efficient products. They concentrate on innovative designs and customer-focused strategies to strengthen their market positions. Their products are known for their functionality and quality, aligning with diverse consumer requirements.
Government investments in agricultural schemes and animal welfare campaigns facilitate market entry and public services, creating opportunities for animal feed usage across various sectors. The government's policies aimed at enhancing animal health standards often involve expanding the availability and use of advanced animal feed. These measures fuel market growth by crafting opportunities for manufacturers to supply cutting-edge products. The government's budget allocation for agricultural utilities influences investment in new animal feed set-ups.
The market is envisaged to witness advancements in animal feed manufacturing capabilities. Innovations like organic formulas, high-capacity packaging, and enhanced nutritional features are presumptively going to shape the future of Animal Feed in the United States (US). With an increased focus on animal health, the United States (US) Animal Feed market is anticipated to flourish in terms of market size, sales volume, and the deployment of specialized supplies designed to meet evolving demands.
According to Dhaval, Research Manager, 6Wresearch, The "Pellets" segment is witnessing rapid growth driven by the increasing demand for easy to consume and nutritious feed in both commercial and home farming.
The " Antioxidants & Vitamins" is witnessing rapid growth driven by the heightened focus on animal welfare and health, feed types such as antioxidants and vitamins are increasingly used to boost immunity and overall health.
The "Poultry" segment is observing significant growth due to the rising animal farming and an increasing number of poultry farms are significant contributors to this growth.
The report provides a detailed analysis of the following 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 United States (US) Animal Feed Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Animal Feed Market Revenues & Volume, 2020 & 2030F |
3.3 United States (US) Animal Feed Market - Industry Life Cycle |
3.4 United States (US) Animal Feed Market - Porter's Five Forces |
3.5 United States (US) Animal Feed Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.6 United States (US) Animal Feed Market Revenues & Volume Share, By Species, 2020 & 2030F |
3.7 United States (US) Animal Feed Market Revenues & Volume Share, By Type, 2020 & 2030F |
4 United States (US) Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Animal Feed Market Trends |
6 United States (US) Animal Feed Market, By Types |
6.1 United States (US) Animal Feed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Animal Feed Market Revenues & Volume, By Form, 2020 - 2030F |
6.1.3 United States (US) Animal Feed Market Revenues & Volume, By Pellets, 2020 - 2030F |
6.1.4 United States (US) Animal Feed Market Revenues & Volume, By Crumbles, 2020 - 2030F |
6.1.5 United States (US) Animal Feed Market Revenues & Volume, By Mash, 2020 - 2030F |
6.1.6 United States (US) Animal Feed Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 United States (US) Animal Feed Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Animal Feed Market Revenues & Volume, By Poultry, 2020 - 2030F |
6.2.3 United States (US) Animal Feed Market Revenues & Volume, By Ruminants, 2020 - 2030F |
6.2.4 United States (US) Animal Feed Market Revenues & Volume, By Aqua, 2020 - 2030F |
6.2.5 United States (US) Animal Feed Market Revenues & Volume, By Swine, 2020 - 2030F |
6.2.6 United States (US) Animal Feed Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 United States (US) Animal Feed Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Animal Feed Market Revenues & Volume, By Acidifiers, 2020 - 2030F |
6.3.3 United States (US) Animal Feed Market Revenues & Volume, By Probiotics, 2020 - 2030F |
6.3.4 United States (US) Animal Feed Market Revenues & Volume, By Enzyme, 2020 - 2030F |
6.3.5 United States (US) Animal Feed Market Revenues & Volume, By Antioxidants, 2020 - 2030F |
6.3.6 United States (US) Animal Feed Market Revenues & Volume, By Antibiotics, 2020 - 2030F |
6.3.7 United States (US) Animal Feed Market Revenues & Volume, By Vitamins, 2020 - 2030F |
6.3.8 United States (US) Animal Feed Market Revenues & Volume, By Others, 2020 - 2030F |
6.3.9 United States (US) Animal Feed Market Revenues & Volume, By Others, 2020 - 2030F |
7 United States (US) Animal Feed Market Import-Export Trade Statistics |
7.1 United States (US) Animal Feed Market Export to Major Countries |
7.2 United States (US) Animal Feed Market Imports from Major Countries |
8 United States (US) Animal Feed Market Key Performance Indicators |
9 United States (US) Animal Feed Market - Opportunity Assessment |
9.1 United States (US) Animal Feed Market Opportunity Assessment, By Form, 2020 & 2030F |
9.2 United States (US) Animal Feed Market Opportunity Assessment, By Species, 2020 & 2030F |
9.3 United States (US) Animal Feed Market Opportunity Assessment, By Type, 2020 & 2030F |
10 United States (US) Animal Feed Market - Competitive Landscape |
10.1 United States (US) Animal Feed Market Revenue Share, By Companies, 2023 |
10.2 United States (US) Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |