DUBLIN–(BUSINESS WIRE)–The «USA Animal Feed Market – Forecasts from 2022 to 2027» report has been added to ResearchAndMarkets.com’s offering.
Growing consumer awareness about the safety of animal products, combined with infectious disease outbreaks in animals, is expected to be the primary factor driving up demand for animal feed during the forecast period. Furthermore, the presence of a large number of market players in the region is expected to fuel market growth significantly over the coming years.
Compound feed production in the USA exceeded 215.79MT in 2020, according to IFIF. This, however, is the amount produced in the professional feed industry. According to the UN Food and Agriculture Organization (FAO), the world will need to increase food production by more than 60% by 2050. As a result, animal-based protein production is expected to rise in tandem. According to the FAO, between 2020 and 2050, this rise will be around 1.7 percent per year.
During the same time period, meat production is expected to rise by about 70%, seafood products by 90%, and dairy products by 55%. The International Feed Industry Federation (IFIF) predicts that poultry, pig, and beef production will double by 2050, while dairy and fish production will triple. Because of the increased consumption of animal proteins, the animal feed sector’s importance will grow. Because the feed industry is expected to be the largest factor in ensuring long-term progress in animal husbandry. Every boost in animal protein production necessitates a substantial increase in animal feed production to attain sustainable animal production.
US Animal Feed Market Growth Drivers
It is expected that the market growth for livestock and livestock products such as meat, dairy, and eggs has helped fuel the expansion of US animal feed market production and animal feed exports among many of the country’s biggest animal feed companies.
The rising awareness among dairy producers about the safety of animal feed and items is also expected to drive US animal feed market growth. With the emphasis of governments and international organizations such as the Food and Agricultural Organization (FAO) on ensuring the health and safety of animal-based- based foods for human consumption, the animal feed market in the United States is expected to experience rapid growth.
Market Segmentation:
By Type
- Fodder
- Forage
- Compound Feed
By Livestock
- Swine
- Aquatic Animals
- Cattle
- Poultry
- Others
By Raw Materials
- Soya
- Canola
- Rendered Meal
By Production Systems
- Integrated
- Commercial mills
Key Topics Covered:
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Porter’s Five Force Analysis
4.5. Industry Value Chain Analysis
5. USA ANIMAL FEED MARKET BY TYPE
5.1. Fodder
5.2. Forage
5.3. Compound Feed
6. USA ANIMAL FEED MARKET BY LIVESTOCKS
6.1. Pork
6.2. Aquatic Animals
6.3. Cattle
6.4. Poultry
6.5. Others
7. USA ANIMAL FEED MARKET BY RAW MATERIAL
7.1. Soya
7.2. Corn
7.3. Rendered Meal
7.4. Others
8. USA ANIMAL FEED MARKET BY PRODUCTION SYSTEMS
8.1. Integrated
8.2. Commercial Mills
9. COMPETITIVE INTELLIGENCE
9.1. Major Players And Strategy Analysis
9.2. Emerging Players And Market Lucrativeness
9.3. Mergers, Acquisition, Agreements, And Collaborations
9.4. Vendor Competitiveness Matrix
Companies Mentioned
- Tyson Foods
- Alltech
- Cargill, Incorporated
- Purina Animal Nutrition (Land O’lakes)
- Kemin Industries, Inc.
- Basf Se
- Hi-Pro Feeds
- Kent Nutrition Group
- Perdue Farms
For more information about this report visit https://www.researchandmarkets.com/r/cpqhtv
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