United States Compound Feed Market, By Ingredient (Cereals, Cakes & Meals, Animal B-products); By Livestock (Ruminants, Poultry, Swine, Aquaculture); By Form (Mash, Pellets, Crumbles); By Source (Plant-based, Animal-based), Competitive Landscape & Forecast, 2019–2029
United States Compound Feed Market Size Set to Reach USD 125 Billion by 2029
United States compound feed market is flourishing due to an increasing demand for animal protein products, growth in the livestock industry, rising awareness about animal nutrition, advancements in feed technologies, and the need to improve feed efficiency and animal health to meet the rising demand for protein-rich food.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the United States compound feed market size at USD 97.51 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the United States compound feed market size to grow at a CAGR of 4.22% reaching a value of USD 124.92 billion by 2029. The increasing demand for meat and dairy products, together with a greater emphasis on animal nutrition and health, are major drivers driving the expansion of the US compound feed market. To appeal to ecologically concerned clients, the market also witnessed a shift toward sustainable and organic feed sources. Technological and research advancements contributed to improved feed formulations, which increased animal performance. However, market dynamics were influenced by volatile raw material prices and regulatory demands. Overall, the compound feed market in the United States remains active and sensitive to changing consumer tastes and industrial demands.
United States Compound Feed Market – Overview
Compound feed refers to a balanced mixture of various ingredients, such as grains, cereals, oilseeds, minerals, vitamins, and additives, formulated to provide complete and balanced nutrition for livestock animals. It is a convenient and efficient way to ensure animals receive the essential nutrients required for their growth, reproduction, and overall well-being. Compound feed is widely used in the livestock industry, including poultry, swine, cattle, and aquaculture, as it enhances feed efficiency, promotes animal health, and optimizes production outcomes. The market for compound feed is driven by the increasing demand for animal protein products and the need to improve agricultural productivity to sustainably meet global food demands.
Impact of COVID-19 on United States Compound Feed Market
The United States compound feed market experienced a significant impact by COVID-19 pandemic. The pandemic disrupted the supply chain, causing shortages of raw materials and hindering production. Demand fluctuations occurred due to lockdowns and economic uncertainties, affecting feed consumption in various livestock sectors. Market players faced operational challenges, labor shortages, and transport restrictions. However, the sector demonstrated resilience by adopting digital solutions and optimizing distribution networks. Government interventions and stimulus packages played a crucial role in mitigating the impact. As the situation improved, the market showed signs of recovery, with a gradual rebound in demand and an increased focus on sustainability and resilience measures.
United States Compound Feed Market – By Source
On the basis of source, United States compound feed market is bifurcated into Plant- based and Animal-based segments. These segments encompass various feed products designed for different types of livestock and pets. Plant-based feed comprises ingredients derived from plants and crops, while Animal-based feed consists of components sourced from animals. Both segments play a crucial role in providing essential nutrients to support the growth, health, and productivity of animals. The market's continuous growth is driven by the increasing demand for high-quality animal products, emphasizing the significance of these two segments in the overall feed industry.
Competitive Landscape
United States compound feed market is fiercely competitive. Major companies in the market include Charoen Pokphand Foods, Cargill Inc., Land O Lakes Purina, Alltech Inc., Archer Daniels Midland, ForFarmers, DeKalb Feeds, Kent Feeds, Weston Milling Animal Nutrition, and Nutreco NV. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United States compound feed market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United States Compound Feed Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Compound Feed Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. United States Compound Feed Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Surge in demand for appropriate livestock nutrition
- 3.2.1.2. Advancement in technology
- 3.2.2. Restraints
- 3.2.2.1. Volatile raw material prices for manufacturing of compound feed
- 3.2.3. Opportunities
- 3.2.3.1. Growing importance of livestock feeding practice in developing economies
- 3.2.4. Challenges
- 3.2.4.1. Stringent regulatory framework
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. United States Compound Feed Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Ingredient
- 4.2.1.1. Cereals
- 4.2.1.2. Cakes & Meals
- 4.2.1.3. Animal B-products
- 4.2.1.4. Others
- 4.2.2. By Livestock
- 4.2.2.1. Ruminants
- 4.2.2.2. Poultry
- 4.2.2.3. Swine
- 4.2.2.4. Aquaculture
- 4.2.2.5. Others
- 4.2.3. By Form
- 4.2.3.1. Mash
- 4.2.3.2. Pellets
- 4.2.3.3. Crumbles
- 4.2.3.4. Others
- 4.2.4. By Source
- 4.2.4.1. Plant-based
- 4.2.4.2. Animal-based
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. United States Compound Feed Company Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Covid-19 on United States Compound Feed Market
- 7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. Charoen Pokphand Foods
- 7.2. Cargill Inc.
- 7.3. Land O Lakes Purina
- 7.4. Alltech Inc.
- 7.5. Archer Daniels Midland
- 7.6. ForFarmers
- 7.7. DeKalb Feeds
- 7.8. Kent Feeds
- 7.9. Weston Milling Animal Nutrition
- 7.10. Nutreco NV
- 7.11. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Region
- 9.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 United States Compound Feed Segmentation
- Figure 2 United States Compound Feed Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 United States Compound Feed Market Size, By Value (USD Million), 2019–2029
- Figure 5 United States Compound Feed Market Share, By Ingredient, By Value, 2019–2029
- Figure 6 United States Compound Feed Market Share, By Livestock, By Value, 2019–2029
- Figure 7 United States Compound Feed Market Share, By Form, By Value, 2019–2029
- Figure 8 United States Compound Feed Market Share, By Source, By Value, 2019–2029
- List of Tables
- Table 1 United States Compound Feed Market Size, By Value (USD Million), 2019–2029
- Table 2 United States Compound Feed Market Size, By Ingredient, By Value, 2019–2029
- Table 3 United States Compound Feed Market Size, By Livestock, By Value, 2019–2029
- Table 4 United States Compound Feed Market Size, By Form, By Value, 2019–2029
- Table 5 United States Compound Feed Market Size, By Source, By Value, 2019–2029
- Table 6 Charoen Pokphand Foods Company Overview
- Table 7 Charoen Pokphand Foods Financial Overview
- Table 8 Cargill Inc. Company Overview
- Table 9 Cargill Inc. Financial Overview
- Table 10 Land O Lakes Purina Company Overview
- Table 11 Land O Lakes Purina Financial Overview
- Table 12 Alltech Inc. Company Overview
- Table 13 Alltech Inc. Financial Overview
- Table 14 Archer Daniels Midland Company Overview
- Table 15 Archer Daniels Midland Financial Overview
- Table 16 ForFarmers Company Overview
- Table 17 ForFarmers Financial Overview
- Table 18 DeKalb Feeds Company Overview
- Table 19 DeKalb Feeds Financial Overview
- Table 20 Kent Feeds Company Overview
- Table 21 Kent Feeds Financial Overview
- Table 22 Weston Milling Animal Nutrition Company Overview
- Table 23 Weston Milling Animal Nutrition Financial Overview
- Table 24 Nutreco NV Company Overview
- Table 25 Nutreco NV Financial Overview
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