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Farm Animal Feed Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Farm Animal Feed Production Market Research Report | Life Sciences | Animal Health | Dec 2012

Pecking order: Growing export demand and rising prices will stimulate revenue growth

IBISWorld’s Farm Animal Feed Production market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Archer Daniels Midland Company Archer Daniels Midland Company market share
Cargill Inc. Cargill Inc. market share
CHS Inc. CHS Inc. market share
Purina Mills LLC Purina Mills LLC market share
Industry Statistics & Market Size
Revenue
$32bn
Annual Growth 07-12
3.7%
Annual Growth 12-17
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Profit
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Employment
31,369
Businesses
2,072
Industry Analysis & Industry Trends

In the past several decades, marked changes in livestock production have paralleled shifts in farm animal feed formulation. Bolstered by spikes in feed prices and increasing demand from downstream farm supplies wholesalers, the Farm Animal Food Production industry's revenue has increased at an annualized rate of 3.7% to $31.7 billion during the past five years. Global population growth and expansion of developing economies have further boosted demand for meat, requiring greater supply of feeds to match growing production. Despite a decline in per capita meat consumption in the United States, demand for farm animal feed was maintained by downstream industries, such as dairy farms. Consequently, industry revenue is expected to rise another 1.5% during 2012.... purchase to read more

Industry Report - Industry Analysis Chapter

Spikes in feed prices and increasing demand from downstream farm supplies wholesalers have boosted Farm Animal Feed production industry revenue at an average annual rate of 3.7% during the five years to 2012. Global population growth and expansion of developing economies have also boosted demand for meat. Overall, the increased consumption of meat products worldwide requires greater supply of farm animal feed to meet growing production. International meat producers increasingly source feed from US industry operators, facilitating domestic revenue growth. Consequently, industry revenue is expected to increase another 1.5% in 2012 to $31.7 billion on the back of consistently high feed prices, which, in turn, are driven by steady demand... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Farm Animal Feed Production Industry?

This industry includes animal feed manufacturers that make food for livestock. Producers use remnants of flour milling, sugar production and other food processing as ingredient inputs to animal feed.

Industry Products
Dairy and beef cattle feedPoultry feedSwine feedOther feed
 
Industry Activities
Cubed alfalfaBarley feed (chopped, crushed or ground)Cattle feeds (supplements, concentrates and premixes)Prepared chicken-feedPrepared turkey-feedDairy cattle feed (supplements, concentrates and premixes)Custom grain-grinding for animal feedCubed haySwine feed


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