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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Archer Daniels Midland Company Archer Daniels Midland Company market share
Cargill Inc. Cargill Inc. 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 SWOT Analysis Chapter

The Farm Animal Feed Production industry is expected to grow at a similar pace to the overall economy during the 10 years to 2017. The industry's contribution to the overall economy, as measured by the industry valued added (IVA), is projected to increase at an average annual rate of 1.3%. During the same period, GDP is expected to grow an average 1.8% annually. Therefore, the industry is in the mature state of its life cycle, characterized by a saturated market with little rood for product innovation.

Product segmentation and production technology also indicate the industry's developmental phase. Currently, the industry offers a stable and clearly segmented range of product groups and has undergone some product consolidation during the current period... 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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