Industry Analysis & Industry Trends
The Farm Animal Feed Production industry's prospects have fluctuated over the past five year period alongside dramatic spikes in feed prices as well as increased demand from downstream farms supplies wholesalers. Global population growth and expansion of developing economies have boosted demand for meat, requiring greater supplies of feed to match growing production. At the same time, a severe drought caused commodity prices to increase dramatically in 2012. During the five years to 2019, IBISWorld forecasts industry revenue to increase. The emergence of a middle-class in developing countries around the world has increased demand for meat products.... purchase to read more
Industry Report - Industry Locations Chapter
Establishments in the Farm Animal Feed Production industry are strategically located close to key inputs and major transportation hubs while remaining within serviceable distance to large markets. In the past five years, the industry's top manufacturers concentrated their operations on a small number of sites because high throughput, automatic equipment and almost-continuous operation produce significant economies of scale. Products are then transported in bulk to distribution centers across the country. The trend of rising geographic concentration is consistent with trends across the overall food manufacturing sector.
The Plains region houses the majority of industry establishments and is estimated to account for about 23.6% of the total in 2014... purchase to read more