North America Animal Feed Market Report and Forecast 2025-2034
Description
The North America animal feed market attained a volume of 299.58 MMT in 2024. The industry is expected to grow at a CAGR of 2.70% during the forecast period of 2025-2034 to attain a volume of 391.04 MMT by 2034.
North America Animal Feed Market Growth
The United States’ market for animal feeds has a critical impact on its economy. In 2023, it is estimated to have filed $18.5 billion in taxes and generated a value-added revenue of $98.4 billion. High livestock population districts like Kansas, Texas, Nebraska, Missouri, and Iowa are expected to drive the market growth in the forecast period.
In Canada, fish farming companies are expected to bolster their partnership with animal nutrition specialists to enhance the sustainability and quality of feed for aquatic animals. This includes the incorporation of algal oils into salmon feed to cater to the increasing demand for safe meat consumption among people.
The establishment of modern animal feed manufacturing facilities in Decatur, Illinois which repurpose agricultural byproducts of corn processing to strategically manufacture insect meal and oil for animal feed, is expected to facilitate the market expansion in the forecast period.
Increasing research into the development of microbial oils to enhance the immunity of farmed fishes against viral compounds is expected to revolutionise aquafeed . Moreover, the introduction of the Innovative FEED (Feed Enhancement and Economic Development) Act in the United States is expected to promote the manufacturing such animal feed ingredients that act within the animal’s gut microbiome and provide different health benefits, which is likely to further fuel the market expansion in the coming years.
North America Animal Feed Industry Segmentation
North America animal feed Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Fodder and Forage
Compound Feed
Market Breakup by Livestock
Pork
Aquatic Animal
Cattle
Poultry
Others
Market Breakup by Raw Material
Soy
Corn
Others
Market Breakup by Country
United States of America
Canada
North America Animal Feed Market Share
Based on country, the market is divided into the United States of America and Canada. Over the forecast period, increasing investments into facility expansion and the development of new animal feed ingredients are expected to make the USA the leading country in the market.
Leading Companies in the North America Animal Feed Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Alltech Inc.
Archer-Daniels-Midland Company
Cargill, Incorporated
Nutreco N.V.
Land O’Lakes, Inc.
Charoen Pokphand Foods PCL
J.D. Heiskell Holding LLC
BRF S.A.
Kent Nutrition Group
Kalmbach Feeds, Inc.
Paragon Feeds Corp.
Canadian Organic Feeds Ltd.
Others
Major market players are focusing on investing in research and development facilities for insect protein, which is expected to emerge as one of the key market trends.
North America Animal Feed Market Growth
The United States’ market for animal feeds has a critical impact on its economy. In 2023, it is estimated to have filed $18.5 billion in taxes and generated a value-added revenue of $98.4 billion. High livestock population districts like Kansas, Texas, Nebraska, Missouri, and Iowa are expected to drive the market growth in the forecast period.
In Canada, fish farming companies are expected to bolster their partnership with animal nutrition specialists to enhance the sustainability and quality of feed for aquatic animals. This includes the incorporation of algal oils into salmon feed to cater to the increasing demand for safe meat consumption among people.
The establishment of modern animal feed manufacturing facilities in Decatur, Illinois which repurpose agricultural byproducts of corn processing to strategically manufacture insect meal and oil for animal feed, is expected to facilitate the market expansion in the forecast period.
Increasing research into the development of microbial oils to enhance the immunity of farmed fishes against viral compounds is expected to revolutionise aquafeed . Moreover, the introduction of the Innovative FEED (Feed Enhancement and Economic Development) Act in the United States is expected to promote the manufacturing such animal feed ingredients that act within the animal’s gut microbiome and provide different health benefits, which is likely to further fuel the market expansion in the coming years.
North America Animal Feed Industry Segmentation
North America animal feed Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Fodder and Forage
Compound Feed
Market Breakup by Livestock
Pork
Aquatic Animal
Cattle
Poultry
Others
Market Breakup by Raw Material
Soy
Corn
Others
Market Breakup by Country
United States of America
Canada
North America Animal Feed Market Share
Based on country, the market is divided into the United States of America and Canada. Over the forecast period, increasing investments into facility expansion and the development of new animal feed ingredients are expected to make the USA the leading country in the market.
Leading Companies in the North America Animal Feed Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Alltech Inc.
Archer-Daniels-Midland Company
Cargill, Incorporated
Nutreco N.V.
Land O’Lakes, Inc.
Charoen Pokphand Foods PCL
J.D. Heiskell Holding LLC
BRF S.A.
Kent Nutrition Group
Kalmbach Feeds, Inc.
Paragon Feeds Corp.
Canadian Organic Feeds Ltd.
Others
Major market players are focusing on investing in research and development facilities for insect protein, which is expected to emerge as one of the key market trends.
Table of Contents
109 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Animal Feed Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Animal Feed Historical Market (2018-2024)
- 5.3 Global Animal Feed Market Forecast (2025-2034)
- 5.4 Global Animal Feed Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 North America Animal Feed Market Overview
- 6.1 Key Industry Highlights
- 6.2 North America Animal Feed Historical Market (2018-2024)
- 6.3 North America Animal Feed Market Forecast (2025-2034)
- 7 North America Animal Feed Market by Type
- 7.1 Fodder and Forage
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Compound Feed
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 North America Animal Feed Market by Livestock
- 8.1 Pork
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Aquatic Animal
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Cattle
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Poultry
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 North America Animal Feed Market by Raw Material
- 9.1 Soy
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Corn
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Others
- 10 North America Animal Feed Market by Country
- 10.1 United States of America
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Canada
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators of Demand
- 11.4 Key Indicators of Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Alltech Inc.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Archer-Daniels-Midland Company
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Cargill, Incorporated
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Nutreco N.V.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Land O’Lakes, Inc.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Charoen Pokphand Foods PCL
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 J.D. Heiskell Holding LLC
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 BRF S.A.
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Kent Nutrition Group
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Kalmbach Feeds, Inc.
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Paragon Feeds Corp.
- 12.5.11.1 Company Overview
- 12.5.11.2 Product Portfolio
- 12.5.11.3 Demographic Reach and Achievements
- 12.5.11.4 Certifications
- 12.5.12 Canadian Organic Feeds Ltd.
- 12.5.12.1 Company Overview
- 12.5.12.2 Product Portfolio
- 12.5.12.3 Demographic Reach and Achievements
- 12.5.12.4 Certifications
- 12.5.13 Others
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