Canada Animal Feed Market Report and Forecast 2025-2034

Canada Animal Feed Market Growth

Canada is witnessing significant growth in its animal feed market, and the sector is considered an important part of Canada’s agri-food economy. It is an integral part of the value chain, and hence, involves interaction of a number of stakeholders from grain growers to producers of meat, milk, and eggs. In 2022, the international exports of livestock feed and feed ingredients generated about CAD 3.33 billion in revenue.  The rising need for high protein foods from the Canadian population is driving up the demand for meat and dairy products, further contributing to the growth of the Canada animal feed market.

In 2023, corn output in Canada amounted to 15.076 million tonnes, up around 3.7% on the year, whereas soybean production increased 6.6% to 6.981 million.  Additionally, in the largest farm province of Ontario, the on-farm corn stocks were reported at 2.695 million tonnes as of March 31, 2023, while on-farm soybean stocks in the province was reported at 515,000 tonnes.

Canada has the presence of 471 commercial mills that supply about 19.5 million tonnes of feed.  Commercial feed mills are businesses that produce feed for sale and distribution in the Canadian marketplace and/or for export. About 2/3rd of the feed consumed is provided by commercial feed mills, while the remaining one-third of the feed consumed by Canadian livestock is manufactured by the estimated 25,000 on-farm feed mills.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Canada Animal Feed Industry Segmentation

Canada Animal Feed Market Share

Based on livestock, the market is divided into pork, aquatic animal, cattle, poultry, and others. Canada is witnessing a growing demand for poultry, resulting from its flavour/taste, versatility, and the growing awareness of chicken as a healthy source of protein.

Leading Companies in the Canada 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 product launches.

• Alltech Inc

• Archer-Daniels-Midland Company

• Cargill, Incorporated

• Nutreco N.V.

• Charoen Pokphand Foods PCL

• Paragon Feeds Corp

• BRF S.A

• Canadian Organic Feeds Ltd

• Top Shelf Feeds

• Others

The market participants are increasing their production capacity, remaining competitive by benefiting from economies of scale.