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Historical Year
Forecast Year
The North America animal feed market is projected to grow at a CAGR of 3.8% between 2025 and 2034. The market is being driven by the growing livestock population in the United States and Canada.
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 Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Livestock
Market Breakup by Raw Material
Market Breakup by Country
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.
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.
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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Livestock |
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Breakup by Raw Material |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 3.8% between 2025 and 2034.
The different raw materials used in animal feed include soy and corn, among others.
The major livestock considered in the market report include pork, aquatic animal, cattle, and poultry, among others.
The different types of feed in the market include fodder and forage and compound feed.
The different countries considered in the market report are the United States of America and Canada.
The key market players are Alltech Inc., Archer-Daniels-Midland Company, Cargill, Incorporated, Nutreco N.V., and 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., and Canadian Organic Feeds Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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