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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Smithfield Foods, Inc., established in 1936, is a prominent vertically integrated protein American company. It is headquartered in Smithfield, Virginia, and is dedicated to producing “Good food. Responsibly® and feed a growing population. Some of its portfolios include Eckrich®, Nathan’s Famous®, Smithfield®, and Gwaltney®, among others.
Hueber Feed, LLC is a family-operated and owned company that provides personalised services. Founded in 1982 and headquartered in Illinois, the United States, the company aims to assist customers in meeting nutritional and feed needs. Its offers innovative livestock feed rations and supplements, farm consulting services, and production management solutions for driving the growth of the livestock industry.
Kent Nutrition Group, Inc., founded in 1927, is a leading animal nutrition brand in the United States. Its products are sold throughout the Midwest and East. It is engaged in manufacturing custom animal feed formulas for livestock producers. The company is also committed to innovations in animal nutrition that can benefit farming communities and commercial producers.
Other United States compound feed market players include Cargill Inc., Archer-Daniels-Midland Co., Roquette Frères, Nutreco N.V, Alltech Inc., Land O’Lakes, Inc. (Purina Animal Nutrition LLC), and Perdue AgriBusiness LLC, among others.
United States Compound Feed Market Report Snapshots
United States Compound Feed Market Size
United States Compound Feed Market Trends
United States Compound Feed Companies
*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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Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 103.69 billion.
The market is assessed to grow at a CAGR of 4.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 150.58 billion by 2032.
The rising demand for meat and animal-based products and growing concerns regarding animal welfare in the country are the major market drivers.
Technological advancements, the growing preference for sustainable compound feed, and the thriving US poultry industry are the key trends aiding the market growth.
Ruminants, poultry, swine, and aquaculture, among others, are the different animal types considered in the market report.
The significant sources of compound feed are plant based and animal based.
The major players in the market are Cargill Inc., Archer-Daniels-Midland Co., Roquette Frères, Nutreco N.V, Alltech Inc., Smithfield Foods, Inc., Hueber Feed, LLC, Land O’Lakes, Inc. (Purina Animal Nutrition LLC), Kent Nutrition Group, Inc., and Perdue AgriBusiness LLC, among others.
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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