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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Trends in the Market
Compound feed refers to a mix of raw materials such as protein cakes, vitamins, grains, minerals, brans, and agricultural by-products, among others. The manufacturing of compound feed uses feed processing technology and animal nutrition science to produce balanced feed that meets physiological requirements for animal farms.
- There is an increasing number of animal farms in the United States, and the country is also one of the largest producers of poultry due to abundant feed resources. Such factors are boosting the demand for compound feed that can meet specific requirements of animals and optimise their overall health.
- Rising concerns regarding animal welfare and health are propelling the United States compound feed market demand. Compound feeds effectively meet the energy, mineral, amino acids, and trace minerals requirements of animals while preventing nutrient losses and wastage. Manufacturers are also capitalising on rising animal health concerns by offering tailor-made feed for livestock facing stress, pre-weaning, post-weaning, lactation, and sickness.
- The United States compound feed market growth can be attributed to advancements in technologies such as nano-emulsification, lipid encapsulation, and bioavailability enhancement aimed at improving the stability and performance of feed additives. Moreover, increasing research and development (R&D) activities by key players for enhancing the quality of animal produce, improving the shelf stability of poultry and dairy products, and eradicating diseases in animals are likely to further propel the market in the coming years.
- Growing environmental concerns and sustainability challenges regarding animal farming have emerged as significant factors aiding the United States compound feed market expansion. According to a study, in the United States, food production causes environmental pollution responsible for nearly 16,000 deaths per year, out of which 80% are connected to the livestock sector.
Hence, in the forecast period, the preference for sustainable compound feed made from environmentally-friendly ingredients that can mitigate negative carbon impact, reduce feed costs, and optimise manure management and feed efficiency is expected to rise.
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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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