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Key Trends and Forecasts (2014 – 2020) NORTH AMERICAN COMPOUND FEED MARKET
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North American Compound Feed Market-By Ingredients, Supplements, Animal Type & Geography- Trends & Forecasts (2014-2020)

Nov 24, 2015

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The North American compound feed market is estimated to reach $125 bn by 2020. Better additives and supplements will play a key role in differentiating in this market.
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  • Key Trends and Forecasts (2014 2020)

    NORTH AMERICAN COMPOUND FEED MARKET

  • 1 | Mordor Intelligence

  • Mordor Intelligence | 2

    TABLE OF CONTENTS

    6.2.5. Acidifiers 6.2.6. Probiotics & Prebiotics 6.2.7. Others

    6.3. By Animals 6.3.1. Ruminant Feed 6.3.2. Swine Feed 6.3.3. Poultry Feed 6.3.4. Fish Feed 6.3.5. Other Animal

    7. COUNTRY LEVEL ANALYSIS (by Ingredients, Supplements & Animal Type) 7.1. USA 7.2. Canada 7.3. Mexico 7.4. Rest of North America

    8. THE FUTURE OF THE INDUSTRY EXPERT VIEW 9. PROFILES OF KEY PLAYERS - GLOBAL

    9.1. Charoen Pokphand (Thailand) 9.2. Cargill Inc.(U.S.) 9.3. Land O Lakes Purina (U.S.) 9.4. Alltech Inc. (U.S.) 9.5. Archer Daniels Midland (U.S.) 9.6. New Hope Group (China) 9.7. Wens Group (China) 9.8. ForFarmers (Netherlands) 9.9. Miratorg Agribusiness Holding (Russia) 9.10. Kyodo Shiryo Company (Japan) 9.11. Sodrugestvo Group (Russia) 9.12. DeKalb Feeds (U.S.) 9.13. De Hues (The Netherlands) 9.14. Ballance Agri-Nutrients (New Zealand) 9.15. Heiskell & CO. (U.S.) 9.16. Kent Feeds (U.S.) 9.17. Weston Milling Animal Nutrition (Australia) 9.18. Zheng DA International Group (China) 9.19. Ewos Group (Norway) 9.20. Nutreco NV (The Nethrelands)

    10. LIST OF NORTH AMERICAN FEED COMPANIES 11. APPENDIX

    11.1. Abbreviations 11.2. Sources 11.3. Bibliography 11.4. Disclaimer

    1. INTRODUCTION 1.1. Research Methodology 1.2. Definition of the market

    2. KEY FINDINGS OF THE STUDY 3. NORTH AMERICAN COMPOUND FEED MARKET -

    OVERVIEW 4. MARKET ANALYSIS

    4.1. Livestock Industry Trend 4.2. Meat Industry Trend 4.3. Price trend Analysis 4.4. Threshold matters of the Industry

    4.4.1. Use of Antibiotics 4.5. Factors Affecting the Global Market

    4.5.1. Drivers 4.5.1.1. Growing demand for Meat and

    Aquaculture products 4.5.1.2. Increased awareness regarding

    quality meat and milk products 4.5.1.3. Increased Industrial livestock

    production 4.5.2. Restraints

    4.5.2.1. Rising cost of raw materials 4.5.2.2. Government regulations

    4.5.3. Opportunities 4.5.3.1. Organic feed

    4.6. Porters Analysis 4.6.1. Bargaining power of Buyers 4.6.2. Bargaining power of Suppliers 4.6.3. Degree of Competition 4.6.4. Threat of new entrants 4.6.5. Threat of Substitutes

    4.7. Global Regulatory Environment-Impact Analysis 4.8. Value Chain Analysis

    5. NORTH AMERICAS SHARE IN THE GLOBAL COMPOUND FEED MARKET

    6. MARKET SEGMENTATION 6.1. By Ingredients

    6.1.1. Cereals 6.1.2. Cereal by- products 6.1.3. Oilseed Meals 6.1.4. Oil 6.1.5. Molasses 6.1.6. Supplements 6.1.7. Others

    6.2. By Supplements 6.2.1. Vitamins 6.2.2. Amino Acids Antibiotics 6.2.3. Enzymes 6.2.4. Anti-oxidants

  • 3 | Mordor Intelligence

    Raw materials and supplements are blended together in different proportions to yield the compound

    feed for various animal species. Soybean, corn, barley, wheat and sorghum are the most commonly

    used raw materials while vitamins, minerals, amino acids, antibiotics and colorants form the bulk of

    the supplements constituting compound feed.

    In 2013, the global compound feed production was around 950 million tons and the market was

    worth around $480 billion. The global market for compound feed is estimated to grow at a

    compounded annual rate of 1.5% between 2014 and 2020. Asia-Pacific and South America are

    estimated to be the fastest growing regions with estimated CAGR of 1.7% and 1.8% respectively.

    Among feed ingredients, cereal forms a major part of compound feed, occupying a 37% share. The

    compound feed additives market is expected to grow at a CAGR of 4.1% in value terms during the

    forecast period, to reach $44,342 million by 2020. Antioxidants are the fastest growing feed

    additives, set to grow at an estimated CAGR of 4.6%.

    Increased consumption of meat and aquatic products, buoyed by growing middle class incomes in

    emerging economies like China, Brazil and India, will be a major growth factor. Increasing industrial

    livestock production and technological innovations in the meat processing industry are creating

    demand for high quality meat, thereby driving the market for compound feed. Demographic factors

    like increasing number of double income families and economic strength both in the developing and

    developed worlds are driving the companion animal feed market.

    GLOBAL COMPOUND FEED MARKET SCENARIO

  • Mordor Intelligence | 4

    Although the increasing cost of raw materials is restricting the growth of the compound feed

    market, it is driving the market for feed additives. Rising demand for organic meat has created an

    opportunity in the industry for organic feed.

    Major players in the compound feed market are Cargill (U.S.), ADM (U.S.), Nutreco NV (The

    Netherlands) and Charoen Pokphand (Thailand), among others. Developing countries of Asia and

    South America are the key growth markets in the industry. Major players are rapidly tapping into

    these markets through both organic and inorganic growth strategies. Mergers and acquisitions has

    been the most adopted strategy for growth in this market over the last five years.

  • 5 | Mordor Intelligence

    The market size was estimated based on the data curated from secondary sources and validated by

    experts in the industry.

    A bottom-up approach was used to arrive at the global market size of compound feed. Data was

    gathered for each livestock and additive type, separately, from primary and secondary sources. The

    data then gathered through both source types was quantitatively analyzed. The numbers were then

    validated by industry experts. The consumption trends of each feed additive and livestock at the

    country level were also closely followed to arrive at our analyses.

    Secondary Data Sources: Research Publications, Articles published in independent feed magazines,

    Company annual reports and database of several Feed Industry Associations, among others.

    Primary Sources: Partners across distribution channels like distributors, retailers and manufacturers

    were contacted as primary sources.

    RESEARCH METHODOLOGY

  • Mordor Intelligence | 6

    Region 2012 2013 2014 2020 CAGR %

    (2014-2020) North America -- -- -- -- -- Europe -- -- -- -- -- Asia-Pacific -- -- -- -- 3.06 South America -- -- 55,137 -- -- ROW 18,170 -- -- -- -- Total -- -- -- 580,562 --

    Region 2012 2013 2014 2020 CAGR %

    (2014-2020) North America -- -- -- -- -- Europe -- -- 221,897 -- -- Asia-Pacific -- -- -- -- -- South America -- -- -- 117,696 -- ROW -- -- -- -- 1.6 Total -- 950,438 -- -- --

    SAMPLES TABLES AND FIGURES

    Global Compound Feed market revenues, by Region, 2011 - 2018 ($million)

    Global Compound Feed market volume, by Region, 2012 - 2020 ('000 metric tons)

  • 7 | Mordor Intelligence

    Animal Type 2012 2013 2014 2020 CAGR %

    (2012-2020) Ruminant Feed -- -- -- -- -- Swine Feed -- -- -- -- -- Poultry Feed -- -- -- -- -- Fish Feed -- -- -- -- -- Other Animal -- -- -- -- -- Total -- -- -- -- --

    Animal Type 2012 2013 2014 2020 CAGR %

    (2012-2020) Ruminant Feed -- -- -- -- -- Swine Feed -- -- -- -- -- Poultry Feed -- -- -- -- -- Fish Feed -- -- -- -- -- Other Animal -- -- -- -- -- Total -- -- -- -- --

    Additives 2012 2013 2014 2020 CAGR %

    (2012-2020) Antibiotics -- -- -- -- -- Vitamins -- -- -- -- -- Antioxidants -- -- -- -- -- Amino Acids -- -- -- -- -- Feed Enzymes -- -- -- -- -- Feed Acidifiers -- -- -- -- -- Others -- -- -- -- -- Total -- -- -- -- --

    North American Feed Additives market volume, by Additives, 2012 - 2020 ($ Million)

    USA - Compound Feed Market by Animal Type, 2012 - 2020 ($ Million)

    Canada - Compound Feed Market by Animal Type, 2012 - 2020 ($ Million)

  • Mordor Intelligence | 8

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