North America Animal Feed Market Trends, Size, Segment and Growth by Forecast to 2030

Market Overview

Animal feed refers to the food provided to domestic and farm animals as part of animal husbandry. It primarily consists of plant-based ingredients and is categorized into two main types: fodder and forage. High-quality animal feed plays a crucial role in enhancing livestock productivity, metabolic efficiency, and overall health. Key ingredients used in feed production include corn, soybeans, barley, and oats, which provide essential nutrients for optimal animal growth and performance.

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North America Animal Feed Strategic Insights

Strategic insights for the North America Animal Feed provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Market leaders and key company profiles

• Archer Daniels Midland Co.
• Cargill Inc.
• Charoen Pokphand Foods Plc
• Evonik Industries AG
• Land O'Lakes, Inc.
• New Hope Group Co. Ltd.
• Nutreco NV
• Perdue Farms, Inc.

North America Animal Feed Regional Insights

The geographic scope of the North America Animal Feed refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Effect of COVID-19 on North America animal feed market
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. The North American food and beverage industry is adversely affected as it is facing various disruptions such as supply chain breaks, lockdowns, travel bans, and business shutdowns. The US has the highest number of confirmed cases of COVID-19, compared to Canada and Mexico. This is likely to impact the food and beverages industry in the region, which in turn affect the supply chain of the goods. Additionally, the delay in overall manufacturing processes, research, and development activities will also impact market growth.

Key Market Segments

In terms of form, the pellets segment is expected to hold the largest share of the animal feed market by 2027. In terms of livestock, in 2018, the poultry segment held the most significant share of the animal feed market in North America.
Major Sources and Companies Listed
Some of the major primary, secondary sources, and companies for North America animal feed market included in the report are Archer Daniels Midland Co., Cargill Inc., Charoen Pokphand Foods Plc., Evonik Industries AG, Land O'Lakes, Inc., New Hope Group Co. Ltd, Nutreco NV and Perdue Farms, Inc.

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