North America Compound Feed Market - Market Data Forecast

According to the report "North America Compound Feed Market ", published by Market Data Forecast, the market is projected to reach USD 121.8 Billion by 2021, at a CAGR of 1.30% from 2016 to 2021.

Compound feed market is one of the fastest budding sectors in the overall agriculture market. Compound feed comprise of food products manufactured especially for animals. Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally. Most commonly used raw materials are soybean, corn, barley; wheat and sorghum. Most common additives to form compound feed are, minerals, amino acids, antibiotics and colorants.

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Agriculture is a sector with vast innovations and advancements combining with the technology. Rise in meat consumption, incline in awareness towards meat quality and safety, incline in mass production of meat, and recent livestock disease outbreaks are the key drivers for the development of the Compound feed market. Technology enhancements are also playing a vital role in the advancement of this industry.

Product Segmentation:
1) Based on Ingredients:
• Cereals
• Cereals by-Product
• Oilseed Meal
• Oil
• Molasses
• Supplements
• Others

2) Based on Supplements:
• Vitamins
• Antibiotics
• Antioxidants
• Amino Acids
• Feed Enzymes
• Feed Acidifiers
• Others

3) Based on Animal type:

• Ruminant
• Swine
• Poultry
• Aquaculture
• Others

4) Country Segmentation:
• USA
• Canada

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The major companies operating in the global Compound Feed market are Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland Company, Land o’ lakes, Inc., Nutreco, ALLTECH, INC, New Hope Group Co. Ltd, Wen’s Group, ForFarmers B.V., Agribusiness Holding Miratorg, Kyodo Shiryo Company, Sodrugestvo Group S.A., DeKalb Feeds, Inc., De Heus B.V, Ballance Agri-Nutrients Ltd., J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, EWOS GROUP.

Scope of the Compound Feed Market Study:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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