North America Compound Feed Market Size, Share, Trends & Growth Forecast Report, Segmented By Ingredients, Supplements, Animal, and Country (United States, Canada, Rest of North America), Industry Analysis From (2025 to 2033)

Updated On: June, 2024
ID: 309
Pages: 145

North America Compound Feed Market

The North American compound feed market was valued at USD 123.48 billion in 2024 and is expected to reach USD 125.09 billion in 2025 from USD 138.70 billion by 2033, growing at a CAGR of 1.30% during the forecast period from 2025 to 2033.

The North American compound feed market is developing at a significant rate due to the increase in the livestock population. Compound feed is a combination of raw materials and supplements sourced from either plants or animals, fed to the livestock orally. The most commonly used raw materials are soybean, corn, barley, wheat, and sorghum. The most common additives used to form compound feed are minerals, amino acids, antibiotics, and colorants. Compound feed has become an essential part of the globally increasing livestock and meat production industries. The end users of the compound feed are poultry, pigs, ruminants, fish, etc.

The growth of the North American compound feed market is mainly due to factors such as the growth in meat consumption and a surge in awareness towards meat quality and safety. Increase in consumer awareness about the benefits of organic food and meat led to an increase in consumption which in turn lead to an increase in demand for organic feed. The North American governments have imposed a ban on the use of antibiotics as a growth promoter. The ban has led livestock producers in these regions to identify new ways to stimulate production and deliver the same benefits provided by antibiotic growth promoters at an affordable price.

Increasing costs of raw materials and operations are the major restraining factors for this market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2024 to 2033

Base Year

2024

Forecast Period

2025 to 2033

CAGR

1.30%

Segments Covered

By Ingredients, Supplements, Animals and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

United States, Canada, Mexico

Market Leaders Profiled

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, BallanceAgri-Nutrients Ltd, J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, EWOS GROUP

 

SEGMENTAL ANALYSIS

By Animal Insights

Poultry, pork, and cattle are the largest consumers of compound feed in this region, accounting for the major share of the overall compound feed market. Cereals are the most widely used ingredients in compound feed, whereas Vitamins are the most widely used additives, accounting for around 25% of the total feed additives market.

COUNTRY ANALYSIS

The North American market, which has the largest consumer base in the world, has been geographically segmented into the US and Canada. The USA leads the market in this region. The poultry segment is emerging as an important livestock segment for the consumption of feed additives, followed by swine and cattle, because of the increase in demand for poultry meat consumer taste predilections. The U.S. is one of the leading consumers of compound feed in the North American market, with a share of nearly 15% of the global compound feed market.

KEY MARKET PLAYERS

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, BallanceAgri-Nutrients Ltd, J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, EWOS GROUP. are some of the major key players involved in the North America compound feed market.

MARKET SEGMENTATION

This market research report on the North American compound feed market is segmented and sub-segmented into the following categories.

By Ingredients

  • Cereals
  • Cereals by-Product
  • Oilseed Meal
  • Oil
  • Molasses
  • Supplements
  • Others

By Supplements

  • Vitamins
  • Antibiotics
  • Antioxidants
  • Amino Acids
  • Feed Enzymes
  • Feed Acidifiers
  • Others

By Animal

  • Ruminant
  • Swine
  • Poultry
  • Aquaculture
  • Others

By Country

  • The U.S.
  • Canada
  • Rest of North America

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Frequently Asked Questions

What Is The Current Size Of The North America Compound Feed Market?

The Current size of the compound feed market is to be valued at USD 125.09 billion in 2025.

What Is The Expected Growth Value Of The North America Compound Feed Market?

The compound feed market is expected to grow to USD 138.70 billion by 2033.

What Are The Dominating Factors in North America Compound Feed Market?

Poultry, pork, and cattle are the largest consumers of compound feed in this region, accounting for the major share of the overall compound feed market. Cereals are the most widely used ingredients in compound feed, whereas Vitamins are the most widely used additives, accounting for around 25% of the total feed additives market.

What Are The Key Market Involved In North America Compound Feed Market?

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, BallanceAgri-Nutrients Ltd, J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, EWOS GROUP, Are some of the major key players involved in the North America compound feed market.

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