Animal Food Production in the US - Industry Market Research Report

Animal Food Production in the US - Industry Market Research Report

  • April 2017
  • 39 pages
  • Ibisworld
Report ID: 198651
Chow down: Revenue will rise due to increasing pet ownership and an increase in enterprises

Animal Food Production in the US

The Animal Food Production industry has benefited from increased demand over the past five years, however import penetration has tempered revenue growth. Growth in global meat consumption and herd numbers, such as beef, pork and poultry produced modest revenue growth during this period, as meat producers demanded more livestock feed.

Additionally, the number of American households that own a cat or dog is steadily increasing, which has caused a subsequent increase in demand for pet food, supporting industry revenue growth.

Overall, IBISWorld expects industry revenue to grow over the five years to 2017. Industry revenue growth is expected to grow moderately over the next five years. Expected increases in disposable income and pet ownership will positively drive demand for pet food. However, the appreciation of the US dollar will reduce exports over the five-year period. Stagnant feed prices will offset gains from greater pet food sales, leading the industry to experience little growth over the next five years. Consequently, industry revenue is forecast to increase over the five-year period.

Operators in this industry produce food for animals such as livestock and pets by processing raw ingredients. The products are then packaged and sold to cattle ranches, dairy farms, other animal production farms, grocery wholesalers and retailers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES
Cargill Inc.
Mars Inc.
Nestle SA
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Country=UnitedStates Industry=AgriculturalProducts ParentIndustry=Agriculture Date=201704 Topic=MarketReport Publisher=Ibisworld Price=1000