Farm Animal Feed Production in the US - Industry Market Research Report

Farm Animal Feed Production in the US - Industry Market Research Report

  • September 2021 •
  • 38 pages •
  • Report ID: 5103996 •
  • Format: PDF
Cheap cheap: Slowed demand for animal feed and falling feed prices have hurt revenue

Abstract

Farm Animal Feed Production
The Farm Animal Feed Production industry’s prospects have fluctuated during the past five-year period alongside dramatic swings in feed prices and decreased demand from downstream farms supplies wholesalers. At the same time, global population growth and expansion of developing economies have boosted demand for meat, requiring greater supplies of feed to match growing production. Over the five years to 2023, IBISWorld forecasts industry revenue to increase as commodity prices stabilize. In addition, feed producers are expected to become more export oriented as they react to the global boom in demand for meat.

This industry includes animal feed manufacturers that make food for livestock. Producers use remnants of flour milling, sugar production and other food processing as ingredient inputs to animal feed.

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.
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