Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
Product Code: ETC018441 | Publication Date: Jul 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United States (US) Animal Feed Market is projected to grow over the coming year. United States (US) Animal Feed Market report is a part of our periodical regional publication North America Animal Feed Market outlook report. 6W tracks Animal Feed market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Animal Feed Market outlook report annually.
United States (US) Animal Feed Market report thoroughly covers market by Form, species and type. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Unites States (US) Animal feed Market is anticipated to project moderate growth during the upcoming years on account of growing livestock industry. The growing concern of health issues among consumers is driving the demand for high quality animal product which is further leading to the United States Animal Feed Market Growth. The increasing penetration towards high nutrition value backed by adoption of vegan diet triggers the potential growth of the US Animal Feed Market. Moreover, the increasing consumption of red meat and beef is also driving the growth of the market.
According to 6Wresearch, United States (US) Animal Feed Market size is projected to register growth during 2020-2026. Increasing per capita income backed by growing population drives the demand for milk and meat further beholds the growth of United States Animal Feed Market. Additionally, the rising interest of consumer regarding keeping pet is leading to the upsurge in demand for animal feed. However, the market suffered a negative growth due to the outbreak of COVID-19 leading to the disruption in supply chain. The nationwide lockdown backed by restrictions on movement of people led to decline in the United States Animal Feed Market Share.
On the basis of Species, Beef is expected to account the maximum share in United States Animal Feed Market Revenue and is expected to lead the market during the forthcoming period as well.
The report provides a detailed analysis of the following market segments:
United States (US) Animal Feed Market is projected to grow over the coming year. United States (US) Animal Feed Market report is a part of our periodical regional publication North America Animal Feed Market outlook report. 6W tracks Animal Feed market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Animal Feed Market outlook report annually.
United States (US) Animal Feed Market report thoroughly covers market by Form, species and type. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Unites States (US) Animal feed Market is anticipated to project moderate growth during the upcoming years on account of growing livestock industry. The growing concern of health issues among consumers is driving the demand for high quality animal product which is further leading to the United States Animal Feed Market Growth. The increasing penetration towards high nutrition value backed by adoption of vegan diet triggers the potential growth of the US Animal Feed Market. Moreover, the increasing consumption of red meat and beef is also driving the growth of the market.
According to 6Wresearch, United States (US) Animal Feed Market size is projected to register growth during 2020-2026. Increasing per capita income backed by growing population drives the demand for milk and meat further beholds the growth of United States Animal Feed Market. Additionally, the rising interest of consumer regarding keeping pet is leading to the upsurge in demand for animal feed. However, the market suffered a negative growth due to the outbreak of COVID-19 leading to the disruption in supply chain. The nationwide lockdown backed by restrictions on movement of people led to decline in the United States Animal Feed Market Share.
On the basis of Species, Beef is expected to account the maximum share in United States Animal Feed Market Revenue and is expected to lead the market during the forthcoming period as well.
The report provides a detailed analysis of the following market segments:
India Animal Feed Market market analysis
India Animal Feed Market registered a decline of -9.68% in value shipments in 2022 as compared to 2021 and an increase of 5.91% CAGR in 2022 over a period of 2017. In Animal Feed Market India is becoming less competitive as HHI index in 2022 was 1260 while in 2017 it was 1022. Herfindahl Index measures the competitiveness of exporting country. The range lies from 0 to 10000, where lower index number represents larger number of players or exporting countries in the market while large index number means less numbers of player or countries exporting in the market. India is reportedly relied more on imports to meets its growing demand in Animal Feed Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment as the import factor of Animal Feed Market in 2022 was 1.53 while in 2017 it was 1.49. Sri Lanka, China, Thailand, Singapore and USA were among the top players of the market in 2022, where Sri Lanka acquired the largest market share of 26.51% with the shipment value of 113.3 million USD in 2022 Sri Lanka also offering the product above the average market price, but remained at the leadership position indicating the trust it holds in the Animal Feed Market. In 2017 Sri Lanka had the largest market share of 17.74% with the shipment value of 59.48 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Sri Lanka offers it product above the market average price, it remained at the leadership position indicating the brand value it holds in the India Animal Feed Market in 2017.
6Wresearch
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China
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Animal Feed Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Animal Feed Market Revenues & Volume, 2019 & 2026F |
3.3 United States (US) Animal Feed Market - Industry Life Cycle |
3.4 United States (US) Animal Feed Market - Porter's Five Forces |
3.5 United States (US) Animal Feed Market Revenues & Volume Share, By Form, 2019 & 2026F |
3.6 United States (US) Animal Feed Market Revenues & Volume Share, By Species, 2019 & 2026F |
3.7 United States (US) Animal Feed Market Revenues & Volume Share, By Type, 2019 & 2026F |
4 United States (US) Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Animal Feed Market Trends |
6 United States (US) Animal Feed Market, By Types |
6.1 United States (US) Animal Feed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Animal Feed Market Revenues & Volume, By Form, 2016 - 2026F |
6.1.3 United States (US) Animal Feed Market Revenues & Volume, By Pellets, 2016 - 2026F |
6.1.4 United States (US) Animal Feed Market Revenues & Volume, By Crumbles, 2016 - 2026F |
6.1.5 United States (US) Animal Feed Market Revenues & Volume, By Mash, 2016 - 2026F |
6.1.6 United States (US) Animal Feed Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 United States (US) Animal Feed Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Animal Feed Market Revenues & Volume, By Poultry, 2016 - 2026F |
6.2.3 United States (US) Animal Feed Market Revenues & Volume, By Ruminants, 2016 - 2026F |
6.2.4 United States (US) Animal Feed Market Revenues & Volume, By Aqua, 2016 - 2026F |
6.2.5 United States (US) Animal Feed Market Revenues & Volume, By Swine, 2016 - 2026F |
6.2.6 United States (US) Animal Feed Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 United States (US) Animal Feed Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Animal Feed Market Revenues & Volume, By Acidifiers, 2016 - 2026F |
6.3.3 United States (US) Animal Feed Market Revenues & Volume, By Probiotics, 2016 - 2026F |
6.3.4 United States (US) Animal Feed Market Revenues & Volume, By Enzyme, 2016 - 2026F |
6.3.5 United States (US) Animal Feed Market Revenues & Volume, By Antioxidants, 2016 - 2026F |
6.3.6 United States (US) Animal Feed Market Revenues & Volume, By Antibiotics, 2016 - 2026F |
6.3.7 United States (US) Animal Feed Market Revenues & Volume, By Vitamins, 2016 - 2026F |
6.3.8 United States (US) Animal Feed Market Revenues & Volume, By Others, 2016 - 2026F |
6.3.9 United States (US) Animal Feed Market Revenues & Volume, By Others, 2016 - 2026F |
7 United States (US) Animal Feed Market Import-Export Trade Statistics |
7.1 United States (US) Animal Feed Market Export to Major Countries |
7.2 United States (US) Animal Feed Market Imports from Major Countries |
8 United States (US) Animal Feed Market Key Performance Indicators |
9 United States (US) Animal Feed Market - Opportunity Assessment |
9.1 United States (US) Animal Feed Market Opportunity Assessment, By Form, 2019 & 2026F |
9.2 United States (US) Animal Feed Market Opportunity Assessment, By Species, 2019 & 2026F |
9.3 United States (US) Animal Feed Market Opportunity Assessment, By Type, 2019 & 2026F |
10 United States (US) Animal Feed Market - Competitive Landscape |
10.1 United States (US) Animal Feed Market Revenue Share, By Companies, 2019 |
10.2 United States (US) Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |