The North America animal nutrition market is predicted to record a CAGR of 6.36% during the forecast period, 2021-2028. The fast-paced industrialization of livestock production has surged the demand for animal nutrition chemicals in the region.
NORTH AMERICA ANIMAL NUTRITION MARKET FORECAST 2021-2028
North America Animal Nutrition Market by Product Type (Amino Acids, Vitamins, Minerals, Enzymes, Fish Oils and Nutrition Lipids, Eubiotics, Carotenoids, Other Product Types) Market by Species (Poultry, Swine, Ruminants, Pets, Other Species) Market by Application (Animal Feed Manufacturers, Farms, Veterinarians, Households, Other Applications) by Geography
The North America animal nutrition market is predicted to record a CAGR of 6.36% during the forecast period, 2021-2028. The fast-paced industrialization of livestock production has surged the demand for animal nutrition chemicals in the region.
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The North America animal nutrition market growth assessment includes the analysis of Canada and the United States. In the United States, a growing number of pet owners are humanizing dietary trends. As a result, the availability of various products with high protein and grain-free formulas is beneficial to market growth. In addition, the rising preference for minimally processed foods is set to contribute to the growing share of pet food with all-natural formulations.
Furthermore, limited living spaces and urbanization have led to a growing preference for smaller dog breeds. As a result, they have been the biggest beneficiaries of the pet humanization trends. This is evaluated to increase the demand for animal nutrition. Moreover, as of January 2021, there are 93.6 million heads of cattle and calves in US farms, as per the Cattle report published by the US Department of Agriculture’s National Agricultural Statistics Service (NASS). In addition, the number of milk cows increased to 9.4 million. Such factors raise the feeding requirements, which drives the overall market growth.
Alltech Inc specializes in solutions and products related to crop sciences, human health, and animal health. The core business is the animal health segment. The company also offers products related to feeding, with innovative use of algae, nutrigenomics, yeast fermentation, and enzyme technology. It is headquartered in Nicholasville, Kentucky, United States.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES `
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- GROWING DEMAND FOR NUTRITIONAL REQUIREMENTS OF EXISTING LIVESTOCK
- INCREASING DISPOSABLE INCOME DRIVING THE ANIMAL-BASED PRODUCTS’ CONSUMPTION
- INDUSTRIALIZATION OF LIVESTOCK
- KEY CHALLENGES
- PREMIUM PRICING OF ANIMAL NUTRITIONAL PRODUCTS
- LOW-QUALITY COUNTERFEIT PRODUCTS
- ENVIRONMENTAL CHALLENGES IMPACTING THE LIVESTOCK PRODUCTION
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON THE ANIMAL NUTRITION MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY PRODUCT TYPE
- AMINO ACIDS
- VITAMINS
- MINERALS
- ENZYMES
- FISH OILS AND NUTRITION LIPIDS
- EUBIOTICS
- CAROTENOIDS
- OTHER PRODUCT TYPES
- MARKET BY SPECIES
- POULTRY
- SWINE
- RUMINANTS
- PETS
- OTHER SPECIES
- MARKET BY APPLICATION
- ANIMAL FEED MANUFACTURERS
- FARMS
- VETERINARIANS
- HOUSEHOLDS
- OTHER APPLICATIONS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
- COMPANY PROFILES
- ALLTECH INC
- BASF
- BALCHEM CORPORATION
- CARGILL INCORPORATED
- CHURCH & DWIGHT CO INC
- ELANCO ANIMAL HEALTH
- EVONIK INDUSTRIES
- KEMIN INDUSTRIES
- NOVOZYMES
- NUTRIEN
- ROYAL DSM
- SHV NV (NUTRECO)
- TATA CHEMICALS LTD
- KEY STRATEGIC DEVELOPMENTS
TABLE LIST
TABLE 1: MARKET SNAPSHOT – ANIMAL NUTRITION
TABLE 2: NORTH AMERICA ANIMAL NUTRITION MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: NORTH AMERICA ANIMAL NUTRITION MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA ANIMAL NUTRITION MARKET, BY SPECIES, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: NORTH AMERICA ANIMAL NUTRITION MARKET, BY SPECIES, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA ANIMAL NUTRITION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: NORTH AMERICA ANIMAL NUTRITION MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA ANIMAL NUTRITION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: NORTH AMERICA ANIMAL NUTRITION MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: LEADING PLAYERS OPERATING IN NORTH AMERICA ANIMAL NUTRITION MARKET
TABLE 11: LIST OF MERGERS & ACQUISITIONS
TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 14: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
FIGURE LIST
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: NORTH AMERICA ANIMAL NUTRITION MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020
FIGURE 6: NORTH AMERICA ANIMAL NUTRITION MARKET, BY AMINO ACIDS, 2021-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA ANIMAL NUTRITION MARKET, BY VITAMINS, 2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA ANIMAL NUTRITION MARKET, BY MINERALS, 2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA ANIMAL NUTRITION MARKET, BY ENZYMES, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ANIMAL NUTRITION MARKET, BY FISH OILS AND NUTRITION LIPIDS, 2021-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ANIMAL NUTRITION MARKET, BY EUBIOTICS, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA ANIMAL NUTRITION MARKET, BY CAROTENOIDS, 2021-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ANIMAL NUTRITION MARKET, BY OTHER PRODUCT TYPES, 2021-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ANIMAL NUTRITION MARKET, GROWTH POTENTIAL, BY SPECIES, IN 2020
FIGURE 15: NORTH AMERICA ANIMAL NUTRITION MARKET, BY POULTRY, 2021-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ANIMAL NUTRITION MARKET, BY SWINE, 2021-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA ANIMAL NUTRITION MARKET, BY RUMINANTS, 2021-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ANIMAL NUTRITION MARKET, BY PETS, 2021-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA ANIMAL NUTRITION MARKET, BY OTHER SPECIES, 2021-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA ANIMAL NUTRITION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
FIGURE 21: NORTH AMERICA ANIMAL NUTRITION MARKET, BY ANIMAL FEED MANUFACTURERS, 2021-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ANIMAL NUTRITION MARKET, BY FARMS, 2021-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA ANIMAL NUTRITION MARKET, BY VETERINARIANS, 2021-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ANIMAL NUTRITION MARKET, BY HOUSEHOLDS, 2021-2028 (IN $ MILLION)
FIGURE 25: NORTH AMERICA ANIMAL NUTRITION MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ANIMAL NUTRITION MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 27: UNITED STATES ANIMAL NUTRITION MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: CANADA ANIMAL NUTRITION MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY PRODUCT TYPE
- AMINO ACIDS
- VITAMINS
- MINERALS
- ENZYMES
- FISH OILS AND NUTRITION LIPIDS
- EUBIOTICS
- CAROTENOIDS
- OTHER PRODUCT TYPES
- MARKET BY SPECIES
- POULTRY
- SWINE
- RUMINANTS
- PETS
- OTHER SPECIES
- MARKET BY APPLICATION
- ANIMAL FEED MANUFACTURERS
- FARMS
- VETERINARIANS
- HOUSEHOLDS
- OTHER APPLICATIONS
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