Well fed: Increasing demand for animal feed and pet food will cause industry growth

The Animal Feed Production industry in Canada has grown over the past five years, despite fluctuations in the price of animal feed. Rising input costs were largely absorbed by industry operators, passed on to downstream producers or offset by rising global demand for meat. The industry was also bolstered by a steady increase in demand for pet food brought on by an increase in pet ownership. Price decreases benefited industry operators' profit margins over the past five years. While demand for animal feed increased since the prior period, feed prices fell since 2014. The decrease in the price of feed is due primarily to global trends in ethanol demand, corn prices and thus, feed prices...read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • The industry is expected to grow alongside demand for animal feed and pet food
  • Operators benefited from rising international demand for animal feed
  • Population growth and rising incomes will encourage more Canadians to purchase pets
  • Industry Report - Industry SWOT Analysis Chapter

    The Animal Feed Production industry in Canada is in the mature stage of its life cycle and is characterized by industry products that have achieved market acceptance, which is common to established industries. Given that demand for both of its major product segments continues to increase, the industry is expected to grow at a modest rate. The industry's contribution to the overall economy, as measured by the industry value added, is expected to increase at an annualized rate of 2.4% over the 10 years to 2023. This is slightly faster than the overall Canadian economy, which is estimated to grow at an annualized rate of 1.9% during the same period.Over the first five years of the 10-year period, the number of enterprises is expected to grow slowly at an annualized rate of 0.7% t...purchase to read more.

    Additional Insights for the Animal Feed Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Animal Feed Production Industry are

  • Access to high-quality inputs
  • Ability to adapt to changing regulations
  • Production of premium goods/services
  • IBISWorld analysts also discuss how external factors such as Per capita meat consumption and Price of feed in the Animal Feed Production industry impact industry performance..

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    What's in this report

    What is the Animal Feed Production Industry?

    This industry processes raw ingredients into food for animal livestock and pets. The products are packaged and sold to cattle ranches, dairy farms, other animal-production farms, grocery wholesalers and retailers.

    Industry Products
  • Dog and cat food
  • Livestock and dairy feed
  • Chicken and turkey feed
  • Hog and pig feed
  • Other animal feed
  • Industry Activities
  • Prepared animal feed production
  • Canned pet food production
  • Bird feed production
  • Cattle lick production
  • Chaff production
  • Crushed grain production
  • Dog biscuit production
  • Grain offal production
  • Canned pet food production
  • Prepared poultry feed production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita meat consumption
  • Price of feed
  • Canadian effective exchange rate index
  • Per capita disposable income
  • Population

  • Current Performance
  • Fattening up
  • International demand on the rise
  • Industry consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Pet food boom
  • Feed producers look overseas
  • Consolidation continues
  • Profit margins stabilize
  • Table: Animal Feed Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Animal Feed Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Grocery Wholesaling in Canada
  • Farm Supplies Wholesaling in Canada
  • Supermarkets & Grocery Stores in Canada
  • Pet Stores in Canada

  • Key Selling Industries
  • Corn Farming in Canada
  • Flour Milling in Canada
  • Soybean Farming in Canada
  • Vegetable Farming in Canada

  • Products & Services
  • Dog and cat food
  • Other animal feed
  • Chicken and turkey feed
  • Livestock and dairy feed
  • Hog and pig feed
  • Chart: Animal Feed Production Industry Products and Services Segmentation

  • Demand Determinants
  • Livestock numbers
  • Farming intensity
  • Changing dietary trends
  • Subsidies
  • Pet ownership

  • Major Markets
  • Farm supplies wholesalers
  • General goods and supermarket wholesalers
  • Exports
  • Pet stores
  • Chart: Major Market Segmentation for the Animal Feed Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Animal Feed Production

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Animal Feed Production Industry

  • Industry Globalization
  • Table: Nutreco - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Animal Feed Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Animal Feed Production Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Price of feed (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • An agent that either kills or inhibits the growth of a microorganism.
  • Growth Hormone
  • A peptide hormone that stimulates growth, cell reproduction and regeneration in humans and other animals.
  • Probiotic
  • A live microorganism thought to be healthy for the host organism.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Animal Feed Production market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Animal Feed Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Animal Feed Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Animal Feed Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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