The performance of the Animal Feed Production industry is determined by several factors, such as weather patterns, disease outbreaks, herd sizes and global demand and supply dynamics in meat and grain markets. Given these influences, the industry has contracted overall during the past five years, with increasing input costs also putting pressure on profit margins. Industry revenue is expected to fall by 1.6% in 2015-16 due to low wheat prices after record crop yields around the world.
Industry operators have managed to add significant value by tailoring their products to different types of animal, life stages and agricultural purposes.
Producers in this industry prepare feeds for farm animals, including concentrated animal feed and feed supplements. They also make unmixed feeds and treat slaughter waste to produce animal feed. The industry excludes the production of pet food, any activities that produce usable animal feed as a by-product and the production of oilseed cake and fishmeal.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.