The performance of the Prepared Animal and Bird Feed Manufacturing industry is inextricably tied to variations in weather patterns, outbreaks of disease, herd stocks and pet ownership levels. Despite these uncertainties, the industry has managed to remain resilient over the past five years while also being faced with highly volatile commodity prices and waning profit margins. Growth in global meat consumption and consequently in herd stocks, has primarily sustained modest revenue growth, as the industry battled with dramatic fluctuations in demand and supply conditions.
Establishments in this industry manufacture prepared animal or bird feed, including cereal meal, grain offal or crushed grain for use as fodder (from whole grain, except from rice or rye).
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.