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
Revenue
$9bn
Annual Growth 13-18
0.3%
Forecast Growth 18-23
Profit
Employment
10,025
Businesses
533
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 Products Chapter

    Dog and cat foodDog and cat food make up the largest segment of the Animal Feed Production industry in Canada due to the large number of Canadians that own household pets. According to Alberta Agriculture and Forestry, 37.0% of Canadian households owned a cat in 2014, while 32.0% owned a dog. Within this segment, dog food has always comprised a slightly larger portion of sales revenue, according to Euromonitor International, because dogs consume greater quantities of food than cats. Pet food related spending is expected to continue to increase in the coming years as growing disposable incomes permit Canadians to buy more products for their pets. Pur...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-dollar 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
    Nutreco,
  • 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
    Includes:
  • 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
    Antibiotics
  • 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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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
    • Quickly build competitive intelligence
    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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