Industry Analysis & Industry Trends
The Prepared Animal and Bird Feed Manufacturing industry has grown modestly over the past five years. Rising spending on pets and growing global demand for meat - which has boosted global livestock production and subsequently, demand for stockfeed - have contributed to the industry's growth. Industry revenue is projected to grow at an annualised 1.4% over the five years through 2015-16, to reach $4.0 billion. This growth is slightly overstated due to a 6.4% revenue decline in the base year of 2010-11. Revenue growth of 2.8% is anticipated in 2015-16, with persisting El Nino conditions for the majority of the year increasing stockfeed demand and contributing to revenue growth.
The industry has two major product segments: stockfeed and pet food... purchase to read more
Industry Report - Industry Locations Chapter
The spread of industry establishments closely resembles the geographic spread of economic activity. The majority of industry players are strategically located close to sources of key inputs and major transportation hubs while remaining within serviceable distance to large city markets. In recent years, the industry’s top manufacturers have concentrated their operations to a small number of sites in order to achieve higher throughput. High levels of automation and almost continuous operation allow larger industry players to achieve significant economies of scale. Products are then transported in bulk form to distribution centres across the country. The trend of rising geographic concentration is consistent with trends across the overall Food Manufacturing sector... purchase to read more