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 Products Chapter
The products manufactured by the industry can be classified into two major segments: stockfeed and pet food. There are numerous product categories in each segment, particularly given the range of livestock farmed for commercial purposes.
Stockfeed for cattle, calves, sheep, lambs and pigs accounts for the largest share of industry revenue. This segment includes the production and supply of soybean meals and hulls, linseed meals, sunflower meals, meat and bone meals, feather meals, yellow grease, wheat bran, alfalfa meals and pellets, oat hulls, and gluten feed and meals. Feed for intensively farmed livestock generally includes grain and pellets manufactured from various crops. This segment's share of revenue has decreased over the past five years... purchase to read more