Industry Analysis & Industry Trends
The Prepared Animal and Bird Feed Manufacturing industry has posted a weak performance over the past five years. This is despite growing spending on pets and rising global demand for meat, which has boosted global livestock production and subsequently, demand for stockfeed. Industry revenue is projected to post marginal annualised growth of 0.3% over the five years through 2014-15, to reach $3.8 billion. This poor performance is largely due to a sharp revenue decline in 2010-11, caused by an abundance of natural pasture feed for livestock industries, which severely weakened stockfeed demand. More modest revenue growth of 2.4% is forecast for 2014-15, due to stronger demand for stockfeed and ongoing pet food demand... 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 within each segment, especially considering the broad 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... purchase to read more