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 Analysis Chapter
The Prepared Animal and Bird Feed Manufacturing industry has struggled over the past five years. Revenue growth has been lacklustre, despite growing global demand for meat, which is lifting global livestock production, and strong spending on pets. Marginal annualised revenue growth of 0.3% is forecast over the five years through 2014-15. This includes revenue growth of 2.4% in 2014-15, to reach $3.8 billion. This poor performance is largely due to a sizeable revenue dip in 2010-11, followed by modest growth over most of the five-year period.
Love of livestock
The world's seemingly insatiable appetite for high-protein diets has had a profound influence on the level of livestock production. Global meat consumption has increased by 500.0% since 1950... purchase to read more