North America Corn and Wheat-Based Feed Market Forecast to 2030 - Regional Analysis - by Product Type and Livestock (Poultry, Ruminants, Swine, Aquaculture, and Others)

Description

List of Tables

The North America corn and wheat-based feed market was valued at US$ 53,211.34 million in 2022 and is expected to reach US$ 76,842.54 million by 2030; it is estimated to register a CAGR of 4.7% from 2022 to 2030.

Rising Preference for Organic Feed Fuel North America Corn and Wheat-Based Feed Market

Animals who consume organic food offer meat that has high nutritional value. Organic milk and meat are rich in nutrients such as enzymes, bioflavonoids, and antioxidants. Hence, health-conscious consumers prefer organic food and organic meat over conventional food as it does not contain pesticides. Due to the growing demand for organic meat and dairy products, livestock farms, the poultry sector, and animal husbandry have focused on purchasing high-quality organic corn and wheat-based feed to supply organic meat to consumers. Conventional feed often contains high amounts of chemicals that hamper meat quality when consumed by animals. Long-term consumption of such meat results in various health disorders. To overcome this issue, manufacturers are investing heavily in corn and wheat-based feed products produced with organic constituents. Also, they are developing organic products that contain no chemical additives. Owing to all these factors, the rising preference for organic feed is expected to become a significant trend in the North America corn and wheat-based feed market during the forecast period.

North America Corn and Wheat-Based Feed Market Overview

The surge in demand for corn and wheat-based feed in North America can be attributed to the rise in livestock production. There were 87.2 million head of cattle and calves on the US farms as of January 1, 2024, according to the Cattle Report published by the US Department of Agriculture's National Agricultural Statistics Service (NASS). North America has seen increased meat consumption, driven by population growth, urbanization, and changing dietary preferences toward protein-rich diets. As a result, the demand for animal feed is rising to sustain the growing number of livestock raised for meat production. Corn and wheat are staple ingredients in animal feed formulations due to their nutritional value and affordability.

The increasing awareness of the advantages of corn in feed is further bolstering the market growth. Corn is a highly digestible carbohydrate for energy. It contains fatty acids for healthy skin and coat, beta-carotene, vitamin E, lutein, natural antioxidants, and high-quality proteins for muscle and tissue growth. Also, corn is a commonly used ingredient in commercial chicken feed because it's a readily available and inexpensive energy source and protein for chickens. Much like pigs, chickens benefit from the high carbohydrate content as it is a good source of protein and provides energy to maintain and grow their body temperature and essential amino acids for the growth and maintenance of muscle tissue. Additionally, the US is one of the top producers of corn in the world. According to United States Department of Agriculture (USDA), the corn production in the country in 2023 accounted for 15.3 billion bushels. Also, in Mexico and Canada there is huge production of corn. Thus, the easy availability of corn in the region and the rising awareness of benefits of using corn-based feed is contributing to the market growth in the region.

North America Corn and Wheat-Based Feed Market Revenue and Forecast to 2030 (US$ Million)

North America Corn and Wheat-Based Feed Market Segmentation

The North America corn and wheat-based feed market is categorized into product type, livestock, and country.

Based on product type, the North America corn and wheat-based feed market is bifurcated corn-based and wheat-based. The corn-based segment held a larger market share in 2022. The corn-based segment is further sub segmented into corn gluten meal, corn gluten feed, and other corn-based feed. The wheat-based segment is further sub segmented into wheat gluten, wheat bran, and other wheat-based feed.

In terms of livestock, the North America corn and wheat-based feed market is categorized into poultry, ruminants, swine, aquaculture, and others. The ruminants segment held the largest market share in 2022.

By country, the North America corn and wheat-based feed market is segmented into the US, Canada, and Mexico. The US dominated the North America corn and wheat-based feed market share in 2022.

Associated British Foods Plc, Jungbunzlauer Suisse AG, Roquette Freres SA, BENEO GmbH, International Nutritionals Ltd, Agrana Beteiligungs AG, Grain St Laurent Inc, and Archer Daniels Midland Company are some of the leading companies operating in the North America corn and wheat-based feed market.

Product Code: BMIRE00030671

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions

4. North America Corn and Wheat-Based Feed Market Landscape

4.1 Market Overview
4.2 Porter's Analysis Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturing Process
- 4.3.3 Distributors or Suppliers
- 4.3.4 End User

5. North America Corn and Wheat-Based Feed Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increase in Livestock Production
- 5.1.2 Benefits of Corn and Wheat in Animal Feed
5.2 Market Restraints
- 5.2.1 Challenges Related to Corn and Wheat Production
5.3 Market Opportunities
- 5.3.1 Growth of Aquaculture Industry
5.4 Future Trends
- 5.4.1 Rising Preference for Organic Feed
5.5 Impact of Drivers and Restraints:

6. Corn and Wheat-Based Feed Market - North America Market Analysis

6.1 North America Corn and Wheat-Based Feed Market Revenue (US$ Million), 2020-2030
6.2 North America Corn and Wheat-Based Feed Market Forecast Analysis

7. North America Corn and Wheat-Based Feed Market Analysis - by Product Type

7.1 Corn-Based
- 7.1.1 Overview
- 7.1.2 Corn-Based: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.3 Corn Gluten Meal
  - 7.1.3.1 Overview
  - 7.1.3.2 Corn Gluten Meal: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.4 Corn Gluten Feed
  - 7.1.4.1 Overview
  - 7.1.4.2 Corn Gluten Feed: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.5 Other Corn-Based Feed
  - 7.1.5.1 Overview
  - 7.1.5.2 Other Corn-Based Feed: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Wheat-Based
- 7.2.1 Overview
- 7.2.2 Wheat-Based: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.3 Wheat Gluten
  - 7.2.3.1 Overview
  - 7.2.3.2 Wheat Gluten: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.4 Wheat Bran
  - 7.2.4.1 Overview
  - 7.2.4.2 Wheat Bran: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.5 Other Wheat-Based Feed
  - 7.2.5.1 Overview
  - 7.2.5.2 Other Wheat-Based Feed: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)

8. North America Corn and Wheat-Based Feed Market Analysis - by Livestock

8.1 Poultry
- 8.1.1 Overview
- 8.1.2 Poultry: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Ruminants
- 8.2.1 Overview
- 8.2.2 Ruminants: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Swine
- 8.3.1 Overview
- 8.3.2 Swine: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Aquaculture
- 8.4.1 Overview
- 8.4.2 Aquaculture: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)

9. North America Corn and Wheat-Based Feed Market - Country Analysis

9.1 North America Corn and Wheat-Based Feed Market Breakdown, by Key Countries, 2022 and 2030 (%)
- 9.1.1 North America Corn and Wheat-Based Feed Market - Revenue and Forecast Analysis - by Country
- 9.1.2 US: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
  - 9.1.2.1 US: North America Corn and Wheat-Based Feed Market Breakdown, by Product Type
  - 9.1.2.2 US: North America Corn and Wheat-Based Feed Market Breakdown, by Livestock
- 9.1.3 Canada: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
  - 9.1.3.1 Canada: North America Corn and Wheat-Based Feed Market Breakdown, by Product Type
  - 9.1.3.2 Canada: North America Corn and Wheat-Based Feed Market Breakdown, by Livestock
- 9.1.4 Mexico: North America Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
  - 9.1.4.1 Mexico: North America Corn and Wheat-Based Feed Market Breakdown, by Product Type
  - 9.1.4.2 Mexico: North America Corn and Wheat-Based Feed Market Breakdown, by Livestock

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration

11. Company Profiles

11.1 Associated British Foods Plc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Jungbunzlauer Suisse AG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Roquette Freres SA
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 BENEO GmbH
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 International Nutritionals Ltd
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Agrana Beteiligungs AG
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 Grain St Laurent Inc
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 Archer Daniels Midland Company
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments

12. Appendix

12.1 About The Insight Partners