North America Organic Feed Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type, Additives, Form, Livestock, And By Country (The United States, Canada and Rest of North America) - Industry Analysis From (2024 to 2029)

Updated On: January, 2024
ID: 10506
Pages: 145

North America Organic Feed Market Size (2024 to 2029):

The North America organic feed market size is expected to reach USD 3.22 billion in 2024 and reach USD 4.35 billion by 2029, growing at a CAGR of 6.22 % from 2024 to 2029.

Factors such as the high production cost of organic feed and increasing awareness about safe food products among the local population are some of the major challenges to the expansion of the organic feed market in North America.

Increasing demand for organic food products, the surge in organic livestock farming, and the expanding instances of animal product contamination by insecticides and pesticides are some of the driving factors that help the growth of the Organic Feed market in the North American region.

Also, the shifting trend towards vertical integration and the rising expenditure of major key players towards the advertisement of organic feed products on multiple platforms are some of the other driving factors of the North American organic Feed market that support the revenue rate to increase further.

COVID-19 impact on North America Organic Feed Market:-

Due to the coronavirus pandemic, all the companies are suffering from production and demand, supply chain and market disruption, and financial losses. Almost all the companies around the world have halted their manufacturing units due to the strict lockdown regulations imposed by the government authorities.

The government authorities gave permission to the companies to restart their production units with strict rules and regulations, which in turn started the supply chain of their products and helped them to recover from their financial crisis.

In the North American Organic Feed market, the companies related to the market were expecting that the industry would gain some profits in the coming two to three years with the rising consumer awareness about the benefits of organic food in this locale.

This research report on the North American organic feed market is segmented and sub-segmented into the following categories.

North America Organic Feed Market - By Type:

  • cereals & grains
  • oilseeds
  • others

The cereals & grains segment is further segmented into wheat, maize, and barley. The oilseeds segment is further bifurcated into soybean, rapeseeds, sesame seeds, copra, and sunflower seeds. Among these, the cereals and grains segment holds the major share of the market due to the increasing awareness about the benefits of feeding organic cereals and grains to livestock maintaining their nutrient requirements, and enhancing their growth.

North America Organic Feed Market - By Livestock:

  • poultry
  • ruminants
  • swine
  • aquatic animals
  • others such as equine and pets

Among these, the poultry segment holds the major share of the market due to the increase in organic poultry production and the rise in demand for organic meat.

North America Organic Feed Market - By Form:

  • pellets
  • crumbles
  • mashes

Among these, the pellets segment holds the major share of the market due to the rising adoption of organic feed pellets in order to minimize wastage.

North America Organic Feed Market - By Additives:

  • minerals
  • amino acids
  • vitamins
  • enzymes
  • phytogenic
  • others

North America Organic Feed Market - By Country:-

  • U.S.A
  • Canada
  • Rest of North America

North America region is having major share of Organic Feed market because of the increasing demand for organic feed products in the poultry industry. Also, the easy availability of ingredients such as wheat, corn, oat, barley, and soybean propel the growth of the revenue rate in the North American region. This area is also expected to record an increase in the revenue rate over the outlook period.

KEY MARKET PLAYERS:-

Some of the key players of Organic Feed market are Ranch-Way Feeds (US), Aller Aqua (Denmark), Scratch and Peck Feeds (US), Cargill (US), K-Much Feed Industry Co., Ltd (Thailand), The Organic Feed Company (UK), B&W Feeds (UK), Feedex Companies (US), Country Junction feed (US), Green Mountian Feeds (US), Unique Organic (US), Kreamer Feed (US), Cargill (US), BernAqua (Belgium), Country Heritage Feeds (Australia), ForFarmers (Netherlands), SunOpta (Canada), Purina Animal Nutrition LLC (US), Yorktown Organics, LLC (US), and Hi Peak Feeds (UK).  

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