North America Feed Pelletizing Agents Market Size By Type of Agents (Natural Agents, Synthetic Agents), By Animal Type (Poultry, Swine, Ruminant), And Forecast
Report ID: 470966|No. of Pages: 179
North America Feed Pelletizing Agents Market Size By Type of Agents (Natural Agents, Synthetic Agents), By Animal Type (Poultry, Swine, Ruminant), And Forecast
North America Feed Pelletizing Agents Market Size and Forecast
North America Feed Pelletizing Agents Market size was valued at USD 1.6 Billion in 2024 and is expected to reach USD 2.3 Billion by 2031, growing at a CAGR of 4.6% from 2024 to 2031.
- Feed pelletizing Agents are chemicals used in the manufacturing of animal feed pellets to improve their binding, durability, and quality. These substances can be classed as natural, synthetic, or inorganic, with natural binders such as starch and lignocellulosic biomass being especially popular due to their low cost and health benefits. These Agents are primarily used in the poultry, swine, ruminant, and aquaculture industries to ensure feed integrity, improve digestibility, and facilitate handling and transportation.
- The market for feed pelletizing Agents in North America looks promising, with demand for efficient and high-quality feed on the rise due to industrial farming and animal husbandry techniques. With feed formulation innovations, there is also an increasing interest in organic and sustainable pelletizing Agents, aligning with the trend towards healthier and more environmentally responsible products. As demand for meat, dairy, and aquaculture products grows, the feed pelletizing industry will most likely see continued investment and technological advancements to improve feed efficiency and reduce production costs.
North America Feed Pelletizing Agents Market Dynamics
The key market dynamics that are shaping the North America feed pelletizing agents market include:
Key Market Drivers
- Growing Livestock Population: The growing livestock population and increased meat consumption will propel the North American feed pelletizing agents market. With the USDA anticipating 103.5 billion pounds of red meat and poultry produced in 2022, the need for efficient feed production grows. Pelletizing agents improve feed quality and palatability, helping to meet animal nutritional needs and enable increasing meat consumption, making them critical for the growing market.
- Rising Focus on Animal Nutrition Efficiency: The growing emphasis on animal feeding efficiency will boost the North American feed pelletizing agents industry. Pelletized feeds, which boost feed conversion ratios by 10-15%, are becoming more popular as producers strive for greater feed efficiency. This increases demand for pelletizing solutions, as manufacturers engage in technology that improve feed quality and nutritional value, hence supporting market growth.
- Technological Advancement in Pelletizing Equipment: Technological advances in pelletizing equipment will propel the North American feed pelletizing agents market. Innovations are increasing production efficiency and cost-effectiveness, with the feed equipment market predicted to increase at a CAGR of 5.2% between 2023 and 2028, showing a high demand for improved pelletizing solutions.
Key Challenges
- Environmental Impact: the environmental impact may hinder the growth of the North American feed pelletizing agent’s market. The energy-intensive feed pelletizing process and resulting emissions are under growing scrutiny. As consumers and regulators push for greener, more energy-efficient solutions, manufacturers must invest in sustainable technologies to reduce carbon footprints, leading to higher operational costs that could slow market expansion.
- Regulatory Compliance: Regulatory compliance may impede the growth of the North American feed pelletizing agents market. The feed industry is heavily regulated, and complying with these laws can be time-consuming and costly, especially when new technology or ingredients are introduced. Varying legislation between areas complicate matters, creating impediments for businesses wanting to extend their product offers, slowing innovation and market growth.
- Volatile Raw Material Prices: Volatile raw material prices can have an impact on the growth of the North American feed pelletizing agents market. Fluctuations in the prices of critical commodities such as starch and molasses, caused by global supply chain interruptions, weather conditions, and inflation, make it difficult for manufacturers to maintain consistent production costs. These price discrepancies might result in increased production costs and less competitive pricing, thereby slowing market expansion and lowering profits.
Key Trends
- Sustainability and Eco-Friendly Pelletizing Agents: Sustainability and eco-friendliness are major factors in the North American feed pelletizing agents market. The growing demand for natural, biodegradable materials, driven by both consumer preferences and environmental restrictions, is forcing the sector to adopt greener processes. Ingredients such as lignosulfonates and molasses are gaining popularity as alternatives to synthetic additives, reflecting the larger trend toward sustainability.
- Rising Demand for Pelleted Feed: The increased demand for pelleted feed is propelling the North American feed pelletizing agents market. Pelleted feed enhances feed efficiency, digestibility, and animal health, resulting in increased output in industries such as poultry, swine, and aquaculture. The rising use of pelleted feed, which also helps minimize waste in aquaculture, increases the demand for pelletizing agents.
- Emphasis on Animal Health and Welfare: The emphasis on animal health and welfare is propelling the North American feed pelletizing agent market. With a rising emphasis on sustainable practices, pelletizing agents are being developed to improve the nutritional content of feed by combining probiotics and prebiotics to support gut health, boost immunity, and reduce antibiotic use in livestock.
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
What's inside a VMR
industry report?
>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=470966
North America Feed Pelletizing Agents Market Regional Analysis
Here is a more detailed regional analysis of the North America feed pelletizing agents market:
United States
- The United States dominates the North American feed pelletizing Agents market, owing to rising demand for animal protein. As meat consumption rises, especially in chicken, cattle, and dairy, there is a greater demand for efficient feed production systems. The USDA reported a per capita meat consumption of 224.1 pounds in 2021, with poultry consumption hitting 108.1 pounds. This rise emphasizes the significance of modern feed processing systems in meeting production expectations, hence boosting the market for feed pelletizing Agents in the United States.
- Technological advancements in feed processing will bolster the US position in the North American feed pelletizing Agents market. The USDA’s Agricultural Research Service (ARS) will invest $1.2 billion in 2022, with a large part going toward animal nutrition and feed technology. This investment has resulted in breakthroughs in feed pellet quality, digestibility, and nutritional content, increasing demand for more efficient feed production methods. These inventions help to meet the demand for high-quality feed pelletizing Agents, reinforcing the United States’ industry leadership.
Canada
- Canada is expanding in the North American feed pelletizing Agents market as its agricultural biotechnology sector grows. The country has made enormous investments in agricultural research and development, with $4.7 billion allocated in 2022 alone. The Canadian government’s Strategic Innovation Fund has set aside more than $200 million to support agricultural technological advancements. These investments are propelling advances in feed processing technologies, establishing Canada as a pioneer in the development of efficient and sustainable feed production systems, hence increasing demand for feed pelletizing Agents.
- Advanced agricultural research and development will propel Canada in the North American feed pelletizing Agents market. Canada is driving feed technology innovation, with organizations such as the Natural Sciences and Engineering Research Council of Canada (NSERC) investing $1.3 billion in 2022, the majority of which will go toward agriculture and food sciences. Leading schools such as the University of Saskatchewan and the University of Guelph also play an important role in the advancement of feed pelletizing technology, which drives market demand for these Agents.
North America Feed Pelletizing Agents Market: Segmentation Analysis
The North America Feed Pelletizing Agents Market is segmented on the basis of Type of Agents, and Animal Type.
North America Feed Pelletizing Agents Market, By Type of Agents
- Natural Agents
- Synthetic Agents
Based on Type of Agents, the market is segmented into Natural Agentss and Synthetic Agents. Synthetic Agents are dominating in America feed pelletizing Agents market due to their constant performance, cost-effectiveness, and ability to improve feed pellet durability and processing efficiency. These Agents, such as synthetic polymers and clays, are widely utilized in large-scale feed production for poultry, swine, and ruminants due to their consistent binding qualities. Natural Agentss are the fastest-growing segment, driven by rising customer demand for eco-friendly and health-conscious products. Natural Agentss such as starch, lignin, and bentonite are fastest growing in the market, as they are environmentally beneficial and align with the growing demand for organic and clean-label animal feed products. The growing popularity of organic farming and more sustainable animal methods is driving the demand for natural pelletizing Agentss.
North America Feed Pelletizing Agents Market, By Animal Type
- Poultry
- Aquaculture
- Swine
- Ruminant
Based on Animal Type, the market is segmented into Poultry, Aquaculture, Swine, and Ruminant. The poultry segment leads the North America feed pelletizing agents market, due to the strong demand for efficient feed solutions in the continuously expanding poultry industry. Poultry production in the United States and Canada is large, and chicken consumption is expanding, necessitating the use of high-quality feed pellets to increase animal performance and feed conversion ratios. The aquaculture market is the fastest growing in the market, thanks to rising seafood demand and advances in aquaculture cultivation technologies. As customer preferences shift toward sustainable seafood production, the use of pelleted feed in aquaculture is growing, particularly in areas with thriving fish farming businesses, such as Canada. The growing emphasis on sustainable feed methods in aquaculture is driving up demand for feed pelletizing agents in this industry.
Key Players
The North America Feed Pelletizing Agents Market is highly fragmented with the presence of a large number of players in the market. Some of the major companies include Cargill, Incorporated, Bunge Limited, Kerry Group plc, Roquette Frères, BASF SE, DuPont de Nemours, Inc., Ingredion Incorporated, Kemin Industries, Inc., Solvay SA, GEA Group AG, Ajinomoto Co., Inc., Lubrizol Corporation, FMC Corporation, Lallemand Inc., and Darling Ingredients Inc. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
North America Feed Pelletizing Agents Market Recent Developments
- In July 2021, Wilbur-Ellis Nutrition acquired the forage pellet business of Ametza LLC, this acquisition helped Wilbur-Ellis Nutrition obtain pelleting, packaging, and warehousing operations in California.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2021-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2021-2023 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cargill, Incorporated, Bunge Limited, Kerry Group plc, Roquette Frères, BASF SE, DuPont de Nemours, Inc., Ingredion Incorporated, Kemin Industries, Inc., Solvay SA, GEA Group AG, Ajinomoto Co., Inc., Lubrizol Corporation, FMC Corporation, Lallemand Inc., and Darling Ingredients Inc. |
| Segments Covered | Type of Agents, and Animal Type. |
| Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
|
|
| Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|---|---|
|
|
