To the grindstone: Fluctuating wheat prices and a competitive landscape have limited revenue

The industry prepares feeds for farm animals, including concentrated animal feed and feed supplements and unmixed feeds. Performance is determined by several factors, such as weather patterns, disease outbreaks, herd sizes and dynamics in global supply and demand in both the meat and grain markets. Animal feed comes in a variety of forms, from raw grains to compound feeds that offer a particular nutritional benefit to maintain the health of the animal and enhance the quality of the end product. Overall, cereals account for over half of production inputs, while oil cake accounts for nearly one-quarter. The remaining share is accounted for by a combination of minerals, protein concentrates and by-products from the production of other foods...read more.

Industry Statistics & Market Size
Revenue
£5.4bn
Annual Growth 14-19
0.1%
Forecast Growth 19-24
Profit
Employment
9,794
Businesses
287

Industry Threats & Opportunities

  • High wheat prices early in the past five-year period supported profit but hampered revenue
  • Sales of micro-feed ingredients have been increasing steadily over the past five years
  • The industry is expected to consolidate to a degree, in response to trends in the agricultural sector, which will benefit margins
  • Industry Report - Industry Locations Chapter

    The distribution of operators in the Animal Feed Production industry is largely influenced by the spread of farms and the availability of cheap land. There is little benefit to be gained from being located near population centres because land is more expensive there and firms that locate close to farmers can work closely with them to develop feed mixtures appropriate to their needs.Northern IrelandThe majority of industry establishments are located in Northern Ireland, which is home to approximately 14.5% of animal feed producers. Northern Ireland accounts for a large proportion of the UK’s population of farm animals; according to figures from Defra, over 16% of all cattle, nearly 14% of chickens and almost 13% of all pigs are farmed in the region. Thi...purchase to read more.

    Additional Insights for the Animal Feed Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Animal Feed Production Industry are

  • Supply contracts in place for key inputs
  • Economies of scale
  • Membership of joint marketing/distribution operations
  • IBISWorld analysts also discuss how external factors such as Downstream demand from agriculture and Total meat consumption in the Animal Feed Production industry impact industry performance..

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    What's in this report

    What is the Animal Feed Production Industry?

    Producers in this industry prepare feeds for farm animals, including concentrated animal feed and feed supplements. They also make unmixed feeds, treat slaughter and industrial food manufacturing waste to produce animal feed. The industry excludes the production of pet food, any activities that produce usable animal feed as a by-product and the production of oilseed cake and fishmeal.

    Industry Products
  • Feed for other farm animals
  • Poultry feed
  • Cattle feed
  • Pig feed
  • Other concentrates and products
  • Industry Activities
  • Manufacturing prepared feed for farm animals
  • Manufacturing prepared fodder for farm animals
  • Manufacturing crushed grain for farm animals
  • Manufacturing animal feed concentrates
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream demand from agriculture
  • Total meat consumption
  • Level of annual rainfall
  • World price of wheat

  • Current Performance
  • A variety of inputs
  • Downstream trends
  • Industry innovation
  • Chart: Revenue Growth

  • Industry Outlook
  • Cultivating uncertainty
  • Industry consolidation
  • Regulation and innovation
  • Table: Animal Feed Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Animal Feed Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Dairy Cattle Raising
  • Sheep Farming
  • Poultry Raising
  • Grain, Seed, Animal Feed & Unmanufactured Tobacco Wholesaling

  • Key Selling Industries
  • Cereals, Leguminous Crops & Oilseed Growing
  • Grain Milling
  • Oil & Fat Production
  • Spirit Production

  • Products & Services
  • Poultry feed
  • Cattle feed
  • Feed for other farm animals
  • Other concentrates and products
  • Pig feed
  • Chart: Animal Feed Production Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Farming supplies wholesalers
  • Farmers
  • Chart: Major Market Segmentation for the Animal Feed Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Animal Feed Production

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Animal Feed Production Industry

  • Industry Globalization
    AB Agri Ltd, ForFarmers UK Ltd,
  • Table: AB Agri Ltd - financial performance
  • Table: ForFarmers UK Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Animal Feed Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Animal Feed Production Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Fodder
  • Food given to domestic livestock, including plants that are cut and carried to them.
  • Mrsa
  • Stands for Methicillin-resistant staphylococcus aureus, which is a bacteria responsible for various infections such as blood poisoning, pneumonia, bone infections and heat infections.
  • Pre-Mixture
  • A combination of feed types formulated to suit a broad range of animals.
  • What Our Customers Say

    Why buy this report?

    The Animal Feed Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Animal Feed Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Animal Feed Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Animal Feed Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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