Industry Analysis & Industry Trends
The performance of the Animal Feed Production industry is determined by several factors, such as weather patterns, disease outbreaks, herd sizes and global demand and supply dynamics in meat and grain markets. As a result of these influences, the industry has contracted overall during the past five years, while highly volatile input prices caused profit margins to fluctuate. Industry revenue is expected to fall by 1.4% in 2016-17 on the back of low wheat prices due to record crop yields around the world in the current year.
Industry operators have been able to add significant value by tailoring their products to different agricultural purposes and different animals... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of operators in the Animal Feed Production industry is largely influenced by the spread of animal farms and the availability of cheap land. There is little benefit to be gained from locating 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 Ireland and the North West
Northern Ireland and the North West have the highest shares of industry establishments. According to figures from the Agriculture and Horticulture Development Board, Northern Ireland has a high concentration of pigs, beef cattle and dairy cattle, meaning there are many farmers for industry operators to serve there. Alt.. purchase to read more