North America Ruminant Feed Premix Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.06 Billion |
| Market Size (2029) | USD 1.25 Billion |
| CAGR (2024 - 2029) | 3.40 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Ruminant Feed Premix Market Analysis
The North America Ruminant Feed Premix Market size is estimated at USD 1.06 billion in 2024, and is expected to reach USD 1.25 billion by 2029, at a CAGR of 3.40% during the forecast period (2024-2029).
Feed premixes are essential components in ruminant production, as they enhance animal health, productivity, and feed efficiency by improving nutrient absorption, immune system function, and growth development. The market for feed premixes is expanding due to increasing demand for premium dairy products. Consumer preferences for nutritious meat and dairy products have prompted ruminant producers to adopt feed premixes that improve animal health. According to the United States Department of Agriculture, beef consumption in the United States increased from 26.7 to 26.8 kilograms per person between 2021 and 2022. This consumption trend emphasizes the importance of optimized feed formulations and feed premixes in supporting animal growth and development.
Industrial ruminant production requires high-quality feed to enhance efficiency, improve feed conversion ratios, and increase animal muscle mass and protein content. The growing adoption of these practices is driving the demand for feed premixes used in compound feed production, contributing to the North American ruminant feed premix market growth. According to the Food and Agriculture Organization (FAO), the United States maintained the largest cattle population in North America, with beef and dairy cattle reaching 89.3 million heads in 2023. Canada Statistics reported an increase in the country's cattle population from 11.1 million heads in 2022 to 11.3 million heads in 2023. This expansion in cattle production, driven by increasing demand for animal products, has led to higher requirements for quality feed and subsequently increased feed premix usage.
Moreover, the trend toward larger, concentrated animal feeding operations (CAFOs) has increased the demand for feed premixes in North America. These high-density environments create challenges, including disease transmission risks, nutrient management issues, and animal stress. Feed premixes address these concerns effectively. Probiotics-based feed premixes enhance animal immunity, reducing disease outbreaks common in CAFOs. The expanding animal production industry, combined with rising meat and dairy consumption, drives market growth. Additionally, nutrient deficiencies that cause diseases and mortality have prompted farmers to use premixes that provide essential nutrients to ruminants.
North America Ruminant Feed Premix Market Trends
Rising Beef and Dairy Consumption Fuels Market Growth
North American countries are experiencing rapid urbanization and rising income levels. These economic changes have influenced dietary preferences, leading to higher per capita consumption of meat and dairy products. Growing awareness about protein-rich diets has increased the consumption of animal protein sources, which is driving the growth of the feed premix market through compound feed usage. Beef, the meat derived from cattle (bulls, heifers, or steers), is a significant red meat variety consumed in North American countries. The market offers various steak cuts, ranging from premium options like rib eye, sirloin, and tenderloin to economical choices such as hanger and skirt steak. In North American countries, particularly the United States, Canada, and Mexico, beef consumption remains high due to its nutritional value, providing essential nutrients including high-quality protein, vitamins B6 and B12, zinc, and readily bioavailable heme iron.
The Dietary Guidelines for Americans, 2020-2025 (DGA) establishes protein foods, including lean meats, as essential components of a healthy American diet. According to the United States Department of Agriculture, the United States maintains its position as the global leader in beef and veal production, reached 12.6 million metric tons in 2022, supported by a beef cattle herd of 30 million. According to the Dietary Guidelines for Americans in 2023, 12% of the American population accounts for half of the country's beef consumption daily, with men and individuals aged 50 to 65 representing the majority of this consumption group, raising both health and environmental concerns.
Milk consumption in the United States and Canada constitutes a significant portion of the national diet. According to Statistics Canada, in 2023, Quebec led milk production among Canadian provinces with 35.37 million hectoliters, followed by Ontario with 31.65 million hectoliters. Higher processor demand and low butter stocks indicate increased milk production from Canadian dairy farmers in 2024. The increasing consumption of dairy products and beef is driving cattle production in the region, consequently boosting the demand for ruminant feed premix products.
The United States Dominates the Market
The United States ruminant feed premix market is experiencing growth due to the expansion of the meat and dairy industries. The United States, a major beef exporter, exports 80% of its beef to Japan, South Korea, China, Mexico, and Canada. In 2023, according to the ITC Trade Map, United States beef and beef product exports reached USD 4.39 billion. The growth in U.S. beef exports was primarily driven by demand from South Korea and other East Asian markets. Exports to South Korea are valued at USD 0.96 billion, Japan at USD 0.90 billion, and Mexico at USD 0.78 billion. South Korea emerged as the primary destination for U.S. beef exports in 2023, accounting for 21.9% of export value, with growth primarily stemming from the retail sector. The United States - Korea Free Trade Agreement (KORUS) has reduced tariffs on U.S. beef to 10.6%, down from the pre-agreement rate of 40%. This export performance, combined with increasing domestic demand for premium meat and dairy products, has resulted in larger livestock populations. This growth in animal numbers has increased the demand for compound feed.
The growth in the ruminant population and rising demand for meat and animal products are driving the demand for feed and feed premixes. According to the Alltech Feed Survey 2023, the United States produced 24.0 million metric tons of feed for dairy cattle and 62.4 million metric tons for beef cattle. This significant feed production has expanded the market for premixes that enhance animal health and productivity. North America's varied climate, from humid subtropical conditions in the southeast to arid regions in the southwest, creates specific challenges for feed preservation. The United States Grains Council reported that the average United States total grain damage in 2023 was 0.9% higher than in 2021, mainly due to mold and heat damage. This increase in grain damage has heightened the need for antioxidants to prevent oxidation and maintain feed quality in challenging environmental conditions.
The growing concern over antibiotic resistance has led the industry to strengthen cattle health protocols, focusing on controlled antibiotic usage and enhanced disease management strategies. Feed premixes, including vitamins, amino acids, and acidifiers, enhance animal health resilience and are essential components in livestock production. The World Health Organization (WHO) recognizes antimicrobial resistance (AMR) as a primary public health threat. In response, the US Food and Drug Administration (FDA) implemented Guidance #263 in June 2023, mandating prescriptions for previously over-the-counter animal antibiotics. This regulatory change is projected to increase the demand for feed premixes, specifically amino acids and vitamins.
North America Ruminant Feed Premix Industry Overview
The North America Ruminant Premix Market is consolidated with few players holding a major market share. Kemin Industries, Inc., Cargill, Incorporated, Alltech, Archer Daniels Midland (ADM), and IFF (Danisco Animal Nutrition) are a few among the many leading players in the market. The companies are not only competing based on product quality or product promotion but are also focused on other strategic moves, like acquisitions and expansions, to acquire a larger share and expand their acquired market size. The most adopted strategies for these companies are mergers and acquisitions, and from time to time collaborations for investments in new product developments and research enhancement.
North America Ruminant Feed Premix Market Leaders
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Kemin Industries, Inc.
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Cargill, Incorporated
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Alltech
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Archer Daniels Midland (ADM)
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IFF (Danisco Animal Nutrition)
*Disclaimer: Major Players sorted in no particular order
North America Ruminant Feed Premix Market News
- June 2024: Kemin Industries, a global ingredient manufacturer, launched CholiGEM, a rumen-protected choline supplement for lactating dairy cows in the U.S. market. The product addresses fatty liver and ketosis conditions while improving liver metabolic functions and increasing milk fat and protein yields.
- April 2024: Alltech partnered with Agolin in the United States to supply plant-based nutrition solutions that have undergone scientific validation, demonstrating their ability to enhance profitability and sustainability in agriculture. These plant-based solutions offer a clear differentiation from competitors, attracting customers who prioritize environmentally friendly and effective feed options.
- February 2023: Nutreco and the US-based company BiomEdit partnered to transform feed premix through Biome-actives. This collaboration brings together BiomEdit’s state-of-the-art microbiome discovery platform and Nutreco’s customer access and distribution capabilities.
North America Ruminant Feed Premix Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Meat and Dairy Products
4.2.2 Increasing Production of Compound Feed
4.2.3 Rising Incidence of Animal Diseases
4.3 Market Restraints
4.3.1 Stringent Government Rules
4.3.2 High Price of Raw Materials
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Ingredient Type
5.1.1 Antibiotics
5.1.2 Vitamins
5.1.3 Antioxidants
5.1.4 Amino Acids
5.1.5 Minerals
5.1.6 Others
5.2 Geography
5.2.1 United States
5.2.2 Canada
5.2.3 Mexico
5.2.4 Rest of North America
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Kemin Industries, Inc.
6.3.2 Elanco
6.3.3 Alltech
6.3.4 Archer Daniels Midland (ADM)
6.3.5 Cargill, Incorporated
6.3.6 SHV (Nutreco NV)
6.3.7 IFF (Danisco Animal Nutrition)
6.3.8 DSM-Firmenich
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Ruminant Feed Premix Industry Segmentation
A premix is a value-added solution to ruminant feed consisting of a mixture of requisite vitamins, minerals, diluents, and other nutrients. The increasing demand for high-value animal protein and declining feed conversion rates are driving the North America ruminant feed premix market. The market is segmented by Ingredients Type (Antibiotics, Vitamins, Antioxidants, Amino acids, Minerals, and Others), and Geography (United States, Canada, Mexico, and the Rest of North America). The report offers market estimation and forecasts in value (USD) and volume (Metric Tons) for all the above segments.
| Ingredient Type | |
| Antibiotics | |
| Vitamins | |
| Antioxidants | |
| Amino Acids | |
| Minerals | |
| Others |
| Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Ruminant Feed Premix Market Research FAQs
How big is the North America Ruminant Feed Premix Market?
The North America Ruminant Feed Premix Market size is expected to reach USD 1.06 billion in 2024 and grow at a CAGR of 3.40% to reach USD 1.25 billion by 2029.
What is the current North America Ruminant Feed Premix Market size?
In 2024, the North America Ruminant Feed Premix Market size is expected to reach USD 1.06 billion.
Who are the key players in North America Ruminant Feed Premix Market?
Kemin Industries, Inc., Cargill, Incorporated, Alltech, Archer Daniels Midland (ADM) and IFF (Danisco Animal Nutrition) are the major companies operating in the North America Ruminant Feed Premix Market.
What years does this North America Ruminant Feed Premix Market cover, and what was the market size in 2023?
In 2023, the North America Ruminant Feed Premix Market size was estimated at USD 1.02 billion. The report covers the North America Ruminant Feed Premix Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Ruminant Feed Premix Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Ruminant Feed Premix Industry Report
Statistics for the 2024 North America Ruminant Feed Premix market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Ruminant Feed Premix analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
North America Ruminant Feed Premix Market Report Snapshots
