Animal Food Market Overview in the USA
In value terms, animal food production amounted to $ in 2018. Over the period under review, animal food production continues to indicate a measured reduction. The pace of growth was the most pronounced in 2015 when production volume increased by % against the previous year. Animal food production peaked at $ in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.
The revenue of the animal food market in the U.S. amounted to $ in 2018, lowering by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, animal food consumption continues to indicate a measured shrinkage. The growth pace was the most rapid in 2015 when the market value increased by % year-to-year. Over the period under review, the animal food market reached its peak figure level at $ in 2013; however, from 2014 to 2018, consumption remained at a lower figure.