Animal Food Market Overview in the USA
In value terms, animal food production dropped modestly to $ in 2019. In general, production showed a perceptible slump. The pace of growth appeared the most rapid in 2015 with an increase of % y-o-y. Animal food production peaked at $ in 2013; however, from 2014 to 2019, production failed to regain the momentum.
The size of the animal food market in the U.S. stood at $ in 2019, surging 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). Overall, consumption, however, saw a mild curtailment. Over the period under review, the market reached the peak level at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.