Animal Food Market Overview in the USA
In value terms, animal food production totaled $ in 2018. Overall, animal food production continues to indicate a measured setback. The growth pace was the most rapid in 2015 with an increase of % year-to-year. Over the period under review, animal food production hit record highs at $ in 2013; however, from 2014 to 2018, production failed to regain its momentum.
The revenue of the animal food market in the U.S. amounted to $ in 2018, falling 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, animal food consumption continues to indicate a measured shrinkage. The pace of growth was the most pronounced in 2015 with an increase of % y-o-y. Animal food consumption peaked at $ in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.