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North America Poultry Feed Market

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The North American poultry feed market is estimated to grow at a CAGR of 6.6% during the forecast period, 2013 to 2018. The increasing trend in the North American poultry feed market is a result of the rising growth potential in the Mexican and Canadian markets. The U.S. is however still the most important contributor to the North American market, and is dominating the global poultry feed market as well, with over 20% of the global market. The North American market is expected to grow at the fastest CAGR of 7.0% during the forecast period of 2013 to 2018. The U.S. market accounted for a 70% stake in the North American market in 2012. The Canadian market is the smallest segment in the region, and Mexico is the slowest-growing segment. The U.S. dominance is mainly attributed to the various government initiatives towards awareness of poultry products and their proper usage.

Some of the major types of poultry feed discussed in the report are layers and broilers, among others. As established before, the U.S., Canada, and Mexico are the major countries considered for the market analysis. The broiler segment dominates the North American poultry feed market, accounting for over 60% market share; this segment is projected to grow at a CAGR of 7.2% from 2013 to 2018.
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