Compound Horse Feedstuff Market Size and Share

Compound Horse Feedstuff Market Summary
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Compound Horse Feedstuff Market Analysis by Mordor Intelligence

The compound horse feedsuff market size reached USD 9.2 billion in 2025 and is projected to touch USD 12.2 billion by 2030, reflecting a 5.8% CAGR across the period. Rising professionalization of equine sports, expanding equine therapy programs, and premiumization of animal nutrition continue to steer volume and value growth. Owners increasingly demand scientifically calibrated rations that mirror companion-animal standards, pushing manufacturers toward evidence-based formulations and transparent ingredient sourcing. Precision-feeding hardware is cutting waste and sharpening ration accuracy, while e-commerce subscription models are widening access and compressing channel margins. Regulatory modernization, such as Canada’s updated Feeds Regulations and imminent tightening of US additive approvals, is prompting reformulations and larger capital outlays that favor firms with deep compliance capabilities. Mergers and acquisitions remain active as leading suppliers secure regional mills to lock in raw-material chains and shorten delivery routes.

Key Report Takeaways

  • By feed type, pelleted feed held 42.5% revenue in 2024, and the concentrates and supplements are set to climb at an 8.1% CAGR through 2030.
  • By ingredient type, cereal-based formulas accounted for 57.6% of the compound horse feedstuff market share in 2024, while protein meals are projected to expand at a 7.9% CAGR.
  • By form, dry feeds generated 72.0% of the compound horse feedstuff market size in 2024, and cubes/blocks are poised for a 9.1% CAGR during the forecast horizon.
  • By horse age group, adult horses produced 45.6% of 2024 sales, and the senior-specific diets are forecast to grow at an 8.7% CAGR.
  • By distribution channel, offline retail captured 63.3% revenue in 2024, yet online retail is accelerating at an 11.7% CAGR amid subscription uptake.
  • By geography, North America contributed 32.8% to global revenue in 2024, and the Asia-Pacific will register the quickest 8.8% CAGR to 2030.
  • The five largest manufacturers commanded 49.7% combined revenue in 2024, underscoring a moderately concentrated competitive field.

Segment Analysis

By Feed Type: Pelleted formats consolidate leadership

Pelleted Feed captured 42.5% revenue in 2024. Uniform nutrient density and favorable flow characteristics reduce selective feeding and labor, aligning with large-scale operations. The compound horse feedstuff market size attributable to concentrates and supplements is anticipated to rise at an 8.1% CAGR as precision-nutrition adoption grows. Textured feeds, at 28% share, drive loyalty but face waste and storage concerns. Complete Feed holds 18% share, posting 4.2% growth as convenience-minded owners embrace all-in-one solutions. Advances in extrusion allow inclusion of fragile vitamins while safeguarding palatability. Total mixed ration trials reported 47.53% body-weight gains, encouraging experimental blends.

Manufacturers enrich pellets with controlled-release starch and supplemental fat to meet high caloric needs without glycemic spikes, bolstering safe-energy delivery for sport horses. Widespread pelleting dovetails with automated feeders that portion rations precisely, supporting data-driven barns and reinforcing volume throughput in the market.

Compound Horse Feedstuff Market: Market Share by Feed Type
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By Ingredient Type: Protein Meals accelerate

Cereal-based diets remained dominant with a 57.6% share in 2024, yet growth cooled to 3.8% as owners sought superior amino-acid density. Protein Meals are set for a 7.9% CAGR on the back of muscle-building demand. Dual-protein strategies that pair soybean or canola meal with synthetic lysine fine-tune essential amino-acid ratios and satisfy performance barns. Fiber Additives account for a 15% share and rise 5.1% annually as prebiotic research underscores gut health benefits. Oils and Fats, now 8%, grew 6.8% in 2024 as omega-three enrichment links to anti-inflammatory advantages.

Functional blends now embed probiotics, enzymes, and chelated minerals. Pea protein appeals to non-GMO buyers, and mechanized micro-dosing systems allow consistent nutrient inclusion, elevating premium label credibility in the horse feed market.

By Horse Age Group: Senior cohort expands fastest

Adult horses generated 45.6% 2024 turnover and will progress steadily at 4.8%. Senior diets will progress at an 8.7% CAGR, reflecting veterinary care improvements that extend equine lifespans and heighten owner attachment. Formulators prioritize digestibility, vitamin E, and omega-three fortification to offset metabolic decline. Foals and Yearlings share 25% of demand and expand 6.2%, helped by empirical links between early nutrition and lifelong performance. Lysine-rich mare feeds enhance milk yield and foal development in controlled studies, supporting premium pricing.

Manufacturers cultivate cradle-to-grave brand loyalty by aligning SKUs with each life stage. Senior pellets employ extruded grains for softer chew and buffered calcium to lower ulcer risk, while growth rations integrate chelated trace minerals to spur bone maturation.

By Form: Dry remains dominate, cubes grow fastest

Dry formulations held a commanding 72.0% share, with long shelf life and compatibility with bulk delivery infrastructure. Cubes/Blocks will outpace others at a 9.1% CAGR as dust-free handling attracts owners of respiratory-sensitive horses. These compressed feeds also fit pasture feeding with minimal equipment. Liquid/Mash lines sit near 8% share, leveraging rehydration and recovery positioning. New pouch concentrates dilute at the barn to cut freight weight, and gel feeds marry hydration with nutrient payloads.

Portable cube dispensers used during travel protect portion control for competition horses. In parallel, InstaMix liquid concentrates integrate electrolytes and branch-chain amino acids, commanding premium prices and extending brand differentiation.

Compound Horse Feedstuff Market: Market Share by Form
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By Distribution Channel: E-commerce upends legacy retail

Offline retail still owns 63.3% revenue due to immediate availability and expert counsel from feed stores and veterinarians. Online retail will post an 11.7% CAGR as subscription services deliver convenience and cost savings. Digital channels bypass distributor margins and collect consumption data for targeted upsells. Shipping heavy feed remains a hurdle, so hybrid click-and-collect models are gaining traction.

Influencer content and social ads accelerate trial, while mobile apps help owners calculate rations by weight and workload, nudging supplementary purchases. Recyclable, courier-grade multi-wall bags reduce damage and elevate unboxing visibility, reinforcing brand equity within the horse feed market.

Geography Analysis

North America led the horse feed market with 32.8% revenue in 2024. More than 30 million Americans engage in horse activities, generating USD 122 billion in annual economic output. Canada’s regulatory overhaul raised safety and traceability barriers, prompting product upgrades. Steady 4.2% regional CAGR is driven by premiumization, precision-feeding uptake, and stable therapy demand. Firms exploit robust distribution grids and advanced veterinary ecosystems to introduce high-margin offerings, while e-commerce subs and micro-fulfillment centers tighten service windows.

Asia-Pacific will log the speediest 8.8% CAGR through 2030. Although China’s equine headcount shrank from 3.72 million in 2021 to 3.59 million in 2023, the surviving population now serves leisure and sport and thus demands higher-grade feed. Government grants and corporate sponsorship expand show-jumping circuits and therapy centers. Rising middle-class incomes in urban China, Japan, and Australia elevate willingness to pay for imported brands. Local mills partner with multinationals for Western-grade formulations, balancing cost with performance expectations.

Europe held 28% revenue share and advanced 4.0% in 2024. The continent’s equine economy generates EUR 100 billion (USD 108 billion) each year and underpins significant employment. Organic and non-GMO claims resonate as sustainability rules tighten. Environmental directives constrain phosphorous output, pushing enzyme-aided feeds, while animal-welfare mandates drive medicated-free claims. Brexit-induced trade uncertainty led UK firms to rework supply chains, yet demand persists in show-jumping hubs.

Compound Horse Feedstuff Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The five largest suppliers held 49.7% global revenue in 2024, confirming moderate concentration that leaves room for regional challengers. Cargill Inc. leverages nationwide mill footprints and research and development heft to innovate high-fat, low-starch formulations that align with metabolic health goals. Purina Mills LLC (Land O’Lakes Inc.) supports adoption through an extensive field-service network and proprietary ration-balancing software, anchoring strong brand loyalty among boarding barns. Archer-Daniels-Midland differentiates by cross-selling amino-acid concentrates from its broader oilseed complex, leveraging vertical integration to control raw inputs.

Kent Corporation capitalizes on Midwestern distribution strength and invests in clean-label manufacturing lines that satisfy medication-carryover rules. Ridley Corporation Ltd., headquartered in Australia, climbs into the top tier through its Barastoc brand and is accelerating exports across Asia-Pacific. Consolidation persists as majors purchase regional mills to secure cereal origination and streamline logistics. Precision-feeding technology now acts as a competitive lever; leaders embed smart feeders within supply contracts, creating data lock-in that raises switching costs. Regulatory flux following the sunset of the FDA-AAFCO memorandum imposes heavier documentation, which larger firms absorb more easily.

Smaller companies exploit white-space niches such as organic, therapeutic, or breed-specific diets, leaning on agile formulation protocols and intimate customer service. Yet capital requirements for segregated production and on-site toxin testing are climbing, potentially accelerating further industry consolidation within the horse feed market.

Compound Horse Feedstuff Industry Leaders

  1. Cargill Inc.

  2. Purina Mills LLC (Land O’Lakes Inc.)

  3. Archer-Daniels-Midland

  4. Kent Corporation

  5. Ridley Corporation Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Compound Horse Feedstuff Market Concentration
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Recent Industry Developments

  • October 2024: AgroCares and Trouw Nutrition renewed their partnership to enhance precision feed solutions through the NutriOpt On-site Adviser, expanding mobile nutritional analysis capabilities for livestock, including horses.
  • September 2024: Cargill acquired two US mills from Compana Pet Brands, strengthening distribution across multiple animal segments, including equine.
  • July 2024: The Canadian Food Inspection Agency published updated Feeds Regulations, modernizing nutrient standards and registration requirements for animal feeds, including equine products.

Table of Contents for Compound Horse Feedstuff Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising equine sports participation
    • 4.2.2 Growth of premiumization in pet nutrition
    • 4.2.3 Adoption of precision nutrition programs
    • 4.2.4 Expansion of equine therapy centers
    • 4.2.5 Proliferation of functional fiber innovations
    • 4.2.6 Surge in direct-to-owner subscription models
  • 4.3 Market Restraints
    • 4.3.1 High cost volatility of key cereals
    • 4.3.2 Concerns on feed toxin contamination
    • 4.3.3 Scarcity of phosphorous-efficient formulations
    • 4.3.4 Stringent medication-carryover regulations
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Suppliers
    • 4.6.3 Bargaining Power of Buyers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Feed Type
    • 5.1.1 Pelleted Feed
    • 5.1.2 Textured (Sweet) Feed
    • 5.1.3 Complete Feed
    • 5.1.4 Concentrates and Supplements
  • 5.2 By Ingredient Type
    • 5.2.1 Cereal-based
    • 5.2.2 Protein Meals
    • 5.2.3 Fiber Additives
    • 5.2.4 Oils and Fats
  • 5.3 By Form
    • 5.3.1 Dry
    • 5.3.2 Cubes/Blocks
    • 5.3.3 Liquid/Mash
  • 5.4 By Horse Age Group
    • 5.4.1 Foal
    • 5.4.2 Yearling
    • 5.4.3 Adult
    • 5.4.4 Senior
  • 5.5 By Distribution Channel
    • 5.5.1 Offline Retail
    • 5.5.2 Online Retail
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Rest of North America
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Russia
    • 5.6.3.5 Rest of Europe
    • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 India
    • 5.6.4.4 Australia
    • 5.6.4.5 Rest of Asia-Pacific
    • 5.6.5 Middle East
    • 5.6.5.1 United Arab Emirates
    • 5.6.5.2 Saudi Arabia
    • 5.6.5.3 Rest of Middle East
    • 5.6.6 Africa
    • 5.6.6.1 South Africa
    • 5.6.6.2 Egypt
    • 5.6.6.3 Rest of Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Cargill Inc.
    • 6.4.2 Purina Mills LLC (Land O'Lakes Inc.)
    • 6.4.3 Archer-Daniels-Midland
    • 6.4.4 Kent Corporation
    • 6.4.5 Triple Crown Nutrition Inc
    • 6.4.6 Hygain Pty Ltd
    • 6.4.7 Ridley Corporation Ltd.
    • 6.4.8 Standlee Premium Products LLC
    • 6.4.9 Dengie Crops Ltd
    • 6.4.10 Dodson and Horrell Group Ltd.
    • 6.4.11 Baileys of High Fen Ltd
    • 6.4.12 Saracen Horse Feeds Ltd
    • 6.4.13 H.F. Rogers and Sons Inc.
    • 6.4.14 Cavalor NV

7. Market Opportunities and Future Outlook

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Global Compound Horse Feedstuff Market Report Scope

By Feed Type
Pelleted Feed
Textured (Sweet) Feed
Complete Feed
Concentrates and Supplements
By Ingredient Type
Cereal-based
Protein Meals
Fiber Additives
Oils and Fats
By Form
Dry
Cubes/Blocks
Liquid/Mash
By Horse Age Group
Foal
Yearling
Adult
Senior
By Distribution Channel
Offline Retail
Online Retail
By Geography
North America United States
Canada
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
Middle East United Arab Emirates
Saudi Arabia
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
By Feed Type Pelleted Feed
Textured (Sweet) Feed
Complete Feed
Concentrates and Supplements
By Ingredient Type Cereal-based
Protein Meals
Fiber Additives
Oils and Fats
By Form Dry
Cubes/Blocks
Liquid/Mash
By Horse Age Group Foal
Yearling
Adult
Senior
By Distribution Channel Offline Retail
Online Retail
By Geography North America United States
Canada
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
Middle East United Arab Emirates
Saudi Arabia
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
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Key Questions Answered in the Report

What is the current global value of the compound horse feedstuff market?

The compound horse feedstuff market size stood at USD 9.2 billion in 2025 and is forecast to reach USD 12.2 billion by 2030.

Which region will grow fastest in the coming years?

Asia-Pacific is projected to advance at an 8.8% CAGR through 2030 due to rising equestrian investment and therapy adoption.

Which feed type dominates sales?

Pelleted Feed led with 42.5% revenue share in 2024 due to uniform nutrition and labor efficiency.

How are online channels transforming distribution?

Online retail is expanding at an 11.7% CAGR by delivering subscription convenience and detailed usage analytics.

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