Market Size of North America Feed Pelletizing Agent Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.70 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Feed Pelletizing Agent Market Analysis
The North America Feed Pelletizing Agent market is estimated to register a CAGR of 3.5% during the forecast period (2020-2025). The Feed Pelletizing Agent market is mainly driven by the advantages of pelleted feed such as higher feed intake and weight gain of animals. The market is further expanded with more evidence of the enhanced performance of animals due to pelleted feed. Moreover, the ease of handling and transportation of feed pellets is another reason for the growing popularity of feed pelletizing agents. The poultry segment is the largest consumer in the market studied, and the present trend of consolidation and backward integration of poultry processors is expected to maintain a steady demand for feed pelletizing agent market in North America, during the forecast period
