Market Share of North America Ruminant Feed Industry
The North America ruminant feed market is fragmented with some feed manufacturers, while the rest of the market is divided among small companies, mostly the feed mills. Major investments are done by companies in their domestic markets to cater to the local demand. Expansion is the second-most preferred growth strategy, followed by investment, in the North America ruminant feed market. In addition to this, various companies are also enhancing the production capacities of their existing plants. Cargill, Incorporated., Lallemand Inc., Trow Nutrition, ADM Animal Nutrition, and BIOMIN America Inc. are some of the leading players in the market. In 2017, Nutreco NV (a Netherland-based animal nutrition manufacturer) acquired Hi-Pro Feeds which is an animal nutrition supplier, supplying specialty feeds, premixes, concentrates, and commodity ingredients, especially in Western Canada and the Southwest United States. This acquisition has not only expanded Nutreco's presence in the country but also has broadened its consumer base.
North America Ruminant Feed Market Leaders
Cargill, Incorporated.
Lallemand Inc.
Trow Nutrition
ADM Animal Nutrition
BIOMIN America Inc
*Disclaimer: Major Players sorted in no particular order
