The Canada animal feed market is expected to grow during the 2024-2028 forecast period, driven by the increasing demand for meat and animal products, greater awareness of quality meat and milk products, and rising livestock production.

According to TechSci Research report, “Canada Animal Feed Market- Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Canada animal feeds market is anticipated to increase at a substantial rate in the forecast period. The growing population and rising disposable incomes have led to an increased demand for animal protein, including meat, milk, and eggs. The Canadian livestock industry, including dairy, poultry, swine, and beef, continues to expand. This expansion creates a higher demand for animal feeds to meet the nutritional requirements of livestock and promote their growth and productivity. It drives the demand for animal feeds to support the livestock industry.

Apart from this, there is a growing emphasis on animal health and welfare in Canada. Animal feed plays a crucial role in maintaining animal health, preventing diseases, and supporting overall well-being. Increased awareness about the importance of high-quality feed ingredients and balanced nutrition fuels the demand for premium animal feeds.

The Canadian government provides support and incentives to the agriculture sector, including livestock production. Policies and regulations that ensure the safety, quality, and traceability of animal feeds promote consumer confidence and drive market growth. There is an increasing focus on sustainable and environmentally friendly practices in agriculture and livestock production.

It includes the use of feed ingredients that have a lower environmental impact, such as alternative protein sources and reducing feed waste. The adoption of sustainable practices in animal feeds aligns with consumer preferences and contributes to Canada animal feeds market growth.

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Canada Animal Feed Market is segmented based on type, product, and region.

Based on type, the market is categorized into swine animal feed, poultry animal feed, ruminant feed, aquatic feed, and others. The swine animal feed segment is expected to hold the largest market share in the forecast period owing to the high consumption of pork and pork products in Canada. According to Statistics Canada, in 2020, the total pork production in Canada was 4.6 million tonnes, up by 1.3% from 2019. Pork exports increased by 8.1% to reach 1.4 million tonnes, mainly to China, Japan, and the United States. To meet this rising demand, swine farmers need to provide adequate nutrition and health care to their animals, which boosts the demand for swine animal feed.

Based on the product, the market is categorized into fodder, forage, and others.  The fodder segment is expected to hold the largest market share in the forecast period because of its high demand from the livestock sector. Livestock animals, such as cattle, sheep, goats, and horses, require fodder-type feed to maintain their health and productivity. Fodder-type feed is more economical and sustainable than other types of feed, such as concentrates and supplements. Fodder-type feed can be produced locally and reduces the dependency on imported feed ingredients. Therefore, fodder-type feed is a key component of the Canada animal feed market.

Major companies operating in the Canada animal feeds market are:

  • Alltech. Canada
  • Cargill, Incorporated (Agribrands Purina Canada Inc.)
  • Kemin Industries, Inc.
  • Archer Daniels Midland Company
  • Hi-Pro Feeds Inc.
  • Floradale Feed Mill Limited
  • Prorec Inc.
  • Nadlex Canada Inc.
  • Canadian Organic Feeds Ltd
  • Wilfrid Major Ltd.

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“Government policies have a significant impact on the animal feed market in Canada, influencing the demand for animal feed, the types of feed ingredients used, and the market structure. The animal feed market is closely tied to the broader agriculture and livestock industries, and government policies related to these industries play a critical role in shaping the market.

Government support and incentives for the agriculture sector, including livestock production, can lead to increased investment and expansion of the industry, which drives demand for animal feed. Policies and regulations that ensure the safety, quality, and traceability of animal feed ingredients promote consumer confidence and drive market growth.

In addition, government policies related to animal health and welfare can impact the animal feed market. Policies that promote the use of high-quality feed ingredients and balanced nutrition support animal health, prevent diseases and contribute to overall well-being. Also, regulations related to the use of antibiotics and other feed additives impact the animal feed market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Canada Animal Feed Market By Type (Swine Animal Feed, Poultry Animal Feed, Ruminant Feed, Aquatic Feed, and Others), By Product (Fodder, Forage, and Others), By Region, Competition, Forecast and Opportunity, 2028F”, has evaluated the future growth potential of Canada animal feed market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Canada animal feed market.”

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