North America Animal Nutrition Market is expected to grow with the CAGR of 5.6% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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North America animal nutrition market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in North America animal nutrition market are introducing strong range of animal feed products and adopting strategic initiative such as acquisition, innovation into the market. This helped companies to maximize the sales with enhanced services portfolio.
For instance,
- In October 2021, BASF SE launched trinamiX mobile Near Infrared (NIR) spectroscopy solution to the feed industry. This mobile solution provides customers across the entire value chain with a fast and reliable on-site analysis of animal feed and ingredients. This helped the company to attract more customers as the customers no longer need to send the samples to the laboratory for testing instead, they can use this mobile solution.
DSM is the dominating player in the North America animal nutrition market. The other players in this market are Cargill, Incorporated, DSM, Kemin Industries, Inc., Alltech, Phibro Animal Health Corporation, Mercer Milling Company, Inc., Rossari Biotech Limited, ADM, Advanced Enzyme Technologies, Zoetis, Glanbia plc, DuPont (IFF Nutrition & Biosciences), Zinpro Corp., NOVUS INTERNATIONAL, BENEO, Bluestar Adisseo Co., Ltd., Balchem Inc., Vetoquinol S.A., Novozymes, EW Nutrition, BASF SE, Chr. Hansen Holding A/S, Brenntag Latvia, SIA, and azelis, among others.
DSM
DSM is headquartered in Maastricht, the Netherlands and was founded in 1902. The company focuses on producing and manufacturing wide range of nutritional, pharmaceutical ingredients, and industrial chemicals. The various products of the company include Animal Feed, Dietary Supplements, Early Life Nutrition, Food & Beverage, Personal Care
Automotive, Electrical & Electronics out of which animal feed is the market focused category.
For instance;
- In September 2021, DSM created separate animal nutrition and health division to focus on products for animal products in sustainable way. The new unit incorporates products such as carotenoids and vitamins. This development helped the company to focus on animal health and provide best solutions and also in gaining more revenue.
The company has wide presence across Europe, North America, Asia, Middle East and Africa, Latin America.
Phibro Animal Health Corporation
Phibro Animal Health Corporation is headquartered in New Jersey, U.S. and was founded in the year 1946. The company is focused on offering healthy and affordable food supply for animals to help farmers raise animal responsibly. The various products of the company include Beef Cattle, Swine, Poultry, Dairy Cattle, Aqua, Mineral Nutrition, Plant Nutrition, Ethanol, Performance Products, pHi-Tech, MVP adjuvants, OmniGen, Animate, Autogenous vaccines, AB20 out of which mineral nutrition is the market focused category.
The company has wide presence across Europe, North America, Asia-Pacific, Middle East and Africa, Latin America.
Cargill, Incorporated
Cargill, Incorporated is headquartered in U.S & was founded in 1870. The company focuses on producing food, agricultural, animal nutrition, financial and industrial products in safe and sustainable way. The company has different product categories such as Agriculture, Animal Nutrition, Beauty, Bioindustrial, Carbon Solutions, Foodservices, Food & Beverage, Industrial, Pharmaceutical, Meat and Poultry, Transportation, Risk Management out of which Animal Nutrition is the market focused category.
For instance.
- In September 2019, Cargill, Incorporated revamped its animal-nutrition unit and created new business group called Cargill Health Technologies, which focuses on digestive health and immunology of farm animal. This reorganisation helped the company to grow the business of animal nutrition by responding to growing concerns among consumers and farmers over animal health and wellness.
The company has presence in Europe, Middle East and Africa, Asia-Pacific, Latin America, North America.
