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, 2024-2028

Canada animal feed market is anticipated to grow significantly through 2028, due to the increasing demand for meat and animal products, increased awareness regarding quality meat and milk products, rising livestock production, international trade opportunities, and technological advancements.

In 2021, it is estimated that Canadian livestock consumed approx. 28.9 million tons of feeds excluding forages. Apart from these, Around 19.3 million tons of feed was provided by commercial mills across Canada.

Increased livestock production is a major driver of the Canada animal feed market. The government of Canada is promoting livestock production through various initiatives, such as providing financial assistance to farmers and promoting the use of improved livestock breeds. This is leading to an increase in the demand for animal feed in Canada.

Increasing Demand for Meat and Animal Products is Driving the Canada Animal feed Market Growth

There were almost 9,739 numbers of dairy farms in Canada till August 1, 2022, which shelter approx. 1.3919 million dairy cows and heifers’ population.

As economies develop, dietary preferences often shift towards protein-rich diets that include meat and animal products. Canada is no exception, with a population that has a growing appetite for meat. This change in dietary patterns leads to increased demand for livestock and, consequently, for animal feed to support the rearing and production of these animals. Canada is a major exporter of meat and animal products. The country has established trade relationships with various nations, leading to increased export opportunities. To meet the export demands, Canadian livestock producers need to ensure the quality, health, and productivity of their animals. High-quality animal feed plays a crucial role in achieving these goals, further driving the demand for animal feed in Canada.

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In 2022, imports of dairy products totaled 239,110,284 kg amounted to USD 1,358.15 million and exports reached 151,673,294 kg which valued to be USD 508.95 million.

Rising Livestock Production is a Driving Force Behind the Expansion of Canada Animal Feed Market

The growth of livestock production in Canada directly correlates with an increase in the animal population. As the number of animals raised for meat, dairy, and other animal products rises, the demand for animal feed increases. It is because animal feed is essential for providing the necessary nutrients and sustenance to support the health, growth and productivity of livestock. Canada has a diverse livestock industry, encompassing sectors such as beef, poultry, pork, dairy, and aquaculture. Each sector has specific nutritional requirements for its respective animal species. The expansion of these sectors leads to increased demand for specialized animal feed tailored to meet the specific needs of different livestock categories. Consequently, the diversification of livestock sectors, drives the growth of the Canada animal feed market.

The intensification of livestock farming involves maximizing output and efficiency within the industry. Farmers and producers are adopting modern farming practices, including better genetics, improved housing systems, and advanced feeding techniques. Intensification requires a focus on animal nutrition and feed management to optimize productivity. As a result, there is a greater demand for high-quality animal feed products that provide the necessary nutrients to support animal health, growth, and performance. Improving feed efficiency is a key goal for livestock producers. Efficient feed conversion helps maximize productivity, reduce costs, and minimize environmental impact. To achieve improved feed efficiency, farmers and producers rely on advanced animal feed formulations and feed additives that enhance nutrient utilization and digestion. The pursuit of enhanced feed efficiency drives the demand for specialized feed products, driving market growth.

In 2020, the annual global export of animal feeds and feed ingredients created approximately USD 2.4 billion in revenue

Technological advancements in animal nutrition research and feed formulation contribute to the expansion of the animal feed market. Ongoing research and development efforts lead to the development of innovative feed products, additives, and supplements. These advancements offer improved nutritional profiles, feed efficiency, and animal health benefits. Farmers and producers, eager to adopt the latest technological advancements, drive the demand for these advanced feed solutions. The well-being of livestock is a priority for the livestock industry in Canada. Proper nutrition plays a vital role in ensuring animal health and welfare. As awareness and understanding of animal welfare increase, farmers and producers prioritize the use of high-quality animal feed that supports the overall health, immune function, and well-being of their livestock. This focus on animal health and welfare drives the demand for specialized and nutritionally balanced animal feed. Therefore, all the above-mentioned factors are expected to propel the demand for animal feed in Canada in the forecasted period.

Supportive Government Policy is a Key Factor Driving the Canada Animal Feed Market Growth

Supportive government policies play a crucial role in driving the growth of the animal feed market in Canada. By establishing regulations, supporting research and development, promoting sustainability, and providing financial assistance, the government creates an enabling environment that encourages investment, innovation, and market expansion in the animal feed sector.

Regulations such as “The Feeds Act” and “Health of Animals Act” controlled by the Canadian Food Inspection Agency (CFIA), ensure feed safety, quality control, and environmental sustainability.

For instance, the California Department of Food and Agriculture (CDFA) CDFA Grant Programs for Farmers, NSERC/SSHRC Sustainable agriculture research initiative, and others

The government's agricultural and trade policies have a significant impact on the animal feed market. Trade agreements and market access initiatives facilitate the export of Canadian animal feed and feed ingredients, creating opportunities for feed manufacturers and suppliers for instance, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Comprehensive Economic and Trade Agreement (CETA) with Europe, Canada-ASEAN Free Trade Agreement, and others. Additionally, agricultural policies that support livestock farming and animal production indirectly boost the demand for animal feed, as a thriving livestock industry requires adequate feed supply.

Governments increasingly emphasize sustainability in the agricultural sector, including animal feed production. Policies promoting sustainable farming practices, environmental conservation, and reduced use of antibiotics and growth hormones have a direct impact on the animal feed market. Farmers and producers are encouraged to adopt sustainable feed practices, which may involve the use of alternative feed ingredients, improved feed efficiency, and reduced environmental impact.

Governments often collaborate with industry associations, research institutions, and stakeholders to develop and implement policies that benefit the animal feed industry under Genome Canada's Genomic Applications Partnership Program (GAPP), and another program. These collaborations foster knowledge exchange, provide technical expertise, and facilitate industry-wide initiatives. By working together, the government and industry stakeholders can address challenges, drive innovation, and create a favorable environment for the growth of the animal feed market.

Market Segmentation

Canada animal feed market

Company Profiles

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, and Wilfrid Major Ltd. are some of the key players in Canada animal feed market.