Key Market Indicators
American animal feed exports are projected to reach nearly 1.7 billion kilograms by 2028, up from approximately 1.6 billion kilograms in 2023. This represents a compound annual growth rate (CAGR) of 1.2%. Since 1996, the supply of animal feed from the United States has seen a steady year-on-year increase of 1.7%. On the import side, the U.S. is expected to bring in around 448 million kilograms of animal feed by 2028, rising from about 426 million kilograms in 2023. This marks an average annual growth rate of 0.8%. Since 1996, the demand for imported animal feed in the U.S. has grown consistently at a rate of 1.7% per year.