In 2023, the sales of animal and marine feed and fertilizer by-products in the US stood at $3.461 billion. The forecast for 2024 to 2028 indicates a steady incremental increase in sales value from $3.479 billion to $3.548 billion, showcasing a gradual year-on-year growth rate of approximately 0.5% throughout this period. The compound annual growth rate (CAGR) highlights a consistent expansion, averaging around 0.5% per year over the five-year forecast period from 2024 to 2028.

Future trends to watch for include:

Increased demand for sustainable and eco-friendly feed and fertilizer options.
Impact of regulatory changes on product formulations and market growth.
Technological advancements in production and distribution impacting efficiency and cost.