Industry Overview - The United States is a major exporter of animal feed inputs like corn and soybean meal, but relies on imported micro ingredients [1] - Micro ingredients, including amino acids and vitamins, are crucial for animal muscle growth and organ function [1] Market Trends & Projections - Chemax estimates US feed demand could reach 275 million metric tons in 2025, growing at approximately 1% annually [2] - Demand is primarily driven by the poultry, dairy, and swine industries [2] Supply Chain & Pricing - The US is highly dependent on imports of many micro ingredients, with China as the primary supplier [2] - Pricing of feed supplement micro ingredients is volatile due to supply chain disruptions and shifting trade relationships [3] - Price changes in micro ingredients can significantly impact the overall cost of feed for US livestock producers [3] Strategic Implications - Reliable market intelligence and strategic planning are essential for the health and growth of US livestock [3]