2020 Iowa Pork Economic Contribution Study
The animal feed and pet food manufacturing industry is an important economic driver to the U.S. economy. In 2023, animal feed and pet food manufacturers are estimated to contribute the following directly to the national economy:
- $18.8 billion in value added, including $6.9 billion in labor income
- 80,344 jobs
- $85.2 billion in output (sales)
- $3.7 billion in local, state, and federal taxes
Through business purchases from and employee spending on other industries, the estimated 5,124 animal feed mills and 523 pet food facilities in the U.S. have a large impact on the rest of the economy. Including indirect and induced effects, the estimated total contribution of the U.S. animal feed and pet food manufacturing industries is:
- $98.4 billion in value added, including $55.0 billion in labor income
- 759,596 jobs
- $267.1 billion in output
- $18.5 billion in local, state, and federal taxes