Cattle Feed Market Trends, Growth, Industry & Revenue [2031]
Cattle Feed Market Trends, Growth, Industry & Revenue [2031]
Segments - Cattle Feed Market by Ingredients (Corn, Soybean Meal, Wheat, Oilseeds, Additives [Vitamins {Vitamin A, Vitamin B, Vitamin C, and Vitamin E}, Minerals, Amino Acids {Methionine, Lysine, Threonine, Tryptophan, and Others} Feed Antibiotics, Feed Acidifiers, Feed Enzymes {Phytase and Non-starch}, Antioxidants, and Others], and Others), Applications (Dairy, Beef, Calf, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028
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| Report ID :HC-2911
| 4.2 Rating
| 83 Reviews
| 187 Pages
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Report Description
The cattle feed market estimated to register a robust CAGR during the forecast period, between 2021 and 2028. Milk unions/ federations provide balanced feed for calves, which is composed of essential nutrients required for growth and body maintenance. Grain products, oil cakes and meals, bran, molasses, common salt, and minerals are used in the manufacturing process of cattle feed.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing demands for dairy-based products such as cheese, milk, and butter is estimated to propel the market growth.
- Release of funds by governmental bodies and organization toward the agricultural sector is financially aiding the cattle farmers with purchasing power for better cattle feeds.
- Rising consumption of meat derivatives is driving the market growth. For instance, KFC, the fast-chain restaurant, is now functioning in 135 countries with more than 22,000 restaurants globally. Thus, growing disposable income among the population has instigated dietary changes such as eating more protein and meat, fueling the growth of the market.
Scope of the report:
The report on cattle feed market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Cattle Feed Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast |
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Base Year |
2020 |
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Historic Data |
2018 & 2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Ingredients (Corn, Soybean Meal, Wheat, Oilseeds, Additives [Vitamins {Vitamin A, Vitamin B, Vitamin C, and Vitamin E}, Minerals, Amino Acids {Methionine, Lysine, Threonine, Tryptophan, and Others} Feed Antibiotics, Feed Acidifiers, Feed Enzymes {Phytase and Non-starch}, Antioxidants, and Others], and Others), Applications (Dairy, Beef, Calf, and Others) |
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Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
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Key Players Covered in the Report |
Applegate Livestock Equipment Inc, Provita Eurotech Ltd, Beijing Goke Agriculture Machinary Co. Ltd., J.R Simplot Company, Van Aarsen International, National Farms, V. H. Group, Royal DSM N.V., Caprock, BASF SE, ADM, and ContiBeef LLC. |
Market Segment Insights:
Additives segment is projected to hold significant market share
In the terms of ingredients, the cattle feed market can be divided into corn, soybean meal, wheat, oilseeds, additives, and others. The additives segment can be further divided into vitamins, minerals, amino acids, feed antibiotics, feed acidifiers, feed enzymes, antioxidants, and others. The vitamins segment can be further sub-segmented into vitamin A, vitamin B, vitamin C, and vitamin E. The amino acids segment can be segmented into methionine, lysine, threonine, tryptophan, and others. The feed enzymes segment can be further bifurcated into phytase and non-starch.
The additive segment is projected to hold a significant market share. These are manufactured and distributed by different participants in the form of premixes, through mills and distributors. These industry participants sell additives directly to the consumers by their brands or supply feed additives to integrated feed producers. With recurrent regulatory updates and rising R&D spending, the market is continually developing at a robust pace. However, the restriction on antibiotic use in developed economies of the US and Europe is estimated to open the market for alternative products, including amino acids, acidifiers, and enzymes.
Dairy segment is anticipated to account for a substantial share
Based on applications, the cattle feed market can be segmented into dairy, beef, calf, and others. The dairy segment is anticipated to account for a substantial share due to increasing demand for dairy and milk products in the emergent economies, thus resultant in the augmented industrialization of cattle rearing. The value of cattle and calf production in the US is rapidly growing due to high demand and rising competition in the market. Manufacturers are inclined towards product innovation and are offering customized products for dairy and beef applications.
North America is expected to dominate the market
In terms of regions, the cattle feed market is classified as Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America is expected to dominate the market. Growing meat consumption, mainly in the US coupled with stringent regulations regarding meat quality is expected to drive the regional market during the coming years. Furthermore, easy and plentiful availability of raw materials, such as maize and dextrose, in the region is expected to augment the market growth in the region. Emerging economies such as China and India are perceiving rapid growth in cattle inventory since the last decade due to a high population and a significant rise in meat consumption. This, in turn, has resulted in higher demand for cattle feed in Asia Pacific.
Segments
By Ingredients
- Corn
- Soybean Meal
- Wheat
- Oilseeds
- Additives
- Vitamins
- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin E
- Minerals
- Amino Acids
- Methionine
- Lysine
- Threonine
- Tryptophan
- Others
- Feed Antibiotics
- Feed Acidifiers
- Feed Enzymes
- Phytase
- Non-starch
- Antioxidants
- Others
- Vitamins
- Others
By Applications
- Dairy
- Beef
- Calf
- Others
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
By Key Players
- Applegate Livestock Equipment Inc
- Provita Eurotech Ltd
- Beijing Goke Agriculture Machinary Co. Ltd.
- J.R Simplot Company
- Van Aarsen International
- National Farms
- V. H. Group
- Royal DSM N.V.
- Caprock
- BASF SE
- ADM
- ContiBeef LLC
Competitive Landscape
Key players in the cattle feed market are Applegate Livestock Equipment Inc, Provita Eurotech Ltd, Beijing Goke Agriculture Machinary Co. Ltd., J.R Simplot Company, Van Aarsen International, National Farms, V. H. Group, Royal DSM N.V., Caprock, BASF SE, ADM, and ContiBeef LLC. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Cattle Feed Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cattle Feed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cattle Feed Market - Supply Chain
4.5. Global Cattle Feed Market Forecast
4.5.1. Cattle Feed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cattle Feed Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Cattle Feed Market Absolute $ Opportunity
5. Global Cattle Feed Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Cattle Feed Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Cattle Feed Demand Share Forecast, 2019-2026
6. North America Cattle Feed Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Cattle Feed Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Cattle Feed Demand Share Forecast, 2019-2026
7. Latin America Cattle Feed Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Cattle Feed Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Cattle Feed Demand Share Forecast, 2019-2026
8. Europe Cattle Feed Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Cattle Feed Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Cattle Feed Demand Share Forecast, 2019-2026
9. Asia Pacific Cattle Feed Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Cattle Feed Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Cattle Feed Demand Share Forecast, 2019-2026
10. Middle East & Africa Cattle Feed Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Cattle Feed Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Cattle Feed Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Cattle Feed Market: Market Share Analysis
11.2. Cattle Feed Distributors and Customers
11.3. Cattle Feed Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Applegate Livestock Equipment Inc
11.4.2. Provita Eurotech Ltd
11.4.3. Beijing Goke Agriculture Machinary Co. Ltd.
11.4.4. J.R Simplot Company
11.4.5. Van Aarsen International
11.4.6. National Farms
11.4.7. V. H. Group
Methodology
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