Global Cattle Feed and Feed Additives Market, By Application (Dairy, Beef, Calf), Ingredients (Corn, Soymeal, Wheat, Other Oilseeds and Grains), Type (Vitamins, Minerals, Amino Acids, Enzymes, Acidifiers, Antibiotics and Antioxidants) – Industry Trends and Forecast to 2029.
Cattle Feed and Feed Additives Market Analysis and Size
Large manufacturers in the animal feed additives market are attempting to obtain certifications from world-renowned agencies in charge of ensuring animal safety and food quality. Companies that obtain these certifications may improve the quality and standards of their products, as well as increase their acceptability rate in various regional marketplaces.
Data Bridge Market Research analyses that cattle feed and feed additives market was valued at USD 69.43 billion in 2021 and is expected to reach the value of USD 92.85 billion by 2029, at a CAGR of 3.70% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cattle Feed and Feed Additives Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Dairy, Beef, Calf), Ingredients (Corn, Soymeal, Wheat, Other Oilseeds and Grains), Type (Vitamins, Minerals, Amino Acids, Enzymes, Acidifiers, Antibiotics and Antioxidants)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Market Players Covered
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Dow (U.S.), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (U.S.), Alltech (U.S.), Associated British Foods plc (U.K.), Charoen Pokphand Foods PCL (Thailand), Cargill, Incorporated (U.S.), Nutreco (Netherlands), ForFarmers. (Netherlands), De Heus Animal Nutrition (Netherlands), Land O'Lakes (U.S.), Kent Nutrition Group (U.S.), J. D. HEISKELL & CO. (U.S.), Perdue Farms (U.S.), SunOpta (Canada), Scratch and Peck Feeds (U.S.), De Heus Animal Nutrition (Netherlands), MEGAMIX (Russia).
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Opportunities
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Market Definition
Feed additives are nutritional supplements that are added to animal-derived products such as meat, milk, eggs, and so on. Feed additives are typically composed of vitamins, minerals, amino acids, and other essential nutrients that promote animal health and disease prevention. Sensory additives that stimulate the animal's appetite, nutritional additives that provide a specific nutrient to the animal, zoo technical additives that maintain the overall nutritional balance in the animal's diet, and coccidiostats that release antibiotics killing any form of bacteria in the animal's system are the most common types of feed additives administered to animal food.
Global Cattle Feed and Feed Additives Market Dynamics
Drivers
- Nutritional benefits
The compound cattle feed and feed additives not only improves performance and meets cattle’s' daily needs, but it also protects them from muscular disorders such as laminitis and azoturia. Even without a gallbladder, cattle’s require dietary fats to perform well. Cattles can digest dietary fats, which have nutritional benefits such as increased vitamin absorption, omega-6 and omega-3 fatty acids, and so on. The growing demand for comprehensive cattle nutrition is driving the demand for cattle feed and feed additive market.
- Expansion of dairy and airy products industry
The cattle feed and feed additives industry is rapidly expanding as milk producers begin to replace traditional cattle feed and feed additives with more nutritionally balanced compound feed, realising the tangible benefits of nutritional feed in terms of yield improvement. Furthermore, population growth and rising living standards, the livestock industry has been forced to adapt and expand in order to meet society's expectations by providing nutritious animal feed to livestock animals. As a result, this factor benefits the growth of the cattle feed and feed additives market.
Opportunity
- Precision Nutrition
The increased emphasis on precision nutrition may provide an opportunity to accelerate market growth. Cattle Feed and Feed Additives market growth may be boosted by investments and funds made by government authorities and organisations in the agriculture sector.
Restraints
- Volatility in prices
Volatility in the prices of raw material along with stringent regulatory policies which will likely to inhibit the growth of the Cattle Feed and Feed Additives market in the above mentioned forecast period. Monitoring mycotoxin contamination will become the foremost challenge in the market growth.
This cattle feed and feed additives market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cattle feed and feed additives Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Cattle Feed and Feed Additives Market
The looming coronavirus pandemic has had a negative impact on the cattle feed and feed additives market. The coronavirus pandemic is to blame for food supply chain disruptions. Feed additives are primarily used to improve feed quality and production. People's growing health consciousness and food consciousness create a demand for high-quality animal-based food products. With the number of COVID-19 cases decreasing around the world, manufacturers in the animal feed additives market are focusing on implementing novel strategies to stay financially afloat. Market participants are effortlessly contributing to the establishment of their businesses in order to keep the economies running in the face of the ongoing pandemic. Market participants are investing in livestock farming in order to increase production of animal-based products.
Recent Development
- In November 2021 ADM will open its new animal nutrition laboratory in Rolle, Switzerland, in the heart of the Swiss Food & Nutrition Valley. The new lab will aid in the development of science-based feed additives to meet the needs of pet food, aquaculture, and livestock species around the world.
- In November 2021 De Heus Vietnam signed a strategic agreement with Masan, after which De Heus obtained complete control of MNS Feed's feed-related business. MNS Feed's feed business includes thirteen animal feed mills with a total production capacity of nearly 4 million tonnes, bolstering De Heus' position in Southeast Asia's largest animal feed market.
- In October 2021 Royal DSM will open its new Analytical Center of Excellence in Tulln, Lower Austria,. The facilities will be used to conduct nutritional analyses, which will serve as the foundation for farmers to drastically improve livestock nutrition, health, and sustainability.
Global Cattle Feed and Feed Additives Market Scope
Cattle feed and feed additives market is segmented on the basis of application, ingredients and type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Dairy
- Beef
- Calf
Ingredients
- Corn
- Soymeal
- Wheat
- Other Oilseeds and Grains
Additives
- Vitamins
- Minerals
- Amino Acids
- Acidifiers
- Antibiotics and Antioxidants
- Enzymes
Cattle Feed and Feed Additives Market Regional Analysis/Insights
Cattle feed and feed additives market is analysed and market size insights and trends are provided by country, application, ingredients and type as referenced above.
The countries covered in the cattle feed and feed additives market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North American region has a large number of market shares because of increased human population, rising per capita incomes, switching technologies, availability of new practises like urea, addition to roughage to increase digestibility within cattle, and varying tastes which increases demand for the market growth of the cattle feed and feed additives Market.
Asia-Pacific is widely recognized as highest growing region in terms of cattle feed and feed additives market share. Dairy products have gained traction in Asian countries as a result of increased demand of dairy products. Some key macroeconomic factors, such as increase in per-capita income, also contribute significantly to the overall growth of the cattle feed and feed additives market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cattle Feed and Feed Additives Market Share Analysis
Cattle feed and feed additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cattle feed and feed additives Market.
Some of the major players operating in cattle feed and feed additives market are:
- Cargill, Incorporated (U.S.)
- Dow (U.S.)
- BASF SE (Germany)
- Chr. Hansen Holding A/S (Denmark)
- DSM (Netherlands)
- DuPont (U.S.)
- Evonik Industries AG (Germany)
- NOVUS INTERNATIONAL (U.S.)
- Alltech (U.S.)
- Associated British Foods plc (UK)
- Charoen Pokphand Foods PCL (Thailand)
- Nutreco (Netherlands)
- ForFarmers. (Netherlands)
- De Heus Animal Nutrition (Netherlands)
- Land O'Lakes (U.S.)
- Kent Nutrition Group (U.S.)
- J. D. HEISKELL & CO. (U.S.)
- Perdue Farms (U.S.)
- SunOpta (Canada)
- Scratch Peck Feeds (U.S.)
- De Heus Animal Nutrition (Netherlands)
- MEGAMIX (Russia)
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