Global Cattle Feed Market, By Ingredient Type (Protein Meals/Cakes, Cereals and Grains, Brans, Additives, Agro-Industrial By-Products, Others), Additives (Vitamins, Trace Minerals, Amino Acids, Feed Antibiotics, Feed Acidifiers, Feed Enzymes, Antioxidants, Binders, Antimicrobials, Other Additives), Application (Beef Cattle, Dairy Cattle, Calves, Others), End-User (Feed, Fodder, Agro-Based, Others), Animal Type (Mature Ruminants, Young Ruminants) – Industry Trends and Forecast to 2029
Cattle Feed Market Analysis and Size
Due to the growing concerns about animal nutrition, the animal feed industry has grown tremendously over the years. As different animal types have different nutritional needs, feeds often differ from one another. Compound cattle feedstuff is one of the most important types of cattle feed for a cattle's overall health. As a result, the global compound cattle feedstuff market is expected to grow at a rapid pace during the forecast period of 2022-2029.
Data Bridge Market Research analyses that cattle feed market was valued at USD 80.73 million in 2021 and is expected to reach the value of USD 117.47 million by 2029, at a CAGR of 4.80% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.
Cattle Feed Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Ingredient Type (Protein Meals/Cakes, Cereals and Grains, Brans, Additives, Agro-Industrial By-Products, Others), Additives (Vitamins, Trace Minerals, Amino Acids, Feed Antibiotics, Feed Acidifiers, Feed Enzymes, Antioxidants, Binders, Antimicrobials, Other Additives), Application (Beef Cattle, Dairy Cattle, Calves, Others), End-User (Feed, Fodder, Agro-Based, Others), Animal Type (Mature Ruminants, Young Ruminants)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
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), 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), Agrofeed (Hungary)
|
|
Opportunities
|
|
Market Definition
Cattles are domesticated quadrupeds that are kept as pets or raised for farm or ranch use. Cattle feed contains protein, energy, minerals, and vitamins that animals require for growth, maintenance, and milk production. Only commercial cattle feed has been considered for the purposes of this report.
Cattle Feed Market Dynamics
Drivers
- The health benefits associated with cattle feed
The compound cattle feed 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 feedstuff.
- Growing dairy industry and high demand for animal based products
The cattle feed industry is rapidly expanding as milk producers begin to replace traditional cattle feed 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 market.
Opportunity
The increased emphasis on precision nutrition may provide an opportunity to accelerate market growth. Cattle feed market growth may be boosted by investments and funds made by government authorities and organisations in the agriculture sector.
Restraints
Volatility in the prices of raw material along with stringent regulatory policies which will likely to inhibit the growth of the cattle feed market in the above mentioned forecast period. Monitoring mycotoxin contamination will become the foremost challenge in the market growth.
This cattle feed 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 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 Cattle Feed Market
Most countries have imposed lockdown or transportation restrictions, which have a negative impact on production due to lower labour footfall. Furthermore, the lockdown caused by consumer panic-buying has contributed to an increase in pet food sales and production. This pattern, however, is not expected to continue after the lockdown, and it will have an impact on manufacturing, retail, and other industries. In these times of crisis, feed producers and suppliers are doing everything possible to ensure that feed is available to all processing animals while adhering to protocols to protect their employees from COVID-19 and maintain productivity.
Recent Development
- ADM will open its new animal nutrition laboratory in Rolle, Switzerland, in November 2021, 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.
- De Heus Vietnam signed a strategic agreement with Masan in November 2021, 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.
- Royal DSM will open its new Analytical Center of Excellence in Tulln, Lower Austria, in October 2021. 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 Market Scope
Cattle feed market is segmented on the basis of ingredient type, additives, application, end-user, and animal 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.
Animal type
- Young ruminants
- Mature ruminants
Ingredients type
- Protein Meals/Cakes
- Rapeseed meal
- Soybean meal
- Groundnut meal
- Coconut meal
- Linseed cake
- Maize germ oil cake
- Palm kernel meal
- Sunflower meal
- Cereals and Grains
- Maize
- Sorghum
- Wheat
- Rice
- Oats
- Barley
- Others
- Brans
- Wheat bran
- Rice bran
- Maize bran
- Others
- Additives
- Agro-Industrial By-Products
- Molasses
- Mango kernel powder
- Tapioca waste
- Others
- Others
Additives
- Vitamins
- Trace Minerals
- Calcite powder
- Common salt
- Di-calcium phosphate
- Others
- Amino Acids
- Feed Antibiotics
- Feed Acidifiers
- Feed Enzymes
- Antioxidants
- Binders
- Antimicrobials
- Other Additives
Application
- Beef Cattle
- Feeding operations
- Backgrounding
- Feedlot
- Gender
- Beef cows and heifers
- Steers
- Dairy Cattle
- Heifers
- Dairy cow
- Calves
- Calf
- Weaners
- Others
End user
- Feed
- Fodder
- Agro-based
- Others
Cattle Feed Market Regional Analysis/Insights
Cattle feed market is analysed and market size insights and trends are provided by country, ingredient type, additives, application, end-user, and animal type as referenced above.
The countries covered in the cattle feed market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is widely recognized as the dominant region in terms of cattle feed market share. Dairy products have gained traction in Asian countries as a result of increased demand from vegan consumers. Some key macroeconomic factors, such as an increase in social media usage and an increase in per-capita income, also contribute significantly to the overall growth of the cattle feed 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 Market Share Analysis
Cattle feed 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 market.
Some of the major players operating in cattle feed 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 (U.K.)
- 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)
- Agrofeed (Hungary)
SKU-