Cattle Feed And Feed Additives Market Size, Share, Growth Report 2030

Cattle Feed And Feed Additives Market

Cattle Feed And Feed Additives Market - By Product Type (Antibiotics, Vitamins, Antioxidants, Feed Enzymes, Amino Acid, and Feed Acidifier), By Animal Type (Young Ruminants and Mature Ruminants), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 28-Sep-2020 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-3117 Status : Published

Global Cattle Feed And Feed Additives market, which is set to accrue earnings worth approximately 36.55 (USD Billion) by 2026, is anticipated to register a CAGR of more than 7.5% over the period from 2020 to 2026.

Cattle Feed And Feed Additives Market

Cattle Feed And Feed Additives Market Size & Overview

The global Cattle Feed And Feed Additives market, which is set to accrue earnings worth approximately 36.55 (USD Billion) by 2026, is anticipated to register a CAGR of more than 7.5% over the period from 2020 to 2026. The report offers assessment and analysis of the Cattle Feed And Feed Additives market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Cattle feed and feed additives includes many kinds of compounds and molecules that helps in improving digestion, food absorption, growth, assimilation of nutrients, and health in cattle. Apparently, they bring an enhancement in physiological processes including reproduction and immunity. These products include prebiotics, feeding attractants, essential oils, acidifiers, immunostimulants, probiotics, and feeding attractants. In addition to this, surge in expansion of dairy sector across the globe will transform into massive growth of cattle feed and feed additives market in the years ahead.

Cattle Feed And Feed Additives Market Growth Drivers

Humungous consumer awareness pertaining to increasing safety and nutritive value of meat as well as milk will drive the market trends. Apart from this, massive concerns about many new diseases occurring in cattle will further enhance the product penetration across the globe over the ensuing years.  In addition to this, gradual shift from unorganized cattle farming to organized one will prompt the business growth. Breakthroughs in cattle farming techniques and need for improving the quantity as well as quality of meat & milk yield will encourage players for investing in research activities to develop new kinds of cattle feed & feed additives, thereby steering the market size. Massive intake of beef in the western countries due to high protein contents will result in lucrative demand for cattle feed & feed additives in the foreseeable future. Nonetheless, fluctuating raw material costs and strict government laws pertaining to the sale of the product will retard the expansion of the market over the years to come.

Asia Pacific Market To Witness Massive Increment Over Estimated Timespan

The expansion of the industry in the region over the projected timeline is owing to growing product demand for rising livestock populace. Apart from this, introduction of new practices like addition of urea to dietary fiber for enhancing digesting ability of cattle and need for improving flavor of cattle feed will drive the surge of regional market in the years to come. In addition to this, massive demand for meat in the countries like China, Japan, Australia, Thailand, New Zealand, and Indonesia will propel the elevation of industry landscape in the sub-continent over the coming decade.

Key participants profiled in the report include DSM; Alltech; Nutreco N.V.; AFB International; Evonik; DuPont; Kemin Industries Inc.; Archer Daniels Midland; and Cargill.

The global cattle feed and feed additives market is segmented as follows:

By product type:

  • Antioxidants
  • Vitamins
  • Antibiotics
  • Feed Enzymes
  • Feed Acidifier
  • Amino Acid

By animal type:

  • Young Ruminants
  • Mature Ruminants

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Humungous consumer awareness pertaining to increasing safety and nutritive value of meat as well as milk will drive the market trends. Apart from this, massive concerns about many new diseases occurring in cattle will further enhance the product penetration across the globe over the ensuing years.  In addition to this, gradual shift from unorganized cattle farming to organized one will prompt the business growth.

According to Zion Market Research Report, The global Cattle Feed And Feed Additives market, which is set to accrue earnings worth approximately 36.55 (USD Billion) by 2026, is anticipated to register a CAGR of more than 7.5% over the period from 2020 to 2026.

Asia Pacific region will contribute lucratively towards the global market earnings over the estimated timeline. The growth of the market in Asia Pacific over the forecast timespan is credited to burgeoning product demand for rising livestock populace in the countries of the region. Apart from this, introduction of new practices like addition of urea to dietary fiber for enhancing digesting ability of cattle and need for improving cattle feed flavor will drive the surge of regional market in the years to come.

The key market participants include Alltech; AFB International; Evonik; Kemin Industries Inc.; DSM; DuPont; Archer Daniels Midland; Nutreco N.V.; and Cargill. Breakthroughs in cattle farming techniques and need for improving the quantity as well as quality of meat & milk yield will encourage players for investing in research activities to develop new kinds of cattle feed & feed additives, thereby steering the market size.

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