According to Stratistics MRC, the Global Cattle Feed Market is accounted for $78.17 billion in 2020 and is expected to reach $111.16 billion by 2028 growing at a CAGR of 4.5% during the forecast period. Rise in consumer awareness about the safety of meat and milk products, and rising R&D spending are the major factors propelling the market growth. However, restriction on antibiotic use in developed economies is hampering the market growth.
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By geography, North America is going to have a lucrative growth during the forecast period due to the easy and abundant availability of raw materials, such as maize and dextrose, in the region is expected to augment the market growth. Growing meat consumption, mainly in the U.S., coupled with stringent regulations regarding meat quality, is expected to drive the regional market over the forecast years.
Some of the key players profiled in the Cattle Feed Market include BASF SE, Biomin Holding GmbH, DSM, DE HEUS. ALL, Cargill, Incorporated, United Farmers Cooperative, ADM Animal Nutrition, Godrej Agrovet Ltd., Kemin Industries, Inc., Farmer’s Grain Company, Land O’Lakes, Inc., Nutreco, Provita Eurotech Ltd, and Van Aarsen International.
Ingredients Covered:
• Corn
• Oilseeds
• Additives
• Brans
• Cereals & Grains
• Protein Meals/Cakes
• Food Wastages
• Agro-industrial by-products
Animal Types Covered:
• Young Ruminants
• Mature Ruminants
Distribution Channels Covered:
• Offline
• Online
Applications Covered:
• Beef
• Dairy
• Calves
• Other Applications
End Users Covered:
• Feed
• Fodder
• Agro-Based
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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