Cattle Feeds Market Trends, Growth Drivers, Forecast To 2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Cattle Feeds Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Cattle Feeds Global Market Report 2024, The cattle feeds  market size has grown strongly in recent years. It will grow from $65.44 billion in 2023 to $70.18 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%.  The  growth in the historic period can be attributed to green revolution, expansion of intensive livestock farming, globalization and trade liberalization, disease management in livestock, environmental concerns and sustainable practices.The cattle feeds  market size is expected to see strongly grown in the next few years. It will grow to $90.89 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.

The increase in government subsidies for cattle is significantly contributing to the growth of the cattle feed market. Governments worldwide are enhancing subsidies for cattle rearing due to the rising importance of cattle-derived products such as meat, milk, and eggs. These subsidies enable farmers to access higher-quality cattle feed, providing better nutrition and care for their animals. For example, in 2022, the Indian government launched the National Livestock Mission (NLM) to bolster the animal husbandry sector. This initiative provides loans and subsidies, including a subsidy of up to 50%, along with loan facilities to livestock farmers, Self-Help Groups (SHGs), Farmer Producer Organizations (FPOs), and companies. Therefore, the increase in government subsidies for cattle is driving growth in the cattle feed market.

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The cattle feeds market covered in this report is segmented –
1) By Ingredients: Cereals, Cakes and Mixes, Food Wastages, Feed Additives
2) By Cattle Type: Beef Cattle, Dairy Cattle, Calves
3) By Distribution Channel: Offline, Online

Top Major Players
Archer-Daniels-Midland Company,

BASF SE,

Cargill Incorporated,

Kemin Industries Inc.,

Land O’Lakes Inc.

The cattle feeds market report table of contents includes:
          1. Executive Summary

2. Cattle Feeds Market Characteristics
3. Cattle Feeds Market Trends And Strategies
4. Cattle Feeds Market – Macro Economic Scenario
5. Global Cattle Feeds Market Size and Growth
6. Cattle Feeds Market Segmentation
7. Cattle Feeds Market Regional And Country Analysis

……….

33. Key Mergers And Acquisitions In The Cattle Feeds Market
34. Cattle Feeds Market Future Outlook and Potential Analysis
35. Appendix

    List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Cattle Feeds Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Cattle Feeds Market, Segmentation By Cattle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Cattle Feeds Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

………….

Table 74: Archer-Daniels-Midland Company Financial Performance

Table 75: BASF SE Financial Performance

Table 76: Cargill Incorporated Financial Performance

Table 77: Kemin Industries Inc. Financial Performance

Table 78: Land O’Lakes Inc. Financial Performance 

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