What are the latest figures on the cattle feeds market’s size and projected CAGR?
The cattle feeds market size has grown strongly in recent years. It will grow from $85.87 billion in 2024 to $93.3 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. 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 strong growth in the next few years. It will grow to $131.81 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to precision livestock farming, alternative protein sources, genomic selection for livestock breeding, climate-smart feeding strategies, regulatory changes, and antibiotic reduction. Major trends in the forecast period include digitalization in supply chain management, research and development in animal nutrition, biotechnology in feed formulation, consumer demand for ethical and sustainable feeds, and localized sourcing of feed ingredients.
Get Your Free Sample of The Global Cattle Feeds Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5724&type=smp
Which Market drivers have played a significant role in driving the cattle feeds market?
An increase in government subsidies for cattle is significantly contributing to the growth of the cattle feeds market. Governments all over the world have increased subsidies for cattle rustling because of the growing importance of cattle meat and products like milk, and eggs. These government subsidies allow farmers to obtain better quality cattle feed for their animals and offer better nutrition and care. For instance, in 2022, the government of India launched the National Livestock Mission (NLM) to develop the animal husbandry sector. The scheme offers loans and subsidies, including up to 50% subsidy, a loan facility to livestock farmers, SHGs, FPOs, and companies. Therefore, an increase in government subsidies for cattle drives the cattle feeding market.
What are the key segments within the cattle feeds market?
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
Subsegments:
1) By Cereals: Corn, Barley, Wheat, Oats
2) By Cakes And Mixes: Soybean Cake, Sunflower Cake, Peanut Cake, Mixed Feed Rations
3) By Food Wastages: Fruit And Vegetable Waste, Grains And By-products, Bakery By-products
4) By Feed Additives: Vitamins And Minerals, Probiotics, Enzymes, Preservatives
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/cattle-feed-global-market-report
Which key players are shaping the cattle feeds market?
Major companies operating in the cattle feeds market include Archer-Daniels-Midland Company, BASF SE, Cargill Incorporated, Kemin Industries Inc., Land O’Lakes Inc., Nutreco N.V., Godrej Agrovet Limited, Farmer’s Grain Company, Biomin Holding GmbH, United Farmers Cooperative, De Heus Voeders B.V., Charoen Pokphand Group, New Hope Group Co. Ltd., Kent Corporation, Tyson Foods Inc., Alltech Inc., Purina Animal Nutrition LLC, J.D. Heiskell & Co., Ridley Corporation Limited, Hallway Feeds Inc., Westway Feed Products LLC, Hi-Pro Feeds LP, Bartlett Milling Company L.P., New-Life Mills Ltd., Mercer Milling Company Inc., Feed Energy Company, The Mosaic Company, Southern States Cooperative Inc., Diamond V Mills Inc., Hubbard Feeds Inc., Furst-McNess Company LLC, Ranch-Way Feeds, Lakeland Feed and Supply Inc., Gilman Co-Operative Creamery Association, Bagdad Roller Mills Inc.
What are the top industry trends projected to impact the cattle feeds market?
Major companies operating in the cattle feeds market are focusing on developing advanced source of lysine products to enhance the nutritional value of animal feed, improve protein synthesis, and boost growth performance, ensuring healthier livestock and greater feed efficiency. An advanced source of lysine products refers to highly bioavailable lysine formulations designed for optimal absorption and enhanced nutritional benefits in dietary supplements and animal feed. For instance, in May 2023, Evonik Industries AG, a Germany-based specialty chemicals company, launched updated version of its Biolys product, a key source of lysine for animal feeds, particularly targeting livestock such as swine and poultry. The new formulation boasts an increased concentration of L-lysine, now at 62.4%, compared to the previous 60%. This change enhances the product’s efficiency in meeting the nutritional requirements of animals also aligns with Evonik’s sustainability goals by significantly reducing the carbon footprint associated with its production.
Which geographic trends are shaping the cattle feeds market, and which region has the highest market share?
Asia-Pacific was the largest region in the cattle feeds market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cattle feeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.
What Does The Cattle Feeds Market Report 2025 Offer?
The cattle feeds market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Cattle feeds are a mixture of silage, grain, hay, supplement, salt, by-products, salt, minerals, and vitamins that are fed to cattle and domestic animals such as livestock. This helps in animal well-being in various aspects such as increasing milk production, and reproductive efficiency of the livestock.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5724
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
