Cattle Feed Additives Market Trends

  • Report ID: 29
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Cattle Feed Additives Market Trends

Growth Drivers

  • Increasing Consumption and Demand for Highly Nutritious Beef and Dairy Products

  • Rising Awareness Regarding Diseases in Cattle

  • Shift from Unorganized to Organized Livestock Farming

Challenges

  • Growing Trend of Opting Vegan Food

  • Stringent Regulatory Policies for the Standard of the Feed Additives

Cattle feed additives Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

4.6%

Base Year Market Size (2023)

USD 87.35 billion

Forecast Year Market Size (2036)

USD 156.74 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 29
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising demand for meat and dairy products is the major factor driving the market growth.

Rising demand for meat and dairy products is the major factor driving the market growth.

Growing trend of vegan food, and rigorous policies regarding the quality standards of feed and additives are the major factors estimated to hamper the market growth.

Asia Pacific market is anticipated to provide highest business opportunities to the global cattle feed & feed additives market on the back of large cattle population in the region along with raise in adopting livestock farming as an occupation.

The major players in the market are Cargill Incorporated, Archer Daniels Midland Company, Adisseo Group, Nutreco N.V., Phibro Animal Health Corporation, and others.
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