Cattle feed additives Sector: Growth Drivers and Challenges
Growth Drivers
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Increasing Consumption and Demand for Highly Nutritious Beef and Dairy Products
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Rising Awareness Regarding Diseases in Cattle
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Shift from Unorganized to Organized Livestock Farming
Challenges
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Growing Trend of Opting Vegan Food
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Stringent Regulatory Policies for the Standard of the Feed Additives
Cattle feed additives Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
4.6% |
|
Base Year Market Size (2024) |
USD 91.37 billion |
|
Forecast Year Market Size (2037) |
USD 163.95 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of cattle feed additives is estimated at USD 94.94 billion.
Cattle Feed Additives Market size was valued at USD 91.37 billion in 2024 and is set to exceed USD 163.95 billion by 2037, registering over 4.6% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is predicted to hold largest revenue share by 2037, owing to large cattle population in the developing economies of the region.
The major players in the market are Cargill Incorporated, Archer Daniels Midland Company, Adisseo Group, Nutreco N.V., Phibro Animal Health Corporation, and others.