Cattle Feed Market Analysis, Future Growth, Business Prospects and Forecast to 2024

Research Reports

Jan 22, 2021

Market Analysis

The growing demand for feed, rise in the meat consumption, improving quality of feed, industrialization of livestock farming, and the prevention of diseases in livestock are expected to drive the cattle feed market. Cattle feed is a mixture of various concentrate feed ingredients in suitable proportion to enhance their yield and health. Increase in demand for meat and dairy products is likely to drive the global cattle feed market over the forecast period. In addition, increased awareness about the health benefits of feeding the cattle for quality of feed, which, in turn, has increased the market share of cattle feed globally.

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Key Players Review

The key players profiled in Cattle Feed Market are Royal DSM N.V. (Netherlands), Archer Daniels Midland Company (U.S.), BASF SE (Germany), Cargill, Incorporated (U.S.), Nutreco N.V. (Netherlands), Charoen Pokphand Group (Thailand), and Land O’lakes Inc. (U.S.) among many others.

Market Segments

The global cattle feed market has been divided into form, livestock, and region.

Based on Form: Mash, Pellets, Crumbles, Others

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Regional Analysis

Cattle Feed Market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global cattle feed market is highly dominated by Europe due to high population of the livestock in markets of Germany, Russia, Spain and France. North America is the fastest growing region due to increasing demand for feed from the U.S. and Canada. The consumption of cattle feed in countries like Germany, the U.S., India, Brazil and China is expected to grow even more in upcoming years.

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