Global cattle feed & feed additives Market
Veterinary Healthcare

Growth, Trends, and Opportunities in the Cattle Feed & Feed Additives Market: Key Insights for the Next Decade

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What is the Long-Term Projected Growth Rate for the Cattle Feed & Feed Additives Market, and What Are the Key Drivers?

The gradual expansion of the cattle feed & feed additives market has been observed in the past few years. The market value is projected to increase from $63.8 billion in 2024 to $66.88 billion in 2025, experiencing a compound annual growth rate (CAGR) of 4.8%. The progression during the previous period can be credited to factors such as population increase, income levels, urbanisation, and disease outbreaks.

The market size for cattle feed & feed additives is anticipated to witness robust expansion in the coming years, where it is predicted to reach $85.34 billion in 2029, with a compound annual growth rate (CAGR) of 6.3%. This expected trajectory during the forecast period is due to sustainable methods, health and wellbeing movements, international trade regulations, and apprehensions about climate change. The trending growth factors during the forecast period are expected to be innovative feed additives, alternative sources of protein, the advent of digital technology in farming, and the customers’ increasing desire for transparency.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the cattle feed & feed additives Market?

The expansion of the livestock and animal husbandry sector is predicted to boost the cattle feed and feed additives market in the future. Livestock typically encompasses farm-raised animals such as cattle, sheep, horses, goats, and others. Farms employ cattle feed and feed additives to raise such livestock and animals, providing additional nutrients in their diet for more accelerated growth. For example, Eurostat, a Europe-based government institution, recorded in May 2022 that the European Union possessed a substantial livestock populace, including 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. Thus, the escalating livestock and animal husbandry industry is propelling the cattle feed and feed additives market’s expansion.

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Which Companies Are Leading the Charge in Expanding the Cattle Feed & Feed Additives Market?

Major companies operating in the cattle feed & feed additives market include:

• Bluestar AdisseoCompany_x000D_

• The Archer Daniels Midland company_x000D_

• BASF SE_x000D_

• Biomin Pte Ltd._x000D_

• Cargill Inc._x000D_

What New Trends Are Reshaping the Cattle Feed & Feed Additives Market and Its Opportunities?

Leading corporations in the cattle feed and feed additives market are concentrating on the roll-out of innovative technologies, such as enhancing feed additives for livestock. The intention is to enrich animal nutrition, boost growth rates, and enhance overall output. Feed additives are substances incorporated into animal feeds with the goal to improve their nutritional value and support growth and overall health. For example, in June 2023, Evonik, a chemical firm based in Germany, unveiled an upgraded version of its Biolys product, which is a critical source of L-lysine in animal feeds. This revamped formulation, containing 62.4% L-lysine, a surge from the preceding 60%, is tailored to cater to the nutritional requirements of livestock like swine and poultry more efficiently. This product is made via fermentation, transforming corn dextrose into L-lysine, and is packed with additional nutrients and energy that are beneficial to animals. The upgraded Biolys enhances the delivery efficiency of amino acids and is in line with Evonik’s plan of catering to the escalating worldwide demand for high-quality animal protein while reducing the usage of resources.

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Which Key Market Segments Comprise the Cattle Feed & Feed Additives Market and Drive Its Revenue Growth?

The cattle feed & feed additives market covered in this report is segmented –

1) By ?ngr?d??nt: C?rn, ???b??n ???l, Wh??t, Oil Seeds And Grains, Other Ingredients

2) By Product: Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Acidifiers, Other Products

3) By ???l???t??n: ???f ??ttl?, D??r? ??ttl?, ??lv??, ?th?r Applications

Subsegments:

1) By Antibiotics: Tetracyclines, Penicillins, Macrolides, Sulfonamides

2) By Vitamins: Vitamin A, Vitamin D, Vitamin E, B-complex Vitamins

3) By Antioxidants: Butylated Hydroxyanisole (BHA), Butylated Hydroxytoluene (BHT), Tocopherols

4) By Amino Acids: Lysine, Methionine, Threonine, Tryptophan

5) By Feed Enzymes: Phytase, Cellulase, Protease, Amylase

6) By Acidifiers: Organic Acids, Inorganic Acids

7) By Other Products: Probiotics, Prebiotics, Flavoring Agents

What Are the Top Regions Fueling Growth in the Cattle Feed & Feed Additives Market?

Asia-Pacific was the largest region in the cattle feed and feed additive market in 2024. The regions covered in the cattle feed & feed additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Defines the Scope of the Cattle Feed & Feed Additives Market?

Cattle feed additives refer to the products that are used to increase cattle nutrition and are added to cattle feed to provide complete nutrition to farm cattle. These are ground, pelleted, crumbled, or mixed feed used for feeding cattle. These feeds are balanced for various nutrients as per cattle needs. Feed additives are compounds fed to cattle for reasons other than supplying nutrients, such as promoting good cattle health and improving their growth.

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