Cattle Feed & Feed Additives Market Trends Report 2025 – For Business Development and Strategy Teams
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What Is the Forecast for the Cattle Feed & Feed Additives Market Growth in 2025?
The market for cattle feed & feed additives has shown consistent growth over the recent years. The market size is projected to inflate from $63.8 billion in 2024 to $66.88 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.8%. Factors such as population growth, increase in income levels, urbanization, and disease outbreaks have contributed to growth during the historic period.
What Is the Forecast for the Cattle Feed & Feed Additives Market Size Through 2029?
In the coming years, the market size for cattle feed & feed additives is anticipated to experience robust growth. It is projected to reach $85.34 billion in 2029 with a compound annual growth rate (CAGR) of 6.3%. This predicted growth during the forecast period can be ascribed to factors such as sustainable practices, health and wellness trends, global trade policies, and concerns over climate change. Key trends in the forecast period encompass innovations in feed additives, alternative protein sources, the digital transformation of agriculture, and the consumer’s desire for transparency.
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What are the Key Market Players in Cattle Feed & Feed Additives Market and How They’re Evolving?
Major companies operating in the cattle feed & feed additives market include Bluestar AdisseoCompany, The Archer Daniels Midland company, BASF SE, Biomin Pte Ltd., Cargill Inc., DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM N. V., Solvay SA, Ajinomoto Co. Inc., Novozymes A/S, Chr. Hansen A/S, Nutreco N. V., Kemin Industries Inc., Alltech, Land O’Lakes Inc., Provimi, EWOS Group, Nestlé Purina PetCare Company, ForFarmers NV, Tyson Foods Inc., Wens Foodstuff Group, BRF S. A., Cactus Feeders Inc., The Kent Nutrition Group, Ridley Corporation Limited, JBS Holdings Inc., The Mosaic Company, Nutriad International NV, Phibro Animal Health Corporation, Perdue Farms, Sanderson Farms, Smithfield Foods Inc., Southern States Cooperative, The Scoular Company, Viterra Inc., Wilbur-Ellis Company Inc., Zoetis Inc.
What Are the Primary Growth Drivers in the Cattle Feed & Feed Additives Market?
The cattle feed and feed additives market is predicted to expand due to the rising livestock and animal husbandry industry. Livestock encompasses commonly farmed animals like cattle, sheep, horses, and goats. The role of cattle feed and additives is to supplement farm-raised livestock and animals’ nutrition, promoting faster growth. As an example, Eurostat, a government agency in Europe, reported in May 2022 that the EU had a substantial livestock population. This included 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. As such, the growing sectors of livestock and animal husbandry are fueling the advancement of the cattle feed and feed additives market.
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What Are the Leading Segments in the Global Cattle Feed & Feed Additives Industry?
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 Key Market Trends in the Cattle Feed & Feed Additives Industry?
Major players in the cattle feed and feed additives sector are concentrating their efforts on developing new technologies, like additives for livestock feed, geared towards improving animal nutrition, enhancing growth rates and elevating overall productivity. Substances added to animal feed to up its nutritional content, aid growth, and promote health are collectively termed as ‘feed additives for livestock’. For example, in June 2023, German chemical enterprise, Evonik, debuted an updated formula of its Biolys product, a crucial L-lysine source for animal feeds. This superior version comprises 62.4% L-lysine, a hike from the previous 60%, and is engineered to cater to the nutritional requirements of farm animals such as swine and poultry more effectively. Biolys is produced via fermentation that turns corn-derived dextrose into L-lysine, and also proffers extra nutrients and energy beneficial for the animals. The renovate Biolys not just advances the efficiency of amino acid distribution but also synchronizes with Evonik’s mission to fulfill the burgeoning global need for top-quality animal protein while keeping the use of resources at a minimum.
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What Is the Regional Outlook for 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
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This Report Delivers Insight On:
1. How big is the cattle feed & feed additives market, and how is it changing globally?
2. Who are the major companies in the cattle feed & feed additives market, and how are they performing?
3. What are the key opportunities and risks in the cattle feed & feed additives market right now?
4. Which products or customer segments are growing the most in the cattle feed & feed additives market?
5. What factors are helping or slowing down the growth of the cattle feed & feed additives market?
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