Global Cattle Feed Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

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Cattle Feed Market: Segmented By Application (Dairy, Beef, and Calf); By Ingredients (Wheat, Corn, and Additives) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030

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Description

Cattle Feed Market

Global Cattle Feed Market to surpass USD 95.8 billion by 2030 from USD 75.7 billion in 2020 at a CAGR of 3.9 % in the coming years, i.e., 2021-30.

Product Overview
Cattle feed provided commercially by feed producers is fed or mixed directly with feed concentrate or raw materials before feeding animals. The concept by FAO’s compound feed is a combination of a natural, fresh, or preserved product of vegetable or animal origin or of a product produced from the manufacturing of that product, or organic or an inorganic material contained or not, in the form of a whole feed oral feed.” Commercial feeds are supplemented with special formulas prepared for and growth period of the cattle to be fed as a single feed. Beef cattle, dairy cattle, calves, and other animals are fed in compound cattle.

Market Highlights
Global Cattle Feed market is expected to project a CAGR of 3.9% in 2030.
Global Cattle Feed to surpass USD 95.8 billion by 2030 from USD 75.7 billion in 2020 at a CAGR of 3.9 % in the coming years, i.e., 2021-30. The growing emphasis on animal health, the livestock sector, and the high prevalence of disease outbreaks among livestock has contributed substantially to the global livestock feed market development. During the forecast period, there is projected to increase demand for milk and dairy produce in developing countries. In addition, growing attention to nutrition precision, particularly in Europe, creates a worldwide market growth opportunity.

Global Cattle Feed Market: Segments
Corn segment to grow with the highest CAGR during 2020-30
Global Cattle Feed market is segmented by ingredients into Wheat, Corn, and Additives. In 2020, Corn was the dominant segment of ingredients and represented over one-fourth of the world’s turnover. Major grain manufacturing companies including Cargill, Inc. and BASF SE are incorporated into the value chain, supplying feed products, providing producers with extensive supplies, and reducing supply and logistics costs. Also, few firms, such as Charoen Pokphand (CP) and Alltech, can backwardly manufacture commodities (feed grains) and finish goods to reduce the cost of raw materials.

Dairy segment to grow with the highest CAGR during 2020-30
Global Cattle Feed is divided by application into Dairy, Beef, Calf. In 2020, the dairy sector accounted for over half of global sales. The Food & Agriculture Organization of the United Nations (FAO) estimated that dairy products will increase by XX.X% by 2030, and beef products by XX.X% by 2030. Increased demand for milk and milking products in the developing economies can be due to the growth of the segment, which leads to rising industrialization in livestock rearing. In the US, the value of cattle and calf production has risen steadily since 2010 as a result of demand and increased market competition. Manufacturers are willing to innovate goods and sell custom milk and beef products.

Market Dynamics
Drivers
High prevalence of disease outbreak
The growing emphasis on animal health, the livestock sector, and the high prevalence of disease outbreaks among livestock has contributed substantially to the global livestock feed market development. During the forecast period, there is projected to increase demand for milk and dairy produce in developing countries. In addition, growing attention to nutrition precision, particularly in Europe, creates a worldwide market growth opportunity.

Rising industrialization of livestock production
Growing population and the need for fulfilling the nutritional and taste needs of the population in developing countries has led to increased industrialization of livestock production. In developed countries, cattle rearing has historically been a backyard occupation. Cattle rearing in these countries has begun to change as a result of increased demand and increased understanding of the economies of scale that come with maintaining larger herds. Increased cattle husbandry industrialization will result in the introduction of advanced management techniques, such as the use of compound feed in acceptable dosages. This is expected to boost the cattle feed market’s growth.

Restraint
High cost
Compared to alternative feed options, the high price associated with cattle feed is curbing market development. Most of the world’s ingredient supply is produced in China, including vitamin B&D, lysine, and threonine. During the pandemic, key product customers in North America and Europe were most affected by delayed shipments and shipping disruptions. This has led to a price increase because of bottlenecks in the supply chain.

Global Cattle Feed Market: Key Players
BASF SE

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

DSM
Cargill, Inc.
ADM Animal Nutrition
Kemin Industries, Inc.
Biomin Holding GmbH
Nutreco
Land O’Lakes, Inc.
Farmer’s Grain Company
United Farmers Cooperative
DE HEUS. ALL
Godrej Agrovet Ltd.
Other Prominent Players
Global Cattle Feed Market: Regions
Global Cattle Feed market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa.

Global Cattle Feed in North America held the largest market share of XX.X% in the year 2020. In 2020, North America dominated the industry and accounted for more than 30% of global sales. The regional market is anticipated to be driven over the forecast years by increasing meat consumption, mainly in the US, coupled with rigorous regulations on meat quality. In addition, the area is expected to increase the demand growth in easy and sufficient supply of raw materials such as maize and dextrose. From 2020 to 2030, it is expected that Asia Pacific will record the highest CAGR. As a result of the high population and a large increase in meat consumption, emerging economies such as China and India have experienced fast cattle inventory growth over the past decade. This has led to increased demand for products.

Global Cattle Feed Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Cattle Feed Market report also contains analysis on:
Cattle Feed Market Segments:
By Application
Dairy
Beef
Calf
By Ingredients
Wheat
Corn
Additives
Cattle Feed Market Dynamics
Cattle Feed Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Cattle Feed Market Report Scope and Segmentation

Frequently Asked Questions
How big is the Cattle Feed market?
What is the Cattle Feed market growth?
Which segment accounted for the largest Cattle Feed market share?
Who are the key players in the Cattle Feed market?
What are the factors driving the Cattle Feed market?

Additional information

Publisher

Geography Covered

Date Published

,

Pages

Format

Table of Contents

Contents
1. Executive Summary
2. Global Cattle Feed Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Cattle Feed Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Cattle Feed Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Cattle Feed Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Ingredients: Market Share (2020-2030F)
12.2.1. Wheat, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Corn, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Additives, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Dairy, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Beef, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Calf, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. Company Profile
13.1. BASF SE
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. DSM
13.3. Cargill, Inc.
13.4. ADM Animal Nutrition
13.5. Kemin Industries, Inc.
13.6. Biomin Holding GmbH
13.7. Nutreco
13.8. Land O’Lakes, Inc.
13.9. Farmer’s Grain Company
13.10. United Farmers Cooperative
13.11. DE HEUS. ALL
13.12. Godrej Agrovet Ltd.
13.13. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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