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
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 commerci... もっと見る
SummaryGlobal 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? Table of ContentsContents1. 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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