Cattle Feed Additives Market Size, Trends & Growth Analysis

"An excellent Cattle Feed Additives Market report estimates the global Cattle Feed Additives Market industry in terms of revenue [USD Million] and quantity [k MT], assessing the market volume in recent years. The report also highlights key controllers and drivers determining market expansions, uncovering the estimate of the market for the predicted time. The report emphasizes emergent trends related to the development possibilities of the market. Moreover, this business research document includes the main product category and industry key segments, as well as the sub-segments of the global Cattle Feed Additives Market. The total value sequence of the market is portrayed in the report linked with the analysis of the downstream and upstream constituents of the market.

The Cattle Feed Additives Market report is enriched with historic data, current market trends, market environment, technological innovation, upcoming technologies, and technical progress in the related industry. The forecast, analysis, and estimations carried out in this report are based on the finest and well-established tools and techniques, such as SWOT analysis and Porter’s Five Forces analysis. The report also measures market drivers, restraints, challenges, opportunities, and key developments in the market. Competitive intelligence covered in the finest Cattle Feed Additives Market report is another crucial aspect that assists businesses in thriving in the market.

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Due to the growing concerns about animal nutrition, the animal feed industry has grown tremendously over the years. As different animal types have different nutritional needs, feeds often differ from one another. Compound cattle feedstuff is one of the most important types of cattle feed for a cattle's overall health. As a result, the global compound cattle feedstuff market is expected to grow at a rapid pace during the forecast period of 2022-2039.

Data Bridge Market Research analyses that cattle feed additives market was valued at USD 80.73 billion in 2021 and is expected to reach the value of USD 116.58 billion by 2029, at a CAGR of 4.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.

Cattle Feed Additives Market Scope and Segmentation

REPORT METRIC	DETAILS
Forecast Period	2022 to 2029
Base Year	2021
Historic Years	2020 (Customizable to 2014 - 2019)
Quantitative Units	Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered	Application (Dairy, Beef, Calf), Ingredient (Corn, Soymeal, Wheat, Other Oilseeds & Grains), Type (Vitamins, Minerals, Amino Acids, Enzymes, Acidifiers, Antibiotics, Antioxidants)
Countries Covered	U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered	Dow (U.S.), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (U.S.), Alltech (U.S.), Associated British Foods plc (U.K.), Charoen Pokphand Foods PCL (Thailand), Cargill, Incorporated (U.S.), Nutreco (Netherlands), ForFarmers. (Netherlands), De Heus Animal Nutrition (Netherlands), Land O'Lakes (U.S.), Kent Nutrition Group (U.S.), J. D. HEISKELL & CO. (U.S.), Perdue Farms (U.S.), SunOpta (Canada), Scratch and Peck Feeds (U.S.), De Heus Animal Nutrition (Netherlands), MEGAMIX (Russia), Agrofeed (Hungary)
Opportunities	The increased emphasis on precision nutrition investments and funds made by government authorities and organisations in the agriculture sector Growing dairy industry around the world

Market Definition

Cattle feed additives are used to improve the quality of feed in order to increase yield and overall cattle health. Feed additives are products used in animal nutrition to improve the quality of feed and food derived from animals and the animals' performance and health.

Cattle Feed Additives Market Dynamics

Drivers

The benefits associated with cattle feed additives

The compound cattle feed not only improves performance and meets cattle’s' daily needs, but it also protects them from muscular disorders such as laminitis and azoturia. Even without a gallbladder, cattle’s require dietary fats to perform well. Cattles can digest dietary fats, which have nutritional benefits such as increased vitamin absorption, omega-6 and omega-3 fatty acids, and so on. The growing demand for comprehensive cattle nutrition is driving the demand for cattle feed stuff.

Growing dairy industry and high demand for animal based products

The cattle feed industry is rapidly expanding as milk producers begin to replace traditional cattle feed with more nutritionally balanced compound feed, realising the tangible benefits of nutritional feed in terms of yield improvement. Furthermore, with population growth and rising living standards, the livestock industry has been forced to adapt and expand to meet society's expectations by providing nutritious animal feed to livestock animals. As a result, this factor benefits the growth of the cattle feed additives market.

Opportunity

The increased emphasis on precision nutrition may provide an opportunity to accelerate market growth. Cattle feed additives market growth may be boosted by investments and funds made by government authorities and organisations in the agriculture sector.

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