Cattle Feed Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The global cattle feed market is segmented by animal type (dairy cattle, beef cattle, and other cattle), by ingredient (cereals, cakes and mixes, food wastages, feed additives, and other ingredients) and by geography

Market Snapshot

Cattle Feed Market Overview
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 3.2 %
CAGR:

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Market Overview

The global cattle feed market is projected to register a CAGR of 3.2% over the forecast period (2019-2024).

  • The United Nations Food & Agriculture Organization (FAO), projects a 1.7% year-on-year increase in the demand for cattle products by 2050, with the demand for dairy products projected to increase by 55% and that of beef by 70%. The increasing demand for milk and dairy products in developing countries will boost the global market during the forecast period. Europe and North America have a significant consumption share of dairy products and meat currently, while rapid growth has been projected in the Asia-Pacific and Latin American regions.
  • Increased demand for dairy products and beef has led to increased industrialization of cattle rearing. This translates to an increase in herd sizes, increased use of compound feed and better scientific management of cattle. This phenomenon has helped in the growth of the cattle feed market. 

Scope of the Report

For the purpose of this report, only commercial cattle feed has been considered. The report consists of an extensive study of the segments and factors driving the growth of the commercial cattle feed market. The cattle feed market is segmented by animal type into dairy cattle, beef cattle and other types of cattle. Other types of cattle include heifers, bulls and bull-calves. The market is segmented by ingredients into cereals, cakes and mixes, food wastages, feed additives, and other ingredients. A geographic segmentation covering the top markets across the world has been included.

Animal Type
Dairy Cattle
Beef Cattle
Other Cattle Types
Ingredient
Cereals
Cakes and Mixes
Food Wastages
Feed Additives
Other Ingredients
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Spain
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of the Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Nigeria
Rest of Middle East & Africa

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Key Market Trends

Increasing Industrialization of Livestock Production in Developing Countries

Increasing population and the need for satisfying the nutritional and taste preferences of the population in developing countries has led to increased industrialization of livestock production. In developing countries, cattle rearing has traditionally been a backyard occupation. However, with increased demand and more awareness regarding the economies of scale of maintaining larger herds, the cattle rearing in these countries have started to transform. For instance, in 2010, India produced 52.2 million metric ton of milk from a population of cattle, which was 195.8 million. While the cattle population came down to 185.1 million in the year 2017, milk production has increased to 83.6 million metric ton. Increased industrialization of cattle husbandry would lead to the adoption of advanced management practices including the usage of compound feed in appropriate dosages. This is expected to provide a fillip to the growth of the cattle feed market over the forecast period.

Cattle Feed Market Key Trends

North America Still Dominates the Global Market

The North American region produced a total of 198.9 million metric ton of animal feed in 2018, of which 27.7 million metric ton accounted for feed produced for beef cattle. Cattle feed production and consumption is following a nominal year on year growth in the region, but the region accounts for a major share in the cattle feed market. The market for cattle feed in the region is characterized by the presence of large multinational corporations such as Cargill Inc., Land 'O Lakes, ADM, among others who have strong presence across the United States and Canada.

Cattle Feed Market Growth Rate

Competitive Landscape

The global cattle feed market is highly fragmented with numerous local and regional players vying for increasing market shares in a market that has a strong presence of multinational players. The fragmented supply of raw materials and the geographically dispersed consumer group in developing markets provide significant opportunities for local feed manufacturers to maintain a niche group of customers. 

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Animal Type

      1. 5.1.1 Dairy Cattle

      2. 5.1.2 Beef Cattle

      3. 5.1.3 Other Cattle Types

    2. 5.2 Ingredient

      1. 5.2.1 Cereals

      2. 5.2.2 Cakes and Mixes

      3. 5.2.3 Food Wastages

      4. 5.2.4 Feed Additives

      5. 5.2.5 Other Ingredients

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Spain

        5. 5.3.2.5 Russia

        6. 5.3.2.6 Italy

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 India

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of the Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Nigeria

        4. 5.3.5.4 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Cargill Inc

      2. 6.3.2 Archer Daniels Midland Company

      3. 6.3.3 Land O'Lakes Inc.

      4. 6.3.4 De Heus

      5. 6.3.5 For Farmers, Inc.

      6. 6.3.6 DBN Group

      7. 6.3.7 Biomin

      8. 6.3.8 New Hope Lihue

      9. 6.3.9 Wen's Food Group

      10. 6.3.10 Godrej Agrovet Limited

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Cattle Feed Market market is studied from 2016 - 2026.

The Cattle Feed Market is growing at a CAGR of 3.2% over the next 5 years.

The Cattle Feed Market is valued at 3.2% in 2026.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Cargill Inc., Archer Daniels Midland Company, Land O'Lakes, Inc., ForFarmers Inc., De Heus are the major companies operating in Cattle Feed Market.

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