Cattle Feed Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The cattle feed market is segmented by Animal Type (Dairy Cattle, Beef Cattle, and Other Cattle), Ingredient (Cereals, Cakes and Mixes, Food Wastages, Feed Additives, and Other Ingredients), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts for cattle feed in terms of value (USD million) for all the above segments.

Cattle Feed Industry Overview

Cattle Feed Market Summary
Study Period: 2018 - 2028
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 3.2 %

Major Players

Cattle Feed Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Cattle Feed Market Analysis

The cattle feed market is projected to register a CAGR of 3.2% during the forecast period (2022-2027). The increased demand for cattle feed across the world is highly hampered by the COVID-19 pandemic, resulting in supply chain disruption restricting the product trade. With the loosening of situations, the disruption is anticipated to dissolve, facilitating the product trade.

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.

Cattle Feed Industry Segments

Cattles are domesticated quadrupeds held as property or raised for use on a farm or ranch. Cattle feed contains protein, energy, minerals, and vitamins required for the growth, maintenance, and milk production of animals. 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 global cattle feed market is segmented by Animal Type (Dairy Cattle, Beef Cattle, and Other Cattle), Ingredient (Cereals, Cakes and Mixes, Food Wastages, Feed Additives, and Other Ingredients), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts for cattle feed in terms of value (USD million) for all the above segments.

Animal Type
Dairy Cattle
Beef Cattle
Other Cattle Types
Cakes and Mixes
Food Wastages
Feed Additives
Other Ingredients
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of the Asia-Pacific
South America
Rest of South America
South Africa
Rest of Africa

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Cattle Feed Market Trends

This section covers the major market trends shaping the Cattle Feed Market according to our research experts:

Increasing Industrialization of Livestock Production in Developing Countries

Increasing population and the need to satisfy 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, according to FAO, the cattle population in India has increased to 194.4 million in 2020 from 191 million in 2017. Also, in 2019, India produced 187.7 million metric tons of milk, an increase of 13.4% from 2017.

According to FAO, in land-locked developing countries, cow milk production accounted for 41.5 million metric tons in 2020. Moreover, the cattle population increased to 265 million heads in 2020 from 230 million heads in 2017. 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 boost the growth of the cattle feed market over the forecast period.

Cattle Feed Market: Population in Million and in Milk Volume million metric ton, Cattle Population and Cow Milk Production Global, 2017-2020

North America Dominates the Global Market

In North America, the cattle population was 105 million heads in 2020. The increasing population creates an increasing demand for cattle feed. In North America, the United States consumed a total of 284.0 million metric tons of animal feed in 2019, of which 64.5 million metric tons accounted for feed consumed by beef cattle.

Due to the significant size and demand of its livestock industry, the United States is one of the world's largest cattle feed producers and exporters. According to ITC, in 2020, the United States contributed 9.7% of the total feed export. Cattle feed production and consumption are following a nominal year-on-year growth in the region, but the region accounts for a major share of 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, and ADM, among others, who have a strong presence across the United States and Canada.

Cattle Feed Market: Market Size, By Region, 2021

Cattle Feed Market Competitor Analysis

The 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. Archer Daniels Midland, Cargill Inc., Land O' Lakes Inc., De Heus, and ForFarmers are some of the major players in the market. 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.

Cattle Feed Market Top Players

  1. Cargill Inc.

  2. Archer Daniels Midland Company

  3. ForFarmers Inc.

  4. De Heus

  5. Land O'Lakes, Inc.

*Disclaimer: Major Players sorted in no particular order

Cattle Feed Market Concentration

Cattle Feed Market Recent Developments

In November 2021, ADM opened its new animal nutrition laboratory in Rolle, Switzerland, at the heart of the Swiss Food & Nutrition Valley. The new lab supports the development of science-based feed additives to meet customer needs for pet food, aquaculture, and livestock species worldwide.

In November 2021, De Heus Vietnam signed a strategic agreement with Masan, after which De Heus obtained control of 100% of the feed-related business of MNS Feed. The feed business of MNS Feed covers thirteen animal feed mills, with a total production capacity of nearly 4 million tonnes, strengthening De Heus’ position in Southeast Asia’s largest animal feed market.

In October 2021, Royal DSM opened its new Analytical Center of Excellence in Tulln, Lower Austria. The facilities will be used to conduct nutritional analyses, which will form the basis to help farmers radically improve the nutrition, health, and sustainability of livestock.

Cattle Feed Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    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


    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. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.3.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Spain

        5. Russia

        6. Italy

        7. Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. Australia

        5. Rest of the Asia-Pacific

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Africa

        1. South Africa

        2. Rest of Africa


    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



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Cattle Feed Market Research FAQs

The Cattle Feed Market is studied from 2018 - 2028.

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

Asia Pacific is growing at the highest CAGR over 2018 - 2028.

North America holds highest share in 2021.

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

Cattle Feed Industry Reports

In-depth industry statistics and market share insights of the Cattle Feed sector for 2020, 2021, and 2022. The Cattle Feed research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Cattle Feed report PDF.

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