global-ruminant-feed-market-industry
Published

November 2016

Global Ruminant Feed Market - Trends and Forecasts (2015 - 2020)

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The Global Ruminant Feed Market, valued at USD 140 Billion in 2013, is growing at a CAGR of 2.8 to reach USD 170 Billion by 2020. South America and Africa are estimated to lead the growth charts.

 Feeding bovine livestock is challenging due to the high cost of feed inputs. It is estimated that the cost of feed for cows and buffalos is nearly 35% to 50% of the overall milk and meat output. Compound feed, as a result, plays an important role by reducing the feed input cost for livestock producers in two ways: firstly, it improves the cattle digestive system by pH shift and metabolic modification, and secondly, it improves and maintains growth of the animal by providing important nutrients such as amino acids and vitamins.

 Ruminant livestock are the second largest consumers of compound feed in the world. Increasing global cattle meat production will bolster this trend. Global cattle meat production was 58.2 million tons in 2011 and is expected to reach 65.1 million tons by 2017, with an estimated CAGR of 1.8% from 2012 to 2017. Demand for compound feed in cattle meat production is expected to remain stagnant in North America while a healthy growth rate is expected in developing nations such Brazil, China and Mexico due to increasing regional demand for meat products.  

Why should you buy this report?

  • Sections 1, 2 and 3 provide an in-depth analysis of the global compound feed market, elaborating on the drivers, restraints, opportunities and the regulatory scenario.
  • Section 4 gives the market numbers (size and growth forecasts) for the ruminant feed market, comparing it with the size and growth of other segments like swine feed, poultry feed and aqua feed.
  • Section 5 contains the market size and forecasts for 19 of the most prominent countries across the globe for the ruminant feed market and section 6 presents expert opinions on the future of the compound feed market. 
  • Section 7 profiles 20 of the most prominent companies operating in this market across the globe, elaborating on the products and services, financials and key strategies formulated by these companies in the last 5 years.
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