Cattle Feed Additives Market – Supply and Demand, Industry Analysis, Business Outlook, Key players,Industry Trends and Forecast to 2029
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.
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.
This cattle feed additives market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cattle feed additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Recent Development
·
ADM will open its new
animal nutrition laboratory in Rolle, Switzerland, in November 2021, in the
heart of the Swiss Food & Nutrition Valley. The new lab will aid in
developing science-based feed additives to meet the needs of pet food,
aquaculture, and livestock species worldwide.
·
De Heus Vietnam signed
a strategic agreement with Masan in November 2021, after which De Heus obtained
complete control of MNS Feed's feed-related business. MNS Feed's feed business
includes thirteen animal feed mills with a total production capacity of nearly
4 million tonnes, bolstering De Heus' position in Southeast Asia's largest
animal feed market.
·
Royal DSM will open
its new Analytical Center of Excellence in Tulln, Lower Austria, in October
2021. The facilities will be used to conduct nutritional analyses, which will
serve as the foundation for farmers to drastically improve livestock nutrition,
health, and sustainability.
Global Cattle Feed Additives
Market Scope
Cattle
feed additives market is segmented on the basis of application, ingredient, and
type. The growth amongst these segments will help you analyse meagre growth
segments in the industries and provide the users with a valuable market
overview and market insights to help them make strategic decisions for
identifying core market applications.
Type
·
Vitamins
·
Minerals
·
Amino Acids
·
Enzymes
·
Acidifiers
·
Antibiotics
·
Antioxidants
Ingredients
·
Corn
·
Soymeal
·
Wheat
·
Other Oilseeds
·
Grains
Application
·
Dairy
·
Beef
·
Calf
Cattle Feed Additives
Market Share Analysis
Cattle feed additives market competitive landscape provides details by
competitor. Details included are company overview, company financials, revenue
generated, market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies' focus related to cattle feed additives market.
Some
of the major players operating in cattle feed additives market are:
·
Cargill, Incorporated
(U.S)
·
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)
·
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 Peck Feeds
(U.S.)
·
De Heus Animal
Nutrition (Netherlands)
·
MEGAMIX (Russia)
·
Agrofeed (Hungary)
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Cattle Feed Additives Market Regional Analysis/Insights
Cattle
feed additives market is analysed and market size insights and trends are
provided by country, application, ingredient, and type as referenced above.
The
countries covered in the cattle feed additives market report are 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.
Asia-Pacific
is widely recognized as the dominant region in terms of cattle feed market
share. Dairy products have gained traction in Asian countries as a result of
increased demand from vegan consumers. Some key macroeconomic factors, such as
an increase in social media usage and an increase in per-capita income, also
contribute significantly to the overall growth of the cattle feed additives market.
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