The Global Cattle Feed Market size was valued at USD 74.8 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3% from 2021 to 2027. Livestock feed is a very important element in the livestock industry and contributes to most of the cost of raising livestock. Farmers typically try to reduce the cost of this food by supplementing expensive feed with substitutes such as food waste, such as grain used in beer brewing. Animal welfare is one of the key factors that determine the future of the livestock industry. Animal well-being is highly dependent on balanced nutrition. The livestock feed industry is expanding into feed acidifiers, feed enzymes, feed antibiotics, and feed microbes. The demand for this trend goes hand in hand with increasing consumption of meat protein and increasing importance for the quality of ingredients used in animal feed.
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A full report of Global Cattle Feed Market is available at:https://www.orionmarketreports.com/cattle-feed-market/59133/
The following Segmentation are covered in this report:
By Cattle Type
- Beef
- Dairy
By Distribution Channel
- Offline
- Online
Key Players
Land O’lakes Inc.(US), BASF SE (Germany), Cargill Inc.(US), Nutreco N.V.(Netherlands), DSM N.V.(Netherlands), Charoen Pokphand Group (Thailand), New Hope Group (UK), Archer Daniels Midland Company (US), Country Bird Holdings (South Africa), Alltech Inc.(US), Godrej Agrovet Limited (India), Kent Corporation (US), Friona Industries (US), ContiBeef LLC (US), Evonik Industries AG (Germany) are some of the key players operating in the global cattle feed market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Cattle Feed Market.
- The market share of the global Cattle Feed Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Cattle Feed Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cattle Feed Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
