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Cattle Feeds Market - Global Industry Analysis, Market Size, Opportunities, And Forecast 2022 - 2030
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The global cattle feeds market report by the business research company identifies an increase in government subsidies for cattle to be a major growth driver for the cattle feeds market. Governments all over the world have increased subsidies for cattle rustling because of the growing importance of cattle meat and products like milk, eggs. These government subsidies allow farmers to obtain better quality cattle feed for their animals and offer better nutrition and care. For instance, in 2022, the government of India launched the National Livestock Mission (NLM) to develop the animal husbandry sector. The scheme offers loans and subsidies, including up to 50% subsidy, a loan facility to livestock farmers, SHGs, FPOs, and companies. Therefore, an increase in government subsidies for cattle drives the cattle feeding market.
The global cattle feed market is expected to grow from $62.46 billion in 2021 to $64.46 billion in 2022 at a compound annual growth rate (CAGR) of 3.21%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The cattle feed market is expected to reach $73.19 billion in 2026 at a CAGR of 3.22%.
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Asia Pacific was the largest region in the cattle feeds market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cattle feeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the cattle feeds market are Archer Daniel Midland Company, BASF Se, Cargill, Inc., Kemin Industries, Land O' Lakes Inc., Nutreco, Land O'Lakes, Inc., Godrej Agrovet Limited, Farmer's Grain Company, Biomin Holding GmbH, United Farmers Cooperative, DE HEUS. ALL, Charoen Pokphand Group, New Hope Group and Kent Corporation.
The global organic food market is segmented -
1) By Ingredients: Cereals, Cakes and Mixes, Food Wastages, Feed Additives
2) By Cattle Type: Beef Cattle, Dairy Cattle, Calves
3) By Distribution Channel: Offline, Online
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The Cattle Feeds Market Report Contents Include
1. Executive Summary
2. Cattle Feeds Market Characteristics
3. Cattle Feeds Market Trends And Strategies
4. Cattle Feeds Market - Macro Economic Scenario
5. Cattle Feeds Market Size And Growth
....
28. Key Mergers And Acquisitions In The Cattle Feeds Market
29. Cattle Feeds Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the cattle feeds market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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