The Asia Pacific dairy cattle feed market size is expected to reach USD 16.68 billion in 2024 and reach SUD 19.91 billion by 2029, growing at a CAGR of 3.6% from 2024 to 2029.
Dairy cattle have a higher metabolism than the normal cattle. Dairy cattle feed includes a variety of forage which includes grass, silage, legumes as well as an assortment of grain, soy, and other high energy density diets. Dairy feed is mainly used in cattle farms and animal feeding units.
Dairy cattle feed is made specifically with the aim of improving the production of milk. Dairy cattle feed is especially rich in carbohydrates, proteins, fats, vitamins, and minerals which are needed for the healthy growth of a milking animal. Common ingredients of cattle feed include corn-fed, soy feed, rice bran, oilseeds, alfalfa, and wheat which is a major ingredient in almost all varieties of cattle feed due to its property of maintaining proper digestion of dairy cattle.
The major factor affecting the Dairy Cattle Feed market is the obvious increase in demand for milk products. So, the rising population and changing consumption patterns of the people can be considered indirect growth factors that result in an increased demand for dairy products. Maintaining a healthy diet also prevents metabolic diseases in the herd, and this serves as another growth factor for the market. As for the restraints for the market, the higher cost of specialized feed is the main one. The prospective advantages of using dairy cattle feed are also unknown to several regions, and farmers still use traditional diets for their cattle. This lack of awareness among farmers is another restraining factor for the market.
Based on the application, they come under the dairy cattle growth phase and are divided into heifers, dairy cows, and others.
Based on geography, the Asia-Pacific market is divided into India, China, South Korea, Japan, and Australia. Asia-Pacific is expected to grow rapidly in the coming years, as is evident from the region's high CAGR value. In addition to having the highest growth rate, the region also has the third-highest market share. The rapid growth of the region can be attributed to the developing stature of countries such as India and China.
The Dairy Cattle Feed market is highly competitive with a large number of players. Key market players dominating the market with their products include Cargill Incorporated, Archer Daniels Midland Company, BASF SE, Royal DSM NV, Nutreco NV, Amul, Kent Nutrition Group, Hi-Pro Feeds LP, Purina Animal Nutrition LLC, Kapila Krishi Udyog Limited and Agro Feed Solutions.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1400
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region