Dairy Cattle Feed Market

Global Dairy Cattle Feed Market Size (2024 to 2029)

The global dairy cattle feed market size is expected to reach USD 74.26 billion in 2024 and reach USD 84.97 billion by 2029, growing at a CAGR of 2.73% from 2024 to 2029.

CURRENT SCENARIO OF THE GLOBAL CATTLE FEED MARKET

Dairy cattle have a higher metabolism than 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.

MARKET DRIVERS AND RESTRAINTS:

The major factor affecting the dairy cattle feed market is the obvious increase in demand for milk products. So, the rising populations and changing consumption patterns of the people can be considered indirect growth factors resulting 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.

REPORT COVERAGE:

REGIONAL ANALYSIS:

Based on geography, the global market is analyzed under various regions, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The dairy cattle feed market was dominated by North America in 2016, with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region.

KEY PLAYERS IN THE GLOBAL CATTLE FEED MARKET

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.

DETAILED SEGMENTATION OF THE GLOBAL CATTLE FEED MARKET INCLUDED IN THIS REPORT

This research report on the global cattle feed market is segmented and sub-segmented based on Additives Type, Ingredient Type, Application Type, and Region.

By Additives Type

• Vitamins
• Trace Minerals
• Amino Acids
• Feed Antibiotics
• Feed Acidifiers
• Feed Enzymes
• Antioxidants
• Others

By Ingredient Type

• Corn
• Soybean Meal
• Wheat
• Oilseeds
• Grains and Others

By Application Type

• Heifers
• Dairy Cows and Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa