Cattle Feed Market by Type and Geography - Forecast and Analysis 2022-2026

Published: Jul 2022 Pages: 128 SKU: IRTNTR73834

The cattle feed market share is expected to increase to USD 18.79 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.55%.

This cattle feed market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cattle feed market segmentations by type (dairy and beef) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The cattle feed market report also offers information on several market vendors, including Archer Daniels Midland Co., BASF SE, Cargill Inc., Charoen Pokphand Foods PCL, De Heus Voeders BV, Farmers Grain Co., ForFarmers NV, Godrej Agrovet Ltd., GRAND MASTER, Gujarat Cooperative Milk Marketing Federation, J.R. Simplot Co., Kemin Industries Inc., Kolhapur Zilla Sahakari Dudh Utpadak Sangh Ltd., Koninklijke DSM NV, Land O Lakes Inc., New Hope Group Co. Ltd., Nutreco NV, and Provita Eurotech Ltd. among others.

What will the Cattle Feed Market Size be During the Forecast Period?

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Cattle Feed Market: Key Drivers, Trends, and Challenges

The increased focus on animal health to prevent disease outbreaks is notably driving the cattle feed market growth, although factors such as monitoring mycotoxin contamination in cattle feed may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cattle feed industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Cattle Feed Market Driver

The increased focus on animal health to prevent disease outbreaks is one of the key drivers supporting the cattle feed market growth. Diseases can have a negative impact on the trade of livestock goods such as dairy, meat, and by-products. In view of this, the illness-affected areas are prohibited from exporting these products until the disease gets entirely cleared and managed. Significantly, APAC, which has had epidemics of the H5N1 influenza virus (2014) and foot-and-mouth disease (2011), has raised consumer awareness of the importance of using high-quality feed premixes. Hence, the increased focus on animal health to prevent disease outbreaks will drive the growth of the global cattle feed market during the forecast period. 

Key Cattle Feed Market Trend

The rise in global meat consumption is one of the key cattle feed market trends fueling the cattle feed market growth. Nowadays, people have become more conscious about their protein intake in their daily diet. This has led to an increase in the consumption of meat. The consumption of meat and meat products has become a major factor as nutrition enhances the well-being of people. Significantly, the majority of the rise in meat production and consumption is from APAC and MEA. Moreover, the healthy economic growth in these regions has increased the production and consumption of meat. Thus, the rise in global meat consumption is expected to further enhance the growth of the global cattle feed market during the forecast period. 

Key Cattle Feed Market Challenge

Monitoring mycotoxin contamination in cattle feed is one of the key factors challenging the cattle feed market growth. Natural and intentional pollutants in cattle feed include mycotoxins and antibiotics. Typically, most mycotoxins compounds are persistent and cannot be cleared by standard feed and food manufacturing methods, they might reduce animal productivity or cause cancer in animals. Furthermore, they can accumulate in meat, milk, or eggs, which have the ability to reach and harm the health of end consumers. Such issues may limit the growth of the global cattle feed market during the forecast period. 

This cattle feed market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global cattle feed market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cattle feed market during the forecast period.

Who are the Major Cattle Feed Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Archer Daniels Midland Co.
  • BASF SE
  • Cargill Inc.
  • Charoen Pokphand Foods PCL
  • De Heus Voeders BV
  • Farmers Grain Co.
  • ForFarmers NV
  • Godrej Agrovet Ltd.
  • GRAND MASTER
  • Gujarat Cooperative Milk Marketing Federation
  • J.R. Simplot Co.
  • Kemin Industries Inc.
  • Kolhapur Zilla Sahakari Dudh Utpadak Sangh Ltd.
  • Koninklijke DSM NV
  • Land O Lakes Inc.
  • New Hope Group Co. Ltd.
  • Nutreco NV
  • Provita Eurotech Ltd.

 

This statistical study of the cattle feed market encompasses successful business strategies deployed by the key vendors. The cattle feed market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Adm.com - The company offers cattle feed such as MoorMans, Range Minerals, and Mintrate.
  • Basf.com - The company offers cattle feed such as Lutrell, which has essential nutrients.
  • Cargill.com - The company offers cattle feed such as Nutrebeef, Right Now, and Fescue EMT.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The cattle feed market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Cattle Feed Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the cattle feed market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Cattle Feed Market?

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42% of the market's growth will originate from APAC during the forecast period. India and China are the key markets for cattle feed market in APAC. Market growth in this region will be slower than the growth of the market in North America.

The rising demand for western dairy products such as fermented dairy products such as yogurt and sour milk and product and packaging innovation will facilitate the cattle feed market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 hampered the growth of the regional cattle feed market in 2020.  However, in 2021, the initiation of large-scale COVID-19 vaccination drives by the governments of APAC countries led to the lifting of lockdown restrictions and the resumption of operations in manufacturing units of cattle feed. Furthermore, the market is expected to gain momentum during the forecast period owing to the large consumption of dairy and meat products.

What are the Revenue-generating Type Segments in the Cattle Feed Market?

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The cattle feed market share growth by the dairy segment will be significant during the forecast period. Dairy products are becoming increasingly popular among customers because of their health benefits. There are various types of dairy products available across the world, and consumers choose different ways to consume them. For example, milk is utilized as the primary ingredient in the dessert-manufacturing process in several countries of the world. Moreover, dairy products are becoming daily necessities for humans all over the world, which is one of the primary factors dring the market growth.

This report provides an accurate prediction of the contribution of all the segments to the growth of the cattle feed market size and actionable market insights on post COVID-19 impact on each segment.

 

Cattle Feed Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.55%

Market growth 2022-2026

$ 18.79 billion

Market structure

Fragmented

YoY growth (%)

3.98

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key consumer countries

US, India, China, Brazil, and Argentina

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Archer Daniels Midland Co., BASF SE, Cargill Inc., Charoen Pokphand Foods PCL, De Heus Voeders BV, Farmers Grain Co., ForFarmers NV, Godrej Agrovet Ltd., GRAND MASTER, Gujarat Cooperative Milk Marketing Federation, J.R. Simplot Co., Kemin Industries Inc., Kolhapur Zilla Sahakari Dudh Utpadak Sangh Ltd., Koninklijke DSM NV, Land O Lakes Inc., New Hope Group Co. Ltd., Nutreco NV, and Provita Eurotech Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Cattle Feed Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive cattle feed market growth during the next five years
  • Precise estimation of the cattle feed market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cattle feed industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cattle feed market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Dairy - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Dairy - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Dairy - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Dairy - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Dairy - Year-over-year growth 2021-2026 (%)
  • 5.4 Beef - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Beef - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Beef - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Beef - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Beef - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 India - Market size and forecast 2021-2026
    • Exhibit 66: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.10 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.11 Brazil - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Brazil - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • 7.12 Argentina - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Argentina - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Argentina - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Argentina - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Argentina - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Archer Daniels Midland Co.
    • Exhibit 89: Archer Daniels Midland Co. - Overview
    • Exhibit 90: Archer Daniels Midland Co. - Business segments
    • Exhibit 91: Archer Daniels Midland Co. - Key offerings
    • Exhibit 92: Archer Daniels Midland Co. - Segment focus
  • 10.4 BASF SE
    • Exhibit 93: BASF SE - Overview
    • Exhibit 94: BASF SE - Business segments
    • Exhibit 95: BASF SE - Key news
    • Exhibit 96: BASF SE - Key offerings
    • Exhibit 97: BASF SE - Segment focus
  • 10.5 Cargill Inc.
    • Exhibit 98: Cargill Inc. - Overview
    • Exhibit 99: Cargill Inc. - Product / Service
    • Exhibit 100: Cargill Inc. - Key news
    • Exhibit 101: Cargill Inc. - Key offerings
  • 10.6 De Heus Voeders BV
    • Exhibit 102: De Heus Voeders BV - Overview
    • Exhibit 103: De Heus Voeders BV - Product / Service
    • Exhibit 104: De Heus Voeders BV - Key offerings
  • 10.7 ForFarmers NV
    • Exhibit 105: ForFarmers NV - Overview
    • Exhibit 106: ForFarmers NV - Business segments
    • Exhibit 107: ForFarmers NV - Key offerings
    • Exhibit 108: ForFarmers NV - Segment focus
  • 10.8 Godrej Agrovet Ltd.
    • Exhibit 109: Godrej Agrovet Ltd. - Overview
    • Exhibit 110: Godrej Agrovet Ltd. - Business segments
    • Exhibit 111: Godrej Agrovet Ltd. - Key offerings
    • Exhibit 112: Godrej Agrovet Ltd. - Segment focus
  • 10.9 J.R. Simplot Co.
    • Exhibit 113: J.R. Simplot Co. - Overview
    • Exhibit 114: J.R. Simplot Co. - Product / Service
    • Exhibit 115: J.R. Simplot Co. - Key offerings
  • 10.10 Kemin Industries Inc.
    • Exhibit 116: Kemin Industries Inc. - Overview
    • Exhibit 117: Kemin Industries Inc. - Product / Service
    • Exhibit 118: Kemin Industries Inc. - Key news
    • Exhibit 119: Kemin Industries Inc. - Key offerings
  • 10.11 Koninklijke DSM NV
    • Exhibit 120: Koninklijke DSM NV - Overview
    • Exhibit 121: Koninklijke DSM NV - Business segments
    • Exhibit 122: Koninklijke DSM NV - Key news
    • Exhibit 123: Koninklijke DSM NV - Key offerings
    • Exhibit 124: Koninklijke DSM NV - Segment focus
  • 10.12 Land O Lakes Inc.
    • Exhibit 125: Land O Lakes Inc. - Overview
    • Exhibit 126: Land O Lakes Inc. - Product / Service
    • Exhibit 127: Land O Lakes Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 128: Inclusions checklist
    • Exhibit 129: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 130: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 131: Research methodology
    • Exhibit 132: Validation techniques employed for market sizing
    • Exhibit 133: Information sources
  • 11.5 List of abbreviations
    • Exhibit 134: List of abbreviations
  • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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