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North American market holds a significant share due to the large livestock industry and high demand for cattle feed
The North America has a prominent market for cattle feed due to increasing meat consumption, particularly in the United States. Additionally, the United States has strict regulations on meat quality, which ensures that cattle are fed high-quality feed to produce high-quality meat. This drives the demand for premium cattle feed. Furthermore, the region has an extensive and simple supply of raw materials such as maize and dextrose, which are used in cattle feed production.
Moreover, the region is home to several major players, including BASF SE and DSM, which are expanding their operations to meet growing demand. BASF SE, in 2022, announced the expansion of its cattle feed operations in the United States, increasing its enzyme feed production capacity to meet growing demand.
The Asia-Pacific region is another dominant region in the cattle feed market as demand for dairy products has been rising in APAC countries, due to the growing population and increasing purchasing power. This has led to a surge in the production of demand for cattle feed. For instance, Bangladesh's feed industry produced 6.6 million tonnes of livestock feed in 2022 and is expected to reach 10 million tonnes by 2030. Additionally, the cattle rearing industry in the Asia-Pacific region is becoming increasingly industrialised, with larger farms, which has led to a higher demand for specialised cattle feed to improve the health and productivity of the animals.
Cattle Feed Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cattle Feed Market Analysis
8.1 Key Industry Highlights
8.2 Global Cattle Feed Historical Market (2018-2023)
8.3 Global Cattle Feed Market Forecast (2024-2032)
8.4 Global Cattle Feed Market by Cattle Type
8.4.1 Beef
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Dairy
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Cattle Feed Market by Distribution Channel
8.5.1 Offline
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Online
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Cattle Feed Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Cattle Feed Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Cattle Feed Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Cattle Feed Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Cattle Feed Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Cattle Feed Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Archer Daniel Midland Company
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 BASF SE
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Beijing Goke Agriculture Machinary Co. Ltd
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Cargill, Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Charoen Pokphand Foods PCL.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Cattle Feed Market: Key Industry Highlights, 2018 and 2032
2. Global Cattle Feed Historical Market: Breakup by Cattle Type (USD Million), 2018-2023
3. Global Cattle Feed Market Forecast: Breakup by Cattle Type (USD Million), 2024-2032
4. Global Cattle Feed Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5. Global Cattle Feed Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6. Global Cattle Feed Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Cattle Feed Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Cattle Feed Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Cattle Feed Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Cattle Feed Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Cattle Feed Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Cattle Feed Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Cattle Feed Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Cattle Feed Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Cattle Feed Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Cattle Feed Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Cattle Feed Market Forecast: Breakup by Country (USD Million), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2032
19. Europe Historical Price Trends and Forecast 2018-2032
20. Asia Pacific Historical Price Trends and Forecast 2018-2032
21. Latin America Historical Price Trends and Forecast 2018-2032
22. Middle East and Africa Historical Price Trends and Forecast 2018-2032
23. Global Cattle Feed Market Structure
In 2023, the cattle feed market reached an approximate value of USD 71.52 billion.
The market is expected to grow at a CAGR of 3.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 99.81 billion by 2032.
The major drivers of the market include the rising demand for animal produce such as dairy and meat products, expansion of dairy industries, and increasing adoption of scientific methods for cattle management.
Key trends aiding market expansion include the increasing prevalence of animal diseases, rising concerns regarding animal welfare, and the growing demand for nutritious cattle feed.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Dairy and beef are the different cattle types considered in the market report.
The major distribution channels of cattle feed are offline and online.
Key players in the market are Archer Daniel Midland Company, BASF SE, Beijing Goke Agriculture Machinary Co. Ltd, Cargill, Inc., and Charoen Pokphand Foods PCL, among others.
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