Market Overview:
The global cattle feed additives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for meat and dairy products, rising awareness about the benefits of feed additives, and growing livestock population. The cattle feed additives market is segmented by type into acidifiers, antibiotics, antioxidants, and others. The antibiotics segment accounted for the largest share of the global cattle feed additives market in 2017 owing to their ability to improve animal health and performance. The antioxidants segment is projected to grow at the highest CAGR during the forecast period due its ability to improve digestibility of feeds and reduce oxidative stress in animals. The cattle feed additives market is also segmented by application into dairy cattle, beef cattle, calves, and others. Dairy cows account for a major share of the global cattle feed additive demand as they are used for milk production purposes. Beef cows are used for meat production purposes and are expected to witness high growth during the forecast period owingto rising demand from emerging economies such as Chinaand India . Calves are young animals that are raised for meat or milk production purposesthat will eventually become beef or dairy cows respectively; they constitute a significant portionofthe overallcattlefeed additivemarket .
Product Definition:
Cattle feed additives are substances that are added to cattle feeds in order to improve the overall quality of the feed. They may be used to add nutrients, improve the texture or palatability of the feed, or to protect against diseases. The use of cattle feed additives is important because it helps ensure that cattle receive all of the nutrients they need in order to stay healthy and grow properly.
Acidifiers:
Acidifiers are substances that increase the pH of animal feed and thus reduce the acidity. Additives such as phosphates, citric acid, and acetic acid are used for this purpose. The most commonly used acids in animal feed are formic acid, propionic acids (propionate), lactic acid and tartaric acids (tartrate). Acidifiers can be naturally derived or synthetically produced.
Antibiotics:
Antibiotics are the immunity boosters for animals. They are used as feed additives to promote animal health and growth. Antibiotics can be administered in several ways; they can be directly added to the animal's diet, incorporated into carrier oils or medications can be given to animals indirectly by consuming food items that contain antibiotics or antibiotic substances.
The global demand for antibiotics has been on a rise over the past few years owing to its increasing use in aquaculture.
Application Insights:
The dairy cattle application segment accounted for the largest revenue share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for milk and milk products coupled with increasing population of dairy cattle worldwide is anticipated to drive the segment growth during the forecast period.
Dairy cattle require a high amount of nutrients including calcium, phosphorus, potassium, magnesium, sulfur amino acids (isoleucine & lysine) and zinc in their diet to produce quality milk products. These factors are likely to augment product demand from 2018 to 2030 as additives are incorporated into feed mixes on a regular basis by farmers across all regions globally.
Other applications include finishing calves as well as calves that have been weaned but not yet sold or slaughtered for bull meat consumption purposes only (chuletas de Toro).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam among others. These countries are witnessing strong economic growth owing to various factors such as industrial development, urbanization and rising disposable income of consumers. Moreover, increasing meat consumption in this region will boost demand for cattle feed additives over the coming years.
China was one of the largest markets for beef products globally with a share of 25% in 2016 according to data published by Food & Agriculture Organization (FAO). Rising consumer awareness regarding health benefits associated with red meat coupled with growing population has resulted in high demand for these products over past few years which will positively impact industry growth on account of abundant raw material supply as well as low labor cost associated with it compared to other livestock farming activities.
Growth Factors:
- Increasing demand for meat and dairy products from developing countries is expected to drive the cattle feed additives market growth.
- Rising awareness about the benefits of using cattle feed additives is projected to propel the market growth in the near future.
- Growing concerns about animal health and rising incidences of diseases are anticipated to fuel demand for cattle feed additives over the forecast period.
- The increasing use of genetically modified organisms (GMOs) in livestock feed is projected to create new opportunities for cattle feed additive manufacturers in the coming years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Cattle Feed Additives Market Research Report
By Type
Acidifiers, Antibiotics, Antioxidants, Others
By Application
Dairy Cattle, Beef Cattle, Calves, Others
By Companies
Cargill, Incorporated, Archer Daniels Midland Company, Bentoli, Vinayak, Tekro, Growell India, Larrem, Royal DSM, BASF, Nutreco, Charoen Pokphand
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Cattle Feed Additives Market Report Segments:
The global Cattle Feed Additives market is segmented on the basis of:
Types
Acidifiers, Antibiotics, Antioxidants, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dairy Cattle, Beef Cattle, Calves, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- Incorporated
- Archer Daniels Midland Company
- Bentoli
- Vinayak
- Tekro
- Growell India
- Larrem
- Royal DSM
- BASF
- Nutreco
- Charoen Pokphand
Highlights of The Cattle Feed Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acidifiers
- Antibiotics
- Antioxidants
- Others
- By Application:
- Dairy Cattle
- Beef Cattle
- Calves
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cattle Feed Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cattle feed additives are substances that are added to cattle feed in order to improve the animal's health and performance. Common additives include antibiotics, minerals, vitamins, and hormones.
Some of the key players operating in the cattle feed additives market are Cargill, Incorporated, Archer Daniels Midland Company, Bentoli, Vinayak, Tekro, Growell India, Larrem, Royal DSM, BASF, Nutreco, Charoen Pokphand.
The cattle feed additives market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cattle Feed Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cattle Feed Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cattle Feed Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cattle Feed Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cattle Feed Additives Market Size & Forecast, 2018-2028
4.5.1 Cattle Feed Additives Market Size and Y-o-Y Growth
4.5.2 Cattle Feed Additives Market Absolute $ Opportunity
Chapter 5 Global Cattle Feed Additives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cattle Feed Additives Market Size Forecast by Type
5.2.1 Acidifiers
5.2.2 Antibiotics
5.2.3 Antioxidants
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cattle Feed Additives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cattle Feed Additives Market Size Forecast by Applications
6.2.1 Dairy Cattle
6.2.2 Beef Cattle
6.2.3 Calves
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cattle Feed Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cattle Feed Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cattle Feed Additives Analysis and Forecast
9.1 Introduction
9.2 North America Cattle Feed Additives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cattle Feed Additives Market Size Forecast by Type
9.6.1 Acidifiers
9.6.2 Antibiotics
9.6.3 Antioxidants
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cattle Feed Additives Market Size Forecast by Applications
9.10.1 Dairy Cattle
9.10.2 Beef Cattle
9.10.3 Calves
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cattle Feed Additives Analysis and Forecast
10.1 Introduction
10.2 Europe Cattle Feed Additives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cattle Feed Additives Market Size Forecast by Type
10.6.1 Acidifiers
10.6.2 Antibiotics
10.6.3 Antioxidants
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cattle Feed Additives Market Size Forecast by Applications
10.10.1 Dairy Cattle
10.10.2 Beef Cattle
10.10.3 Calves
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cattle Feed Additives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cattle Feed Additives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cattle Feed Additives Market Size Forecast by Type
11.6.1 Acidifiers
11.6.2 Antibiotics
11.6.3 Antioxidants
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cattle Feed Additives Market Size Forecast by Applications
11.10.1 Dairy Cattle
11.10.2 Beef Cattle
11.10.3 Calves
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cattle Feed Additives Analysis and Forecast
12.1 Introduction
12.2 Latin America Cattle Feed Additives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cattle Feed Additives Market Size Forecast by Type
12.6.1 Acidifiers
12.6.2 Antibiotics
12.6.3 Antioxidants
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cattle Feed Additives Market Size Forecast by Applications
12.10.1 Dairy Cattle
12.10.2 Beef Cattle
12.10.3 Calves
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cattle Feed Additives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cattle Feed Additives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cattle Feed Additives Market Size Forecast by Type
13.6.1 Acidifiers
13.6.2 Antibiotics
13.6.3 Antioxidants
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cattle Feed Additives Market Size Forecast by Applications
13.10.1 Dairy Cattle
13.10.2 Beef Cattle
13.10.3 Calves
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cattle Feed Additives Market: Competitive Dashboard
14.2 Global Cattle Feed Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Incorporated
14.3.3 Archer Daniels Midland Company
14.3.4 Bentoli
14.3.5 Vinayak
14.3.6 Tekro
14.3.7 Growell India
14.3.8 Larrem
14.3.9 Royal DSM
14.3.10 BASF
14.3.11 Nutreco
14.3.12 Charoen Pokphand
