Cattle Feed Market Report 2021, By Segmentations, Key Company Profiles And Demand Forecasts 2021 – 2027

Precision Business Insights published a research report on “Cattle Feed Market: By Animal Type (Mature Ruminants, Young Ruminants, Others), By Additives (Amino Acids, Feed Antibiotics, Feed Enzymes, Antioxidants, Trace Minerals, Others), By Ingredient Type (Grains, Brans, Protein Meals/Cakes, Agro-Industrial By-Products), By Application (Beef Cattle, Dairy Cattle, Calves, Others), and Geography - Global/Region/Country Forecast to 2027”.

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Animal feed, primarily livestock feed, is the nourishment given to domestic animals. Livestock feed is a critical component of animal husbandry and is responsible for the bulk of animal production. One of the most important elements influencing the livestock industry's growth is animal healthcare awareness. Animal health is heavily reliant on well-balanced dietary feed. Vitamins, grains, cakes, and mineral mixes are used in cattle feed to provide a rich number of vitamins, minerals, protein, and energy. Mineral packs and Vitamin A products, such as Availa-4 and 20-10 Plus Mineral, are generally used to boost immune function, breeding, and eyesight in cattle, as well as to minimize deficits. legumes, Silage, fodder, and grass are commonly used in cattle feed, as well as dry and hay forages.

Public awareness of the nutritional quality and safety of milk and meat, as well as a recent illness outbreak in cattle, are some of the market's primary drivers. Furthermore, as need for milk and meat grows in most parts of the globe, producers are becoming more concerned about the health and yield of their cattle, which benefits the worldwide cow feed and feed additives industry. One of the biggest difficulties facing the business is the rise in raw material prices. The rising demand for cattle feed from emerging economies such as China, Brazil, and India, on the other hand, is creating new growth possibilities for the cow feed and feed additives industries. Manufacturers are improving their manufacturing technologies to save money and increase capacity.

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Cattle feed market is fragmented on the basis of, additives, ingredient type, application, animal type and end-user. In terms of ingredient type, the cattle feed market is divided into grains, protein meals/cakes, cereals brans, agro-industrial by-products, additives, and others. On the basis of additives, the cattle feed market is categorized into, trace minerals, vitamins, feed antibiotics, amino acids, feed enzymes, feed acidifiers, binders, antimicrobials, antioxidants, and other additives. In terms of application, the cattle feed market is classified into dairy cattle, beef cattle, calves, and others. The cattle feed market is also divided in terms of end-user. The end-user is segmented into fodder, feed, agro-based, and others. On the basis of animal type, the cattle feed market is segregated into young ruminants and mature ruminants.

Due to the expansion of the dairy industry and rising levels of disposable income, India and China lead the Asia-Pacific cattle feed market, whereas the Europe area is expected to expand in the forecast period due to the high consumption of meat products in the region. Owing to the rising demand of beef in the region, which enhances the need to enhance livestock output and offer higher quality products, the market in North America is expected to retain a considerable proportion by the end of 2029.

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