Cattle Feed & Feed Additives Market Expected to Achieve 6.2% CAGR by 2029: Growth Forecast Insights

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How Large Will the Cattle Feed & Feed Additives Market Size By 2025?
The market size for cattle feed & feed additives has shown consistent expansion over the recent years. The market, worth $63.8 billion in 2024, is projected to reach a value of $66.71 billion in 2025, representing a compound annual growth rate (CAGR) of 4.6%. Factors such as population growth, increasing income levels, urbanization, and disease outbreaks have contributed to the growth witnessed in the past.

How Big Is the Cattle Feed & Feed Additives Market Size Expected to Grow by 2029?
The market for cattle feed & feed additives is projected to experience significant expansion in the coming years, escalating to a value of $84.77 billion in 2029, with a CAGR of 6.2%. Sustainable practices, health and wellness trends, global trade policies, and the impact of climate change are influential factors expected to propel the market growth during the forecast period. The market progress during the forecast span is also expected to be driven by trends such as advancements in feed additives, alternative sources of protein, the digitization of agriculture, and an increased consumer demand for transparency.

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Which Key Market Drivers Powering Cattle Feed & Feed Additives Market Expansion and Growth?
The expansion of the animal husbandry and livestock industry is predicted to stimulate the growth of the cattle feed and feed additives market in the future. Livestock typically includes farm-raised animals such as cattle, sheep, horses, goats, among others. Cattle feed and feed additives, used on farms, not only provide nutrients to the livestock's food but also promote their rapid growth. For example, Eurostat, a Government agency based in Europe, reported in May 2022 that the EU had a considerable livestock population, containing 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. Consequently, the rise in animal husbandry and livestock is fueling the expansion of the cattle feed and feed additives market.

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Which Fast-Growing Trends Are Poised to Disrupt the Cattle Feed & Feed Additives Market?
Leading firms in the cattle feed and feed additives market are concentrating on integrating new technologies like feed additives for livestock. These are aimed to boost animal nourishment, stimulate growth rates, and augment total productivity. Feed additives for livestock aim to enhance growth and health by enriching the nutritional value of the animal feed. For example, in June 2023, Evonik, a chemical firm based in Germany, put forth an improved version of its Biolys product, a vital source of L-lysine for animal feeds. This redefined formulation, which contains 62.4% L-lysine, a rise from the former 60%, endeavors to cater to the nutritional requirements of livestock like swine and poultry more proficiently. The product is concocted through fermentation, transforming dextrose from corn into L-lysine, incorporating essential nutrients and energy beneficial for animals. The revised Biolys not solely ameliorates the efficiency of amino acid delivery, but also falls in line with Evonik's objective to satisfy the escalating worldwide need for premium animal protein whilst curbing resource consumption.

What Are the Emerging Segments in the Cattle Feed & Feed Additives Market?
The cattle feed & feed additives market covered in this report is segmented -

1) By Іngrеdіеnt: Cоrn, Ѕоуbеаn Меаl, Whеаt, Oil Seeds And Grains, Other Ingredients
2) By Product: Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Acidifiers, Other Products
3) By Аррlісаtіоn: Вееf Саttlе, Dаіrу Саttlе, Саlvеѕ, Оthеr Applications

Subsegments:
1) By Antibiotics: Tetracyclines, Penicillins, Macrolides, Sulfonamides
2) By Vitamins: Vitamin A, Vitamin D, Vitamin E, B-complex Vitamins
3) By Antioxidants: Butylated Hydroxyanisole (BHA), Butylated Hydroxytoluene (BHT), Tocopherols
4) By Amino Acids: Lysine, Methionine, Threonine, Tryptophan
5) By Feed Enzymes: Phytase, Cellulase, Protease, Amylase
6) By Acidifiers: Organic Acids, Inorganic Acids
7) By Other Products: Probiotics, Prebiotics, Flavoring Agents

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Who Are the Global Leaders in the Cattle Feed & Feed Additives Market?
Major companies operating in the cattle feed & feed additives market include Bluestar AdisseoCompany, The Archer Daniels Midland company, BASF SE, Biomin Pte Ltd., Cargill Inc., DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM N. V., Solvay SA, Ajinomoto Co. Inc., Novozymes A/S, Chr. Hansen A/S, Nutreco N. V., Kemin Industries Inc., Alltech, Land O'Lakes Inc., Provimi, EWOS Group, Nestlé Purina PetCare Company, ForFarmers NV, Tyson Foods Inc., Wens Foodstuff Group, BRF S. A., Cactus Feeders Inc., The Kent Nutrition Group, Ridley Corporation Limited, JBS Holdings Inc., The Mosaic Company, Nutriad International NV, Phibro Animal Health Corporation, Perdue Farms, Sanderson Farms, Smithfield Foods Inc., Southern States Cooperative, The Scoular Company, Viterra Inc., Wilbur-Ellis Company Inc., Zoetis Inc.

Which are the Top Profitable Regional Markets for the Cattle Feed & Feed Additives Industry?
Asia-Pacific was the largest region in the cattle feed and feed additive market in 2024. The regions covered in the cattle feed & feed additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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