Cattle Feed Market: By Ingredient Type (Corn, Soybean meal, Wheat, Other oilseeds & grains, and Other ingredients), By Application (Beef cattle, Dairy cattle, Calves, and Others), By Additive Type (Vitamins, Trace minerals, Amino acids, Feed antibiotics, Feed acidifiers, Feed enzymes, Antioxidants, and Others), and Geography  

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Cattle feed market size was valued at USD 71,963.4 million in 2022 and is anticipated to grow at a significant CAGR of 2.6% from 2023-2029. The Milk Unions/ Federations produce cattle feed that is a well-balanced source of critical nutrients for body maintenance, growth, and milk production. It uses high-quality grains, oil cakes/meals, brans, molasses, salt, minerals, and vitamins. Cattle feed products are comparatively cheaper and hight palatable to the animals. The feed-acidifiers, feed-enzymes, feed-antibiotics, and feed-microbial markets are all expanding in the cattle feed sector. The demand for these developments corresponds to a rise in meat protein intake and a greater emphasis on the quality of the substances used in animal feed. The cattle feed business is expecting rapid growth as milk producers have started replacing traditional feed with more nutritionally balanced compound feed. Because of population increase and lifestyle standards, the cattle market has been compelled to innovate and adapt to meet society's expectations by giving healthy animal feed to livestock animals. As a result, this aspect contributes to the expansion of the cattle feed market. Growth in family yearly income, urbanization, and an expanding human population in developing and established countries are driving up demand for milk and meat, which is expected to rise significantly in the future years. Based on application, the dairy cattle segment is expected to dominate the market throughout the forecast period. The United Nations Food & Agriculture Organization (FAO) projected an increase of 55% in dairy products and 70% in beef products by 2050. The segment's growth can be due to rising demand for dairy and milk products in emerging economies, thus resulting in the augmented industrialization of cattle rearing.

Cattle Feed Market Key Developments:
  • In Oct 2021, BASF and Cargill are expanding their partnership in the animal nutrition business, adding research and development capabilities and new markets to the partners' existing feed enzyme distribution agreements. Together, they will develop, produce, market, and sell customer-centric enzyme products and solutions. The goal is to bring farmers feed innovations that reduce nutrient waste, improve feed efficiency, and promote animal growth and well-being.
  • In June 2020, Royal DSM, a global science-based company in Nutrition, Health, and Sustainable Living, announced that it has reached agreement to acquire Erber Group for an enterprise value of 980m. The transaction which excludes two smaller units in the Erber Group is expected to be earnings enhancing in the first year upon completion.

Global Cattle Feed Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

2.6%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Cattle Feed Market Dynamics

Major development factors include a gradual change from unorganized livestock production to an organized sector and a greater focus on animal health to minimize disease outbreaks. Increased industrialization of livestock production has resulted from the rising population and the need to meet the nutritional and taste requirements of the population in emerging countries. Growth is constrained by the possibility of a negative pricing relationship with end agricultural goods, as well as strict and time-consuming regulatory procedures.

Key Features of the Reports

  • The cattle feed market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.

Global Cattle Feed Market Segmentation

By Ingredient Type
  • Corn
  • Soybean meal
  • Wheat
  • Other oilseeds & grains
  • Other ingredients
By Application
  • Beef cattle
  • Dairy cattle
  • Calves
  • Others
By Additive Type
  • Vitamins
  • Trace minerals
  • Amino acids
  • Feed antibiotics
  • Feed acidifiers
  • Feed enzymes
  • Antioxidants
  • Others

Frequently Asked Questions

The cattle feed market is projected to expand at a CAGR of 2.6% during the forecast period.

The major key players are BASF SE., Cargill, Incorporated., ADM Animal Nutrition., Kemin Industries, Inc., Biomin Holding GmbH.

Asia-Pacific is the fastest-growing region for cattle feed market

1. Executive Summary
2. Global Cattle Feed Market Introduction
2.1. Global Cattle Feed Market - Taxonomy
2.2. Global Cattle Feed Market -Definitions
2.2.1. Raw Material
2.2.2. Animal
2.2.3. Distribution Channel
3. Global Cattle Feed Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Cattle Feed Market Dynamic Factors - Impact Analysis
3.6. Global Cattle Feed Market - Competition Landscape
4. Global Cattle Feed Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Cattle Feed Market Forecast, By Raw Material, 2018 - 2022 and Forecast, 2023 - 2029
5.1. Corn
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Soy Deoiled Cake
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. De Oiled Rice Bran
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Feed Supplements
5.4.1.
5.4.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.1.3. Market Opportunity Analysis
5.4.2. Protein
5.4.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.2.3. Market Opportunity Analysis
5.4.3. Carbohydrates
5.4.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Cattle Feed Market Forecast, By Animal, 2018 - 2022 and Forecast, 2023 - 2029
6.1. Dairy Cattle Feed
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Beef Cattle Feed
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Calf Feed
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Sheep & Goat
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Horse Feed
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Cattle Feed Market Forecast, By Feed Type, 2018 - 2022 and Forecast, 2023 - 2029
7.1. Medicated Feed
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Non-Medicated Feed
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Cattle Feed Market Forecast, By Distribution Channel, 2018 - 2022 and Forecast, 2023 - 2029
8.1. E-commerce
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Specialty Stores
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Others
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
9. Global Cattle Feed Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
9.1. North America
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Cattle Feed Market - Opportunity Analysis Index, By Raw Material, By Animal, By Feed Type, By Distribution Channel, and Region, 2023 - 2029
10. North America Cattle Feed Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
10.1. Raw Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.1. Corn
10.1.2. Soy Deoiled Cake
10.1.3. De Oiled Rice Bran
10.1.4. Feed Supplements
10.1.4.1. Vitamins and mineral
10.1.4.2. Protein
10.1.4.3. Carbohydrates
10.1.5. Others
10.2. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Dairy Cattle Feed
10.2.2. Beef Cattle Feed
10.2.3. Calf Feed
10.2.4. Sheep & Goat
10.2.5. Horse Feed
10.2.6. Others
10.3. Feed Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Medicated Feed
10.3.2. Non-Medicated Feed
10.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. E-commerce
10.4.2. Specialty Stores
10.4.3. Others
10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Cattle Feed Market - Opportunity Analysis Index, By Raw Material, By Animal, By Distribution Channel, and Country, 2023 - 2029
10.7. North America Cattle Feed Market Dynamics - Trends
11. Europe Cattle Feed Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
11.1. Raw Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.1. Corn
11.1.2. Soy Deoiled Cake
11.1.3. De Oiled Rice Bran
11.1.4. Feed Supplements
11.1.4.1. Vitamins and mineral
11.1.4.2. Protein
11.1.4.3. Carbohydrates
11.1.5. Others
11.2. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Dairy Cattle Feed
11.2.2. Beef Cattle Feed
11.2.3. Calf Feed
11.2.4. Sheep & Goat
11.2.5. Horse Feed
11.2.6. Others
11.3. Feed Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Medicated Feed
11.3.2. Non-Medicated Feed
11.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. E-commerce
11.4.2. Specialty Stores
11.4.3. Others
11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Cattle Feed Market - Opportunity Analysis Index, By Raw Material, By Animal, By Distribution Channel and Country, 2023 - 2029
11.7. Europe Cattle Feed Market Dynamics - Trends
12. Asia-Pacific Cattle Feed Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
12.1. Raw Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.1. Corn
12.1.2. Soy Deoiled Cake
12.1.3. De Oiled Rice Bran
12.1.4. Feed Supplements
12.1.4.1. Vitamins and mineral
12.1.4.2. Protein
12.1.4.3. Carbohydrates
12.1.5. Others
12.2. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Dairy Cattle Feed
12.2.2. Beef Cattle Feed
12.2.3. Calf Feed
12.2.4. Sheep & Goat
12.2.5. Horse Feed
12.2.6. Others
12.3. Feed Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Medicated Feed
12.3.2. Non-Medicated Feed
12.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. E-commerce
12.4.2. Specialty Stores
12.4.3. Others
12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Cattle Feed Market - Opportunity Analysis Index, By Raw Material, By Animal, By Distribution Channel and Country, 2023 - 2029
12.7. Asia-Pacific Cattle Feed Market Dynamics - Trends
13. Latin America Cattle Feed Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
13.1. Raw Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.1. Corn
13.1.2. Soy Deoiled Cake
13.1.3. De Oiled Rice Bran
13.1.4. Feed Supplements
13.1.4.1. Vitamins and mineral
13.1.4.2. Protein
13.1.4.3. Carbohydrates
13.1.5. Others
13.2. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Dairy Cattle Feed
13.2.2. Beef Cattle Feed
13.2.3. Calf Feed
13.2.4. Sheep & Goat
13.2.5. Horse Feed
13.2.6. Others
13.3. Feed Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Medicated Feed
13.3.2. Non-Medicated Feed
13.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. E-commerce
13.4.2. Specialty Stores
13.4.3. Others
13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Cattle Feed Market - Opportunity Analysis Index, By Raw Material, By Animal, By Distribution Channel and Country, 2023 - 2029
13.7. Latin America Cattle Feed Market Dynamics - Trends
14. Middle East and Africa Cattle Feed Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
14.1. Raw Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.1.1. Corn
14.1.2. Soy Deoiled Cake
14.1.3. De Oiled Rice Bran
14.1.4. Feed Supplements
14.1.4.1. Vitamins and mineral
14.1.4.2. Protein
14.1.4.3. Carbohydrates
14.1.5. Others
14.2. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Dairy Cattle Feed
14.2.2. Beef Cattle Feed
14.2.3. Calf Feed
14.2.4. Sheep & Goat
14.2.5. Horse Feed
14.2.6. Others
14.3. Feed Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Medicated Feed
14.3.2. Non-Medicated Feed
14.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. E-commerce
14.4.2. Specialty Stores
14.4.3. Others
14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Cattle Feed Market - Opportunity Analysis Index, By Raw Material, By Animal, By Distribution Channel and Country, 2023 - 2029
14.7. MEA Cattle Feed Market Dynamics - Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. J.R Simplot Company
15.2.2. De Heus Animal Nutrition
15.2.3. Land O'Lakes, Inc.
15.2.4. United Farmers Cooperative
15.2.5. Cargill, Incorporated
15.2.6. BASF SE
15.2.7. Kemin Industries, Inc.
15.2.8. Farmer's Grain Company
15.2.9. ADM Animal Nutrition
15.2.10. Kent Nutrition Group.
15.2.11. Nutreco
15.2.12. Biomin Holding GmbH
15.2.13. Royal DSM N.V.
15.2.14. Godrej Agrovet Ltd.
15.2.15. Van Aarsen International
16. Research Methodology
17. Key Assumptions and Acronyms
  • BASF SE (Germany)
  • Royal DSM N.V. (Netherlands)
  • H. Group (India)
  • ADM (United States)
  • Evonik Industries AG (Germany)
  • Friona Industries (United States)
  • Provita Eurotech Ltd (United Kingdom)
  • R Simplot Company (United States)
  • Charoen Pokphand Foods (Thailand)

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