Global Ruminant Feed Market 2024-2028
Global Ruminant Feed Market 2024-2028
The ruminant feed market is forecasted to grow by USD 29.2 bn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the ruminant feed market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising concerns over cattle health, growing number of strategic partnerships and acquisitions, and rising demand for precision nutrition.
Technavio's ruminant feed market is segmented as below:
- By Animal Type
- Dairy cattle
- Beef cattle
- Others
- By End-user
- Dairy farm
- Veterinary hospitals
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing demand for meat products as one of the prime reasons driving the ruminant feed market growth during the next few years. Also, increasing investments in the market and rising r and d spending will lead to sizable demand in the market.
The report on the ruminant feed market covers the following areas:
- Ruminant feed market sizing
- Ruminant feed market forecast
- Ruminant feed market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ruminant feed market vendors that include Alltech Inc., Archer Daniels Midland Co., Beneo GmbH, Bentoli, Cargill Inc., Charoen Pokphand Foods PCL, Davidson Brothers Shotts Ltd., Epol, Evonik Industries AG, ForFarmers NV, Godrej Agrovet Ltd., International Flavors and Fragrances Inc., Kamdhenu Cattle Feeds Pvt. Ltd., Kemin Industries Inc., Koninklijke DSM NV, Land O Lakes Inc., Neogen Corp., Perdue Farms Inc., SHV Holdings N.V., and Tyson Foods Inc.. Also, the ruminant feed market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.