North America Ruminant Methane Reduction Market Size, Share & Trends Analysis Report By Product (Feed Additives/Supplements (Microbial-based, Plant-based, and Chemical-based), and Other Products), By Animal Type, By Country and Growth Forecast, 2024 - 2031
The North America Ruminant Methane Reduction Market would witness market growth of 6.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Ruminant Methane Reduction Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,048.9 million by 2031. The Canada market is experiencing a CAGR of 9.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8% during (2024 - 2031).
The adoption of technologies varies across regions, production systems, and livestock sectors due to factors influencing decision-making among producers, policymakers, and stakeholders.
Moreover, the regulatory landscape is significant in driving adoption by setting emissions reduction targets, providing financial incentives, and establishing compliance requirements for methane reduction initiatives in the livestock sector.
The rise in ruminant methane emissions in Canada may prompt government authorities to implement stricter regulations and policies to reduce greenhouse gas emissions from the agricultural sector. According to the Government of Canada, in 2021, agriculture was responsible for 31 percent of Canada’s total methane emissions, mostly from enteric fermentation produced by beef and dairy cattle.
Based on Product, the market is segmented into Feed Additives/Supplements (Microbial-based, Plant-based, and Chemical-based), and Other Products. Based on Animal Type, the market is segmented into Cattle, Sheep, and Goats. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- DSM-Firmenich
- Alltech, Inc.
- Fonterra Co-operative Group Limited
- Elanco Animal Health, Inc.
- Cargill, Incorporated
- Blue Ocean Barns
- CH4 GLOBAL, INC.
- Mootral
- Symbrosia Inc.
- Rumin8 Ltd
By Product
- Feed Additives/Supplements
- Microbial-based
- Plant-based
- Chemical-based
- Other Products
- Cattle
- Sheep
- Goats
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Ruminant Methane Reduction Market, by Product
- 1.4.2 North America Ruminant Methane Reduction Market, by Animal Type
- 1.4.3 North America Ruminant Methane Reduction Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. North America Ruminant Methane Reduction Market by Product
- 4.1 North America Feed Additives/Supplements Market by Region
- 4.2 North America Ruminant Methane Reduction Market by Feed Additives/Supplements Type
- 4.2.1 North America Microbial-based Market by Country
- 4.2.2 North America Plant-based Market by Country
- 4.2.3 North America Chemical-based Market by Country
- 4.3 North America Other Products Market by Region
- Chapter 5. North America Ruminant Methane Reduction Market by Animal Type
- 5.1 North America Cattle Market by Country
- 5.2 North America Sheep Market by Country
- 5.3 North America Goats Market by Country
- Chapter 6. North America Ruminant Methane Reduction Market by Country
- 6.1 US Ruminant Methane Reduction Market
- 6.1.1 US Ruminant Methane Reduction Market by Product
- 6.1.1.1 US Ruminant Methane Reduction Market by Feed Additives/Supplements Type
- 6.1.2 US Ruminant Methane Reduction Market by Animal Type
- 6.2 Canada Ruminant Methane Reduction Market
- 6.2.1 Canada Ruminant Methane Reduction Market by Product
- 6.2.1.1 Canada Ruminant Methane Reduction Market by Feed Additives/Supplements Type
- 6.2.2 Canada Ruminant Methane Reduction Market by Animal Type
- 6.3 Mexico Ruminant Methane Reduction Market
- 6.3.1 Mexico Ruminant Methane Reduction Market by Product
- 6.3.1.1 Mexico Ruminant Methane Reduction Market by Feed Additives/Supplements Type
- 6.3.2 Mexico Ruminant Methane Reduction Market by Animal Type
- 6.4 Rest of North America Ruminant Methane Reduction Market
- 6.4.1 Rest of North America Ruminant Methane Reduction Market by Product
- 6.4.1.1 Rest of North America Ruminant Methane Reduction Market by Feed Additives/Supplements Type
- 6.4.2 Rest of North America Ruminant Methane Reduction Market by Animal Type
- Chapter 7. Company Profiles
- 7.1 DSM-Firmenich
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.6 SWOT Analysis
- 7.2 Alltech, Inc.
- 7.2.1 Company Overview
- 7.2.2 Recent strategies and developments:
- 7.2.2.1 Partnerships, Collaborations, and Agreements:
- 7.2.3 SWOT Analysis
- 7.3 Fonterra Co-operative Group Limited
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
- 7.4 Elanco Animal Health, Inc.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Partnerships, Collaborations, and Agreements:
- 7.4.6 SWOT Analysis
- 7.6 Blue Ocean Barns
- 7.6.1 Company Overview
- 7.7 CH4 GLOBAL, INC.
- 7.7.1 Company Overview
- 7.8 Mootral
- 7.8.1 Company Overview
- 7.9 Symbrosia Inc.
- 7.9.1 Company Overview
- 7.10. Rumin8 Ltd.
- 7.10.1 Company Overview
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook