Ruminant Methane Reduction Market Growth, Size, Trends Analysis- By Product, By Animal Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Ruminant Methane Reduction Market Introduction and Overview
According to SPER Market Research, ‘Global Ruminant Methane Reduction Market Size- By Product, By Animal Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Ruminant Methane Reduction Market is estimated to reach USD 4.97 billion by 2033 with a CAGR of 6.62%.\
Ruminant methane reduction refers to methods and tools designed to reduce the amount of methane that ruminant animals—like sheep, goats, and cattle—emit while they are digesting. The main source of methane, a strong greenhouse gas, is enteric fermentation in the rumen, a section of the animals’ stomachs. This mechanism is a major contributor to global warming since methane has a far greater effect over a shorter period of time than carbon dioxide.
Because the COVID-19 epidemic disrupted supply chains and the demand for a variety of products and treatments, it had a significant impact on the global ruminant methane reduction industry. Early in the pandemic, the development and distribution of feed additives and other methane-reducing technologies were hampered by labor shortages and transportation issues, which slowed the pace of innovation and market uptake. Furthermore, a lot of livestock farmers had financial challenges due to market volatility, which limited their capacity to invest in innovative technology such as those that lower methane emissions.
Scope of the report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product, By Animal Type
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered
Alltech, Blue Ocean Barns, Cargill, Incorporated, CH4 GLOBAL, INC., DSM, Elanco Animal Health Inc, Fonterra Co-operative Group Limited, FutureFeed, Mootral Private, Rumin8 Ltd, Others.
Ruminant Methane Reduction Market Segmentation:
By Product:Based on the Product, Global Ruminant Methane Reduction Market is segmented as; Feed Additives/ Supplements, Others.
By Animal Type:Based on the Animal Type, Global Ruminant Methane Reduction Market is segmented as; Cattle, Sheep, Goats
By Region:This research also include data for North America, Europe, Asia-Pacific Middle East & Africa and South America.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Ruminant Methane Reduction Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Ruminant Methane Reduction Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Ruminant Methane Reduction Market
- 7. Global Ruminant Methane Reduction Market, By Product (USD Million) 2020-2033
- 7.1. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Product, 2020-2026
- 7.2. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Product, 2027-2033
- 7.3. Feed Additives/ Supplements
- 7.3.1. Plant-based
- 7.3.2. Chemical-base
- 7.3.3. Microbial-based
- 7.4. Others
- 8. Global Ruminant Methane Reduction Market, By Animal Type (USD Million) 2020-2033
- 8.1. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Animal Type, 2020-2026
- 8.2. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Animal Type, 2027-2033
- 8.3. Cattle
- 8.4. Sheep
- 8.5. Goats
- 9. Global Ruminant Methane Reduction Market Forecast, 2020-2033 (USD Million)
- 9.1. Global Ruminant Methane Reduction Market Size and Market Share
- 10. Global Ruminant Methane Reduction Market, By Region, 2020-2033 (USD Million)
- 10.1. Global Ruminant Methane Reduction Market Size and Market Share By Region (2020-2026)
- 10.2. Global Ruminant Methane Reduction Market Size and Market Share By Region (2027-2033)
- 10.3. Asia-Pacific
- 10.3.1. Australia
- 10.3.2. China
- 10.3.3. India
- 10.3.4. Japan
- 10.3.5. South Korea
- 10.3.6. Rest of Asia-Pacific
- 10.4. Europe
- 10.4.1. France
- 10.4.2. Germany
- 10.4.3. Italy
- 10.4.4. Spain
- 10.4.5. United Kingdom
- 10.4.6. Rest of Europe
- 10.5. Middle East and Africa
- 10.5.1. Kingdom of Saudi Arabia
- 10.5.2. United Arab Emirates
- 10.5.3. Qatar
- 10.5.4. South Africa
- 10.5.5. Egypt
- 10.5.6. Morocco
- 10.5.7. Nigeria
- 10.5.8. Rest of Middle-East and Africa
- 10.6. North America
- 10.6.1. Canada
- 10.6.2. Mexico
- 10.6.3. United States
- 10.7. Latin America
- 10.7.1. Argentina
- 10.7.2. Brazil
- 10.7.3. Rest of Latin America
- 11. Company Profile
- 11.1. Alltech
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Blue Ocean Barns
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Cargill, Incorporated
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. CH4 GLOBAL, INC.
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. DSM
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Elanco Animal Health Inc
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Fonterra Co-operative Group Limited
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. FutureFeed
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Mootral Private
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Rumin8 Ltd
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Others
- 12. Conclusion
- 13. List of Abbreviations
- 14. Reference Links
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