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Cattle Feed Market
Cattle Feed Market By Source (Organic, Conventional), Application (Agriculture, Industrial),
Sales Channel (Direct Sales, Indirect Sales) & Region - Forecast 2022 – 2032
March 2022 | REP-GB-14343 |
350 pages
|
Food and
Beverage
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Cattle Feed Market Outlook – 2022-2032
[350 Pages Report] The global cattle feed market size was
estimated at US$ 81.7 Billion in 2022 and expected to reach
US$ 125.8 billion in 2032, at a 4%.
Cattle Feed Market Size Value in 2022
US$ 81.7 billion
Cattle Feed Market Forecast Value in 2032
US$ 125.8
billion
Global Growth Rate (2022 to 2032)
4.0%
Forecast Period
2022-2032
Cattle Feed Market Share of India in South
Asia
~25%
Cattle feed market consists of silage, straw, hay, oils, sprouted
grains, legumes, and other products containing high nutritional
content. This feed is rich in proteins, fibres, carbohydrates,
minerals, enzymes, acidifiers, antibiotics, and antioxidants,
which enables it to enrich animal products, such as milk, eggs,
and meat, as well as providing energy to sustain life processes.
The farmers usually supplement expensive feed with
substitutes, such as food waste from beer brewing, in order to
reduce costs for this food.
Cattle feed is a food that is grown and manufactured specifically
for consumption by ruminants which include giraffes, deer,
cattle, sheep goats, poultry, swine, aquatic animals, and others.
Cattle feed has been touted as a key component deciding the
future of the livestock industry. The demand for current trends
like feed acidifiers, feed enzymes, feed antibiotics, and feed
microbial depends upon how this market performs.
The global market of cattle feed is anticipated to grow at a
CAGR of approx. 4% during the forecast period, accord