Global Cattle Feed Market Size & Outlook, 2022-2030
Global cattle feed market, 2018-2030 (US$M)
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Global cattle feed market highlights
- The global cattle feed market generated a revenue of USD 111,649.5 million in 2022 and is expected to reach USD 176,314.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.9% by 2030.
- In terms of segment, amino acid accounted for a revenue of USD 27,332.0 million in 2022.
- Feed Enzymes is the most lucrative additives segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 111,649.5 million |
| Market revenue in 2030 | USD 176,314.7 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Amino acid |
| Fastest growing segment | Feed Enzymes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers |
Other key industry trends
- In terms of revenue, the North America accounted for 15.6% of the global cattle feed market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 1,288.6 million by 2030.
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Cattle Feed Market Scope
Cattle Feed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cattle feed market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cattle feed market will help companies and investors design strategic landscapes.
Amino acid was the largest segment with a revenue share of 24.48% in 2022. Horizon Databook has segmented the Global cattle feed market based on antibiotics, vitamins, antioxidants, amino acid, feed enzymes, feed acidifiers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cattle Feed Additives Outlook (Revenue, USD Million, 2018-2030)
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acid
- Feed Enzymes
- Feed Acidifiers
- Others
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Target buyers of Global cattle feed market databook
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Our clientele includes a mix of cattle feed market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cattle feed market , including forecasts for subscribers. This global databook contains high-level insights into Global cattle feed market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cattle feed market size, by region, 2018-2030 (US$M)
Top 10 countries: Cattle feed market size, 2022 (US$M)
Global cattle feed market share, by additives, 2022 & 2030 (%, US$M)
Cattle feed market: Opportunity assessment by country
Global cattle feed market, by region, 2022 (US$M)
| Additives | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 9,073.4 | 9,553.6 | 9,360.4 | 10,191.3 | 10,897.0 | 11,517.1 | 12,174.3 | 12,871.3 | 13,611.1 | 14,397.0 | 15,232.3 | 16,121.1 | 17,067.3 | 5.7% |
| Europe | 19,600.5 | 20,766.2 | 20,472.4 | 22,427.1 | 24,127.5 | 25,656.6 | 27,286.0 | 29,023.3 | 30,877.0 | 32,856.5 | 34,971.6 | 37,233.2 | 39,653.2 | 6.3% |
| North America | 14,360.1 | 15,164.8 | 14,902.0 | 16,272.7 | 17,450.8 | 18,498.3 | 19,611.4 | 20,795.2 | 22,055.0 | 23,396.9 | 24,827.2 | 26,352.7 | 27,981.2 | 6.0% |
| MEA | 4,684.9 | 4,908.6 | 4,785.5 | 5,184.3 | 5,515.5 | 5,799.9 | 6,099.7 | 6,415.8 | 6,749.5 | 7,102.1 | 7,474.8 | 7,869.2 | 8,286.8 | 5.1% |
| Asia Pacific | 44,867.2 | 47,192.4 | 46,189.6 | 50,236.8 | 53,658.7 | 56,652.5 | 59,821.6 | 63,179.2 | 66,739.2 | 70,516.8 | 74,528.5 | 78,792.0 | 83,326.3 | 5.6% |
| Overall | 92,586.0 | 97,585.6 | 95,710.0 | 104,312.3 | 111,649.5 | 118,124.5 | 124,993.0 | 132,284.7 | 140,031.8 | 148,269.2 | 157,034.4 | 166,368.3 | 176,314.7 | 5.9% |
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