France Ruminant Methane Reduction Market Size & Outlook
France ruminant methane reduction market, 2018-2030 (US$M)
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France ruminant methane reduction market highlights
- The France ruminant methane reduction market generated a revenue of USD 113.2 million in 2023 and is expected to reach USD 185.2 million by 2030.
- The France market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, feed additives/ supplements was the largest revenue generating product in 2023.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Ruminant methane reduction market data book summary
| Market revenue in 2023 | USD 113.2 million |
| Market revenue in 2030 | USD 185.2 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Feed additives/ supplements |
| Fastest growing segment | Other Products |
| Historical data | 2023 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Feed Additives/ Supplements, Other Products |
| Key market players worldwide | DSM Firmenich AG, Elanco Animal Health Inc, Blue Ocean Barns, Alltech, CH4 Global, Mootral, Symbrosia, Fonterra Shareholders Fund, Rumin8, ZELP, Cargills Ceylon, FutureFeed |
Other key industry trends
- In terms of revenue, France accounted for 4.6% of the global ruminant methane reduction market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK ruminant methane reduction market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 185.2 million by 2030.
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Ruminant Methane Reduction Market Scope
Ruminant Methane Reduction Market Companies
| Name | Profile | # Employees | HQ | Website |
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France ruminant methane reduction 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 ruminant methane reduction market will help companies and investors design strategic landscapes.
Feed additives/ supplements was the largest segment with a revenue share of 90.64% in 2024. Horizon Databook has segmented the France ruminant methane reduction market based on feed additives/ supplements, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Consumer preferences for sustainably produced food products, particularly meat & dairy, drive the burgeoning ruminant methane reduction market in France. As consumer awareness of environmental sustainability grows, there is increasing demand for food products with lower carbon footprints, including those produced through methods that mitigate methane emissions from ruminant livestock.
By recognizing this shift in consumer preferences, French farmers are incentivized to implement methane reduction measures to align with market demands and maintain competitiveness, which includes adopting practices such as improved herd management, dietary adjustments, and using methane-reducing feed additives.
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Horizon Databook provides a detailed overview of country-level data and insights on the France ruminant methane reduction market , including forecasts for subscribers. This country databook contains high-level insights into France ruminant methane reduction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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