Japan Ruminant Methane Reduction Market Size & Outlook
Japan ruminant methane reduction market, 2023-2030 (US$M)
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Japan ruminant methane reduction market highlights
- The Japan ruminant methane reduction market generated a revenue of USD 19.1 million in 2023 and is expected to reach USD 33.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.2% 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 19.1 million |
| Market revenue in 2030 | USD 33.2 million |
| Growth rate | 8.2% (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, Japan accounted for 0.8% 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 Asia Pacific, India ruminant methane reduction market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 32.9 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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Japan 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 91.1% in 2023. Horizon Databook has segmented the Japan ruminant methane reduction market based on feed additives/ supplements, other products covering the revenue growth of each sub-segment from 2023 to 2030.
The development of methane inhibitors and modifiers as feed additives presents promising solutions for reducing methane emissions from ruminants, aligning with Japan's commitment to environmental sustainability & climate action.
Moreover, continuous advancements in methane reduction technologies, including dietary supplements, vaccination strategies, genetic selection, and methanecapturing equipment, are expanding the range of options available to farmers.
Methane is a potent GHG, and the seaweed, Asparagopsis taxiformis, has proven effective in suppressing these emissions when added to cattle feed. Collaborating with dairy farmers, Kajima aims to commercialize this innovation.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan ruminant methane reduction market , including forecasts for subscribers. This country databook contains high-level insights into Japan ruminant methane reduction market from 2023 to 2030, including revenue numbers, major trends, and company profiles.
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Japan ruminant methane reduction market size, by product, 2023-2030 (US$M)
Japan Ruminant Methane Reduction Market Outlook Share, 2023 & 2030 (US$M)
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