Ruminant feed market size to grow by USD 27.18 billion from 2022 to 2027: Growth driven by rising concerns over cattle health - Technavio

NEW YORK, Jan. 11, 2023 /PRNewswire/ -- The ruminant feed market is forecasted to grow by USD 27.18 billion from 2022 to 2027. However, the growth momentum will decelerate at a CAGR of 4.44% during the forecast period, according to Technavio. Alltech Inc., Archer Daniels Midland Co., Beneo GmbH, Bentoli, Cargill Inc., Charoen Pokphand Foods PCL, Davidson Brothers Shotts Ltd., Epol, Evonik Industries AG, ForFarmers NV, Godrej Agrovet Ltd., Kamdhenu Cattle Feeds Pvt. Ltd., Kemin Industries Inc., Koninklijke DSM NV, Land O Lakes Inc., Neogen Corp., Perdue Farms Inc., SHV Holdings NV, Tyson Foods Inc., and International Flavors and Fragrances are some of the major market participants. To know about the vendor offerings, request a sample report.

Ruminant feed market 2023-2027: Segmentation highlights

• The ruminant feed market share growth by the dairy cattle segment will be significant. Dairy products are growing in popularity with consumers due to their health advantages. The increasing demand for dairy and milk products in emerging markets can be attributed to segment growth, which, in turn, will boost the growth of the global ruminant feed market during the forecast period.
• 41% of the market's growth will account from APAC during the forecast period. The regional market is expected to grow over the forecast period due to rising meat consumption and strict controls on meat quality. Additionally, the region's easy and abundant access to raw resources like corn will also contribute to market growth.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others, Buy the Report.

Ruminant feed market 2023-2027: Scope

The ruminant feed market report also covers the following areas:

• Porter's five forces analysis
• Customer landscape
• Market trends

Ruminant feed market 2023-2027: Drivers & challenges

The rising concerns over cattle health will fuel the growth of the ruminant feed market. Consumer worries regarding the safety and quality of meat have increased due to the growing consumer knowledge of numerous livestock and dairy diseases, which has led to the use of higher-quality feed ingredients. Since healthy farm animals help to end hunger and provide food sustainably, livestock farmers put a lot of effort into enhancing the health of their livestock. All these factors contribute to the market expansion during the forecast period. 

However, the shifting consumer preferences for vegan food is the major challenge likely to hamper the growth of the ruminant feed market during the forecast period. People are switching to plant-based diets rather than animal-based diets as awareness of the health and cruelty of cattle rises. The rise in consumption and demand for vegan cuisine is mostly due to increased public awareness of the virtues of veganism. Due to the shifting consumer preferences, there is a greater demand for vegan food. Globally rising veganism is expected to reduce the supply and consumption of meat, which will, in turn, decrease demand for ruminants and slow market growth during the forecast period.

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Ruminant feed market 2023-2027: Segmentation analysis

• Animal Type Outlook (USD Billion, 2017 - 2027)
• Dairy cattle
• Beef cattle
• Other animal types
• End-user Outlook (USD Billion, 2017 - 2027)
• Dairy farm
•  Veterinary hospitals
• Other
• Region Outlook (USD Billion, 2017 - 2027) 
• APAC 
• China
• India
• Europe 
• The U.K.
• Germany
• France
• Rest of Europe
• North America 
• The U.S.
• Canada
• South America 
• `Brazil
• Argentina
• Chile
• Middle East & Africa 
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa

Ruminant feed market 2023-2027: Key Highlights

What are the key data covered in this ruminant feed market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the ruminant feed market between 2023 and 2027
• Precise estimation of the size of the ruminant feed market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the ruminant feed market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of ruminant feed market vendors.

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Table Of Contents :

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Animal Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global ruminant feed market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global ruminant feed market 2017 - 2021 ($ billion)

• 4.2 Animal Type Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Animal Type Segment 2017 - 2021 ($ billion)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Animal Type

• 6.1 Market segments 
• Exhibit 30: Chart on Animal Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Animal Type - Market share 2022-2027 (%)

• 6.2 Comparison by Animal Type 
• Exhibit 32: Chart on Comparison by Animal Type
• Exhibit 33: Data Table on Comparison by Animal Type

• 6.3 Dairy cattle - Market size and forecast 2022-2027
• Exhibit 34: Chart on Dairy cattle - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Dairy cattle - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Dairy cattle - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Dairy cattle - Year-over-year growth 2022-2027 (%)

• 6.4 Beef cattle - Market size and forecast 2022-2027
• Exhibit 38: Chart on Beef cattle - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Beef cattle - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Beef cattle - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Beef cattle - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027
• Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Animal Type 
• Exhibit 46: Market opportunity by Animal Type ($ billion)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 49: Chart on Comparison by End-user
• Exhibit 50: Data Table on Comparison by End-user

• 7.3 Dairy farm - Market size and forecast 2022-2027
• Exhibit 51: Chart on Dairy farm - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Dairy farm - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Dairy farm - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Dairy farm - Year-over-year growth 2022-2027 (%)

• 7.4 Veterinary hospitals - Market size and forecast 2022-2027
• Exhibit 55: Chart on Veterinary hospitals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Veterinary hospitals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Veterinary hospitals - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Veterinary hospitals - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 63: Market opportunity by End-user ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Brazil - Market size and forecast 2022-2027
• Exhibit 97: Chart on Brazil - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on Brazil - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on Brazil - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Brazil - Year-over-year growth 2022-2027 (%)

• 9.11 Russia - Market size and forecast 2022-2027
• Exhibit 101: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on Russia - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Russia - Year-over-year growth 2022-2027 (%)

• 9.12 Spain - Market size and forecast 2022-2027
• Exhibit 105: Chart on Spain - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on Spain - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on Spain - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Spain - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Archer Daniels Midland Co. 
• Exhibit 116: Archer Daniels Midland Co. - Overview
• Exhibit 117: Archer Daniels Midland Co. - Business segments
• Exhibit 118: Archer Daniels Midland Co. - Key offerings
• Exhibit 119: Archer Daniels Midland Co. - Segment focus

• 12.4 Beneo GmbH 
• Exhibit 120: Beneo GmbH - Overview
• Exhibit 121: Beneo GmbH - Product / Service
• Exhibit 122: Beneo GmbH - Key offerings

• 12.5 Bentoli 
• Exhibit 123: Bentoli - Overview
• Exhibit 124: Bentoli - Product / Service
• Exhibit 125: Bentoli - Key offerings

• 12.6 Cargill Inc. 
• Exhibit 126: Cargill Inc. - Overview
• Exhibit 127: Cargill Inc. - Product / Service
• Exhibit 128: Cargill Inc. - Key news
• Exhibit 129: Cargill Inc. - Key offerings

• 12.7 Charoen Pokphand Foods PCL 
• Exhibit 130: Charoen Pokphand Foods PCL - Overview
• Exhibit 131: Charoen Pokphand Foods PCL - Business segments
• Exhibit 132: Charoen Pokphand Foods PCL - Key news
• Exhibit 133: Charoen Pokphand Foods PCL - Key offerings
• Exhibit 134: Charoen Pokphand Foods PCL - Segment focus

• 12.8 Epol 
• Exhibit 135: Epol - Overview
• Exhibit 136: Epol - Product / Service
• Exhibit 137: Epol - Key offerings

• 12.9 Evonik Industries AG 
• Exhibit 138: Evonik Industries AG - Overview
• Exhibit 139: Evonik Industries AG - Business segments
• Exhibit 140: Evonik Industries AG - Key news
• Exhibit 141: Evonik Industries AG - Key offerings
• Exhibit 142: Evonik Industries AG - Segment focus

• 12.10 ForFarmers NV 
• Exhibit 143: ForFarmers NV - Overview
• Exhibit 144: ForFarmers NV - Business segments
• Exhibit 145: ForFarmers NV - Key offerings
• Exhibit 146: ForFarmers NV - Segment focus

• 12.11 International Flavors and Fragrances 
• Exhibit 147: International Flavors and Fragrances - Overview
• Exhibit 148: International Flavors and Fragrances - Business segments
• Exhibit 149: International Flavors and Fragrances - Key news
• Exhibit 150: International Flavors and Fragrances - Key offerings
• Exhibit 151: International Flavors and Fragrances - Segment focus

• 12.12 Kemin Industries Inc. 
• Exhibit 152: Kemin Industries Inc. - Overview
• Exhibit 153: Kemin Industries Inc. - Product / Service
• Exhibit 154: Kemin Industries Inc. - Key news
• Exhibit 155: Kemin Industries Inc. - Key offerings

• 12.13 Koninklijke DSM NV 
• Exhibit 156: Koninklijke DSM NV - Overview
• Exhibit 157: Koninklijke DSM NV - Business segments
• Exhibit 158: Koninklijke DSM NV - Key news
• Exhibit 159: Koninklijke DSM NV - Key offerings
• Exhibit 160: Koninklijke DSM NV - Segment focus

• 12.14 Neogen Corp. 
• Exhibit 161: Neogen Corp. - Overview
• Exhibit 162: Neogen Corp. - Business segments
• Exhibit 163: Neogen Corp. - Key news
• Exhibit 164: Neogen Corp. - Key offerings
• Exhibit 165: Neogen Corp. - Segment focus

• 12.15 Perdue Farms Inc. 
• Exhibit 166: Perdue Farms Inc. - Overview
• Exhibit 167: Perdue Farms Inc. - Product / Service
• Exhibit 168: Perdue Farms Inc. - Key offerings

• 12.16 SHV Holdings NV 
• Exhibit 169: SHV Holdings NV - Overview
• Exhibit 170: SHV Holdings NV - Product / Service
• Exhibit 171: SHV Holdings NV - Key offerings

• 12.17 Tyson Foods Inc. 
• Exhibit 172: Tyson Foods Inc. - Overview
• Exhibit 173: Tyson Foods Inc. - Business segments
• Exhibit 174: Tyson Foods Inc. - Key offerings
• Exhibit 175: Tyson Foods Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 176: Inclusions checklist
• Exhibit 177: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 178: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 179: Research methodology
• Exhibit 180: Validation techniques employed for market sizing
• Exhibit 181: Information sources

• 13.5 List of abbreviations 
• Exhibit 182: List of abbreviations

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