Ruminant feed market: APAC will account for 41% of the market growth , Evolving Opportunities with Alltech Inc. and Archer Daniels Midland Co, among others - Technavio

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Feb 20, 2023, 18:30 ET

NEW YORK, Feb. 20, 2023 /PRNewswire/ --The ruminant feed market report has been published by Technavio. Market size is forecast to grow by USD 27.18 billion between 2022 and 2027, at a CAGR of 4.44%. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 35.91 billion. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report

Regional Analysis

Technavio has announced its latest market research report titled Global Ruminant Feed Market 2023-2027

By region, the global ruminant feed market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. APAC will account for 41% of market growth during the forecast period. Factors such as growing meat consumption, along with stringent regulations on meat quality, are expected to drive the growth of the regional market during the forecast years. Additionally, the easy and abundant availability of raw materials such as corn in the region is expected to boost the market growth during the forecast period. Buy the report

Company Profiles

The ruminant feed market report includes information on the key products and recent developments of leading vendors, including:

Archer Daniels Midland Co.: The company offers ruminant feed products such as Pancosma and Wisium.
Beneo GmbH: The company offers ruminant feed products such as Beneo Carb S.
Bentoli: The company offers ruminant feed products such as Metostim Liquid ruminant feed additive.
Cargill Inc.: The company offers ruminant feed products such as Grolux Poultry Integrated Solutions.

Market Dynamics

The market is driven by factors such as rising concerns over cattle health, a growing number of strategic partnerships and acquisitions, and rising demand for precision nutrition. However, shifting consumer preferences for vegan food are hindering the market growth.

Competitive Analysis

The competitive scenario provided in the ruminant feed market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

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Market Segmentation

By animal type, the market is segmented into dairy cattle, beef cattle, and other animal types.
By geography, the market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.
By product, the market is segmented into probiotics, foods, prebiotics, medical food, and others.

Related Reports:

The animal feed vitamin market is estimated to grow at a CAGR of 4.61% between 2021 and 2026. The size of the market is forecast to increase by USD 629.01 million. The rising emphasis on inorganic growth is notably driving the market growth, although factors such as growing consumer inclination toward vegan food may impede the market growth.
The compound feed market is estimated to grow at a CAGR of 4.44% between 2021 and 2026. The size of the market is forecast to increase by USD 8.95 billion. The increasing meat production and consumption is notably driving the compound feed market growth, although factors such as growing consumer inclination toward vegan food may impede the market growth.

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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 market between 2023 and 2027
Precise estimation 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 market across North America, Europe, APAC, 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.

Ruminant feed market Scope
Report Coverage	Details
Page number	158
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 4.44%
Market growth 2023-2027	USD 27.18 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	3.56
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 41%
Key countries	US, China, Russia, Spain, and Brazil
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	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
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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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