What Has Been the Growth Trajectory of The Cattle Feed & Feed Additives Market?
The cattle feed & feed additives market has sustained consistent expansion over the past few years, with key drivers being population growth, rising incomes, urbanization, and controlling disease outbreaks.
• In 2024, the market value was approximately $63.8 billion, which saw modest growth to $66.88 billion in 2025, marking a CAGR of 4.8%.
Such growth underscores the increasing importance of maintaining animal health and boosting productivity in the livestock sector.
What Is the Projected Market Size and Growth for the Cattle Feed & Feed Additives Market?
Over the coming years, the cattle feed and feed additives market is projected to witness remarkable growth.
• By 2029, the market size is expected to reach $85.34 billion, with a strong CAGR of 6.3%.
This growth will be driven by sustainable farming practices, health and wellness trends, global trade policies, and climate change concerns. Key trends include innovations in feed additives, alternative protein sources, digitalization in agriculture, and growing consumer demand for transparency.
What Are the Major Drivers of the Cattle Feed & Feed Additives Market?
The continued growth in the livestock and animal husbandry industry is expected to significantly fuel the cattle feed and feed additives market. Cattle feed and feed additives play a crucial role in imparting essential nutrients to farm animals, promoting their faster growth and overall health. For instance, in May 2022, according to Eurostat, the EU had substantial livestock populations, including 142 million pigs, 76 million cattle, 60 million sheep, and 11 million goats. Hence, the burgeoning livestock and animal husbandry industry is a crucial driver for the growth of the cattle feed and feed additives market.
How Is the Cattle Feed & Feed Additives Market Segmented?
The cattle feed & feed additives market addressed in this report is segmented as follows:
1) By Ingredient: Corn, Soybean Meal, Wheat, Oil Seeds and Grains, Other Ingredients
2) By Product: Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Acidifiers, Other Products
3) By Application: Beef Cattle, Dairy Cattle, Calves, Other Applications
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What Trends Are Influencing the Cattle Feed & Feed Additives Market?
Companies in the cattle feed and feed additives market are innovating with new technologies for livestock feed additives, enhancing animal nutrition, growth, and overall productivity. For example, in June 2023, Evonik, a Germany-based chemical company, updated its Biolys product - a source of L-lysine for animal feeds - increasing its L-lysine content to 62.4% from the previous 60%. Such innovations undoubtedly align with the rising global demand for high-quality animal protein while minimizing resource use.
Who Are the Key Players Operating in the Cattle Feed & Feed Additives Market?
Prominent companies operating in the market include:
• Bluestar AdisseoCompany
• The Archer Daniels Midland company
• BASF SE
• Biomin Pte Ltd.
• Cargill Inc.
• DuPont de Nemours Inc.
• Evonik Industries AG
• Koninklijke DSM N.V.
• Solvay SA
• Novozymes A/S
• Chr. Hansen A/S
• Nutreco N.V.
• Kemin Industries Inc.
• Alltech, Land O’Lakes Inc.
• Provimi
• EWOS Group
• Nestlé Purina PetCare Company
Their contributions play a crucial role in shaping the competitive landscape and driving innovations in the market.
Which Region Dominates the Cattle Feed & Feed Additives Market?
In 2024, Asia-Pacific was the largest region in the cattle feed and feed additive market. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa, offering a comprehensive overview of the global market dynamics.
