Cattle Feed Market 2024-2028: Size and Monitoring mycotoxin contamination in cattle feed; growth driven by the Type, Some of key Companies Positioned Strategically
The cattle feed market size by Type (Dairy and Beef) and Geography (APAC, North America, Europe, South America, and Middle East and Africa), is forecast to increase by USD 18610.5 million. The market is expected to grow at a CAGR of 4.5% between 2024 and 2028.
- In the cattle feed industry, the presence of natural and intentional pollutants can significantly impact animal productivity and health. Mycotoxins, a category of natural pollutants, are produced by various fungal species that grow on raw materials such as cereals, grains, nuts, spices, fruits, and by-products during pre- and post-harvest stages. Notable mycotoxins found in cattle feed include aflatoxins B1, B2, G1, and G2, patulin, citrinin, ochratoxin A and B, fumonisin B1 and B2, Type A trichothecenes, zearalenone, and emerging mycotoxins like enniatins. These persistent compounds cannot be effectively removed through standard manufacturing methods and may result in reduced animal performance or potential cancer risks.
- The cattle feed market represents a significant business sector, driven by the rising demand for high-quality animal nutrition. Key players in this industry focus on producing feed that optimizes livestock growth and health. Utilizing advanced technologies and innovative formulations, these companies cater to the diverse needs of cattle farmers, ensuring their herds thrive and produce at optimal levels. The market's growth is fueled by factors such as increasing global meat consumption and the expanding dairy industry.
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Some of the Key Companies:
- Archer Daniels Midland Co.
- BASF SE
- Cargill Inc.
- Charoen Pokphand Foods PCL
- De Heus Voeders BV
- Farmers Grain Co.
- ForFarmers NV
- Godrej Agrovet Ltd.
- GRAND MASTER
- Gujarat Cooperative Milk Marketing Federation Ltd.
- J.R. Simplot Co.
- Kemin Industries Inc.
- Kolhapur Zilla Sahakari Dudh Utpadak Sangh Ltd.
- Koninklijke DSM NV
- Land O Lakes Inc.
- New Hope Group Co. Ltd.
- Nutreco N.V.
- Provita Eurotech Ltd.
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