The global cattle feed market is projected to record a CAGR of 3.92% during the forecast period due to the growing demand of safe meat across the globe.

Market Research Future has published a cooked research report on the Global Cattle feed market, 2022–2030. The global Cattle feed market is projected to exhibit a CAGR of 3.92% during the forecast period of 2022 to 2030.

Market Research Future has recognized the following companies as the key players in the global Cattle feed market: Land O'Lakes, Inc. (US), Cargill Incorporated (US), BASF SE (Germany), Nutreco (Netherlands), Koninklijke DSM N.V. (Netherlands), Archer Daniels Midland Company (ADM) (US), Alltech Inc. (US), Charoen Pokphand Foods (CPF) (Thailand), Kemin Industries, Inc. (US), and Evonik Industries AG (Germany).

Market Highlights

The global Cattle feed market is projected to be valued at USD 103,888.1 million by 2030, recording a CAGR of 3.92% during the forecast period. Cattle feed is produced either directly or by mixing with concentrators or roughages by the compound feed manufacturers. This is one type of food given to domestic animals especially those in livestock. Rising focus on animal health, growing incidences of disease outbreaks, and an increase in the organized livestock sector among cattle are the major factors that drive the market. Rising demand for milk and dairy products in developing countries may accelerate the growth of the cattle feed global market. However, the rising cost of raw materials is restraining the cattle feed market growth.

Segmental Analysis

The global Cattle feed market has been segmented based on ingredient type, application, and region.

Based on ingredient type,  the global cattle feed market has been segmented into protein meals/cakes, cereals & grains, brans, additives and others. The cereals & grains segment accounted for the largest market share of 29.69% in 2021. Maize and wheat are the common cereals used in cattle feed. In cattle feed, cereals & grains are used in various forms such as ground grain, whole plants harvested before maturity and silage. The plants typically include corn, barley, sorgo. According to the OECD-FAO Agricultural Outlook stats, the global wheat production is projected to increase to 833 Mt by 2027 from 750 Mt in 2017. Maize production is projected to rise by 161 Mt to 1.2 billion tons. Moreover, the maize consumption for animal feed is projected to reach 58% of the total production by 2027 from 56% in 2017. The increasing cattle population along with the increasing need for milk products and meat are anticipated to drive the demand for cereals & grains in cattle feed during the forecast period.

Based on the application, the global cattle feed market has been segmented into beef cattle, dairy cattle, and calves. The dairy cattle segment accounted for a larger market share of 57.15% in 2021. The cattle that are raised for milk production are known as dairy cattle. The increasing demand of milk and milk products such as cheese, butter, yogurt, ice cream, among others is expected to drive the demand for cattle feed among dairy cattle. However, the increasing demand for plant-based milk products such as soy, almond, coconut, and oat milk alternatives are expected to pose a threat for dairy consumption. This will in turn reduce the demand of cattle feed among dairy cattle.

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Regional Analysis

On the basis of region, the Cattle feed market has been categorized as North America, Europe, Asia-Pacific, and the Rest of the World.  As per MRFR analysis, North America accounted market share of 32.20% of the global market in terms of value in 2021 growing at a CAGR of 3.75% during the forecast period. The North American market consists of the US, Canada, and Mexico; it is projected to hold a significant share of the global market during the review period. North America is an attractive market for manufacturers of cattle feed. The significant amount of meat consumption in the region and increasing awareness regarding the origin of consumed products is expected to supplement the growth of the market. In addition, the region has witnessed a considerable surge in the number of millennials, who are forefront consumers of new food & meat products. Therefore, the rise in the millennial population is anticipated to offer remunerative market opportunities. The market for cattle feed in the region is characterized by the presence of large multinational corporations such as Cargill Inc., Land O' Lakes, and ADM, among others, who have a strong presence across the United States and Canada. Asia-Pacific dominates the cattle feed market with a market share of 28.27% with a CAGR of 4.22% during the forecast period 2022-2030. Asia-Pacific is known to be the dominant region in the market share. Asian countries have witnessed a higher rate of traction for dairy products, owing to its increased demand from vegan consumers. The continuous growth of India and Japan in the cattle feed market will reflect the overall growth of this region in the market. High consumption of pork in countries such as China and Japan drive the production of swine feed in this region. Moreover, owing to the increasing trend of pet adoption among the population, the production of pet food is increasing in this region which is contributing to the growth of the Asia-Pacific market. Europe holds a market share of 25.47% of the global market in 2021, growing at a CAGR of 3.80% during the forecast period. The presence of 330 feed mills in Germany will support market growth in Europe. Free trade agreements in the region for the European Union countries will positively influence market growth over the forecast period. In Europe, the production of swine feed, broiler feed, and aqua feed is massively growing which is supporting the growth of the market in this region. Moreover, Europe is the top pet food production region which is adding fuel to the growth of the market in this region. Rest of the World holds a market share of 14.06% of the global cattle feed market in 2021, growing at a CAGR of 3.94% during the forecast period. The market in the rest of the world includes South America, Africa, and the Middle East. In the rest of the world, South America and Africa are making a noticeable mark in the global animal feed market. Brazil and Argentina are the major country-level markets in the region as the meat processing industry in these countries is growing at a significant rate. Increasing production of pet food in this region also plays a vital role in the overall animal feed production in this region. Moreover, in Africa, there is an increase in dairy, layer, and broiler feed production. Brazil and Argentina are the largest feed-producing countries, thus contributing a significant share in the cattle market in South America.

Key Findings of the Study:

• The global cattle feed market is projected to register a growth rate of 3.92% from 2022 to 2030.


• The cereals & grains segment is estimated to retain its dominance with a share of 29.69% in 2021, whereas the brans segment is likely to register a higher CAGR of 4.50% during the forecast period.


• The dairy cattle segment accounted for the largest market share of 57.15% in 2021 and is likely to register a CAGR of 3.97% during the forecast period.