Hyderabad, India -- (SBWIRE) -- 03/01/2018 -- According to a new market research report " Dairy Cattle Feed Market By Additive Type (Vitamins, Trace Minerals, Amino Acids, Feed Antibiotics, Feed Acidifiers, Feed Enzymes, Antioxidants And Other Additives), By Ingredient Type (Corn, Soybean Meal, Wheat, Oilseeds And Grains And Others), By Application (Dairy Cattle Growth Phase Divided Into Heifers And Dairy Cows And Others) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)", published by MarketDataForecast.

The Dairy Cattle Feed Market is estimated to grow at a CAGR of 2.7% to reach the valuation of USD 72.21 billion by 2021, from the 2016's valuation of USD 63.2 billion. Increasing awareness among individuals across the globe regarding the usage of natural cattle feed coupled with a rise in the production of milk is fuelling the growth of the market. Growing demand for milk-based products such as butter, ghee, cheese, chocolates, and milk powder etc are also projected to boost the demand for the market. Other prominent factor attributing the growth of the market is the increasing livestock population across the globe. However, the high cost of specialized feed for livestock and lack of awareness among farmers regarding the diet of the cattle are restraining the growth of the market.

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Feed Antibiotics are projected to account for the largest market share in 2016

The fragmentation of Global Dairy Cattle Feed Market is done on the basis of Application, Additive type, and Ingredient type. On the origin of Application, the Dairy Cattle Feed Market is segregated into Heifers and Dairy Cows and Others. On the source of Additive type, the market is segregated into Feed Antibiotics, Antioxidants, Vitamins, Feed Acidifiers, Trace Minerals, Feed Enzymes, Amino Acids, and Other Additives. Deficiency of these additives leads to the reduction in the production of milk. Among these, Feed Antibiotics is projected to command the market share.

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Under the categorization of ingredient type, the Global Dairy Cattle Feed Market is classified as Grains, rice bran, Corn, Oilseeds, Soybean Meal, Wheat, oat hulls, and others. Wheat segment from ingredient type of Dairy Cattle Feed Market is mostly used owing to easy digestion for livestock and it is followed by rice bran because it consists of high nutritional values.
Wheat is approximated to demand the largest share of the market during the forecast period

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North America is predicted to grab the largest share of the market
On the basis of geography, the Global Dairy Cattle Feed Market is studied in the regions of the Middle East and Africa, Europe, Latin America, and Asia-Pacific, North America. The largest share of nearly 36% of the Dairy Cattle Feed Market is held by North America in 2016, followed by Europe and the Asia Pacific. Whereas, The Asia-Pacific is predicted to continue the market growth at a high rate till the end of the forecast period.

The leading players of the industry include Agro Feed Solutions, Archer Daniels Midland Company, Kent Nutrition Group, Kapila Krishi Udyog Limited, Nutreco NV, Cargill Incorporated, Purina Animal Nutrition LLC, Royal DSM NV, Hi-Pro Feeds LP, BASF SE, Amul.

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

Browse Related Reports
Feed Additives Market by Type (Antibiotics, Antioxidants, Amino Acids, Enzymes, Vitamins, Mycotoxin Detoxifiers, Prebiotics, Acidifiers, Probiotics, Feed Pigments, Feed Binders, Flavours and Sweeteners, Feed Minerals),by Livestock (poultry, cattle, swine, aquatic animals), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
https://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/

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