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Europe Dairy Cattle Feed Market

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Europe Dairy Cattle Feed Market was worth USD 15.17 billion in 2016 and estimated to be growing at a CAGR of 2.6%, to reach USD 17.25 billion by 2021.
Europe Dairy Cattle Feed Market is Expected to Increase from $15.17 billion in
2016 to $17.25 billion in 2021
The Europe Dairy Cattle Feed Market was worth USD 15.17 billion in 2016 and estimated
to be growing at a CAGR of 2.6%, to reach USD 17.25 billion by 2021. Dairy cattle have a
higher metabolism than the normal cattle. Dairy cattle feed includes a variety of forage
which includes grass, silage, legumes as well as an assortment of grain, soy and other high
energy density diets. Dairy feed is mainly used in cattle farms and animal feeding units.
Dairy cattle feed is made specifically with the aim of improving the production of milk. Dairy
cattle feed is especially rich in carbohydrates, proteins, fats, vitamins and minerals which
are needed for the healthy growth of a milking animal. Common ingredients of cattle feed
include corn-fed, soy feed, rice bran, oilseeds, alfalfa and wheat which is a major ingredient
in almost all varieties of cattle feed due to its property of maintaining proper digestion of
dairy cattle.
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The major factors affecting the Dairy Cattle Feed market is the obvious increase in demand
for milk products. So the rising populations and changing consumption patterns of the
people can be considered as indirect growth factors resulting in an increased demand for
dairy products. Maintaining a healthy diet also prevents metabolic diseases in the herd and
this serves as another growth factor for the market. As for the restraints for the market, the
higher cost for specialized feed is the main one. The prospective advantages of using dairy
cattle feed are also unknown to several regions and farmers still use traditional diets for
their cattle. This lack of awareness among farmers is another restraining factor for the
market.
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The Europe Dairy Cattle Feed market is broadly classified into Vitamins, Trace Minerals,
Amino Acids, Feed Antibiotics, Feed Acidifiers, Feed Enzymes, Antioxidants and Other
Additives based on product type, by ingredient type they are classified into Corn, Soybean
Meal, Wheat, Oilseeds and Grains and Others and based on Application they come under
Dairy Cattle Growth Phase divided into Heifers and Dairy Cows and Others. Based on
geography, the Europe market is divided into Italy, France, UK, Germany and Spain. The
European region has the second highest market share globally only behind the likes of
North America, albeit with a low CAGR rate. The low growth rate of the region can be
attributed to the fact that most countries in the region are in their pinnacle of development
and the room to grow is fast decreasing.
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Market Segmentation
Additive Type
Introduction
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Vitamins
Trace Minerals
Amino Acids
Feed Antibiotics
Feed Acidifiers
Feed Enzymes
Antioxidants
Other Additives
Y-o-Y Growth Analysis, By Additive Type
Market Attractiveness Analysis, By Additive
Type
Market Share Analysis, By Additive Type
Ingredient Type
Introduction
Corn
Soybean Meal
Wheat
Oilseeds and Grains
Others
Y-o-Y Growth Analysis,
By Ingredient Type
Market Attractiveness Analysis, By Ingredient
Market Share Analysis, By Ingredient
Application
Introduction
Dairy Cattle Growth Phase
Heifers
Dairy Cows
Others
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
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The Dairy Cattle Feed market is highly competitive with a large number of players. Key
market players dominating the market with their products include Cargill Incorporated,
Archer Daniels Midland Company, BASF SE, Royal DSM NV, Nutreco NV, Amul, Kent
Nutrition Group, Hi-Pro Feeds LP, Purina Animal Nutrition LLC, Kapila Krishi Udyog Limited
and Agro Feed Solutions.
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Author
Bhargav
Bhargav410   documents Email
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Business and Leadership
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Dairy Cattle Feed Market, feed, Europe Dairy Cattle Feed Market
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