Lucintel Forecasts The Global Ruminant Feed Additive Market To Reach $31 Million By 2035

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According to a market report by Lucintel, the future of the global ruminant feed additive market looks promising with opportunities in the dairy cattle, beef cattle, and calf markets. The global ruminant feed additive market is expected to reach an estimated $31 million by 2035 from $17 million in 2027 with a CAGR of 6.7% from 2027 to 2035. The major drivers for this market are the increasing demand for livestock productivity, the rising focus on animal nutrition, and the growing adoption of feed efficiency additives.
A more than 150-page report to understand trends, opportunity and forecast in global ruminant feed additive market to 2035 by form (dry and liquid), source (synthetic and natural), additive (amino acids, phosphates, vitamins, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, flavors & sweeteners, minerals, and antioxidants), end use (dairy cattle, beef cattle, calf, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the form category, dry is expected to witness higher growth over the forecast period due to longer stability ...
... and convenient storage advantages.
Within the end use category, beef cattle will remain the largest segment over the forecast period due to rising beef production demand.
Download sample by clicking on ruminant feed additive market.
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to expanding livestock farming and increasing feed consumption.
Cargill, ADM, IFF, Evonik Industries AG, BASF SE, DSM, Novozymes are the major suppliers in the ruminant feed additive market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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