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Ruminant Feed Market Share

Report ID: GMI8065
Published Date: Feb 2024
Report Format: PDF

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Ruminant Feed Market Share

Ruminant Feed Company Market Share, (2023)

Key players such as Cargill Inc., Archer Daniels Midland (ADM), and Charoen Pokphand Foods are significant contributors to the market share, leveraging their extensive networks and expertise in feed production. These industry giants emphasize innovation, sustainability, and precision nutrition to meet the evolving demands of modern livestock farming.

Additionally, regional players like De Heus, ForFarmers, and Land O Lakes Feed play essential roles in catering to specific markets, contributing to the overall market fragmentation. Their focus on localized strategies, understanding regional preferences, and compliance with regulatory standards further diversifies the competitive landscape.

The market also features companies with specialized offerings, such as AB Vista in feed additives and Bentoli with a focus on natural solutions. The degree of market fragmentation is evident in the presence of companies like BRF Ingredients, Haid Group, JBS S.A, Muyuan Foods, and New Hope Liuhe, each contributing to the market share with distinct product portfolios and regional expertise.

Ruminant Feed Market Companies

Major companies operating in the ruminant feed industry include:

AB Vista
Archer Daniels Midland (ADM)
Bentoli
BRF Ingredients
Cargill Inc.
Charoen Pokphand Foods
De Heus
ForFarmers
Haid Group
JBS S.A
Land O Lakes Feed
Muyuan Foods
New Hope Liuhe

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of ruminant feed reached USD 521 million in 2023 and is set to witness 3.7% CAGR from 2024 to 2032, propelled by the expanding global population.

Forage feed segment accounted for over 54% market share in 2023, favored by its natural and fibrous composition, promoting healthy digestion and overall well-being in ruminants.

Asia Pacific market crossed USD 178.4 million revenue in 2023, attributed to a substantial population engaged in traditional farming practices.

AB Vista, New Hope Liuhe, Archer Daniels Midland (ADM), Muyuan Foods, Bentoli, Land O Lakes Feed, BRF Ingredients, JBS S.A, Cargill Inc., Haid Group, Charoen Pokphand Foods, ForFarmers and De Heus.