Ruminant Methane Reduction Market Size

Ruminant Methane Reduction Market Size

Ruminant methane reduction market size was valued at around USD 2.6 billion in 2023 and is estimated to grow at 7.3% CAGR from 2024 to 2032. Ruminant methane reduction focuses on techniques and technologies aimed at curbing methane emissions from livestock such as cattle, sheep, and goats.

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Methane, a potent greenhouse gas, is predominantly produced during the digestive processes of these animals. Given its global warming potential (GWP) is approximately 28 times greater than that of carbon dioxide, methane stands out as a significant contributor to climate change on a global scale.
 

Increased research and development (R&D) activities are driving the growth of this market. The agricultural sector is working with research projects to reduce methane emissions from cattle feedlots. Companies are investing in research to create eco-friendly solutions that also improve productivity. For example, in May 2023, Nissui Corporation invested in Immersion Group, an Australian startup that grows Asparagopsis, a type of red seaweed known for reducing methane emissions from ruminants.
 

Furthermore, presence of stringent environmental regulations and policies, rising awareness and demand for sustainable livestock farming, and advancements in ruminant methane reduction technologies, are the promoting factors advancing the growth of the market.