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Ruminant Methane Reduction Market Trends

  • Report ID: GMI10442
  • Published Date: Jul 2024
  • Report Format: PDF

Ruminant Methane Reduction Market Trends

Technological advancements in the market are revolutionizing the agricultural industry, providing effective solutions to significantly decrease methane emissions from livestock. This progress is driven by a combination of innovative feed additives, precision farming technologies, genetic improvements, microbial interventions, and advanced data analytics.
 

  • Advanced sensors are being developed and deployed to continuously monitor methane emissions from livestock in real-time. These sensors provide valuable data that helps farmers make informed decisions about feed and management practices to reduce emissions. For example, companies are deploying wearable sensor devices on cattle that continuously track methane levels and transmit data to cloud-based platforms for analysis.
     
  • Feed additives are crucial in reducing methane emissions from ruminants. By inhibiting methane-producing enzymes in the gut, these additives can significantly lower methane output. For instance, Asparagopsis taxiformis, a type of seaweed, can reduce methane emissions by up to 80% when added to cattle feed. This significant reduction suggests a promising market growth potential for feed additives aimed at methane reduction.
     
  • Further, development of vaccines that target methanogenic archaea can help reduce methane emissions. These vaccines make the animal's immune system produce antibodies that attack and reduce methane-producing microbes in the rumen. This method could significantly lower methane emissions from ruminants, boosting market growth.
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Ruminant methane reduction industry size was valued at around USD 2.6 billion in 2023 and is estimated to record 7.3% CAGR from 2024 to 2032, backed by rising awareness and demand for sustainable livestock farming, and increased R&D activities.

The feed additives/supplements segment is predicted to reach USD 2.2 billion by 2032 as they target specific enzymatic pathways involved in methane synthesis, leading to measurable reductions in emissions.

The ruminant methane reduction market in the U.S. is projected to reach USD 1.7 billion by 2032, being a global leader in agricultural technology and innovation, backed by robust R&D capabilities in agriculture and environmental sciences.

ALTECH Co., Ltd., Blue Ocean Barns, CH4 GLOBAL, INC., Cargill, Incorporated, dsm-firmenich, Elanco Animal Health Incorporated, Fonterra Co-operative Group Limited, FutureFeed Pty Ltd, Mootral, Rumin8 Ltd, Symbrosia Inc., and ZELP LTD.

Ruminant Methane Reduction Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 227
  • Countries covered: 23
  • Pages: 178
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