DUBLIN, July 15, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Cattle Feed (Mature Ruminants, Young Ruminants, & Others) Market - Trends & Forecasts to 2018" report to their offering.
Cattle feed additives are supplements used in cattle feed for improving the quality of feed to enhance their yield and health. Cattle feed additive are gaining importance due to functions such as growth promotion, controlling infectious diseases and enhancement of feed digestibility in cattle. The global cattle feed market is expected to grow at a healthy rate due to the increasing demand for meat and concern regarding the health of the cattle.
The cattle feed market is increasing due to the industrialization of dairy and meat. The leading companies in the cattle feed market are continuously adopting new technologies for its manufacturing. The leading manufacturers of cattle meat are increasingly using cattle feed for supplementing the diet of cattle.
The market for the dairy segment was the largest in 2013, and is projected to grow with the increasing demand for milk and dairy products in the industry. The demand for cattle feed is increasing due to its associated benefits such as improved health, increased milk yield, and enhanced quality of meat. The calf feed market is comparatively smaller than feed market, and is projected to grow at the CAGR of 3.4% from 2013 to 2018.
The cattle feed market is projected to reach $187,564.4 million by 2018. This report analyzes the market that is segmented with respect to the main regions of the world. The report provides a comprehensive analysis of the cattle feed market. It categorizes the cattle feed market based on animal type and geography. The increasing demand for meat and rise in consumption of milk and dairy products, has accelerated growth of the cattle feed market.
The cattle feed additive market is estimated to grow along with the growth in cattle feed market. Additives are added to the cattle feed to enhance the nutritious value. Some of the prime additives used across the globe in cattle feed are amino acids, feed antioxidants, and vitamins. It is necessary that the cattle are fed with appropriate nutrients for the proper development of their body.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview-Cattle Feed Market
5 Market Overview-Cattle Feed Additive
6 Cattle Feed Market, By Animal Type
7 Global Cattle Feed Additive Market, By Product Type
8 Cattle Feed Market, By Geography
9 Cattle Feed Additive Market, By Geography
10 Competitive Landscape of Cattle Feed Market
11 Competitive Landscape of Cattle Feed Additive Market
12 Company Profile of Cattle Feed Manufacturing Companies
13 Company Profile of Cattle Feed Additive Manufacturing Companies
- Archer Daniels Midland Company
- CHR. Hansen Holdings
- Cargill, Inc
- Evonik Industries
- Kent Corporation
- Land O'lakes
- Royal DSM
- V. H. Group
For more information visit http://www.researchandmarkets.com/research/d48bzd/cattle_feed
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SOURCE Research and Markets