Rising prevalence of chronic diseases among cattle is a key factor driving the global ruminant feed market, says Fortune Business Insights in a report, titled “Ruminant Feed Market Size, Share and Global Trend By Product (Vitamins, Minerals, Antibiotics, Amino Acids), By End-user (Dairy Farm, Veterinary Hospitals, Others) and Geography Forecast till 2026.” Growing adoption of animal farming is expected to contribute positively to the global ruminant feed market. As per the report, the increasing demand for nutritious feed for cattle healthcare is predicted to boost the global ruminant feed market revenue.
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Leading Players operating in the Ruminant Feed Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Land OLakes, Inc.
- BIOMIN Holding GmbH
- Archer Daniels Midland Company
- ForFarmers, Godrej, Kent Corporation
- Charoen Pokphand Foods PCL
- R. Simplot Company, Cargill
- Incorporated, DSM and others.
Launch of RUMIPRO High-Quality Products by Biochem Products B.V. Will Enable Growth
Biochem Products B.V., a feed manufacturer company launched RUMIPRO, a line of high-quality products to address the specific nutritional requirements of ruminants. The launch of RUMIPRO is expected to boost the global ruminant feed market growth. Further, the rising prevalence of chronic diseases among cattle around the world is expected to aid the growth of the global ruminant feed market. The rising adoption of animal farming for higher revenues & productivity is also predicted to stimulate the growth of the global ruminant feed market. The increasing emphasis on livestock health is expected to further augment the growth of the global ruminant feed market. The advantages offered by ruminant feed such as improved cattle immunity as well as higher production is expected to fuel demand, which in, turn, will accelerate growth of the global ruminant feed market.
Ruminant Feed Market Segmentation:
- Amino Acids
- Dairy Farm
- Veterinary Hospitals
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Reasons to Purchase this Report:
- Comprehensive analysis of the Ruminant Feed Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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KEY QUESTIONS ANSWERED:
- What are the key technological and Ruminant Feed Market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
- Why Choose Fortune Business Insights?
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Ruminant Feed Market growth?
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