Rising prevalence of chronic diseases among cattle is a key factor driving the global “Ruminant Feed Market Size”, 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.
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Key Players Operating in The Ruminant Feed Market Include:
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
- Kent Corporation
- Charoen Pokphand Foods PCL
- R. Simplot Company
- Incorporated, DSM and others.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/ruminant-feed-market-101186
Highlights of the Report:
- In-depth analysis of various insights, namely, Ruminant Feed Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Ruminant Feed Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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.
In addition, the launch of REP5 program to maximize feed benefits is also predicted to stimulate growth of the ruminant feed market. for instance, Canadian Bio-Systems Inc. launched REP5 program to maximize feed benefits for ruminants through its enhanced product portfolio.
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