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The ruminant feed market size is estimated to increase by USD 29.20 billion and grow at a CAGR of 4.14% between 2023 and 2028. The growth of the market depends on several factors, such as rising concerns over cattle health, a growing number of strategic partnerships and acquisitions, and rising demand for precision nutrition. Escalating concerns regarding cattle health are driving significant growth in the market. With consumers increasingly informed about livestock diseases, there is a rising demand for high-quality feed ingredients in animal feed to improve meat production quality and safety. Livestock farmers prioritize animal health for sustainable food production and hunger alleviation and incorporate healthy animal feed additives, highlighting the importance of ensuring domestic animal welfare. Additionally, the market sees a rise in partnerships, mergers, and acquisitions aimed at expanding brand portfolios and regional presence. Advancements in feed technologies and adherence to strict government regulations support this growth, promoting environmental sustainability and feed efficiency while enhancing animal health.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Animal Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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