By 2033, a steady CAGR of 3.5% is anticipated for the industry. According to FMI, the revenue share of the cattle feeder market is expected to rise from US$ 2,980 million in 2023 to US$ 4,204 million by 2033.
The cattle feeding and backgrounding businesses have an impact on the demand for cattle feeders, and those industries' economic conditions have an impact as well. The market for feed acidifiers, feed enzymes, feed antibiotics, and feed microbial is growing along with the cattle feeder business.
Moreover, the demand for these developments is correlated to the rising meat protein intake and the elevated value placed on the quality of the ingredients used in animal feed. The adoption of cattle feeders benefited from the industrialization of cattle products, including meat and dairy products, as well as the rising population.
The revenue generation from the beef sector, technological developments, and government programs to enhance livestock farming are the key growth factors of the cattle feeder market. The sales of cattle feeders are driven by increased demand for meat and animal-based goods, simple accessibility, and growing awareness about animal health & welfare.
In 2017, the United States had 93.7 million cattle, according to the Food and Agriculture Organization (FAO) of the United Nations. It is projected that the rising cattle population is likely to increase the demand for cattle feeders.
| Attributes | Details |
|---|---|
| Cattle Feeder Market CAGR (2023 to 2033) | 3.5% |
| Cattle Feeder Market Size (2023) | US$ 2,980 million |
| Cattle Feeder Market Size (2033) | US$ 4,240 million |
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When compared to the 3.1% CAGR recorded between 2016 and 2022, the cattle feeder business is predicted to expand at a 3.5% CAGR between 2023 and 2033. The average growth of the market is expected to be approx 46% between 2022 and 2033.
| Market Statistics | Details |
|---|---|
| Market Share (2016) | US$ 2,392.6 million |
| Market Share (2021) | US$ 2,791.7 million |
| Market Share (2022) | US$ 2,879.2 million |
Livestock production has become more industrialized as a result of the rising population and the need to meet the dietary and gustatory preferences of the populace in emerging nations. Cattle ranching has always been a backyard occupation in poor nations.
Short-term Growth (2023 to 2026): numerous factors, like the weather, seasonal production patterns, and price expectations, have an impact on marketing in the short term.
Medium-term Growth (2027 to 2029): economic factors assist the profits in a perfectly competitive industry in the coming years. It is expected to fluctuate until there are no net profits or losses in the sector.
Long-term Growth (2030 to 2033): long-term changes in the breeding herd and the calf crop are the main causes of the increased supply of cattle feeders.
Principal Consultant
The manual cattle feeder market segment is anticipated to expand quickly during the projected period of time. But among cow breeders, the acceptance of automatic cattle feeders is growing.
The product reduces labor and feeding time. Additionally, it uses just one hay bale, reducing feed both in terms of quantity and expense.
In addition to improving digestion and metabolism, automatic cattle feeders also save costs and require less work and manpower. Cattle breeders are constantly investing in the creation of automatic cattle grazing equipment that is affordable, highly functional, and long-lasting.
| Countries | Market Value (2022) |
|---|---|
| USA | US$ 770.7 million |
| UK | US$ 255.6 million |
| China | US$ 258.52 million |
| Australia | US$ 85.9 million |
| Germany | US$ 531.2 million |
| Japan | US$ 112.7 million |
| India | US$ 108.7 million |
The US is expected to generate the greatest revenue due to rising beef product demand and increased implementation of cutting-edge automated equipment. In 2022, it holds the largest cattle feeder market share at 26.8%.
In the North American cattle feeder sector, there are many different operators who must deal with variable input and output costs. While most prices, such as feed and loan rates, are set by the key players, new market players of cattle feeders still have amazing opportunities.
On the international beef market, the United States accounts for a sizable portion of imported beef. The United States government is offering incentives for the import of cattle feeder equipment for various uses. This includes cattle ranching and cattle grazing, due to the lack of such equipment in the nation.
Statistical Look at the Market for Cattle Feeders
| Attributes | Statistics |
|---|---|
| UK Market Value 2022 | US$ 255.6 million |
| UK Market Value 2033 | US$ 369.5 million |
| UK Market Share (2023 to 2033) | 8.9% |
| UK Market CAGR (2023 to 2033) | 3.8% |
New items, better stocking practices, advancements in modeling, and other decision-support technologies, encourage the market share of cattle feeders. There is undoubtedly a greater understanding of systems that can handle more factors than previously realized and enable simpler judgments to enable better economic outcomes.
Cattle feeder investors are at ease with technology, but are wary of expenses and would need a more favorable economic outcome to return to the market. On the market for cattle feeder equipment, the European Union (EU) is predicted to experience moderate growth. The EU maintains a major proportion of the global soil pH tester market.
Strict environmental rules in the European Union are anticipated to limit the expansion of the cattle feeder sector. Also, it has an impact on the demand for agricultural and livestock equipment.
| Country | China |
|---|---|
| Market Share (2022) | 9% |
| CAGR (2023 to 2033) | 2.8% |
| Market Value (2033) | US$ 340.9 million |
| Country | India |
|---|---|
| Market Share (2022) | 3.8% |
| CAGR (2023 to 2033) | 4.1% |
| Market Value (2033) | US$ 162.6 million |
Due to accelerating economic expansion and urbanization, China continues to be the world's leading producer of feed and user of cattle feeders. The key factors driving the market are the growing concentration of domestic cattle feeders and government incentives for mechanization due to the expanding population.
The commercial cattle feeder industry in China is vital to the nation's development of the livestock industry and growing export markets for other nations. Due to the extensive impact of African Swine Fever, the Chinese feed business faced a brief blip in 2019. Nevertheless, over the anticipated term, the production of feed is anticipated to resume.
2017 saw the dedication of the feed mill owned by the National Dairy Development Board (NDDB), a national body in India, to Cargill Feed and Food India Pvt. Ltd.
In order to significantly contribute to the agricultural sector, NDDB created an initiative for small-scale dairy producers called the Dairy Entrepreneurship Development Scheme (DEDS). The business has also started a project in Gujarat, India to inform dairy farmers about cutting-edge, cutting-edge dairy farm management techniques.
The market in Japan is growing significantly, with a share of 3.9% and a worth of US$ 112.7 million in 2022. It is anticipated that the industry would develop in the next few years as a result of the increased import of dairy and livestock goods.
Organic feed supplements are likely to grow quickly. Products like blood meal, feather meal, fish meal, flesh & bone meal, and glandular meal are among those found in the organic feed supplement market.
The feed additive is digested by the livestock as a source of protein and fat after being broken down in the stomach. These supplements, which are mostly used in livestock feed, provide quick and effective nutritional absorption in animals. As a result, cattle feeder manufacturers are focusing on feed additives for greater growth.
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New product development and feed system innovations are important market drivers. Cattle feeder businesses are investing in Research and Development to create novel technologies that increase productivity while lowering costs.
System integration and automation continue to be crucial components for lowering costs and raising output for cattle feeders. The growth of feeders may be hampered by less expensive alternatives due to the market issue.
It is expected that these less expensive options cut into the revenues of key companies of cattle feeders. Additionally, less expensive options like plastic feeders are more likely to break and harm cows' digestive systems.
Cattle feeder startups are entering the market with new ideas and innovations. For instance, blockchain applications serve as a launchpad for a new player in the livestock feeder industry.
The business wants to create a transparent and effective method for tracking and regulating the livestock feeder market using blockchain technology. The US-based business has received $1.5 million in startup capital from backers such as Boost VC, Compound VC, and GV.
The business intends to use blockchain to build a decentralized market where feedlots may use smart contracts to acquire and sell cattle feeders. The platform also enables feedlots to trace the cattle's lineage and the conditions of their upbringing. In the first quarter of 2019, the company intends to begin a pilot program in the United States.
Recent Developments
The cattle feeder market is estimated to be worth US$ 2,980 million in 2023.
The cattle feeder market is expected to have a CAGR of 3.5% by 2033.
The cattle feeder market expanded at a share of US$ 2,879.2 million in 2022.
North America accounted for a 26.8% share of the cattle feeder market in 2022.
The UK accounts for 3.8% CAGR in the cattle feeder market by 2033.
1. Executive Summary | Cattle Feeder Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders / Agents / Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Types
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Types, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Types, 2023 to 2033
5.3.1. Manual Feeder
5.3.2. Autonomous Feeder
5.4. Y-o-Y Growth Trend Analysis By Types, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Types, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Animal Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Animal Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Animal Type, 2023 to 2033
6.3.1. Mature Ruminants
6.3.2. Young Ruminants
6.4. Y-o-Y Growth Trend Analysis By Animal Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Animal Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East & Africa (MEA)
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The US
8.2.1.2. Canada
8.2.2. By Types
8.2.3. By Animal Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Types
8.3.3. By Animal Type
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Types
9.2.3. By Animal Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Types
9.3.3. By Animal Type
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. The UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Types
10.2.3. By Animal Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Types
10.3.3. By Animal Type
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Types
11.2.3. By Animal Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Types
11.3.3. By Animal Type
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Types
12.2.3. By Animal Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Types
12.3.3. By Animal Type
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. The US
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Types
13.1.2.2. By Animal Type
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Types
13.2.2.2. By Animal Type
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Types
13.3.2.2. By Animal Type
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Types
13.4.2.2. By Animal Type
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Types
13.5.2.2. By Animal Type
13.6. The UK
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Types
13.6.2.2. By Animal Type
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Types
13.7.2.2. By Animal Type
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Types
13.8.2.2. By Animal Type
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Types
13.9.2.2. By Animal Type
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Types
13.10.2.2. By Animal Type
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Types
13.11.2.2. By Animal Type
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Types
13.12.2.2. By Animal Type
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Types
13.13.2.2. By Animal Type
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Types
13.14.2.2. By Animal Type
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Types
13.15.2.2. By Animal Type
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Types
13.16.2.2. By Animal Type
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Types
13.17.2.2. By Animal Type
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Types
13.18.2.2. By Animal Type
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Types
13.19.2.2. By Animal Type
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Types
13.20.2.2. By Animal Type
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Types
14.3.3. By Animal Type
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Bison Industries Inc.
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. ILgun
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. HE SILOS
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Farmco
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. STALLION
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. SIEPLO
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Ahrens
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Qingdao Wisdom Husbandry Technology Co., Ltd.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Qingdao Kemiwo Industrial Technology Co., Ltd.
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Foshan Bo Jun Precision Sheet Metal Market Co. Ltd
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Cattle Feeder Market
