The revenue share of the global cattle mineral feeder market is expected to rise from USD 210 million in 2023 to USD 402 Million by 2033. Over the forecast period, a sizable CAGR of 6.7% is anticipated for the industry.
Mineral Feed is Crucial for Cattle Health
Mineral feed is a concentrated kind of food that is fed to a variety of animals, including cows, calves, sheep, goats, pigs, birds, and rabbits. Healthy and fit cattle can produce milk more affordably and with superior livestock production outcomes. Cattle on dairy farms are fed mineral feed to produce high-quality milk. Both the health and milk production of female cattle is enhanced by mineral feeding. Cattle can properly ingest the mineral feed with the help of mineral feeders.
Additionally, mineral feed offers several benefits. It improves the ability of cattle to reproduce, encourages healthy bone development, and strengthens their immune systems and fecundity. Cattle are fed mineral feed by combining it with grass hay in a mineral feeder. Over the forecast period, the market for cattle mineral feeders is anticipated to be driven by their efficient performance.
Numerous factors can be attributed to the market's rapid growth including new product launches and ongoing technological advancements in the management of feeding cattle. Moreover, an increase in the number of dairy farms worldwide and significant cost savings related to the management of livestock feeding also push the market expansion.
Additionally, the preference for cattle mineral feeder is likely to grow owing to the standardization of systems for better performance. Reduction in time is expected to encourage cattle owners to utilize a variety of feeding equipment for their animals including mineral feeders.
With a positive economic prognosis, in the long run, the demand for cattle mineral feeders is projected to have a gradual rebound in the short term. There is increased consumer comprehension of the value of feed additives for cattle, and this market is expanding by a considerable proportion.
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The increased emphasis on farm animal nutrition is a result of the industrialization of livestock production. This is taking place to fulfill the rising need for animal protein sources. This is likely to increase the sales of cattle mineral feed. This trend is predicted to propel the global market for cattle mineral feeders to a healthy rate of development. The feeder is crucial when dealing with loose minerals, particularly for weather protection.
Farm animals do not receive enough minerals from their typical diet, thus feed supplements are required to meet their needs. It is anticipated that the demand for premium meat from the meat processing sector would increase feed mineral consumption even further. Rising consumer demand for animal products such as meat, milk, cotton, and beef has also stimulated the market for mineral feed additives. This in turn is likely to open up opportunities for the cattle mineral feeder market players.
| Attributes | Details |
|---|---|
| Cattle Mineral Feeder Market Value (2023) | USD 210 Million |
| Cattle Mineral Feeder Market Expected Value (2033) | USD 402 Million |
| Cattle Mineral Feeder Market Projected CAGR (2023 to 2033) | 6.7% |
The cattle mineral feeder market is expected to thrive at a CAGR of 6.7% between 2023 and 2033. Historically, the market value of cattle mineral feeders showed decent growth from 2016 to 2022, exhibiting a CAGR of 6.0%.
One of the main reasons propelling the growth of the feed mineral feeder market is the rise of feed production across the globe. The population's growing concern for the welfare of animals and the standardization of meat products both have an impact on the market.
| Historical CAGR (2016 to 2022) | 6.0% |
|---|---|
| Forecast CAGR (2023 to 2033) | 6.7% |
Short Term (2023 to 2026): The cattle mineral feeder market is expected to be impacted by advances in animal husbandry and increasing demand for better-quality animal products.
Medium Term (2026 to 2029): Market participants are likely to profit from the rising demand for nutritional supplements for monogastric animals and a trend toward natural growth boosters. This is expected to increase the adoption of mineral feeders for cattle.
Long Term (2029 to 2033): Market expansion is expected to accelerate by rising livestock-based product demand and consumption as well as the use of cutting-edge animal husbandry techniques to enhance the quality of meat.
On the back of these aspects, the cattle mineral feeder market is expected to develop nearly 2X between 2023 and 2033. As per the FMI market analyst, a valuation of USD 402 by 2033 end is projected for the market.
| Year | Valuation |
|---|---|
| 2016 | USD 138.8 Million |
| 2021 | USD 185.7 Million |
| 2022 | USD 196.8 Million |
| 2023 | USD 210 Million |
| 2033 | USD 402 Million |
Principal Consultant
North America led the global cattle mineral feeder market in 2022, and it is anticipated to continue to do so over the forecast period. The region's need for meals containing animal-sourced protein is being driven by the expanding fast food and food processing industries. This tendency is expected to continue. This will raise the need for feed additives because they offer nutritive advantages and help avoid animal illnesses. Thus, the adoption of cattle mineral feeders is anticipated to rise as a result.
In addition to being the market leader in North America, the United States is a prominent player in the global dairy industry. The organic dairy industry in the US is now being driven by several causes. Consumers in the country are switching to organic dairy products as a result of their increased health consciousness.
| Country | United States |
|---|---|
| Market Share (2022) | 26.5% |
| Market Value (2022) | USD 52.1 Million |
The United States is a significant producer of livestock and other animal-based goods in North America, which is one of the world's greatest producers overall. Growing production and consumption of animals and goods derived from livestock in this nation. This has made it possible for livestock farmers to use feed and feed minerals. These are very successful in encouraging healthy animal growth and increasing fertility. Hence, the US cattle mineral feeder market has great potential for market players.
The expansion of the USA cattle mineral feeder market is anticipated to be also fueled by dairy farmers' growing awareness of the safety of animal feed. The market in the United States is anticipated to increase quickly because of the focus placed by governments and international organizations like the Food and Agricultural Organization (FAO) on guaranteeing the safety and health of animal-based commodities for human consumption.
German cattle mineral feeder market is the largest in Europe. The demand for dairy and meat products is rising in Germany. The consumer preference for a diet high in protein is the reason why consumption is increasing quickly. The market is also driven by rising livestock production and a well-established dairy industry. The increased demand for dairy and cattle products has given mineral feed producers a chance to boost cattle productivity. Cattle mineral feeder market expansion will be fueled as a result.
| Country | Germany |
|---|---|
| Market Share (2022) | 17.9% |
| Market Value (2022) | USD 35.2 Million |
Selenium insufficiency is pervasive in German livestock herds, according to research that was published in the MDPI journal "Animals" in June 2021. According to the report, more than one-third of the herds under investigation had insufficiency. German livestock farmers now have a greater understanding of the dietary requirements of animals. The focus on livestock mineral feed and feeders for adequate nutrient intake of animals in Germany is anticipated to expand as a result. This is anticipated to drive the growth of the German cattle mineral feeder market during the anticipated period.
In the UK, virus outbreaks on livestock are a common occurrence. This is motivating farmers to supplement feed with minerals to boost the immune system. As a result, the sales of mineral feed additives have been increasing over the past several years as a result of the increase in animal output and frequent disease outbreaks. This has led to a rise in the sales of cattle animal feeders to provide cattle with proper nutrition in a systematic way.
| Country | United Kingdom |
|---|---|
| CAGR (2023 to 2033) | 7.2% |
| Market Share (2022) | 9.6% |
| Market Value (2022) | USD 18.9 Million |
| Market Value (2033) | USD 37.8 Million |
Moreover, over the forecast period, an increase in dairy farming is anticipated in the nation. The usage of cattle mineral feed and feeders is anticipated to rise as a result. The UK cattle mineral feeder market has a sizable portion of the European market as a result of the country's growing health consciousness and dairy consumption. The country's well-established dairy sectors and technical advancements in the animal feed sector are projected to drive the market in the upcoming years. Increasing public knowledge of the benefits of mineral feed for cattle is also a significant driver expected to force market growth.
China's cattle industry has seen a substantial transition during the past three decades. It has had a tremendous effect on both the domestic and international food supply. In fewer than 30 years, the number of livestock units in China tripled. Additionally, a trend toward high protein food consumption has been brought on by the increase in per capita income. As a result, the cattle industry has been stimulated, leading to a concurrent increase in the demand for cattle mineral feed. Hence, the Chinese cattle mineral feeder market to effect positively as a result of this throughout the forecast period.
| Country | China |
|---|---|
| CAGR (2023 to 2033) | 5.4% |
| Market Share (2022) | 9.1% |
| Market Value (2022) | USD 17.87 Million |
| Market Value (2033) | USD 30.2 Million |
According to FMI research, China's government policies are now having a significant impact on the feed additives business. One of the main drivers propelling the market's growth is the nation's attempts to modernize and discover efficiencies in its methods and structure. Moreover, the rising demand for cattle products to fulfill the population's rising protein demands also led to the adoption of cattle mineral feeders along with the mineral feed.
India produces the highest quantity of milk across the globe. However, milk outputs per cow are poor, and Indian farmers feed their animals with raw agricultural wastes like cotton cake or husks. In the next years, the requirement for mineral feed is projected to rise to boost cattle productivity and satisfy the nation's rising milk demand. This is likely to fuel the market for cattle mineral feeders.
| Country | India |
|---|---|
| CAGR (2023 to 2033) | 7.9% |
| Market Share (2022) | 3.6% |
| Market Value (2022) | USD 7.0 Million |
| Market Value (2033) | USD 15.0 Million |
India has the most livestock animals, such as dairy cattle, according to the FAO agency. The consumption of mineral feed for cattle is a result of the continued rise in demand for milk products and the excessive use of ruminant animals for milk production. The Indian cattle mineral feeder market will continue to increase as a result in the future years. Market expansion in the nation is anticipated to be further aided by rising awareness of cattle health issues, organic cattle products, and advanced feeding equipment.
Furthermore, market participants benefit financially from the proliferation of e-commerce networks in India. Numerous types of cow-feeding equipment, including mineral feeders, are available on websites like Indiamart. As a result, the Indian cattle mineral feeder market offers huge potential to market participants.
According to Livestock Statistics, a report from the Ministry of Agriculture, Forestry, and Fisheries, the entire population of dairy cattle and calves increased by 0.3% yearly as of February 2021. Local farmers are under pressure to expand production to fulfill the rising demand for dairy and meat.
| Country | Japan |
|---|---|
| Market Share (2022) | 4.8% |
| Market Value (2022) | USD 9.4 Million |
Animal husbandry is experiencing a high growth rate at present in Japan. The demand for mineral feed and feeders is anticipated to increase in these conditions. As a result, market players stand to benefit greatly from the Japanese cattle mineral feeders market.
The global market for cattle mineral feeders is segmented based on product type, material, and region.
Stainless Steel Cattle Mineral Feeders are Popular
The best and safest material for feeding cattle is stainless steel. Preference for stainless steel cattle mineral feeders is growing among farmers owing to the huge advantages it provides. The optimum mix of qualities can be found in stainless steel. It is hygienic, which means that no germs will grow on its surface, and it is easily cleanable with soap and water. Also, it is incredibly robust. The stainless steel's adequate corrosion resistance is another advantage. Its durability and capacity to endure heat and fire are unmatched by any other material. Cattle mineral feeders made of stainless steel are becoming ever more popular since they are sustainable and give long-term value.
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The desire for dairy products among consumers worldwide is expected to increase demand for equipment used in dairy farming. Cattle mineral feeders are one of them. Similar to other markets, the cattle mineral feeder market is quite fragmented. In order to succeed in this cutthroat industry, recent newcomers to the cattle mineral feeder industry believe that sharpening their competitive edge is essential.
Top Startup to Pay Attention to
MicroFeeder - Europe
Through a network of distributors, MicroFeeder provides mineral feeders to livestock farmers in Europe and other countries. Its feeders come in variants for use inside stables and outside during grazing and include cutting-edge IoT solutions with personalized dosing as well as free-choice feeders. Its feeders are designed to increase production, improve animal welfare, and increase profitability for livestock owners.
In addition to producing new mineral feeders for cattle, manufacturers work to enhance the products they currently provide on the market. They are also establishing fruitful connections with other businesses engaged in related fields. In order to boost their chances of entering lucrative enterprises, they are forming alliances with other companies.
Sioux Steel Company
Grain bins, bunker walls, structures, and livestock equipment are all produced by Sioux Steel Company. The business provides a variety of feeder alternatives for cattle. The most well-known of its products are its upright and ground mineral feeders.
Century Products
Feeders from Century Products are made of polyethylene and include stainless steel hardware for long-lasting use. To assist them to endure strain and stress, the hay ring ends of the livestock hay feeders are fused together utilizing a butt fusion method. Poly feeders from Century Products are the ideal addition to the stall-feeding apparatus.
AmeriAg
In 1989, T&R Farms in North Carolina's Southern Alamance County was the precursor to AmeriAg. In 1991, T&R Farms started selling supplies and feed for animals. Its livestock mineral feeders are compact, reliable, weatherproof, windproof, inexpensive, multifunctional, and dynamic.
JFC Agri
The JFC Agri Mineral Rocker Supplement Feeder features a self-raising feature. No matter how much the animals jostle it, the feeder always returns to an upright position. The feeder has a high front lip and does not spill its stock of mineral feed. Strong PEHD material is used to create the Mineral Rocker. A cast iron contra weight at the bottom provides the self-raising functionality.
The market for cattle mineral feeders accounted for a market value of USD 210 Million in 2023.
The market for cattle mineral feeders is estimated to record a CAGR of 6.7% during the forecast period.
The market size for cattle mineral feeders is predicted to be valued at USD 402 Million by 2033.
North America dominates the global market for cattle mineral feeders followed by Europe.
1. Executive Summary | Cattle Mineral Feeder Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Macro Minerals 5.1.1. Calcium 5.1.2. Phosphorous 5.1.3. Magnesium 5.1.4. Potassium 5.1.5. Other Macro Minerals 5.2. Micro Minerals 5.2.1. Iron 5.2.2. Copper 5.2.3. Zinc 5.2.4. Other Micro Minerals 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Animal Type 6.1. Ruminant 6.2. Poultry 6.3. Swine 6.4. Aquaculture 6.5. Other Animal Types 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East & Africa (MEA) 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Purina Animal Nutrition LLC 15.2. Nutreco N.V. 15.3. VH Group 15.4. Kemin Industries, Inc. 15.5. Novus International 15.6. Cargill group 15.7. Josera Gmbh & Co. Kg 15.8. Kay Dee Feed Company 15.9. Mole Valley Farmers 15.10. Mercer Milling Company 16. Assumptions & Acronyms Used 17. Research Methodology
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Cattle Mineral Feeder Market
