Arab & Middle East News
(ARABNEWSWIRE.COM, November 27, 2018 ) Dairy Cattle Feed Market Overview
Dairy cattle feed is made specifically with the aim of improving the production of milk. Dairy cattle feed is especially rich in carbohydrates, proteins, fats, vitamins and minerals which are needed for the healthy growth of a milking animal. Common ingredients of cattle feed include corn-fed, soy feed, rice bran, oilseeds, alfalfa and wheat which is a major ingredient in almost all varieties of cattle feed due to its property of maintaining proper digestion of dairy cattle.
Dairy cattle have a higher metabolism than the normal cattle. Dairy cattle feed includes a variety of forage which includes grass, silage, legumes as well as an assortment of grain, soy and other high energy density diets. Dairy feed is mainly used in cattle farms and animal feeding units.
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The major factors affecting the Dairy Cattle Feed market is the obvious increase in demand for milk products. So the rising populations and changing consumption patterns of the people can be considered as indirect growth factors resulting in an increased demand for dairy products. Maintaining a healthy diet also prevents metabolic diseases in the herd and this serves as another growth factor for the market. As for the restraints for the market, the higher cost for specialized feed is the main one. The prospective advantages of using dairy cattle feed are also unknown to several regions and farmers still use traditional diets for their cattle. This lack of awareness among farmers is another restraining factor for the market.
Dairy Cattle Feed Market Forecast Report (2018-2023)
The Middle East and Africa Dairy Cattle Feed Market was worth USD 5.99 billion in 2018 and estimated to be growing at a CAGR of 2.13%, to reach USD 6.66 billion by 2023.
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Dairy Cattle Feed Market Segmentation
The Middle East and Africa Dairy Cattle Feed market is broadly classified into Vitamins, Trace Minerals, Amino Acids, Feed Antibiotics, Feed Acidifiers, Feed Enzymes, Antioxidants and Other Additives based on product type, by ingredient type they are classified into Corn, Soybean Meal, Wheat, Oilseeds and Grains and Others and based on Application they come under Dairy Cattle Growth Phase divided into Heifers and Dairy Cows and Others. Based on geography, the Middle-East & Africa market is analyzed under regions of Middle-East and Africa. The major countries in the region are UAE, Saudi Arabia, Qatar, Egypt and South Africa. The region is the smallest market globally with a growth rate that is also below average.
The major companies dominating this market for its products and services are
Archer Daniels Midland Company
Royal DSM NV
Kent Nutrition Group
Hi-Pro Feeds LP
Purina Animal Nutrition LLC
Kapila Krishi Udyog Limited
Agro Feed Solutions.
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