Cattle Feed Market Size, Share, Analysis 2022

The global cattle feed market size was valued at USD 71,963.4 million in 2021 and is poised to grow at a significant CAGR of 2.6% during the forecast period 2022-28. Due to increased demand for feed to enhance nutritional value and increase cattle efficiency, the worldwide cattle feed industry is predicted to rise significantly. Cattle protein consumption, on the other hand, is a nutritional requirement for consumers, particularly the millennial generation. Livestock products are contributed to around 40% of the total agricultural output in global sales and are experiencing faster growth as compared to any agricultural sub-sector.