Canada Cattle Feed Market Research Report, 2029

From the golden fields of Alberta to the Quebec dairy barns, the Canada cattle feed market is a rich tapestry of innovation, tradition, and deep commitment to animal welfare and sustainability. Sustainability is fast becoming the beacon for the Canadian cattle feed market, with both producers and consumers increasingly demanding environmentally responsible practices. More and more, cattle feed manufacturers now acquire their feed materials through sustainable sourcing. For example, there is food and agricultural waste which has been taken on as a tool to end all waste and make resources more efficient. In addition, new sources for cattle feeds are popularly being sought or considered, such as insect protein and other plants with much lower environmental footprints than traditional feed inputs. All these lead to innovation and research related to the Canadian cattle feed market. Optimization of cattle nutrition by partnerships between a university, a research institution, and an industry group is concentrated on optimizing growth rates as well as milk production. Other research currently under way at these sites concerns the practices of rotational grazing and soil health in order to minimize environmental impacts. Cattle feed is a colossal contributor to the economy in Canada in terms of employment in agriculture, manufacturing, and transportation. The demand for cattle feed stimulates agricultural production, particularly grain and protein sources, thus helping farmers and local economies. The regulatory framework of the Canadian cattle feed market is significant in ensuring safe and high quality feed products. The Canadian Food Inspection Agency (CFIA) monitors feed safety laws that require all cattle feed to be of utmost safety standards and nutritional needs. As consumer preferences vary, they have a dramatic impact on the Canadian cattle feed market. According to the research report "Canada Cattle feed Market Research Report, 2029," published by Actual Market Research, the Canada Cattle feed market is anticipated to add to more than USD 250 Million by 2024–29. Consumer awareness of health has also enhanced their need for meat and dairy products that are rich in quality and nutritional values; hence, demanding the producers to go for some quality sources for feeds that would provide health to animals. Traceability is another trend that is increasingly added as traceability is required by consumers in their food, including cattle feed, for being well versed about the source and process of an item. Ethical and sustainable production practices are in vogue, and the same consumers are opting for those brands advocating animal welfare and environmentally friendly agriculture, thereby boosting competitive advantage to the farmers in this extremely competitive market. Export expansion potential helps the cattle feed market of Canada as it has a vast potential for export of beef and dairy products. At this point, with the increasing demand for quality Canadian beef by countries such as China and Japan, the opportunity that is specifically being portrayed for increased cattle production and feed consumption is there. And apart from these, access to international markets increases with ratification of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Canada-United States-Mexico Agreement (CUSMA), hence opening doors of export markets for the cattle feed producers. Sustainable practices in production from Canadian brands will tap into international premium markets, as consumers will care about having ethical and sustainably sourced food.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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The Canadian cattle feed market is highly diverse and graded into several categories. Categories in this sector include dairy cattle, beef cattle, calves, and others. It mostly consists of dairy cattle. The increasing demand for milk products is up scaling this segment. Standard quality feed mainly comprises grains, protein meals, and supplements useful for milk production and overall health. This is triggered by growing consumer awareness about the quality of dairy products-a factor driving growth in this sector, bringing new innovations in feed formulations to produce enhanced productivity with greater animal health. The beef cattle market is also large due to its rising trend of demand for red meat. There is a trend toward more nutritionally balanced compound feeds that improve growth rates and feed efficiency in such a market. Trend toward intensified beef production requires special feeds that optimize health and productivity. More critical components of the lifecycle of dairy and beef cattle are calf feeds. Nutrition in early life stages is vital to be able to grow and subsequently increase productivity. High-quality starter feeds that will ensure optimal growth rates are now more important as producers strive to get more out of their herd at an earlier age. The group others include poultry and swine, among others, that also require specific feed to meet their specific needs. Feed in Canada is highly controlled to ensure uniformity in terms of quality between the various types of feeds for animals. These reflect different nutritional needs and market dynamics necessitated by consumer demand and livestock production trends. The feed market in cattle is categorized as the main feeds include cereals or grains, protein meals/cakes, additives, forages, and many others. The grains most commonly used in feed include corn, wheat, and barley. Corn is particularly important because it is commonly the primary grain used for all of the beef production systems, especially for back grounding and finishing diets. It can also be processed into many forms, including distiller's dried grains with soluble (DDGS) and corn gluten meal to enhance nutrition. The sources of protein help in the growth of cattle and health are vital to meet and satisfy the cattle's required amino acids to produce muscles and keep them healthy. Protein cakes from ordinary protein meals such as soybean meal, canola meal, and others. A well-balanced diet would be achieved for the different types of cattle, which may be dairy or beef, due to the specific requirement through the use of protein cakes. Feed additives are seen to be integral for improving the nutritional content in cattle feed. Feed additives include vitamins, minerals, amino acids, enzymes, and probiotics. Examples are new innovations such as Bovaer®, newly approved in Canada, which reduces up to 45% of the methane emissions coming from cattle. Such additives are beneficial to animal health and can contribute to sustainability in agribusiness. Forages play a significant role in delivering fiber into cattle diets. Some of the relatively common ones are alfalfa hay and grass silage. These ingredients support the health of the alimentary tract, while also critical to ruminant animals. As this table indicates, the CFIT classifies forages on the basis of their fiber content and nutritional guarantees. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

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Kripa Shah

Senior Analyst

Aspects covered in this report • Cattle Feed market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Dairy Cattle • Beef Cattle • Calves • Others By Ingredients • Cereals/Grains • Protein Meals/ Cackles • Additives • Forages • Others The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

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Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Cattle Feed industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry. ?