Colombia Cattle Feed Market Research Report, 2029

Colombia is one of the significant agricultural giants in South America, and their emerging livestock sector led to a surge in the demand for quality cattle feed. Cattle feed emerged as a staple solution to meet the specific nutritional needs for dairy and beef cattle. This prepared feed, in sheet form, is a convenient, balanced mix of proteins, minerals, and vitamins for the health, growth, and productivity of livestock. The adoption of cattle feeds in Colombia is mainly to improve milk production and quality of meat, in line with the state's commitment to sustainability in livestock management and precision farming. This sheet form feed reduces wastage associated with traditional loose feed or liquid alternatives and provides a practical feeding method for the Colombian farmer. It is compact and easy to store, making it appropriate for use in large and spread smaller farms across rural Colombia. The cattle feed market in Colombia depends on several factors, including the increasing need for the use of cattle feed to guarantee animal welfare while optimizing feed conversion ratios, and the growing attention being paid to farming practices that are environmentally sustainable. Cattle feed forms an important part of the wider agricultural system underpinning efforts by the country to improve productivity in its livestock sector. The large players in the cattle feed industry in Colombia includes large manufacturers and smaller niche companies that specialize in offering greener, nutrient-argued options. These companies therefore collaborate with research institutes in upgrading their feed formulations, thereby remaining competitive in a market that views sustainability and efficiency highly. According to the research report " Colombia Cattle feed Market Research Report, 2029," published by Actual Market Research, the Colombia Cattle feed market is anticipated to grow at more than 3% CAGR from 2024 to 2029. The market is driven by the trend of sustainable and organic cattle feed, as consumers' awareness of eco-friendly and animal welfare-focused products is likely to boost demand in the future. Against the growing concerns of ecological footprints and emissions among animals, Colombian feeders are now taking more steps to improve on feed alternatives that reduce ecological footprints and result in fewer emissions. This is supported by feed technological innovations, wherein companies create feeds that improve digestion and result in lower methane emissions within the livestock farming sector. On the regulatory front, the government of Colombia has promoted strong policies regarding the quality of cattle feed and animal welfare. The Colombian Agricultural Institute imposes severe standards on agencies to ascertain that cattle feed meets health and safety standards. Besides this, initiatives by the government toward organic farming and reducing the intake of synthetic additives in animal feeds are creating an important shift in the market trend. Technologically, the development of high-performance cattle feeds has optimized the intake of nutrients and production productivity in cattle. Feed processing has gradually been tailored to specific needs in livestock. Such tailored feeding systems can be employed using even more specialized feeding programs.

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The Colombia cattle feed market is diversified into various lines, which are segmented towards different lines of animals for dairy cattle, beef cattle, calves, and other livestock. The leading position of beef cattle in the Colombian cattle feed market is fundamentally driven by increased consumer demand for beef as a staple source of protein and this significantly influences production and consumption behavior. Cattle Sector is among the most vital parts of the agricultural circle in Colombia, accounting for approximately 80% of the country's agricultural land area and supporting over half a million families. The increasing demand for beef due to the change in dietary patterns with greater consumption of animal-based proteins has increased the level of beef consumption to over 651,984 tons in 2023 and 640,862 tons in the previous year. This growth in demand reflects not only consumer preference but also more generally economic trend-the expansion of the middle class and increasingly urbanized populations. The more consumers choose meat products, with beef the most popular one, the greater need on the livestock side is to react by improving production efficiency and nutritional quality through specialized cattle feeds. Beyond, the Colombian government uses policies that encourage self-sufficiency in feed production and sustainable management of the processes to promote growth. Feed formulation innovations focus on reaching the nutritional needs of beef cattle for more developed health and productivity. This approach to quality is important because of the demand to serve both domestic markets and export markets. Furthermore, though poultry is still the largest segment of animal feed also, of course, accounting for roughly 65% of feed imports, beef demand remains high enough to ensure a large chunk of market share for cattle feed. The Major categories that comprise the Colombia Cattle feed market are cereals/grains, protein meals/cakes, additives, forages, and others. Forages have been the leaders in this cattle feed market in Colombia due to the fact that it provides efficient nutrition while at the same time promoting sustainable agricultural practices. This extensive use of forages has been proven to greatly impact the cattle feed market in Colombia. Naturally, large quantities of forages such as grasses and legumes occur in Colombia due to climatic diversity and the country's agricultural richness. This allows farmers to produce several types of forage crops, which are usually the primary source of nutrition for cattle, thereby satisfying their cattle feed needs. Economic considerations are also compelling for the production of forages since it can be locally produced, whereas feed ingredients like corn and soybean have to be imported. This is not only an input boost to the local economy but, also improves the food security aspect of the livestock sector. In addition, forages ensure that farming becomes sustainable since their production improves soil health and reduces environmental impacts from intensive feed production systems. Policy promoting sustainable agriculture and encouraging a far wider use of forages also serves to strengthen the position of Colombian governments in the market. In addition, rising consumers' demand for better quality meat and dairy products obliges producers to raise cattle with diets optimized with nutrient-rich forage that will encourage animal growth rates and stimulate milk production. This trend has significantly been enhanced by the production of high-tech forage management and research into improved varieties of forages, which allow cattle farmers to produce better yields and nutritional quality. In this regard, forages meet not only immediate needs for cattle but also fit into objectives of sustainability and economic viability within a wider agricultural sector in Colombia. 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. ?