Market Share of Global Ruminant Feed Industry
The global ruminant feed market is fragmented with some feed manufacturers, while the rest of the market is divided among small companies, mostly feed mills. Around 94% of the market share is occupied by feed mills, while the top five companies account for 6% of the remaining share. Major investments are done by companies in their domestic markets to cater to the local demand. Expansion is the second-most preferred growth strategy, followed by investment, in the global ruminant feed market. In addition to this, various companies are also enhancing production capacities of their existing plants across the world.
Ruminant Feed Market Leaders
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Cargill Inc.
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Land O Lakes Feed
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De Heus
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Archer Daniels Midland
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ForFarmers
*Disclaimer: Major Players sorted in no particular order