05-Nov-2024
Key Highlights:
The top cattle feed-importing countries are Belgium, the Netherlands, Germany, the United States, and Norway.
As per cattle feed export data, in 2023–2024, the export of cattle feed from India was 796,462.12 metric tonnes, worth USD 445.60 million.
Germany is the largest cattle feed exporter in the world, with an export value of USD 4.76 billion.
The top cattle feed exporters in India are the solvent Extractors Association of India, Saanvi Inc., Kesco Organics exports, DL exports and Imports, and ECO Export
India, which ranks second in the world for farm output, has a strong agricultural foundation. This results in an easily accessible source of raw materials for the manufacturing of cattle feed. India is a significant producer of several crops that are necessary for high-quality feed, including maize, soybeans, and bajra.
In this blog, we will discuss the statistics on cattle feed export from India and opportunities to expand the cattle feed export business. Moreover, you can obtain the list of top cattle feed exporters in India and top cattle feed exporting countries.
The market for cattle feed is anticipated to expand at a compound annual growth rate (CAGR) of 3.92%, from USD 82.72 billion in 2023 to USD 104.18 billion by 2030.
By 2032, the Indian animal feed industry is projected to have grown from its 2023 valuation of INR 1,035.2 billion to INR 1,964.8 billion. Between 2023 and 2032, the market is expanding at a compound annual growth rate (CAGR) of 7.38%.
The following factors are some estimated contributors to the cattle feed market's expansion:
It is anticipated that the requirement to enhance cattle performance and boost their nutritional value will propel market expansion.
The demand for cattle feed is predicted to rise as the number of cattle in emerging countries increases.
The market for cow feed can grow with the backing of government programs and policies that promote animal husbandry and food security.
Demand for animal meat and dairy products is predicted to rise as the middle class grows and becomes more aware of the health advantages of animal-based protein.
Also Read: How India Became a Global Leader in Diamond Export: Key Factors Explained
Although India produces more milk than any other country in the world, the cattle feed sector is still in its infancy and is far from being fully organised and optimised. To meet the 70 million metric tonnes of feed needed domestically, India produces 7.5 million metric tonnes of cow feed annually.
With 32 million metric tonnes produced, India is the sixth-largest producer of cow feed. According to research by a dairy knowledge portal, China is the world's largest producer of cattle feed, with 193 million metric tonnes produced per year.
But the demand for milk is rising, which will ultimately lead to a rise in the number of cattle. The Indian cattle feed sector must upgrade its manufacturing processes and technologies in order to address this issue.
These top cattle feed companies in India contribute to meeting India's domestic and worldwide demand for the product.
Gauri Shankar Cattle fed
Anfotal Nutritions Private Limited
Kisan Fodder Mills, Private Limited
Maharashtra Feeds Private Limited
Bharat Industries
India Poultry Feeds
According to cattle feed export data, 353 Indian cattle feed exporters shipped to 517 buyers. in 2023–2024. Overall, cattle feed export from India had 3.3k shipments in total.
Based on cattle feed exporter data, in 2023–2024, the export of cattle feed from India was 796,462.12 metric tonnes, worth USD 445.60 million.
With its main export destinations being Nepal, Pakistan, and Vietnam, India ranks sixth in the world for cattle feed exports.
Here are the primary types of cattle feed exported from India
Paddy stways
Guar Meal
Maize cattle feed
Buffalo feed
Chana churi
Alfalfa Hay
Soya Lecithin Cattle Feed
Feed Molasses
The HSN code is the standardised numerical code given to classify traded products globally. As per cattle feed export data, here is a list of the cattle feed HSN codes mostly used for cattle feed export from India:
2309: Preparations for a kind used in animal feeding
230990: Others
23099020: Concentrates for compound animal feed
Here is the list of top nations that export cattle feed:
Sr. No. | Top Cattle Feed Exporting Countries | Exporting Value in Billion USD |
1 | Germany | 4.76 |
2 | Netherland | 4.41 |
3 | United States | 4.34 |
4 | France | 3.37 |
5 | China | 3.04 |
Thus, the total value of cattle feed exports in 2023–2024 was approximately US$ 5.96 billion. The largest cattle feed exporter in the world is Germany, a nation in Central Europe. The cattle feed export market globally is dominated by the aforementioned nations. Currently, India is the 6th biggest exporter of cattle feed. The export of cattle feed from India may rank among the biggest, but India needs to explore and reach its full potential.
Moreover, visit our well-known platform Exportimportdata.in to explore India cattle feed export data and find out more about cattle feed export from India, cattle feed exporters in India, and more.
Here is the list of top cattle feed suppliers in India:
Solvent Extractors Association of India
Saanvi inc
Kesco Organics exports
DL exports and imports
ECO Export
Virendra Haribhai Pansara
Kisan Fodder Mills PVT Ltd
LTG Exports
Greensbro Agro products LLP
Dharsini exports
So, these are the top cattle feed exporters in India. Apart from these, many more exporters do export of cattle feed from India in large quantities. To get details about the cattle feed exporter or cattle feed export from India, visit our cattle feed export data on our website, Exportimportdata.in.
In the upcoming years, it is expected that the demand for meat and dairy products will increase dramatically on a global scale. The demand for premium cow feed is therefore expected to rise to a great level. India is also a prominent player in the global cattle feed industry and boasts a robust agricultural economy.
Also, a growing population and increased disposable incomes are driving an increase in the demand for cow feed on a global scale. However, exporting cattle feed from India provides lucrative opportunities for Indian traders to trade worldwide, but they require updated trade insights like cattle feed importers lists, cattle feed exporters lists, HS Codes and much more.
The traders can obtain the cattle feed buyers list from the best market research platform. One of the best import export data provider in India is ExportImportData.in
Here on our platform, you can easily analyze the updated list of cattle feed exporters and importers, cattle feed export data, cattle feed export from India, and HS codes. Also, we have a database of over 100 nations and provide free import-export data online, making it simple for you to obtain global trade information.
Despite the difficulties, India's robust agricultural foundation, government emphasis on innovation, and positive worldwide trends all suggest that the country's exports of cow feed have a bright future. India has the potential to grow into a significant player in the global cattle feed market by overcoming the current obstacles.
Additionally, ensuring product quality and providing great customer service are essential components of creating long-term connections with customers. For more information on the worldwide market insights at your fingertips, visit Exportimportdata.in today if you have any questions about cattle feed export data, cattle feed exporters, or cattle feed export from India.
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Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
In India, commercial production of superior cattle feed is seen as a lucrative enterprise. Prices for cow feed are rising in accordance with the demand for it. The profitability of cattle feeding can generate lakhs of rupees.
By 2032, the Indian animal feed industry is projected to rise from its 2023 valuation of INR 1,035.2 billion to INR 1,964.8 billion. Between 2023 and 2032, the market is expected to expand at a CAGR of 7.38%.
Germany exported cattle feed worth $4.76 billion in 2023–24, making it the biggest exporter of cattle feed in the world.
2309, 230990, and 23099020 are top HS codes associated with cattle feed.
The top nations that import cattle feed from India are Nepal, Pakistan, and Vietnam.