Livestock Cake Market: Introduction
A recent study published by Transparency Market Research on the global market for livestock cakes includes North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa industry analysis and opportunity assessment for 2021-2031. With the highest market value share of 27.8%, revenue generated from the East Asia market is estimated to value at US$ 210.3 Mn in 2021, which is projected to rise at a CAGR of 5.5%, to reach US$ 360.7 Mn by 2031.
Increasing Focus on Animal Health to Prevent Outbreak of Diseases to Drive Livestock Cake Market
The immunity of farm animals is affected by unsafe and contaminated feed ingredients, resulting in loss of productivity for farmers. Disease outbreaks have become more common, prompting Livestock farmers to invest in high-quality feed premixes. The shifting consumer preferences for high-quality and safe products are also leading livestock farmers to look for healthy feed products such as soybean cakes, rapeseed cakes, and other oil seed cakes.
Diseases can have an impact on the trade of livestock goods such as dairy, meat, and by-products such as oilseed cakes. Farmers in livestock production are taking extra care to eliminate any heavy metals, high dioxin levels, and mycotoxins present in the feed, which are harmful to the animal health.
Nutritional Benefits of Feeding Oil Seed Cakes to Livestock to Increase Demand
Nutritional benefits associated with the usage of oilseed cakes as animal feed are attracting more farmers involved in livestock farming. The presence of carbohydrates, fats, oils, and proteins combined with small amounts of vitamins and minerals will help in the proper functioning of body metabolic processes. Oilseed cakes make a significant contribution to the energy content of the diet, if the oil content is high in the cake.
The fat content in oil cakes is a good source of linoleic acid, which plays a major role in metabolic functions, cell physiology, improving immunity, and reproduction. Canola seed cake is fed to increase milk production in cows. The sunflower oil cake provides nitrogen required by rumen microbes in the form of rumen-degradable protein, which helps in reproduction and cell growth.
- Louis Dreyfus Company offers soybean meal, sunflower meal, and cottonseed meal containing high-protein content and used as a key component in animal nutrition
Increasing Utilization of Oil Seed Cakes in Other Industrial Applications
Oilseed cakes are widely used as fertilizers in organic farming. There are many uses of oilseed cake as a fertilizer as it builds soil environment, which promotes soil organism growth and improves aeration and nutrient holding capabilities. In contrast to chemical fertilizers, oil seeds take a longer time to break down and release nutrients, which reduces the risk of nutrient loss in the crop and eliminates the risk of groundwater contamination. Mustard seed cake contains good herbicidal and pesticide properties and can be used as a soil amendment.
The usage of edible oil cakes in the biotechnological application for the production of vitamins and antioxidants will prove beneficial for the livestock cake market. Oilseed cake is also used as an effective catalyst in biogas digesters and speed up biogas production in the cold season.
- According to the biofuels project led by World Agroforestry Centre (ICRAF), the oil cake increases biogas production by 10-25%
Increasing Livestock Farming Practices to Provide More Opportunities for Livestock Cake Producers
Beyond its economic value, livestock farming supports the livelihoods and provides food security to almost 1.3 billion people. Necessity to increase the cattle yield as well as improve the superiority of feed animal such as Livestock cake is an upcoming trend in the animal feed market.
Livestock Cake Market Segmentation
Livestock Cake Market by Source
Livestock Cake Market by Livestock
Livestock Cake Market by Region
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
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