PUBLISHER: KBV Research | PRODUCT CODE: 1483544
PUBLISHER: KBV Research | PRODUCT CODE: 1483544
The Asia Pacific Ruminant Methane Reduction Market would witness market growth of 7.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Ruminant Methane Reduction Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $319.9 million by 2031. The Japan market is registering a CAGR of 7.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 8.6% during (2024 - 2031).
Dietary interventions play a crucial role in methane reduction strategies. Livestock nutritionists and producers can adjust the composition of animal diets to optimize nutrient utilization and reduce methane emissions.
Moreover, increasing the proportion of easily digestible carbohydrates, such as grains or byproducts, can shift microbial fermentation towards less methane-producing pathways. Similarly, supplementing with fats or oils can provide additional energy sources for livestock while reducing methane emissions.
As the animal feed industry grows in India, there is a corresponding increase in demand for livestock feed additives, supplements, and technologies. Producers may seek methane reduction solutions to minimize greenhouse gas emissions from ruminant livestock while maintaining or improving animal health and productivity. This increased demand directly benefits the market by creating opportunities for technology developers and suppliers to provide innovative solutions tailored to the needs of the feed industry.
Based on Product, the market is segmented into Feed Additives/Supplements (Microbial-based, Plant-based, and Chemical-based), and Other Products. Based on Animal Type, the market is segmented into Cattle, Sheep, and Goats. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Ruminant Methane Reduction Market Report Segmentation
By Product
By Animal Type
By Country