Global Ruminant Methane Reduction Market Introduction and Overview
According to SPER Market Research, the Global Ruminant Methane Reduction Market is estimated to reach USD 4.97 billion by 2033 with a CAGR of 6.62%.
The report includes an in-depth analysis of the Global Ruminant Methane Reduction Market, including market size and trends, product mix, applications, and supplier analysis. The term "ruminant methane reduction" describes methods and tools designed to lower the methane emissions that ruminant animals—such as sheep, goats, and cattle—produce while they are digesting. The rumen, a section of the animals' stomachs, is the primary site of enteric fermentation that releases methane, a powerful greenhouse gas. Because methane has a substantially greater effect over a shorter period of time than carbon dioxide, this mechanism plays a major role in global warming. The use of feed additives like as chemicals, oils, and seaweed, which prevent the bacteria that produce methane, is one strategy to lower methane emissions.
- Ruminant methane reduction refers to methods used to reduce the amount of methane that ruminant animals—such as goats, sheep, and cattle—produce. The main source of methane, a strong greenhouse gas, is enteric fermentation in ruminants' stomachs during digestion. When bacteria in their rumen break down food, these animals release methane as a byproduct.
- Together with Elanco Animal Health, Athian.ai launched the first voluntary livestock carbon in the marketplace in November 2023 with the goal of lowering enteric methane emissions and improving feed utilization in the dairy sector.
Market Opportunities and Challenges
Opportunities- The market is expanding due in large part to increased research and development (R&D) initiatives. Research initiatives and the agriculture industry are working together to lower CH4 emissions from cattle feedlots. Businesses are investing in research to develop innovative and effective solutions that benefit the environment and boost industrial production and efficiency. Enteric fermentation in ruminant digestive tracts produces more methane as more cattle, sheep, and goats are raised for meat and dairy production. This highlights how urgent it is to address ruminant methane emissions and worsens the environmental effects of agriculture on climate change. Therefore, the global increase in cattle populations is fueling the market's expansion.
Challenges- There are a number of obstacles preventing the ruminant methane reduction market from becoming widely used and effective. Methane-reducing technology implementation's economic viability is one of the main challenges, particularly in underdeveloped nations or areas with limited funding for research. The cost-effectiveness of many treatments, such feed additives, might be a deterrent for farmers, especially small-scale producers. Furthermore, it can be difficult to predict how different animals would react to methane-reducing techniques because breed, nutrition, and management techniques can all affect how well a supplement or method works. The absence of well-defined, uniform procedures for methane reduction and regulatory obstacles further impede industry expansion.
Market Competitive Landscape
The Global Ruminant Methane Reduction Market is moderately fragmented. Some of the market key players are Alltech, Blue Ocean Barns, Cargill, Incorporated, CH4 GLOBAL, INC., DSM, Elanco Animal Health Inc, Fonterra Co-operative Group Limited, FutureFeed, Mootral Private, Rumin8 Ltd, Others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Animal Type |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Alltech, Blue Ocean Barns, Cargill, Incorporated, CH4 GLOBAL, INC., DSM, Elanco Animal Health Inc, Fonterra Co-operative Group Limited, FutureFeed, Mootral Private, Rumin8 Ltd, Others. |
COVID-19 Impact on Global Ruminant Methane Reduction Market
The global ruminant methane reduction market was significantly impacted by the COVID-19 epidemic, which caused supply chains and demand for a variety of goods and technologies to be disrupted. The manufacture and distribution of feed additives and other methane-reducing measures were hampered in the early phases of the pandemic by labor shortages and transportation restrictions, which slowed the rate of invention and market uptake. Furthermore, market volatility caused financial difficulties for many livestock farmers, which limited their capacity to invest in innovative technology, such as those that lower methane emissions.
Key Target Audience:
- Livestock Farmers
- Feed Manufacturers
- Agricultural Technology Providers
- Environmental Organizations
- Government Agencies and Policy Makers
- Research Institutions and Universities
Our in-depth analysis of the Global Ruminant Methane Reduction Market includes the following segments:
| By Product: | Feed Additives/ SupplementsPlant-basedChemical-baseMicrobial-basedOthers |
| By Animal Type: | CattleSheepoats |
Key Topics Covered in the Report:
Global Ruminant Methane Reduction Market Size (FY’2024-FY’2033)
- Overview of Global Ruminant Methane Reduction Market
- Segmentation of Global Ruminant Methane Reduction Market By Product (Feed Additives/ Supplements, Others)
- Segmentation of Global Ruminant Methane Reduction Market By Animal Type (Cattle, Sheep, Goats)
- Statistical Snap of Global Ruminant Methane Reduction Market
- Expansion Analysis of Global Ruminant Methane Reduction Market
- Problems and Obstacles in Global Ruminant Methane Reduction Market
- Competitive Landscape in the Global Ruminant Methane Reduction Market
- Impact of COVID-19 and Demonetization on Global Ruminant Methane Reduction Market
- Details on Current Investment in Global Ruminant Methane Reduction Market
- Competitive Analysis of Global Ruminant Methane Reduction Market
- Prominent Players in the Global Ruminant Methane Reduction Market
- SWOT Analysis of Global Ruminant Methane Reduction Market
- Global Ruminant Methane Reduction Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Ruminant Methane Reduction Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Ruminant Methane Reduction Market Manufacturing Base Distribution, Sales Area, Product Type 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Ruminant Methane Reduction Market
7. Global Ruminant Methane Reduction Market, By Product (USD Million) 2020-2033
7.1. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Product, 2020-2026
7.2. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Product, 2027-2033
7.3. Feed Additives/ Supplements
7.3.1. Plant-based
7.3.2. Chemical-base
7.3.3. Microbial-based
7.4. Others
8. Global Ruminant Methane Reduction Market, By Animal Type (USD Million) 2020-2033
8.1. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Animal Type, 2020-2026
8.2. Global Ruminant Methane Reduction Market Size, Share and Forecast, By Animal Type, 2027-2033
8.3. Cattle
8.4. Sheep
8.5. Goats
9. Global Ruminant Methane Reduction Market Forecast, 2020-2033 (USD Million)
9.1. Global Ruminant Methane Reduction Market Size and Market Share
10. Global Ruminant Methane Reduction Market, By Region, 2020-2033 (USD Million)
10.1. Global Ruminant Methane Reduction Market Size and Market Share By Region (2020-2026)
10.2. Global Ruminant Methane Reduction Market Size and Market Share By Region (2027-2033)
10.3. Asia-Pacific
10.3.1. Australia
10.3.2. China
10.3.3. India
10.3.4. Japan
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France
10.4.2. Germany
10.4.3. Italy
10.4.4. Spain
10.4.5. United Kingdom
10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Qatar
10.5.4. South Africa
10.5.5. Egypt
10.5.6. Morocco
10.5.7. Nigeria
10.5.8. Rest of Middle-East and Africa
10.6. North America
10.6.1. Canada
10.6.2. Mexico
10.6.3. United States
10.7. Latin America
10.7.1. Argentina
10.7.2. Brazil
10.7.3. Rest of Latin America
11. Company Profile
11.1. Alltech
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Blue Ocean Barns
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Cargill, Incorporated
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. CH4 GLOBAL, INC.
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. DSM
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Elanco Animal Health Inc
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Fonterra Co-operative Group Limited
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. FutureFeed
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Mootral Private
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Rumin8 Ltd
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links