The Latin America, Middle East and Africa Ruminant Methane Reduction Market would witness market growth of 10.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Ruminant Methane Reduction Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $100.2 million by 2031. The Argentina market is showcasing a CAGR of 10.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9.5% during (2024 - 2031).
The market refers to the sector focused on developing, producing, and implementing technologies, practices, and solutions to reduce methane emissions from ruminant livestock, such as cattle, sheep, and goats.
Moreover, Methane is a potent greenhouse gas emitted during the digestive process of ruminant animals, primarily through a natural fermentation process in their rumen.
Brazil has one of the largest cattle populations, particularly in the Amazon region, where extensive grazing is prevalent. The expanding cattle population contributes to elevated methane emissions from enteric fermentation in ruminant digestive systems. Methane is a potent greenhouse gas, and the increasing cattle population in Brazil underscores the urgency of addressing methane emissions to mitigate climate change.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Ruminant Methane Reduction Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $100.2 million by 2031. The Argentina market is showcasing a CAGR of 10.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9.5% during (2024 - 2031).
The market refers to the sector focused on developing, producing, and implementing technologies, practices, and solutions to reduce methane emissions from ruminant livestock, such as cattle, sheep, and goats.
Moreover, Methane is a potent greenhouse gas emitted during the digestive process of ruminant animals, primarily through a natural fermentation process in their rumen.
Brazil has one of the largest cattle populations, particularly in the Amazon region, where extensive grazing is prevalent. The expanding cattle population contributes to elevated methane emissions from enteric fermentation in ruminant digestive systems. Methane is a potent greenhouse gas, and the increasing cattle population in Brazil underscores the urgency of addressing methane emissions to mitigate climate change.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- DSM-Firmenich
- Alltech, Inc.
- Fonterra Co-operative Group Limited
- Elanco Animal Health, Inc.
- Cargill, Incorporated
- Blue Ocean Barns
- CH4 GLOBAL, INC.
- Mootral
- Symbrosia Inc.
- Rumin8 Ltd
Market Report Segmentation
By Product- Feed Additives/Supplements
- Microbial-based
- Plant-based
- Chemical-based
- Other Products
- Cattle
- Sheep
- Goats
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Ruminant Methane Reduction Market by Product
Chapter 5. LAMEA Ruminant Methane Reduction Market by Animal Type
Chapter 6. LAMEA Ruminant Methane Reduction Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- DSM-Firmenich
- Alltech, Inc.
- Fonterra Co-operative Group Limited
- Elanco Animal Health, Inc.
- Cargill, Incorporated
- Blue Ocean Barns
- CH4 GLOBAL, INC.
- Mootral
- Symbrosia Inc.
- Rumin8 Ltd
Methodology
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