Share: Newark, NJ, June 04, 2021 (GLOBE NEWSWIRE) -- As per the report published by Fior Markets, the global cattle feed market is expected to grow from USD 65.79 billion in 2020 to USD 78.60 billion by 2028, at a CAGR of 2.25% during the forecast period 2021-2028 Certain factors are boosting the growth of the global cattle feed market. Some of them include the industrialization of cattle products like dairy & meat products, growing consumer awareness towards the safety of milk & meat products with the nutritional content of the food, increasing disposable income, and rising demand for "Raised Without Antibiotics" production. However, as milk producers have started replacing conventional animal feed with the more nutritionally balanced cattle feed, the cattle feed industry is experiencing rapid growth. And, they have realized the tangible benefits of nutritious feed in terms of yield increase. According to the Food and Agriculture Organization (FAO), Livestock goods contribute about 40 percent of total agricultural production to global sales & are rising faster than any other sub-sector of agriculture.