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.
Free Valuable Insights: The Worldwide Ruminant Methane Reduction Market is Projected to reach USD 4.2 Billion by 2031, at a CAGR of 7.4%
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.
By Product
By Animal Type
By Country
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