Ruminant Methane Reduction Market Size, Share & Forecast 2024–2032
The Ruminant Methane Reduction Market was valued at USD 2.61 billion in 2023 and is projected to reach USD 4.73 billion by 2032, growing at a CAGR of 6.8% from 2024 to 2032. This market growth is driven by increasing environmental concerns and stringent government initiatives aimed at reducing greenhouse gas emissions from livestock, which account for nearly 14.5% of global emissions. Key strategies include the adoption of methane-reducing solutions such as feed additives and vaccines, with significant investments and regulatory policies supporting sustainable livestock practices.