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Fermented Feed Market to Develop Rapidly by 2018 to 2026
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Fermented Feed: Segmentation
The fermented feed market can be segmented on the basis of type, form, process, application and region. Based on type, the fermented feed market is segmented into amino acids, antibiotics & vitamins, polymer, industrial enzymes, organic acid and others. Based on form, the fermented feed market has been segmented into liquid and dry. Based on the process, the fermented feed market has been segmented into batch fermentation, continuous fermentation, aerobic fermentation and anaerobic fermentation. Based on livestock, the fermented feed market is segmented into poultry, ruminants, swine, aquatic animals and others (equine and pet animals). On the basis of region, the fermented feed market includes North America, Europe, Asia-Pacific and the rest of the world.
Fermented Feed: Dynamics
The major share of fermented feed is used in the poultry segment. An increase in the preference for non-vegan food has led to an increase in the demand for poultry, especially chicken. This is likely to be a major driver for the fermented feed market. Another factor responsible for the growth of the fermented feed market is a decrease in the overall intake of feed to enhance nutrition for the purpose of cost saving. Moreover, fermented feed helps increase the feed quality & nutritional value of products, increases the egg weight of birds, improves their digestibility and strengthens their immune system, which boosts their ability to resist diseases and bacterial infection. Increase in the demand and high prices for high quality & healthy fishmeal, meat, chicken, pork & others are among factors encouraging the development of the fermented feed market. However, high initial investments, high operating costs, research & development, possibilities of health risks due to fermentation and the limited availability of raw materials are some of the restraining factors for the fermented feed market.
Fermented Feed: Regional Outlook
On the basis of regions, the fermented feed market is segmented into five different regions: Latin America, North America, Europe, Middle East & Africa and Asia Pacific. North America is the largest market for fermented feed products. The Asia Pacific fermented feed market is expected to be the fastest growing due to increase in population, industrialization of the dairy & meat industry and the demand for various non-vegan cuisines in the HoReCa industry. Europe is likely to grow at a high rate owing to strict regulations related to various feed products.
Fermented Feed: Key Players:
Some of the major players operating in fermented feed market include Archer Daniels Midland Company; Cargill Inc.; E. I. du Pont de Nemours and Company; Evonik Industries AG; Royal DSM NV; Danisco A/S; BASF SE; Chr. Hansen Holding A/S; Angel Yeast Co., Ltd.; Lallemand Inc. and Lonza.
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The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Historical Market Size, 2012 - 2016
Market Size & Forecast 2017 to 2025
Supply & Demand Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Market Drivers and Restraints
Regional analysis for Poultry Feed Additives Market includes:
North America
Latin America
Europe
Asia Pacific
The Middle East and Africa
Report Highlights:
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size
Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
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