Press release
Animal Feed Additives Market Set to Surge Significantly During 2018 – 2025: Industry Trends and Improvements
Animal Feed Additives Market
Overview:
The global animal feed additives market was worth USD 29.09 billion in 2016 and is prognosticated to be nearly USD 44.40 billion by 2025, growing at a compound annual growth rate (CAGR) of 4.81% during the forecast period.
Competitive Insights 2018:
The global animal feed additives market is widely competitive. Some of the leading companies in the global animal feed additives market are Danisco A/S, Kemin Industries, Cargill, Evonik Industries, DSM and Novozymes A/S. The main parameters for being competitive in the industry are the developments of the applications and customized products in order to enhance the portfolio and regional existence.
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Industry Outlook and Trend Analysis:
Growth in consumption of milk and meat products across the globe to gain proteins and various nutrients is anticipated to boost the growth of this market. Food additives are consistent component of the increasing meat production industry across the globe. These food additives are known to be the catalysts that assist in various activities such as enhancing the rate of weight gain in animals, the intake of vitamins, prevention of disease, conservation and digestion which result in improved quality of meat production.
Due to such factors, the animal feed additives market is anticipated to witness significant growth in the consecutive years. Livestock animals are stuck with a number of disease that also include bird flu, swine flu, mouth and foot infections which has raised the concerns related to safety and the quality of meat products. This has led to the utilization of specialty additives. The official forbiddance on the use of antibiotics in the United States and Europe is said to expand the market for alternate products such as enzymes, acidifiers and amino acids.
However, protruding demand of grains such as barley, maize and wheat from other commercial foods is anticipated to hinder the growth of the market. Rise in advanced technologies coupled with consistent enhancements in in the final production on the basis of type of feed and fluctuating regulatory trends are boosting the market.
The Animal Feed Additives Market is segmented as follows-
Animal Feed Additives Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
Antioxidants
Antibiotic
Feed Acidifiers
Feed Enzymes
Non-Starch Polysaccharides & Others
Phytase
Amino Acids
Tryptophan
Threonine
Methionine
Lysine
Others
Vitamin A,B,C,E
Other Products
Animal Feed Additives Market, By Livestock, Estimates and Forecast, 2016-2025 ($Million)
Aquaculture
Pork/Swine
Cattle
Poultry
Other Livestock
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Regional Outlook:
On a global front, the Animal Feed Additives Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA).
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Major TOC of Animal Feed Additives Market:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview
Chapter4. Animal Feed Additives Market, By Product
Chapter5. Animal Feed Additives Market, By Livestock
Chapter6. Animal Feed Additives Market, By Region
Chapter7. Company Profiles
7.1.Bluestar Adisseo Co., Ltd.
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2.Ajinomoto Co., Inc.
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3.Archer Daniels Midland Company
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4.BASF SE
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5.Cargill, Inc.
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Key Financials
7.5.4. Strategic Developments
…CONTINUED FOR TOC
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