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Cargill, Nutreco, Profiled in Animal Feed Additives Market By Product to 2024 | Top Manufactures Alltech, ADM, Dr. Eckel, Biomin, Impextraco, Kemin Industries, Novus International, DSM, BASF SE, Miavit

11-06-2018 12:40 PM CET | Health & Medicine

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Animal Feed Additives Market, Global Animal Feed Additives Market Size, Animal Feed Additives Industry

Animal Feed Additives Market, Global Animal Feed Additives Market Size, Animal Feed Additives Industry

Market Study Report recently introduced new title on “2017-2024 Global Animal Feed Additives Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

U.S. animal feed additives market should grow significantly at a rate of over 3% by 2024 due to strong demand for quality & safe meat products. Stringent food & safety regulations pertaining to standardized meat and milk products along with ban on meat and bone meal should amplify regional product demand. Global Animal Feed Additives Market is likely to generate over USD 25 billion by 2024; according to a new research report. Growing consumer demand for meat products as a source for protein and nutrients along with rising concern towards livestock health & safety should drive animal feed additives market demand. These products act as catalyst preventing diseases, improving weight gain, digestion, conversion rate and overall health.

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Rising concerns towards disease outbreaks in livestock suffering from swine flu, bird flu, infections and avian influenza should drive animal feed additives market demand. Increasing concern for safety and quality of meat & meat products should prompt growing demand for specialty additives adding to global demand.

Pigment animal feed additives market should gain about 4.5% during projected timeframe. Its ability to improve palatability and appeal to improve feed efficacy should drive industry. Growing industrialization of pork, aquaculture and poultry business on a global scale should drive product demand.

Stringent regulations and policies towards ban on use of antibiotic growth promoters (AGPs) increases demand for natural growth promoters owing to bioaccumulation and building resistance towards medical antibiotics which should propel animal feed additives market. Increasing emphasis towards standardizing meat products should drive demand for antioxidants, vitamins and amino acids further bolstering animal feed additives demand.

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Enzymes animal feed additives market should create revenues over USD 750 million by 2024 owing to the exceptional ability to convert nutrients into energy. It breaks down feed into smaller components by binding into the feed substrates improving productivity and livestock health, thus driving animal feed additives market.

Germany animal feed additives market should grow significantly during forecast timeframe due to raising living standards along with spurring meat demands from packaged food sector. High economic standards coupled with busy working schedule should further strengthen demand for packaged food implying animal feed additives market growth.

Animal feed additives market demand from pet food applications should surpass 160 kilo tons by 2024. Pets needs nutrition & special care for strengthening their joints, improving metabolism, and protecting hair & skin coats. Vitamins, pigments, flavors, antioxidants and probiotics are the prominently used in pet food. Vitamins helps to enable in maintaining body functions and provides essential nutrients needed for growth of pet animals.

Global animal feed additives market share is moderately fragmented with market players including Novus International, DSM, Kaesler Nutrition, Kemin, Cargill and ADM. Companies focus in developing application scope for products along with expanding production capacity through mergers, acquisitions and partnerships. It also helps them expand their product marketing reach to various other regions.

Table of Contents

Chapter 1 Animal Feed Additives Market Methodology & Scope

Chapter 2 Animal Feed Additives Market Executive Summary

Chapter 3 Animal Feed Additives Industry Insights

Chapter 4 Animal Feed Additives Market, By Product

Chapter 5 Animal Feed Additives Market Company Profiles

For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/animal-feed-additives-market/?utm_source=OPR-SP

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