Animal Feed Additives Market Size, Share & Growth Forecast to 2025 by Top Companies in the Industry including BASF SE, DuPont, DSM, Novozymes, Danisco, Evonik Industries AG, Addcon Group, Cargill Pvt. Ltd., Archer Daniels Midland Company

Global Animal Feed Additives Market, By Test Type, Service Provider, and Geography – Trends, Analysis and Forecast till 2024 Report presents the worldwide Animal Feed Additives Market analysis with in depth study of manufacturers, region, type and application and its future scope in the industry till 2025.

Feed additives are supplements that are added in feed of livestock to improve the nutritional level of the farm animals. Feed additives contain amino acids, fatty acids, minerals, and vitamins which helps in the growth of the animals at a healthy rate. The nutritional level of the animal feed depends on its nutritional content and also depends upon other factors such as hygiene, digestibility, feed presentation, and effect on colonic health. Farms animals diet consists of maize, soybean, and wheat along with high quality feed, which should contain carbohydrates, fats and proteins in particular.

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Increasing consumer knowledge on animal feed and prevention against diseases caused by meat consumption such as bird flu, etc. and growing meat industry in Asia Pacific and Europe is the key factor of the growth of the global animal feed additive market during 2017-2025. The animal feed additive market is expected to expand at a CAGR of 4.43% during the forecast period.

Increasing demand for feed enzymes and feed grade vitamins, growing demand for low volume with higher value specialty animal feed products drive the demand for organic trace minerals which is expected to propel the demand for animal feed additives market during the forecast period. Other factors such as declining cost of production and growing importance for swine and poultry drives the feed amino acids, and increasing consumption and production of pork benefits the demand for global animal feed additive market. Growth of the animal feed additive market is expected to be directly proportional to growth of the antibiotics market, which is expected to exhibit a CAGR of 4.41% in terms of revenue during 2017-2025 and is expected to retain the trend during the forecast period.

Market Dynamics
Asia Pacific dominated the market in 2016 and the trend is expected to remain the same during 2017-2025. The increasing demand for feed additives due to rise in demand for white meat, farmers awareness and increase in livestock industrialization over last decade, is the major driving force to position Asia Pacific as the largest region in the global animal feed additive market. Increase in urban population coupled with healthcare awareness is gaining traction for high quality protein from meat and increasing consumption of aquatic and meat products are some of the factors which is expected to created opportunities for major market players and drive the animal feed additive market during the forecast period. Europe market is also expected to experience significant growth and is projected to exhibit a CAGR of 4.43%, during the forecast period.

Market Taxonomy
This report segments the global animal feed additive market on the basis of product types and livestock. On the basis of product types, the animal feed additive market is segmented as antibiotics, vitamins, antioxidants, amino acids, enzymes, acidifiers, and others. On the basis of livestock, the global animal feed additive market is segmented into pork/swine, poultry, cattle, aquaculture, and others. Moreover, amino acid is the largest product segment, accounting for over 30.64% share of the global animal feed additive market in 2016, while, antibiotics is projected to be the fastest growing product segment and expected to grow at a CAGR of 4.41% in terms of revenue during the forecast period.

Key features of the study:
• This report provides in-depth analysis of the global animal feed additive market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017 – 2025), considering 2016 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• The report takes into account the various types of feed additives involved in manufacturing different product types, analyzing the market value and growth (%) during the forecast period
• It includes insights on the largest technology used to manufacture different types of animal feed additive across the globe
• It profiles leading players in the global animal feed additive market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
• Key companies covered as a part of this study include BASF SE, DuPont, DSM, Novozymes, Danisco, Evonik Industries AG, Addcon Group, Cargill Pvt. Ltd., Archer Daniels Midland Company (ADM), Adisseo Inc. France, Kemin Industries, Inc., Nutreco N.V.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, technology upgrade, market expansion, and marketing tactics
• The global animal feed additive market report caters to various stakeholders in this industry, including investors, raw material manufacturer, product manufacturer, end-users, distributors, new entrants, and financial analysts
• Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the animal feed additive market

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Key Companies Profiles:
BASF
DSM
Danisco
Evonik
Addcon Group
Cargill
ADM
Adisseo France
Kemin Industries
Nutreco
Biomin

Global Animal Feed Additives Market, By Product Type:
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others

Global Animal Feed Additives Market, By Livestock:
Pork/Swine
Poultry
Cattle
Aquaculture
Others

Global Animal Feed Additives Market, By Geography:•
North America
Europe
Asia Pacific
Latin America
Middle East

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