Middle East and Africa Specialty Feed Additives Market was valued around US$ XX Mn by 2018 and growing at a prominent growth rate over the forecast years 2019-2025

Middle East and Africa Specialty Feed Additives Market was Valued at US$ XX Mn in 2018, Surge in Number of Livestock Industries
Analyst Speak:

“The Middle East and Africa Specialty Feed Additives Market was valued around US$ XX Mn by 2018 and growing at a prominent growth rate over the forecast years 2019-2025 owing to grow in number of livestock industries in the region”

The Middle East and Africa specialty feed additives market was valued at US$ XX Mn in 2018 and increasing at a significant growth rate over the forecast years due to surge in number of number of livestock farms coupled with grow in incidence of disease outbreaks among the livestock species. Moreover, increase in the R&D activities for the development of newer specialty feed products, rise in demand for healthy meat and other livestock products, and increase in awareness about the animal health among the livestock farmers are boost the Middle East and Africa specialty feed additives market over the forecast years. However, stringent product approval for the feed products, fluctuations in raw material cost, and high cost of specialty feed additives are hamper the growth of specialty feed additives market over the future years.


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Middle East and Africa Specialty Feed Additives market segmented on the basis of additive type, formulation, animal type, and country

Poultry Specialty Feed Additives Dominate the Middle East and Africa Specialty Feed Additives Market

Based on the animal type, Middle East and Africa specialty feed additives market segmented into poultry, aqua, canine, equine, swine, bovine, and others. Poultry specialty feed additives growing at a significant CAGR owing to increase in the demand for healthy meat and other protein rich poultry products. However, increase in the aquaculture production in the Middle East and Africa region also propel the specialty feed additives market over the forecast timeframe.
South Africa Leads the Middle East and Africa Specialty Feed Additives market

PBI’s Middle East and Africa specialty feed additives market report analyses the market in different regions such as Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa. According to country analysis, South Africa accounted for larger revenue share through 2014-2018 and expected to dominate over 2019-2025 owing to establishment of feed mills in the country, increase in the awareness about disease outbreaks in livestock species, and grow in disposable income. Moreover. GCC countries specialty feed additives market projected to exhibit significant growth due to rise in demand for the healthy meat, diary, and other livestock products and launch of newer products into market are expected to bolster the specialty feed additives market over the forecast years.

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Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players

Middle East and Africa specialty feed additives market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In July 2016, Nutrico acquired South African feed additive and feed premix company Advit to strengthen its business in the Middle East and Africa region

Key player’s profiles in the report are Archer Daniels Midland Co. (U.S.), Evonik Industries (Germany), Nutreco N.V. (Netherlands), BASF SE (Germany), Nutribase (South Africa), Larrem Pty. Ltd. (South Africa), Vitam International (South Africa), and Cargill, Inc. (U.S.)

Precision Business Insights (PBI) in its report titled “Middle East and Africa Specialty Feed Additives Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

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Detailed Segmentation

By Additive Type
o Binders
o Minerals
o Vitamins
o Flavours and Sweeteners
o Antioxidants
o Acidifiers
o Enzymes
o Carbohydrates
o Others
By Formulation
o Powders
o Liquids
o Pellets
By Animal Type
o Poultry
o Aquatic
o Canine
o Equine
o Swine
o Ovine
o Bovine
Geography
o Middle East and Africa
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

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