Animal Feed Additives Market 2019 To Rise at 6.9% CAGR With Global Leading Players - BASF SE, Cargill, Dupont, Biomin Holdings GmbH, Dr. Eckel GmbH, DSM, MIAVIT GmbH, Novus International, Impextraco, ITPSA, Kemin Industries, Lucta

Global Animal Feed Additives Market is accounted for $17,254 million in 2017 and is expected to reach $28,515 million by 2026 growing at a CAGR of 6.9%. Factors such as growing concerns for safety & quality of meat and meat products, rising consumer per capita income, rising concerns towards disease outbreaks in livestock suffering and raising consumption of meat globally are influencing the market growth. However, stringent regulatory guidelines and high costs of raw material are restricting the market growth.

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Animal feed additives are the food supplements for farm animals for improving feed quality along with quality of food from animal source and improve animal performance and health. Feed additives are mixed with animal feed to increase its nutritional value that imparts extra benefits for animals and consumers as well. Enlarged nutritional value promotes good health in animals. They are various types of feed additives catering to a host of nutritional requirements depending upon livestock.

Top Players:
Some of the key players in the global Animal Feed Additives market include BASF SE, Cargill, Dupont, Biomin Holdings GmbH, Dr. Eckel GmbH, DSM, MIAVIT GmbH, Novus International, Inc., Impextraco, ITPSA (Industrial Tu00e9cnica Pecuaria), Kemin Industries, Lucta, Nutriad, Alltech Inc., Neovia, Orffa, Andres Pintaluba, S.A, Kaesler Nutrition GmbH and Novozymes.

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Market Segmentation:
Amongst Product, Amino acids segment is expected held steady market share during forecast period due to the decline in production costs, making them a more feasible option for some companies to produce. By Geography, Asia pacific is expected to be the fastest growing market owing to high consumption of meat & processed meat, rising demand for animal products and increasing population.
Products Covered:
• Non-nutritive Additives/Zoo Technical Additive
• Nutritional Feed Additives
• Coccidiostats and Histomonostats
• Ionophores
• Direct Fed Microbials
• Stabilizers
• Sugar Based Products
• Sensory Feed Additives
• Essential Oils
• Mycotoxinbinders & deactivators
• Other Product Types

Livestocks Covered:
• Aquaculture
• Poultry
• Pork/Swine
• Pet Food
• Ruminants
• Equine
• Other Livestocks

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