Press release
Comprehensive analysis on Animal Nutrition Market Size | Key Players are:Evonik, Adisseo. Novus International, CJ Group, DSM, Meihua Group, Alltech, BASF, Kemin Industries, Sumitomo Chemical, Global Bio-Chem, ADM, Biomin, Novozymes, Lonza, DuPont, Nutreco
Animal Nutrition Market
According to this study, over the next five years the Animal Nutrition market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 72800 million by 2024, from US$ 53800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Animal Nutrition business,
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The key manufacturers covered in this report:
Evonik
Adisseo
Novus International
CJ Group
DSM
Meihua Group
Alltech
BASF
Kemin Industries
Sumitomo Chemical
Global Bio-Chem
ADM
Biomin
Novozymes
Lonza
DuPont
Nutreco
Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals? performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.
China was one of the largest regional market for feed additives, with revenue exceeding USD 12.2 billion in 2017. It is further expected still to grow due to downstream demand. In the past time, the global feed market has maintained a more stable growth rate. Africa, Europe, Latin America have maintained a rapid growth rate. The North American market is stagnant. In the foreseeable future, the growth of this industry mainly comes from the growth of these areas.
In application, animal nutrition downstream is wide and recently animal nutrition has acquired increasing significance in various fields of poultry feeds, ruminant feeds, pig feeds and other feeds. Globally, the animal nutrition market is mainly driven by growing demand for poultry feeds which held nearly 46% of total downstream consumption of animal nutrition.
In the future, global market is expected to witness stable growth on account of rising applications, so in the next few years, animal nutrition production will show a trend of steady growth. In 2024, the production of animal nutrition is estimated to be 39.4 million MT. Demand for most downstream is greatly influenced by general economic conditions. As a result, demand for animal nutrition largely follows the patterns of the leading world economies.
This report presents a comprehensive overview, market shares, and growth opportunities of Animal Nutrition market by product type, application, key manufacturers and key regions and countries.This study considers the Animal Nutrition value and volume generated from the sales of the following segments:
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Segmentation by product type:
Minerals
Amino Acids
Vitamins
Enzymes
Others
Segmentation by application:
Poultry Feeds
Ruminant Feeds
Pig Feeds
Aquaculture Feeds
Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Animal Nutrition consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Animal Nutrition market by identifying its various subsegments.
Focuses on the key global Animal Nutrition manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Animal Nutrition with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Animal Nutrition submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Animal Nutrition Consumption Market Report
1 Scope of the Report
2 Executive Summary
3 Global Animal Nutrition by Players
4 Animal Nutrition by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Animal Nutrition Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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You can edit or delete your press release Comprehensive analysis on Animal Nutrition Market Size | Key Players are:Evonik, Adisseo. Novus International, CJ Group, DSM, Meihua Group, Alltech, BASF, Kemin Industries, Sumitomo Chemical, Global Bio-Chem, ADM, Biomin, Novozymes, Lonza, DuPont, Nutreco here
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