Animal Feed Additives Market is Booming Worldwide with Key Players: Alltech Inc, Biomin Holdings GmbH, Dr. Eckel GmbH, Impextraco, IPTSA , Kemin Industries, Lucta, MIAVIT GmbH, Novus International, Inc., Nutriad,
The report extensively bifurcates the various contenders of global Animal Feed Additives market. Prominent contributors such as Alltech Inc, Biomin Holdings GmbH, Dr. Eckel GmbH, Impextraco, IPTSA (Industrial Técnica Pecuaria), Kemin Industries, Lucta, MIAVIT GmbH, Novus International, Inc., Nutriad, Orffa, DSM, BASF SE, Dupont, Andres Pintaluba, S.A, Cargill, Nutreco N.V, Neovia, Archer Daniels Midland Company (ADM), Kaesler Nutrition GmbH have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.
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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.
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.
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.
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Probiotics animal feed additives market should grow significantly at a rate of over 5.5% during forecast timeframe as it helps in enhancing gut & intestinal health in swine, poultry and cattle being dietary supplement. It comprises of live micro-organism strains which maintains microbial flora in gastrointestinal tract in animals improving digestion and feed efficacy propelling industry growth.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Animal Feed Additives Industry Insights
Chapter 4 Animal Feed Additives Market, By Product
Chapter 5 Animal Feed Additives Market, By Region
Chapter 6 Company Profiles
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Aquafeed Market Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast 2017 – 2024
Aquafeed & Aquaculture Additives Market is set to surpass USD 200 billion by 2024. Growth in fish consumption and growing seafood industry should stimulate aquafeed & aquaculture additives market. Fish and other aquatic animals are playing a key role mainly in the China, India, Thailand, and Malaysia owing to broad range of fishery resources in both freshwater and marine, resulting into increased product demand.
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