Press release
Nutritional Feed Additives Market 2020 Growth Parameters, Competitive Landscape Outlook and COVID-19 Impact Prediction 2023
The Business Research Company
The global nutritional feed additives market is expected to decline from $10.9 billion in 2019 to $8.2 billion in 2020 at a compound annual growth rate of -24.4%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the animal sector. The market is then expected to recover and grow at a CAGR of 7.5% from 2021 and reach $13.4 billion in 2023.
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The nutritional feed additives market consists of sales of nutritional feed additives which are used to improve animals nutrition. Nutrition feed additives are an important portion of nutrition that enhance yield and quality of food. Nutrition feed additives improve the overall gut health, digestion process and appetite.
Feed additives manufacturers are investing in the R&D of organic feed additives as there is a growing demand for organic and natural feed products in the nutritional feed additives market. When compared to synthetic nutrition feed additives, organic feed additives have less side effects and also improves yield. Therefore, poultry farmers are switching to herbal nutrition feed additives.
Nutritional Feed Additives Market Segmentation:
By Distribution Channel
1. Direct,
2. Indirect,
3. Hypermarket / Supermarket,
4. Specialty Stores,
5. Online Retail
By Livestock
1. Ruminants,
2. Poultry,
3. Swine,
4. Aquatic.
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Few Points From Table Of Content
1. Executive Summary
2. Nutritional Feed Additives Market Characteristics
3. Nutritional Feed Additives Market Size And Growth
4. Nutritional Feed Additives Market Segmentation
5. Nutritional Feed Additives Market Regional And Country Analysis
……
25. Nutritional Feed Additives Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Nutritional Feed Additives Market
27. Nutritional Feed Additives Market Trends And Strategies
28. Nutritional Feed Additives Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the nutritional feed additives market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the nutritional feed additives market are Solvay , Ajinomoto , Chr. Hansen , AFB International, Vitablend Asia Pacific Pte Ltd, Kalsec, America-Pac, FoodSafe Technology, Biomin Holding GmbH, Penny Newman, Danisco Animal Nutrition.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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