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Feed Additives Market to Grow at the Highest CAGR| Leading Players Cargill, ADM, Evonik, DuPont, BASF, DSM, Ajinomoto

05-11-2021 09:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsandReports

Feed Additives Market

Feed Additives Market

A large-scale Feed Additives Market report sorts out the breakdown of global data by manufacturers, region, type, and application while analyzing the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. For an enhanced user experience of this report, all the facts and figures of statistical and numerical data are represented very well throughout the report. The credible Feed Additives Market report gives estimations about the size of the market with information on key vendor revenues, development of the industry by upstream and downstream, industry progress, key companies, along with market segment type and market application.

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Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2026 According to ReportsnReports, the feed additives market is estimated to be valued at USD 38.1 billion in 2021 and is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value.

An influential Feed Additives Market report comprises of most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The top market player analysis covered in this market research report brings into focus various strategies used by these top players of the market which can be listed as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and many others that lead to increase their footprints in the industry. Businesses can rely upon this top-notch Feed Additives Market report to accomplish utter success.

Leading players profiled in this report include the following:

Cargill (US)
ADM (US)
Evonik (Germany)
DuPont (US)
BASF (Germany)
DSM (Netherlands)
Ajinomoto (Japan)
Novozymes (Denmark)
Chr. Hansen (Denmark)
TEGASA (Spain)
Nutreco (Netherlands)
Kemin Industries Inc. (US)
Adisseo (France)
Alltech (US)
Palital Feed Additives B.V (Netherlands)
Global Nutrition International (France)
Centafarm SRL (Italy)
Bentoli (US)
NUQO Feed Additives (France)
Novus International, Inc. (US)

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Reasons to buy this report

To get a comprehensive overview of the feed additives market

To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them

To gain insights about the major countries/regions, in which the feed additives market is flourishing

“By type, the phytogenics segment is projected to grow at the highest CAGR during the forecast period.”

Based on type, the phytogenics segment is expected to be the fastest-growing during the forecast period. Feed phytogenics includes wide range of substances herbs, spices, essential oils, and oleoresins, which helps in improving the gut health and growth. This segment is growing rapidly as consumers are increasingly concerned about the health issues in livestock.

“By livestock, the poultry segment is estimated to account for the largest share.”

The poultry segment of the feed additives is dominating the market. Poultry birds are majorly consumed for meat and eggs. The dominance of this segment is majorly attributed to the growing concern about animal health and consumer preferences for a specific color of yolk and meat.

“The Asia Pacific region is projected to grow at the highest CAGR during the forecast period”

Asia Pacific region is projected to be the fastest-growing market for the period considered for this study. The increasing consumption of high-quality livestock-based products has led to the increasing demand for feed and increased awareness about the importance of quality feed among livestock producers and feed buyers.

The feed additives market is segmented region-wise, with a detailed analysis of each region. These regions include North America, Europe, Asia Pacific, South America, and RoW (Middle East and Africa).

Break-up of Primaries

By Company Type: Tier 1 – 30%, Tier 2 – 25% and Tier 3 – 45%
By Designation: Manager- 25%,CXOs– 30%, and Executives – 45%
By Region: Asia Pacific – 40%, Europe - 32%, North America- 18%, and South America & Africa - 10%

Insights of the report

1. Market Penetration: Comprehensive information on the product portfolios of the top players in the Feed Additives Market.
2. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Feed Additives Market.
3. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
4. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
5. All the Challenges and growth opportunities in the Feed Additives Market along with the market drivers and restraints.

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