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Middle East & Africa Animal Feed market likely to grow at a CAGR of 3.4% during 2021-2026

Middle East & Africa Animal Feed market likely to grow at a CAGR

According to MarkNtel Advisors’ research report, “Middle East & Africa Animal Feed Market Analysis, 2021.” the market is likely to grow at a CAGR of 3.4% during 2021-26 due to the rising demand for animal-based products and the snowballing awareness among consumers regarding the benefits of animal feed to reduce disease and enhance animal growth. Further, mounting investments by market players in research and development (R&D) activities to improve feed quality and food fortification processes is another critical factor likely to present incredible growth opportunities for the market in the coming years.

Request to get the sample copy of the market research: https://www.marknteladvisors.com/query/request-sample/middle-east-africa-animal-feed-market.html

Key questions answered in the study
1. What are the current and future trends in the Middle East & Africa Animal Feed market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Middle East & Africa Animal Feed market?
5. What is the customer orientation, purchase behavior, and expectations from the Middle East & Africa Animal Feed market service providers across various countries?

Crumbles Exhibits Fastest Growth

Based on the Form, the market segments into Pellets, Crumbles, and Mash. Of these segments, Crumbles is likely to grow significantly during the forecast period. The segment growth owes to the benefits offered by the crumbled feed, such as increased digestibility and decreased ingredient segregation. Additionally, the crumbled feed results in a lesser amount of feed wastage. Hence, its demand is very likely to increase substantially in the coming future.

“Middle East & Africa Animal Feed Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Animal Feed providers across the countries. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

For detailed analysis visit: https://www.marknteladvisors.com/research-library/middle-east-africa-animal-feed-market.html

Enzymes Grow at a Considerable Rate

Based on Nutrition, the market bifurcates into Vitamins, Carotenoids, Enzymes, Organic Acid, Clay, Glycinates, CLA, and 1,2-Propandiol. Out of these segments, Enzymes is likely to grow substantially during the forecast period. Enzymes promote good health among animals and boost weight gain. In addition to this, enzymes are beneficial for increasing the egg production capacity of hens. Therefore, these advantages are likely to drive the segment and further contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “Middle East & Africa Animal Feed Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the Middle East & Africa Animal Feed Market are Archer Daniel Midland Co., Cargill Inc., Evonik Industries AG, New Hope Group Co. Ltd, Nutreco NV, Perdue Farms Inc, DSM Nutritional Products, Du Pont, BASF, and Novozymes.

Market Segmentation:
1. By Form (Pellets, Crumbles, Mash, Others)By Livestock (Poultry, Ruminant, Swine Aqua, Others)
2. By Nutrition (Vitamins, Carotenoids, Enzymes [Phytase, Protease, Cellulases, Others (Xylanases, Carbohydrase, etc.)], Organic Acid [Formic Acid, Lactic Acid, Propionic Acid, Acetic Acid, Others (Citric Acid, Benzoic Acid, etc.)], Clay, Glycinates, CLA, 1,2-Propandiol)
3. By Country (Saudi Arabia, UAE, Oman, Jordan, Turkey, South Africa, Nigeria, Egypt)
4. By Competitors (Archer Daniel Midland Co., Cargill Inc., Evonik Industries AG, New Hope Group Co. Ltd, Nutreco NV, Perdue Farms Inc, DSM Nutritional Products, Du Pont, BASF, Novozymes)

MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: sales@marknteladvisors.com
Tel: +1613-707-5086
Website: https://www.marknteladvisors.com

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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