openPR Logo
Press release

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Middle East & Africa Animal Feed market likely to grow at a CAGR of 3.4% during 2021-2026 here

News-ID: 2316132 • Views: 247

More Releases from Mark Armstrong (Freelance)

Increasing Number of Energy Efficient Lighting Projects to Fuel the Growth of So …
According to MarkNtel Advisors, the South East Asia Street Lighting Market is anticipated to grow at a CAGR of around 20% during 2021-26. The market growth primarily attributes to the soaring focus of the street lighting manufacturers on producing lighting systems with low energy consumption, long life, reduced power wastage, and less emitting light pollution. In addition, the up-gradation of existing lighting products for improved lighting characteristics, such as better
Global Battery Management System Market Size, Share, Trends, Demand, Growth and …
According to MarkNtel Advisors, the Global Battery Management System Market is expected to grow at a CAGR of 21.1% in the forecast period of 2021-26. The market growth primarily attributes to the growing adoption of rechargeable batteries across several end-user industries like Automotive, Medical & Healthcare, Military & Defense, Consumer Electronics, etc., and the increasing Green House Gas emissions worldwide promoting the use of Electric Vehicles. Get the report sample: https://www.marknteladvisors.com/query/request-sample/global-battery-management-system-market.html Market
Global Superabsorbent Polymer Market Analysis Report 2021- 26: Explore The Marke …
The Global Superabsorbent Polymer Market is likely to grow at a CAGR of 5.2% in the forecast period of 2021-26, says MarkNtel Advisors in their research report. It primarily attributes to various technological advancements, superior expansion of the agriculture sector, and constant urbanization. The research report “Global Superabsorbent Polymer Market Analysis, 2021” further states that the burgeoning demand from the baby diaper segment and consequent increase in the use of female
Boost in Smart City Projects Surging the Demand for Rental Construction Equipmen …
The Saudi Arabia construction equipment rental market is expected to experience robust experience in the forecast period owing to the factors such as increasing government focus toward non-oil sector, burgeoning investment toward construction activities such as roads, highways, metros, bridges, and rising inclination of companies toward using rental construction equipment as it helps in avoiding high initial cost of purchasing equipment and depreciation cost along with low maintenance and repair

All 5 Releases


More Releases for Africa

Frenchie Africa Introduction
Johannessburg, Gauteng, South Africa, 17 February 2021 – Frenchie Africa has announced the initiation of their website and Social Media channels to the public. Frenchie Africa will follow the journey of two French Bulldogs, Bakari and Jamani as they grow up in Africa. From their homebase, a small but cozy, custom-built log cabin in South Africa, Frenchie Africa will chronicle the lives of Bakari and Jamani and their owners Ross and
Baby Food in South Africa
Summary Although many consumers have been hard pressed over the last two years or so, as levels of consumer debt have mounted, the market for baby food has so far been fairly resilient, as purchases are predominantly still made by the upper income groups, who have suffered less than others from the difficult economic situation. Research published by Analytics Business Intelligence indicates that in 2011 some 41% of users of baby
14th Africa Independents Forum
The 14th Africa Independents Forum 2016, 25-26th May, gathers together leading independents and corporate players worldwide and from across Africa, both listed and unlisted, large and small, established and new entrants, and provides enhanced exposure to the wider Africa-wide upstream industry in oil, and gas, exploration and development, including issues in crude oil and financial markets, engaging equity financiers, banks, private equity and investors found on the AIM and LSE,
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and
23rd Africa Oil Week
While the African Continent continues to attract a steady stream of oil and gas commitments in its fast-growing oil, gas-LNG and energy industry, our landmark Africa Oil Week 2016 event will again showcase Africa’s Governments, National Oil Companies, Licensing Agencies and corporate players shaping the continent’s future – in exploration and production/development, across new frontiers and established basins; onshore in the Rifts and offshore in the shelf and deep-water, providing
Vizocom Selects iSAT Africa as its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, February 29, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and