Latest Animal Feed Additives Market Research Report Up to 2031
Growing consumption of meat products in major countries in Asia Pacific is a key factor augmenting market growth of animal feed additives within the region.
Download Exclusive Sample of Report @ https://www.visiongain.com/report/animal-feed-additives-market/#download_sampe_div
COVID-19 Impact on Animal Feed Additives Market
The outbreak of COVID-19 pandemic and the economic recession that is looming in the major countries has slowed down businesses to a great extent. Revenues have plummeted, and in some cases companies were forced to shut shop due to lack of cash flow. However, food industry is one of those industries that haven’t been affected much by the recession. Demand for feed additives will remain in continuity despite the economic scenario in a country. However, lockdown imposed in several countries did affect the sale of animal feed additives as majority of the retail shop had to close down, following lockdown protocols. However, that phase passed quickly as most countries were keen to get back up on their feet. Further, during the lockdown period, lack sale of animal feed additives from physical retail stores were somewhat compensated by online purchases, as it skyrocketed during that time. In India, the share of e-commerce went up from 6.4% in Q2 2019 to more than 8.5% in Q2 2020.
Growing Meat Consumption
Growing meat consumption is one of the key factors supporting market growth of animal feed additives. Meat product has risen substantially and has doubled between 1989 to 2019, and this trend is expected to display a similar behaviour in the coming years as well. It is expected that global meat consumption will be somewhere between 500-570 million tons. Per capita consumption of meat in the U.S. stood at 124 kilograms in 2019, while Australia came second with 122 kilograms in the same year. Meanwhile, in India, consumption of poultry meat stood at approximately 3,819.2 tonnes in 2019. Meat is high in protein as 100 gm of meat contains roughly 26 gm of protein. China and India are expected lead in terms of protein demand in the future, contributing 31% and 16% respectively to the global demand for protein. The consumption of meat comes with several benefits such as increased metabolism, stronger bone density, and better absorption of iron among others.
Growing Demand for Food Safety & Quality
Food safety has become a key concern among customers. This awareness has developed inside customers over the years, and the trend is very much visible in the developed nations such as the U.S., Canada, Germany, and U.K. among others. Customers in these countries are concerned about the key attributes regarding a product such as its source, product clarification, type and amount of additives used in the product and various others. This is because, the demand for frozen meat products in these countries is fairly high. Consumers in these countries usually prefer purchasing frozen and processed meat products instead of fresh products. However, the purchasing trend of meat products is slightly different in Asian countries, as people in these countries prefer to buy fresh meat products from local shops. In case of India, the purchase of poultry meat is usually done from local meat shops, and not from supermarkets.
Get Detailed TOC @ https://www.visiongain.com/report/animal-feed-additives-market/#download_sampe_div
Growing Penetration of IoT in the Supply Chain
Internet of things is rapidly making its mark in several end-use industries such as food & beverages, consumer goods, and healthcare among others. Food & beverage companies are investing heavily in IoT to ramp up their supply chain operations. IoT in the supply chain process makes way for real-time tracking of the products. Devices such as GPS monitors along with various type of sensors can track everything such as the shipments location, its current temperature, humidity levels. IoT devices can track shipments that are not in a safe temperature zone and can help protect customers from buying or consuming spoiled goods.
Shifting Inclination towards Natural Ingredients
Consumers, especially in the developed nations are gradually showing a growing penchant towards the consumption of products with natural ingredients. This is due to the ban imposed on synthetic additives by governments in several countries. For instance, in 2017, the FDA banned the use of antibiotics that made animals grow quicker, also known as growth promotion. Further, the German government has expressed multiple concerns about volume of antibiotics used in poultry, since chickens in the country displayed a high amount of antibiotic resistant superbugs in them. The push by the government on banning antibiotic feed additives along with customer/manufacturer awareness about the existence of natural additives is expected to work in favour of the animal feed additives market in the coming years.
Some of the companies profiled in the report include Archer Daniels Midlands Company, Cargill Inc. DuPont De Nemours Inc., and BASF SE among others. These companies are involved in several organic and inorganic strategies in order to ensure long term sustenance in the animal feed additives market. For instance, in July 2020, BASF announced the acquisition of Cloudfarms, a software company engaged in livestock farm management, precision farming, and traceability, with the ultimate focus on big production. The Cloudfarm livestock farm management solution allows producers across the globe to improve the productivity and efficiency of complex farming operations.
Request Customized Report as Per Your Requirements @ https://www.visiongain.com/contact/
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.
Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Animal Feed Additives Market and leading companies. You will find data, trends and predictions.
Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: firstname.lastname@example.org
Tel: + 44 207 549 9987
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Research Insight: https://www.visiongain.com/animal-feed-additives-market-analysis/
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
This release was published on openPR.
Permanent link to this press release:
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 Latest Animal Feed Additives Market Research Report Up to 2031 here
News-ID: 2334710 • Views: 240
More Releases from Visiongain Research
Checkpoint Inhibitors for Treating Cancer Market Report up to 2031
Visiongain has published a new report: Checkpoint Inhibitors for Treating Cancer Market Report 2021-2031: Forecasts by Category (PD1 Inhibitors, PD-L1 Inhibitors, CTLA-4 Inhibitors, Cytokines Targets, Immuno Adjuvants, Immunomodulators), by PD1 Inhibitors (Pembrolizumab (Keytruda), Nivolumab (Opdivo), Cemiplimab (Libtayo)), by PD-L1 Inhibitors (Atezolizumab (Tecentriq), Avelumab (Bavencio), Durvalumab (Imfinzi)), by CTLA-4 Inhibitors (Ipilimumab (Yervoy)), by Immuno Adjuvants (Imiquimod, Poly ICLC (Hiltonol)), by Immunomodulators (Pexidartinib (Turalio)), by Cytokines Targets (Aldesleukin, GM-CSF, Interferon Alfa-2a, Interferon
Global Thermoelectric Market Research Report up to 2031
Visiongain has published a new report entitled the Thermoelectric Market Report 2021-2031: Forecasts by Products (Thermoelectric Coolers (TECs), Thermoelectric Generators (TEGs), Thermoelectric Assemblies, Alloys of Te-Ag-Ge-Sb (TAGS) Blocks/Liquid Cold Plates, Thermal Interface Materials (TIM)), by Material (Chalcogenides Materials, Half Heusler Alloys, Skutterudites, Alloys of Te-Ag-Ge-Sb (TAGS), Oxide Materials), by Technology (Molecular Beam Epitaxy (MBE), Metal Organic Chemical Vapor Deposition (MOCVD), Electrochemical Deposition (ECD), Flash Evaporation (FE), Pulsed Laser Deposition (PLD),
Direct-to-Patient Market Research Report Up to 2031
Visiongain has launched a new report Direct-to-Patient Market Report 2021-2031: Forecasts by Type (Direct-to-Patient Marketing, Direct-to-Patient Health Services, Direct-to-Patient Clinical Trials, Direct-to-Patient Logistics), by Marketing (DTC Prescribed Drug Advertising, Disease Awareness Campaigns, Brand Promotion, Healthcare Services Promotion, Laboratory Testing Promotion, Other), by Health Services (Tele Consultation, Drug Prescription, Medical Call Centres, Tele-sampling, Online Services), by Clinical Trials (Tele Health Screening, Investigational Medicinal Product (IMP), Patient Support Systems, Other), by Market
Biostimulants Market Research Report Up to 2031
Visiongain has published a new report on Biostimulants Market Report to 2031. Forecasts By Ingredient (Humic substances, Humic acid, Fulvic acid, Seaweed extracts, Microbial amendments, Amino acids, Vitamins, Trace Minerals, Polysaccharides, Others Ingredients) by Crop Type (Cereals & grains, Fruits & vegetables, Turf & ornamentals, Oilseeds & pulses, Forage and Plantation Crops, Others), by Application Method (Foliar treatment, Soil treatment, Seed treatment) Form (Dry, liquid) PLUS COVID-19 Impact Analysis and
More Releases for Vitamin
Global Vitamin Market 2019- By Product Type (Vitamin A,Vitamin B3,Vitamin B5,Vit …
"Global Vitamin Market - Volume and Value Analysis By Product Type (Vitamin A,Vitamin B3,Vitamin B5,Vitamin D3,Vitamin E,Vitamin C), By End User, By Region, By Country: Opportunities and Forecast (2019-2025) - By Region (N. America, ROW,Europe, APAC ), By Country (USA, Canada, Mexico, Rest of Europe, China, India, Japan,Rest of North America, Germany, France, Italy, Spain, South Korea, Rest of Asia)" Key Players Dominating the Global Vitamin Market DSM, Lonza, CSPC Pharmaceutical Group,
Prenatal Vitamin Supplements Market
“The global prenatal vitamin supplements market is expected to gain momentum as leading players forge strategic partnerships,” said a lead TMR analyst. As companies collaborate into a joint venture, they are primarily aiming at introducing brands to customers around the world and development of new products. Spurred by this, the global prenatal vitamin supplements market is forecast to exhibit strong growth between 2016 and 2024. The presence of a large number
Vitamin D Ingredients Development Market: Vitamin D3 to Outrank Vitamin D2 as th …
"Vitamin D Ingredients Market: Vitamin D3 to Outrank Vitamin D2 as the Most Attractive Segment in Value and Volume Terms Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- Recording the highest CAGR both in terms of value and volume, the Vitamin D3 segment is the undoubted leader in the product type segment The Vitamin
Vitamin Deficiency Treatment Market
Undernourishment in the underdeveloped countries is the major driver of growth of global vitamin deficiency treatment market. High incidence of anemia, paraesthesia and other hypovitaminosis are the other major factors contributing to hike in global vitamin deficiency treatment market. Vitamin supplements are also used as an adjunct therapy in many disorders including alopecia, depression, ulcers etc., high prevalence of which can propel the growth of global vitamin deficiency treatment market.
Sunshine vitamin boosts fertility
A study reveals that the higher the vitamin D level, the greater the chance of pregnancy following artificial insemination An optimum supply of vitamin D is one of the success factors for so-called in-vitro fertilisation, artificial insemination in a test tube. The results of a scientific study by the Faculty of Medicine at Kocaeli University in Turkey reveal that the higher the concentration of vitamin D in the follicular fluid surrounding
Ultra Formula Vitamin D By Vitamin Power Is A New Potency Level For This Staple …
Vitamin Power has created this new Vitamin D product at higher potency of 2000 IU (International Units). It is now available from the Vitamin Mineral Shop. Established in 1975, Vitamin Power is an exclusive line of nutritional healthcare products. The addition of Ultra Formula Vitamin D enhances this line. Vitamin Power will be distributing this new product in the same manner as the rest of the line, through