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Global Animal Feed Additives Market report, market size, share, trends, analysis and forecast to 2028
Stratistics MRC's Global Animal Feed Additives Market value is expected to reach $57.61 billion growing at a CAGR of 5.5% during 2022-2028.Animal feed additives are the food supplements for farm animals for improving feed quality along with quality of food from animal source and improve animal performance and health. Feed additives are mixed with animal feed to increase its nutritional value that imparts extra benefits for animals and consumers as well. Enlarged nutritional value promotes good health in animals. They are various types of feed additives catering to a host of nutritional requirements depending upon livestock.
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By geography, North America is projected to hold the largest market share during the forecast period, due to the rising occurrence of cardiovascular disorders, diabetes, and cancer within this region. A rise in chronic diseases that need regular monitoring and the presence of refined healthcare infrastructure are further possible to drive market growth.
Some of the key players profiled in the Animal Feed Additives Market include BASF SE, Cargill, Dupont, Biomin Holdings GmbH, Dr. Eckel GmbH, DSM, MIAVIT GmbH, Novus International, Inc., Impextraco, ITPSA (Industrial Técnica Pecuaria), Kemin Industries, Lucta, Nutriad, Alltech Inc., Neovia, Orffa, Andres Pintaluba, S.A, Kaesler Nutrition GmbH and Novozymes.
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● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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