Global Animal Nutritional Ingredients Market to generate USD 19.05 billion by the end of 2028 | Key Players, Demands, Trend, Growth Rate

The Global Animal Nutritional Ingredients Market is expected to generate USD 19.05 billion by the end of 2028, up from USD 1.28 billion in 2021. As per FAO reports, livestock products account for about 30 per cent of the global value of agriculture and 19 per cent of the value of food production and provide 34 per cent of protein and 16 per cent of the energy consumed in human diets. Thus, the high demand for animal-based protein is boosting sales of soybean, fish oil and grains, essential for animal nutrition.

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The global animal nutritional ingredients market refers to the market for ingredients used in animal feed to provide necessary nutrients and improve animal health and productivity. These ingredients can include vitamins, minerals, amino acids, enzymes, probiotics, and prebiotics.

The market is segmented based on type, application, and region. The type segment includes amino acids, minerals, vitamins, enzymes, probiotics, and prebiotics. The application segment includes poultry, swine, ruminants, aquaculture, pets, and others. Geographically, the animal nutritional ingredients market is segmented into North America, Europe, Asia Pacific, and the rest of the world.

Asia Pacific dominates the animal nutritional ingredients market, due to the high demand for animal protein and the growing livestock industry in the region. North America and Europe are also significant markets for animal nutritional ingredients, due to the increasing trend of pet ownership and the growing demand for organic and natural animal feed ingredients.

The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include ADM, Evonik Industries AG, DSM, BASF, International Flavors & Fragrances Inc. (DuPont), CHR Hansen, Cargill Incorporated, Novus International, Bluestar Adisseo, Kemin Industries.
These players are focusing on product innovation, partnerships, and acquisitions to expand their market share in the global animal nutritional ingredients market.

This study also provides the competitive landscape and profiles some of the leading players in the Global Animal Nutritional Ingredients Market including ADM, Evonik Industries AG, DSM, BASF, International Flavors & Fragrances Inc. (DuPont), CHR Hansen, Cargill Incorporated, Novus International, Bluestar Adisseo, Kemin Industries. The company profiling includes critical information such as a business overview, products and services, key financials, and recent events and developments. Overall, the report provides a detailed overview of the Global Animal Nutritional Ingredients Market, which will assist industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players looking for opportunities, and other stakeholders in aligning their market-centric strategies with current and expected future trends.

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