Press release
Poultry Feed Preservatives Market Size Worth USD 228.16 billion by 2030 | CAGR: 9.40%: DBMR
The important Poultry Feed Preservatives Market research study offers extensive structural analysis of the market as well as market segment and sub-segment evaluations. This market study also includes reviews of important players, significant partnerships, mergers, and acquisitions, as well as information on business practices and emerging technologies. This market analysis will undoubtedly assist firms in managing the marketing of goods and services by helping them make better, more informed decisions. Carefully considered, transparent, and qualitative research studies are conducted in order to provide an exceptional Poultry Feed Preservatives Market report for a certain niche.Explore Further Details about This Research Poultry Feed Preservatives Market Report https://www.databridgemarketresearch.com/reports/global-poultry-feed-preservatives-market
Farmers feed poultry birds such as ducks, turkeys, chickens, geese, and other domestic birds with poultry feed. Modern feed is made by careful selection and mixing of ingredients to make a highly nutritious diet that maintains poultry birds' health while also boosting the quality of end products like meat and eggs. The primary elements required by poultry birds for development, reproduction, maintenance, and health are minerals, vitamins, carbohydrates, proteins, and water.
Data Bridge Market Research analyses that the poultry feed preservatives market was valued at USD 111.2 billion in 2021 and is expected to reach the value of USD 228.16 billion by 2029, at a CAGR of 9.40% during the forecast period 0f 2022 to 2029. The market is expanding due to growing concerns about animal health.
Market Definition
Food preservation relies heavily on preservatives. Preserves for feed are used in animal feedstuffs to prevent damage to the feed and to increase its preservability. Antioxidants and preservatives, particularly in feeds, are required to avoid the oxygenation of animal oils and fats. They are also needed in dry feeds.
Drivers
Rising usage of feed preservatives
Rising feed preservative usage to increase the nutritional content of the animal feed, changing consumer eating habits and growing population, growing preferences for animal-based protein consumption, and growth of the livestock industry are some of the factors that will likely boost the development of the poultry feed preservatives market during the forecast period
Rising awareness for food safety
Rising awareness of food safety and animal health will also act as a growth driver for the market, as will rising demand for animal protein, an increase in the animal population, and the remarkable benefits of feed preservatives.
Furthermore, due to rising incomes, changing lifestyles, and increased health consciousness, there has been a shift in dietary habits, with consumers decreasing the number of carbohydrates in their diets and increasing the protein content. This has boosted global demand for meat, seafood, milk, and eggs. Other factors driving the feed additives market include the industrialization of meat production, a growing emphasis on livestock disease prevention, rising concerns about the quality of livestock products, etc.
Recent Development
Cargill launched a feeding intelligence platform in October 2019 to provide farmers with resources on the most recent intelligent animal production practices to assist farmers in navigating and improving their operations across all species, including poultry animals.
In May 2018, ForFarmers introduced APOLLO, a new broiler feed brand, to broiler producers in the United Kingdom and northwest Europe. The new feed line was designed to help modern broiler birds grow and stay healthy.
Global Poultry Feed Preservatives Market Scope
The poultry feed preservatives market is segmented on the basis of type, and feed type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Feed acidifiers
Mould inhibitors
Feed antioxidants
Anticaking agents
On the basis of type, the poultry feed preservatives market is segmented into feed acidifiers, mold inhibitors, feed antioxidants, and anticaking agents. Feed acidifiers have been further segmented into propionic acid, formic acid, lactic acid, sorbic acid, and other acidifiers. Mold inhibitors have been further segmented into propionates, benzoates, and natamycin. Feed antioxidants have been further segmented into BHA, BHT, and ethoxyquin.
Feed type
Compound feed
Feed premix
Feed meal
Silage
Other
Based on feed type, the poultry feed preservatives market is segmented into compound feed, feed premix, feed meal, silage, and other feed types. Other feed types have been further segmented into mixed feed and feed raw materials.
Some of the major players operating in the poultry feed preservatives markets are:
Dow (U.S)
BASF SE (Germany)
Hansen Holding A/S (Denmark)
DSM (Netherlands)
DuPont (U.S)
Evonik Industries AG (Germany)
NOVUS INTERNATIONAL (U.S)
Alltech (U.S)
Associated British Foods plc (U.K)
Charoen Pokphand Foods PCL (Thailand)
Cargill, Incorporated (U.S)
Nutreco (Netherlands)
(Netherlands)
De Heus Animal Nutrition (Netherlands)
Land O'Lakes (U.S)
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