STAY-C For Feed Market Size, Share, Trends, Growth, Opportunities And Strategies 2024

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

STAY-C For Feed Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $5.98 billion In 2028 At A CAGR Of 8.1%.

The stay-c for feed market size has grown strongly in recent years. It will grow from $4.02 billion in 2023 to $4.39 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to livestock health concerns, regulatory compliance, rising meat consumption, feed efficiency emphasis, disease outbreaks.

The stay-c for feed market size is expected to see strong growth in the next few years. It will grow to $5.98 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing focus on antibiotic alternatives, rising consumer demand for quality meat, environmental sustainability concerns, precision livestock farming, strategic alliances in the livestock industry. Major trends in the forecast period include technological advancements in feed additives, increased research and development, blockchain traceability in feed supply chain, plant-based additives, digitalization of feed management.

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STAY-C For Feed Market Major Segments
The stay-c for feed market covered in this report is segmented -

1) By Function: Single Functioned, Multi Functioned
2) By Formulation: Dry, Liquid, Other Formulations
3) By Livestock: Swine, Ruminants, Poultry, Aquatic Animals, Other Livestock

Key Driver - Surge In Meat And Poultry Demand Drives The Stay-C For Feed Market

The increase in the demand for meat and poultry products is expected to boost the growth of the STAY-C for feed market going forward. Meat refers to animal flesh consumed as food, including fish, fowl, and poultry products. STACY-C is necessary to maintain the feed's health and produce collagen, which supports the muscles, vascular tissues, bones, and cartilage. For instance, according to the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization to stimulate economic progress and world trade, the consumption of pork meat increased from 106.279 million tons in 2020 to 108.775 million tons in 2021. Moreover, in June 2022, according to Canada's National Statistical Agency, a Canada-based government organization that provides vital information on social, cultural, and environmental concerns, poultry meat sales increased to $3.7 billion in 2021-a 14.9% increase from the previous year-for the seventh consecutive year. Similarly, 848.2 million dozen eggs were produced in Canada in 2021, a 1.1%-year increase. Therefore, the increase in the demand for meat and poultry products is driving the growth of the STAY-C for feed market.

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Prominent Trend - Cargill Leads The Way With Essential Oils In Nutrena Naturewise Chicken Feed

Major companies operating in the stay-c-for feed market are focusing on product innovations such as essential oils into its chicken feed and Nutrena Naturewise to better meet the needs of their existing consumers. Essential oils in chicken feed offer various health benefits and promote overall well-being . For instance, in October 2021, Cargill Inc., a US-based food corporation, enhanced Nutrena NatureWise by adding essential oils. The natural essential oils help to improve egg production, weight, and size, as well as make the eggs more palatable and smell fresh right out of the bag. Apart from enhancing egg weight, size, and feed palatability, NatureWise feeds also include a patented component blend called FlockShield that boosts immunity and promotes gut health.

STAY-C For Feed Market Players
Major companies operating in the stay-c for feed market report are Cargill Incorporated, Archer-Daniels-Midland Company, BASF SE, Charoen Pokphand Foods Public Company Limited, Evonik Industries AG, CP Group, Solvay Group, DSM, Guangdong Haid Group Co Ltd, ForFarmers N.V., Nutreco N.V., Chr. Hansen Holding A/S, New Hope Group, Balchem Corporation, Longxing Chemical Stock Co. Ltd., Spectrum Chemical Manufacturing Corporation, Plamed Group, Lallemand Inc., Polifar Group, Hugestone Enterprise Co. Ltd., Kangcare Bioindustry Co. Ltd., Shanghai Longyu Biotechnology Co. Ltd., Tianjin YR Chemspec Technology Co. Ltd., Ajinomoto Co. Inc., Hubei Artec Biotechnology Co. Ltd.

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the STAY-C for feed market in 2023. The regions covered in the stay-c for feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. STAY-C For Feed Market Report Structure
3. STAY-C For Feed Market Trends And Strategies
4. STAY-C For Feed Market - Macro Economic Scenario
5. STAY-C For Feed Market Size And Growth
…..
27. STAY-C For Feed Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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