Press release
Animal Feed Additives Market Set for Major Expansion with Cutting-Edge Developments | Adisseo, ADM, Ajinomoto, Alltech Inc.
𝐀𝐧𝐢𝐦𝐚𝐥 𝐅𝐞𝐞𝐝 𝐀𝐝𝐝𝐢𝐭𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟒𝟒.𝟕𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑. 𝐓𝐡𝐞 𝐚𝐧𝐢𝐦𝐚𝐥 𝐟𝐞𝐞𝐝 𝐚𝐝𝐝𝐢𝐭𝐢𝐯𝐞𝐬 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 𝟕𝟏.𝟖𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟓.𝟓% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝 (𝟐𝟎𝟐𝟒 - 𝟐𝟎𝟑𝟐).𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:
Animal feed is specifically designed for food provided to domesticated animals to fulfill their needs for growth, sustenance, and reproduction. With consideration of the unique requirements of every animal species, it usually consists of a diverse range of nutrients, including grains, proteins, vitamins, and minerals. Feeding cattle and poultry with high-quality feed is essential to their general health, productivity, and well-being.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐄𝐱𝐜𝐞𝐫𝐩𝐭 𝐍𝐨𝐰:
https://www.polarismarketresearch.com/industry-analysis/animal-feed-additives-market/request-for-sample
𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:
Farmers and producers are increasingly using feed additives as a beneficial tool to meet the growing demand for high-quality animal products.
The growing emphasis on organic and natural alternatives, combined with advances in biotechnology, creates an opportunity for market players to fulfill both the demand for animal products and the requirement for environmentally sustainable and ethical farming techniques.
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
In this extremely competitive industry, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here is the list of the leading companies operating in the animal feed additives market:
Adisseo
ADM
Ajinomoto
Alltech Inc.
ANOVA Group
BASF
BIOMIN Holding GmbH
Cargill Inc.
Centafarm SRL
Chr. Hansen Holding
DSM
DuPont
Evonik Industries
Kemin Industries, Inc.
Novozymes,
Olmix Group
TEGASA
𝐆𝐞𝐭 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
https://www.polarismarketresearch.com/buy/771/2
𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The market is primarily segmented based on livestock, type, form, and region. Based on the type of research, as the building blocks of proteins that are vital for the growth, development, and general health of animals, amino acids held the largest market share in the animal feed additives market in 2023.
Furthermore, the form analysis indicates that animal feed additives have dominated the market in their dry form over time. The ease of handling, storing, and transporting dry animal feed additives, such as powders, granules, and pellets, has drawn attention. During the feed manufacturing process, the dry form ensures uniform distribution and correct dosing because it is simple to integrate into different types of animal feed.
𝐀𝐧𝐢𝐦𝐚𝐥 𝐅𝐞𝐞𝐝 𝐀𝐝𝐝𝐢𝐭𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:
In 2023, the amino acids segment dominated the animal feed additives market, capturing the largest market share because amino acids are the building blocks of proteins, which are essential for animal growth, development, and overall health.
The dry form of animal feed additives is expected to dominate the market because dry animal feed additives, such as powders, granules, and pellets, have gained popularity due to their ease of handling, storage, and transportation. The dry form makes it simple to incorporate into various types of animal feed, ensuring uniform distribution and precise dosing during the feed manufacturing process.
The Asia Pacific region is expected to be the dominant region in the global animal feed additives market in 2023, owing to a robust agricultural sector and a significant presence of livestock farming operations.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/animal-feed-additives-market
𝐅𝐀𝐐'𝐬
What are the key segments in the Animal Feed Additives Market?
How much is Animal Feed Additives Market worth?
At what CAGR is the market predicted to grow during the forecast period (2024-2032)
Which regions is leading the global market?
What are the key driving factors in Animal Feed Additives Market?
𝐔𝐧𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐏𝐌𝐑 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:
https://www.openpr.com/news/3601078/insect-protein-market-trends-and-opportunities-growth
https://www.openpr.com/news/3601091/global-food-safety-testing-industry-trends-growth-forecast
https://www.openpr.com/news/3601146/beta-glucan-market-seeing-rapid-growth-with-progressive-trends
https://www.openpr.com/news/3601177/sorbitol-market-advancing-rapidly-with-progressive-trends
https://www.openpr.com/news/3601204/barley-market-sector-advancing-with-progressive-trends
Contact Us:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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