Forecast report for Global Acids & Nutrients in Animal Nutrition Market by 2016-2024
Acids & Nutrients in Animal Nutrition Market: Overview
For the proper growth and health of animals, acids and nutrients are required in the feed. The animal feed manufacturers have started providing nutritional feed to the animals that are rich in proteins, acids, and nutrients. It is mainly owing to the factor that, currently, there is a high demand for milk and meat of animals. These sectors are encouraging the feed manufacturers to come up with feeds that have high nutritional value so that the animals are healthy and are protected against harmful diseases. In the past, the swine feed was badly affected due to the emergence of the disease swine flu. The major feeds that are available in the market are poultry, ruminant, and swine feeds. There are also small shares from the aquatic and equine feeds.
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Acids & Nutrients in Animal Nutrition Market: Segmentation
The global acids & nutrients in animal nutrition market are segmented into its type, application, and regions. Based on the type of the acids and nutrients in animal nutrition, the market is categorized into minerals, carbohydrates, organic acids, vitamins, proteins, amino acids, fibers, and others. On the basis of the applications, the global acids & nutrients in animal nutrition market are segmented into ruminant feed, aquatic feed, equine feed, poultry feed, and swine feed. The acids & nutrients in animal nutrition market are further diversified into regions such as Asia Pacific, North America, Europe, and Rest of the World.
Acids & Nutrients in Animal Nutrition Market: Growth Factors
The growing awareness of animal feed quality for domestic animals as well as the nutrient requirements required for them is driving the acids & nutrients in animal nutrition market. The growth in the usage of the animal feed is anticipated to have the positive impact on the market growth in the coming years. Rising milk and meat industries is influencing the feed manufacturers to provide high quality feeds that are rich in acids and nutrients, thus contributing to the market growth. Good nutrition rich feeds ensure good health to the livestock and prevent them from endemic diseases. The usage of amino acids is more owing to its beneficial characteristics. The animal feed for ruminants dominate the acids and nutrients in animal nutrition market and is going to continue the same in the coming years. High volume requirements of animal feed for cattle is a major factor for the global acids & nutrients in animal nutrition market growth. There has been a huge development in the aquaculture for the maintenance of health and nutrition of the aquatic animals due to the high human consumption of fishes and other marine animals which are positively helping in the market growth.
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Acids & Nutrients in Animal Nutrition Market: Regional Analysis
The Asia Pacific region dominates the acids & nutrients in animal nutrition market. It is mainly due to the increasing population that consumes the high amount of meat, milk and meat products, contributing to the market growth. Asia Pacific and South America consume the major amount of amino acids for animal feed additives due to the low cost and availability, thus driving the market. Regions such as Europe and North America also have ample share in the growth of the acids & nutrients in animal nutrition market.
Acids & Nutrients in Animal Nutrition Market: Competitive Players
Some of the major industries operating in the acids & nutrients in animal nutrition market include BASF SE, Cargill Inc., Charoen Pokphand Foods Pcl, Nutreco N.V., Novus International Inc., Adisseo France S.A.S., Evonik Industries Ag, Archer Daniels Midland Company, Royal DSM N.V., and Alltech.
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Acids & Nutrients in Animal Nutrition Market: Regional Segment Analysis
The Middle East and Africa
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What Report Provides
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.
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