Animal feed additive market forecast, 2016-2021

According to the report “Global Compound Feed Market", published by Market Data Forecast, the global market is projected to reach USD $537.4 Billion by 2020, at a CAGR of 1.60% from 2015 to 2020.

Though it represents a small share in the agriculture market currently, it is one of the fastest budding sectors in the overall agriculture market. Compound feed consists of food products manufactured especially for animals.

Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally. Most commonly used raw materials are soybean, corn, barley; wheat and sorghum. Most common additives to form compound feed are, minerals, amino acids, antibiotics and colorants. Compound feed has become an essential part of the globally increasing livestock industry and meat production industry. The end consumers of the compound feed are poultry, pig, ruminants, fish etc.

Free sample of the report is available at http://www.marketdataforecast.com/market-reports/global-compound-feed-market-345/request-sample

Agriculture is a sector with enormous innovations and developments combining with the technology. Rise in global meat consumption, increase in awareness towards meat quality and safety, increase in mass production of meat, and recent livestock disease outbreak share the key drivers for the growth of the global Compound feed market. Technology innovations are also playing a crucial role in the advancement of this industry.



Product Segmentation:

1) Based on Ingredients:

Cereals
Cereals by-Product
Oil seed Meal
Oil
Molasses
Supplements
Others


2) Based on Supplements:

Vitamins
Antibiotics
Antioxidants
Amino Acids
Feed Enzymes
Feed Acidifiers
Others


3) Based on Animal type:



· Ruminant

· Swine

· Poultry

· Aquaculture

· Others


4) Geographical Segmentation:

North America
Europe
Asia-Pacific
Latin America
Middle East and Africa


Enquire more about the report at http://www.marketdataforecast.com/market-reports/global-compound-feed-market-345/inquire

The major companies operating in the global Compound Feed market are Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland Company, Land o’ lakes, Inc., Nutreco, ALLTECH, INC, New Hope Group Co. Ltd, Wen’s Group, ForFarmers B.V., Agribusiness Holding Miratorg, Kyodo Shiryo Company, Sodrugestvo Group S.A., DeKalb Feeds, Inc., De Heus B.V, Ballance Agri-Nutrients Ltd., J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, EWOS GROUP.

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