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Global Animal Feed Additives Market trends estimates high demand by 2024

06-13-2017 12:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: zion market research

Global Animal Feed Additives Market trends estimates high

Zion Market Research, the market research group announced the analysis report titled 'Animal Feed Additives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'

Global Animal Feed Additives Market: Overview

Animal feed additives are utilized in animal nutrition to improve the properties and quality of animal feed. Feed additives help by enhancing the digestive performance, overall gut health, appetizing maintenance, and other factors. Thus, they boost the health of the animal and hence, improve the quantity and quality of meat produced.

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Global Animal Feed Additives Market: Growth Factors

The key factors propelling the growth of the global animal feed additives market include industrialization of meat products, increasing alertness about the quality of meat and dairy products utilized, and raising consumption of meat globally. However, high costs of raw material may probably hinder the growth of the global market as most of the additives such as antioxidants, vitamins, and feed acids are obtained from natural sources comprising tree barks, seeds, leaves, and so on.

Global Animal Feed Additives Market: Segmentation

The global animal feed additives market may be segmented based on type, function, livestock, form, and region. The type segment of the global market is divided into amino acids, acidifiers, binders, antibiotics, minerals, vitamins, antioxidants, and enzymes. The amino acid segment is sub-segmented into lysine, tryptophan, methionine, and threonine. The binders segment is divided into guar gum, calcium lignosulphonate, and others. The minerals segment is diversified into iron sources, copper sources, zinc sources, manganese sources, and others. The vitamins segment of the global animal feed additives market is classified into fat-soluble and water-soluble. The antioxidant segment is sub-segmented into BHT, BHA, ethoxyquin, and others. The enzyme segment is divided into protease, phytase, non-starch polysaccharides, and xylanase. The enzymes segment of the market is anticipated to grow at a fast pace as it proves to be beneficial to the livestock by increasing the availability of nutrients which are vital for cell repair and growth. The function segment of the market is classified into the multifunction and single function. The livestock segment of the animal feed additives market is diversified into ruminants, poultry, swine, and aquatic animals. The aquatic animal segment is growing substantially due to increased demand for aquatic animal products and fish, and also the increased breeding of aquatic animals. The formulation segment of the global market is sub-segmented into dry, liquid, and others (powder and pellets).

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Global Animal Feed Additives Market: Regional Analysis

The Asia-Pacific region is anticipated to dominate the global animal feed additives market due to the remarkable rise in feed production, increasing alertness regarding the quality of dairy, meat, and related products among consumers in India and China.

Global Animal Feed Additives Market: Competitive Players

The prominent players in the global animal feed additives market include BASF SE, Alltech Inc, Cargill, Inc., Novozymes A/S, Evonik Industries AG, and Charoen Pokphand Foods Public Company Limited. The other key players in the global market are Nutreco N.V., Addcon Group, Archer Daniels Midland Company, Adisseo France SAS, Kemin Industries, Chr. Hansen Holding A/S, and Biomin.

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Global Animal Feed Additives Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa

Our value reports provide full, in-depth analysis of the parent market including most significant changes in market dynamics; the report also presents the detailed overview on segmentation of this market. We managed to present as many important pieces of information in essential form – thanks to our report You will learn more about former, on-going, and projected market analysis in terms of volume and value, assessment of niche industry developments and Market share analysis. We have not forgotten to present key strategies for major players, emerging segments and regional markets and last but not least, testimonials to companies in order to fortify their foothold in the market.

Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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