Press release
Animal Feed Additives Market by Regional Analysis, Key Players and Forecast 2024
Global Animal Feed Additives Market for Ruminants: SnapshotThe key driver for all producers of animal feed additives for ruminants is the globally increasing demand for meat and dairy. This applies especially to developing countries, where the growing population densities and increasing disposable incomes are generating a vast consumer base for animal products.
This 91 page report gives readers a comprehensive overview of the Animal Feed Additives Market. Browse through to unlock the hidden opportunities in this market @
http://www.transparencymarketresearch.com/animal-feed-additives-market.html
A substantial portion of the animal feed additives for ruminants are intended for dairy animals over meat, due to the rapidly increasing demand for dairy and dairy products.
A lot of players – both top tier and regional – are looking into developments in coating technologies for animal feed. These coatings are increasing in importance as they help improve the effectiveness of the animal feed.
The resulting effect of all the above factors is a CAGR of 4.3% from 2015 to 2021 in revenue for the global animal feed additives for ruminants market. This market is expected to reach US$4.7 bn by the end of 2016 and US$5.9 bn by the end of 2021.
Asia Pacific to Exhibit Leading Demand for Animal Feed Additives for Ruminants
By the end of 2021, Asia Pacific is expected to hold 32.6% of the revenue in the animal feed additives for ruminants market. This will account for the largest share in revenue, close to the percentage that the region held in 2014. A large part of this leading share is attributed to the high cattle population in the region. China and India are the two biggest regions in terms of demand for animal products demand owing to growing population densities. There is an especially high demand for dairy products from these countries. Additionally, the Asia Pacific region is ramping up its exports of meat to other regions, further increasing the demand for quality animal feed.
North America is also showing an increase in the demand for cattle-based meat and dairy. A large part of the increase in demand comes from the expanding cattle population of Canada. Furthermore, the animal husbandry industry in North America is guided by strict regulations that only allow meat and dairy above a specific grade to be sold. This has added to the demand for high-quality animal feed additives for ruminants.
Most of Animal Feed Additives for Ruminants Continues to be Taken up by Cattle
Cattle were the leading animal type in terms of demand for animal feed additives for ruminants in 2014. By 2021, cattle are expected to take up 80.80% of the total animal feed additives revenue generation. Owing to the high demand for cattle meat and dairy across the world, the improvements in cattle feed additives is expected to generate large amounts of demand as well. This is drawing a greater number of players towards this sector and allowing them multiple opportunities of expansion.
Another key reason for the growing demand for animal feed additives for cattle is the growing concern over the health of the cattle and consequently, the quality of the meat and the health of the consumer.
Get accurate market forecast and analysis on the Animal Feed Additives Market. Request a sample to stay abreast on the key trends impacting this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7772
The key players in the global animal feed additives market for ruminants include DSM, BASF SE, Danisco A/S, Elanco Animal Health, Evonik Industries, Novozymes, Alltech, Inc., Archer Daniels Midland Co., and Chr. Hansen Holding A/S.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Animal Feed Additives Market by Regional Analysis, Key Players and Forecast 2024 here
News-ID: 675854 • Views: …
More Releases from Transparency Market Research- Food and Beverage
Fractionated Shea Butter in Cosmetics and Personal Care Market Expected to Incre …
Transparency Market Research (TMR) offers elaborated insights into the global fractionated shea butter in cosmetics and personal care market, in its upcoming market outlook titled, 'Fractionated Shea Butter in Cosmetics and Personal Care Market: Global Industry Analysis and Forecast 2018-2026'. The global fractionated shea butter in cosmetics and personal care market is projected to register a compound annual growth rate of around 4.5% in terms of market value during the…

Frozen Seafood Market: Leading Players to Shift Focus towards Strategic Partners …
The competition between the major sellers of seafood all over the world, like High Liner Foods, Grupo Pescanova, Beijing Princess Seafood International Trading, The Union Frozen Products, Nomad Foods Europe, Leroy Seafood, Marine Harvest ASA, Iglo Group, Clearwater Seafood, and AquaChile, portrays competitive landscape which is dominant in the global market for frozen seafood, reports Transparency Market Research (TMR). These major sellers are currently challenging each other based on the…

Food Hydrocolloids Market: Increasing Uptake of Ready-to-eat Meals Makes Signifi …
The global food hydrocolloids market is extremely competitive in nature with a large number of international and regional players operating in it across the globe, states a new market research study by Transparency Market Research. The increasing number of mergers and acquisitions and strategic collaborations and the entry of new players are some of the major factors that estimated to strengthen the competitive environment of the global market throughout the…

Nutraceuticals Market Rides High on Rising Inclination for Natural Ingredients
With a handful of companies commanding more than half market share, the global nutraceuticals market features a largely consolidated vendor landscape. Key players, namely BASF SE, Royal DSM N.V., Groupe Danone S.A., and Nestle S.A. held more than 52.1% of the overall market in 2014. These companies hold large shares as they offer an array of products including functional food, functional beverages, and nutritional supplements. Strategic collaborations and mergers and…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…