Animal Feed Additives Market: Global Industry Analysis 2020
Animal Feed Additives Market Size, Industry Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competiti
(EMAILWIRE.COM, January 02, 2017 ) The Global Feed Additives Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape etc. According to the report the Global Feed Additives Market is estimated to be $22.10 USD billion and predicted to rise to $27.54 USD billion with a CAGR of 4.50%.
The market is segmented by Type (Antibiotics, Antioxidants, Amino Acids, Enzymes, Vitamins, Mycotoxin Detoxifiers, Prebiotics, Acidifiers, Probiotics, Feed Pigments, Feed Binders, Flavours and Sweeteners, Feed Minerals) and Livestock (poultry, cattle, swine, aquatic animals). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa.
Free sample of the report is available at: http://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/request-sample
The growth of the Feed Additives market is majorly driven by factors such as the rise in global meat consumption, a better understanding of quality feed, industrialization of the livestock industry, danger of diseases in livestock, and the ecological impact of the meat and dairy industry. Technology innovations are also playing a crucial role in the advancement of this industry. Another major factor driving the growth of the market is the demand for low-cost meat with superior nutritional value throughout the globe. Different regulatory structures, volatile economies, and increasing cost of operations are the major restraining factors for the market. And also, increase in the cost of raw materials for feed additives is a key challenge for the companies in the market.
Scope of the Report:
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
The Poultry segment accounted for the highest revenue in 2015, the reason being that because of the increase in demand for poultry meat, consumer taste predilections, and rise in disposable incomes in developing economies, primarily in China and India. Amino Acids, antibiotics, acidifiers, and vitamins are the major sectors accounting for almost 50% of the entire feed additives market. Feed antioxidant is another high growth sector in this market owing to ramped-up efforts of manufacturers to avoid feed spoilage and wastage.
Asia-Pacific region accounts for the major share of the Global Feed Additives market. China is the major feed additives manufacturer in the world and accounts for around half the production of feed additives in the Asia-Pacific region. This region is expected to offer lucrative growth opportunities, owing to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat, and dairy and related products and is also projected to grow at the highest CAGR during the forecast period.
Enquire more about the report at: http://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/inquire
The major companies operating in the global Feed Additives market are BASF SE, Cargill, Inc., Alltech, Inc., Novozymes A/S, Chr. Hansen Holding A/S, Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Nutreco N.V., Evonik Industries AG, and Adisseo France SAS.
The market is segmented by Type (Antibiotics, Antioxidants, Amino Acids, Enzymes, Vitamins, Mycotoxin Detoxifiers, Prebiotics, Acidifiers, Probiotics, Feed Pigments, Feed Binders, Flavours and Sweeteners, Feed Minerals) and Livestock (poultry, cattle, swine, aquatic animals). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa.
Free sample of the report is available at: http://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/request-sample
The growth of the Feed Additives market is majorly driven by factors such as the rise in global meat consumption, a better understanding of quality feed, industrialization of the livestock industry, danger of diseases in livestock, and the ecological impact of the meat and dairy industry. Technology innovations are also playing a crucial role in the advancement of this industry. Another major factor driving the growth of the market is the demand for low-cost meat with superior nutritional value throughout the globe. Different regulatory structures, volatile economies, and increasing cost of operations are the major restraining factors for the market. And also, increase in the cost of raw materials for feed additives is a key challenge for the companies in the market.
Scope of the Report:
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
The Poultry segment accounted for the highest revenue in 2015, the reason being that because of the increase in demand for poultry meat, consumer taste predilections, and rise in disposable incomes in developing economies, primarily in China and India. Amino Acids, antibiotics, acidifiers, and vitamins are the major sectors accounting for almost 50% of the entire feed additives market. Feed antioxidant is another high growth sector in this market owing to ramped-up efforts of manufacturers to avoid feed spoilage and wastage.
Asia-Pacific region accounts for the major share of the Global Feed Additives market. China is the major feed additives manufacturer in the world and accounts for around half the production of feed additives in the Asia-Pacific region. This region is expected to offer lucrative growth opportunities, owing to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat, and dairy and related products and is also projected to grow at the highest CAGR during the forecast period.
Enquire more about the report at: http://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/inquire
The major companies operating in the global Feed Additives market are BASF SE, Cargill, Inc., Alltech, Inc., Novozymes A/S, Chr. Hansen Holding A/S, Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Nutreco N.V., Evonik Industries AG, and Adisseo France SAS.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results