Feed Additives Market Competitive landscape Analysis 2018-2023
Feed Additives Market was worth USD 25.43 billion in 2018 and estimated to be growing at a CAGR of 4.5%, to reach 31.69 USD billion by 2023.
(EMAILWIRE.COM, October 25, 2018 ) Overview
Feed additives are employed in animal nutrition to boost the standard and properties of animal fodder to boost features like palatableness preservation, overall gut health/digestive performance, and others. They have gained reputation globally, the overall health of the animal, successively enhancing the standard and amount of meat made from them. As an example, poultry feed additives are used to enhance the bird’s egg-laying capability, sickness prevention, and feed utilization. Likewise, a swine diet consists of assorted natural and artificial additives, like high dietary levels of copper and metallic element, acidifiers, and phytase to extend the productivity and gain of this feed.
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Underlying Causes
One important factor which is driving the growth of the FEED ADDITIVES market is Importance of feed. Quality, Volume, and nutrients depend on the animal feed. For example presence of linseed in swine feeds results in formation of omega 3 fatty acids in pork which helps in curing asthma. There is drastic increase in consumption of meat and milk products globally as it is a source of proteins and other nutrients. Increased concern for safety and quality of meat products. However overlapping demand for major crops like wheat, maize, and barley from other commercial and food applications. And other restraining factors are regulatory structures, volatile economies and increasing cost of operations.
To know more read: https://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/
Geographic Segmentation
The market has also been geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. Asia Pacific emerged as the leading market for animal feed additives and accounted for more than one-third of the total market revenue. The poultry segment is developing as a leading livestock segment for the consumption of feed additives, trailed by swine and cattle, 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. The Asia-Pacific 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.
Get your customized report: https://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/customize-report
Major Players dominating the 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.
Related Reports from Market Data Forecast:
Integrated Pest Management Market: https://www.marketdataforecast.com/market-reports/integrated-pest-management-market-5367/
Microbial Soil Inoculant Market: https://www.marketdataforecast.com/market-reports/microbial-soil-inoculants-market-5373/
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About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Feed additives are employed in animal nutrition to boost the standard and properties of animal fodder to boost features like palatableness preservation, overall gut health/digestive performance, and others. They have gained reputation globally, the overall health of the animal, successively enhancing the standard and amount of meat made from them. As an example, poultry feed additives are used to enhance the bird’s egg-laying capability, sickness prevention, and feed utilization. Likewise, a swine diet consists of assorted natural and artificial additives, like high dietary levels of copper and metallic element, acidifiers, and phytase to extend the productivity and gain of this feed.
View sample and decide: https://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/request-sample
Underlying Causes
One important factor which is driving the growth of the FEED ADDITIVES market is Importance of feed. Quality, Volume, and nutrients depend on the animal feed. For example presence of linseed in swine feeds results in formation of omega 3 fatty acids in pork which helps in curing asthma. There is drastic increase in consumption of meat and milk products globally as it is a source of proteins and other nutrients. Increased concern for safety and quality of meat products. However overlapping demand for major crops like wheat, maize, and barley from other commercial and food applications. And other restraining factors are regulatory structures, volatile economies and increasing cost of operations.
To know more read: https://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/
Geographic Segmentation
The market has also been geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. Asia Pacific emerged as the leading market for animal feed additives and accounted for more than one-third of the total market revenue. The poultry segment is developing as a leading livestock segment for the consumption of feed additives, trailed by swine and cattle, 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. The Asia-Pacific 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.
Get your customized report: https://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/customize-report
Major Players dominating the 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.
Related Reports from Market Data Forecast:
Integrated Pest Management Market: https://www.marketdataforecast.com/market-reports/integrated-pest-management-market-5367/
Microbial Soil Inoculant Market: https://www.marketdataforecast.com/market-reports/microbial-soil-inoculants-market-5373/
Normal Superphosphate Market: https://www.marketdataforecast.com/market-reports/normal-superphosphate-market-5375/
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
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