Animal Feed and Feed Additives Market Will Reach US$17.5 Billion by 2018

2024-12-23 08:52:28 Lifestyle

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Animal feed additives offer varied functions that include control of infectious diseases and promote animal growth. Worldwide, the thriving meat production industry stands as the major consumer of animal feed additives. Among the emerging nations, such as Brazil, India, and China, rising income levels and increasing per capita meat consumption account for high demand for animal feed additives. The global animal feed and feed additives market is segregated on the basis of livestock, products, and geography.

The research is designed to evaluate the demand and performance of animal feed additives in the global scenario. The research report provides in-depth analysis of current market trends, drivers, and challenges to understand the course of the animal feed and feed additives market over the forecast period.

Browse full Animal Feed and Feed Additives Market report at:http://www.transparencymarketresearch.com/animal-feed-and-feed-additives-market.html

Having easily comprehensible chapter-wise layout, supplemented with a collection of tables and graphs, the report systematically examines the analytics pertaining to product manufacturers, market size by segments, and demand by geography in the global market.

Using primary and secondary research sources, the estimates and forecasts provided in the research report will help various entities in the animal feed additives market value chain to formulate growth strategy and gain competitive advantage in the overall market.

Overview of the Global Animal Feed and Feed Additives Market

Worldwide, increasing consumption of meat and meat products is the major force for steady growth of the animal feed and feed additives market. Animal feed additives are substances that are added to basic feed mix so as to aid weight gain in livestock. These substances also prevent nutritional deficiencies and diseases, while improving feed digestion among animals, and thus improve meat production quality.

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With rising consumer awareness regarding quality and safety of meat due to recent livestock disease outbreaks combined with increasing meat consumption, the demand for animal feed additives has spiraled substantially. In emerging nations, rising disposable incomes and changing lifestyle have led to changed eating habits and in turn higher consumption of processed meat products. In 2011, Brazil, India, and China collectively held 23% of the global animal feed additives market and will likely contribute 39% in 2018. On the other hand, factors such as high raw material prices and regulations imposed by various governments to maintain feed quality restrain the growth of the market.

The global animal feed and feed additives market was worth US$13.5 billion in 2011 and will reach US$17.5 billion in 2018, growing moderately at a CAGR of 3.8% between 2011 and 2018.

The global animal feed and feed additives market is divided into four broad regions, namely North America, Asia Pacific, Europe, and Rest of the World (RoW). Of all the regions, Asia Pacific will maintain a leading position and is expected to enjoy 32.4% share of the revenue of the overall market in 2018.

Asia Pacific contributes significantly to animal feed additives sales globally and will exhibit exponential growth at a CAGR of 4.0% due to higher demand and sales. By product type, feed acidifiers segment is expected to have a market valuation of US$1.6 billion in 2018 increasing from US$1.0 billion in 2011, reporting a 6.3% CAGR from 2011-2018.

Major Companies in Global Animal Feed and Feed Additives Market

Some of the major companies in the market are DSM (The Netherlands), Archer Daniels Midland Company (U.S.), Cargill, Inc. (U.S.), Evonik (Germany), BASF SE (Germany), and CHR Hansen A/S (Denmark).

Feed Additives Type Segment of Global Animal Feed and Feed Additives Market
Antibiotics
Vitamins
A
E
B
C
Others
Antioxidants
Amino acids
Tryptophan
Lysine
Methionine
Threonine
Others
Feed enzymes
Phytase
Non-Starch Polysaccharides & Others
Feed Acidifiers
Others (Trace minerals, NPN and so on)
Feed Additives by Livestock Segment of Global Animal Feed and Feed Additives Market
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Geographical Segmentation of Global Animal Feed and Feed Additives Market
North America
Europe
Asia-Pacific
Rest of the World (RoW)
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends.
A well-defined technological growth map with an impact-analysis
A clear understanding of the competitive landscape and key product segments

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