Animal Feed Additives Market: Global Industry Analysis and Forecast Till 2025 by FMI
Animal feed additives are important component for the globally increasing meat production sector. Animal Feed additives are mixed with basic feed to provide nutrition and boost the overall growth of animal. Animal feed additives have benefits such as improve the weight, accelerates feed digestion and prevent from various diseases.
Animal feed additives are important component for the globally increasing meat production sector. Animal Feed additives are mixed with basic feed to provide nutrition and boost the overall growth of animal. Animal feed additives have benefits such as improve the weight, accelerates feed digestion and prevent from various diseases.
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<strong>Global</strong> <strong>Animal</strong> <strong>Feed</strong><br />
<strong>Additives</strong> <strong>Market</strong><br />
Share, <strong>Global</strong> Trends,<br />
<strong>Analysis</strong>, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> <strong>Forecast</strong>,<br />
2015<br />
Future <strong>Market</strong> Insights<br />
www.futuremarketinsights.com<br />
sales@futuremarketinsights.com
Report Description<br />
<strong>Animal</strong> <strong>Feed</strong> <strong>Additives</strong> <strong>Market</strong> Overview<br />
<strong>Animal</strong> feed additives are important component for the globally increasing meat<br />
production sector. <strong>Animal</strong> <strong>Feed</strong> additives are mixed with basic feed to provide nutrition<br />
<strong>and</strong> boost the overall growth of animal. <strong>Animal</strong> feed additives have benefits such as<br />
improve the weight, accelerates feed digestion <strong>and</strong> prevent from various diseases.<br />
Browse Full Report@ http://www.futuremarketinsights.com/reports/details/animalfeed-additives-market<br />
Major driving factor for animal feed additive market is the increasing meat consumption<br />
globally. Other driving factor that fuel the growth of animal feed additive market is the<br />
increasing dem<strong>and</strong> for low price meat with high nutritional value associated with it.<br />
Major constraint for the animal feed additive market is differences in the regulation in<br />
different countries that affects global meat market adversely especially in developing <strong>and</strong><br />
developed countries.<br />
<strong>Animal</strong> <strong>Feed</strong> <strong>Additives</strong> <strong>Market</strong> Size<br />
<strong>Animal</strong> feed additive market value reached $14.9billion globally in 2013 which is<br />
expected to reach market value $20billion <strong>by</strong> 2020. <strong>Animal</strong> feed additive market is<br />
growing with healthy single digit CAGR of 4% from 2014 to 2020.Asia pacific is leader in<br />
the animal feed additive sector that contributes 32.4% of the overall animal feed additive<br />
market which is followed <strong>by</strong> Europe.
Report Description<br />
Asia pacific is anticipated to be rapidly growing market in the forecasted period owing to<br />
the changing demographics, rising urban population, increasing disposable income <strong>and</strong><br />
busy lifestyles <strong>and</strong> increasing health awareness. These factors increase the dem<strong>and</strong> for<br />
animal proteins which further increase the dem<strong>and</strong> for animal feed additives.<br />
<strong>Animal</strong> <strong>Feed</strong> <strong>Additives</strong> <strong>Market</strong> Segmentation<br />
On the basis of product type animal feed additive is segmented into Antibiotics, Vitamins,<br />
Antioxidants, Amino acids, <strong>Feed</strong> enzymes, Acidifiers <strong>and</strong> others. On the basis of<br />
geography animal feed additive market is segmented into North America, Latin America,<br />
Western America Eastern Europe, Asia pacific, Japan, Middle East <strong>and</strong> Africa. On the basis<br />
of livestock global feed additive market is segmented into cattle, poultry, seafood, pork.<br />
Antibiotics contributes 26.6% of the total feed additive market which is anticipated to<br />
decrease in the coming years. In 2013 <strong>Feed</strong> vitamins <strong>and</strong> amino acids contributed 8.9%<br />
<strong>and</strong> 31.5% market share respectively which is anticipated to show steady dem<strong>and</strong> in the<br />
coming years. <strong>Feed</strong> acidifier market value in 2012 was USD 1.16bn <strong>and</strong> anticipated to<br />
grow at a CAGR of 6.4% from 2014-2020<br />
Largest dem<strong>and</strong> for animal feed additive is among poultry segment. Dem<strong>and</strong> for animal<br />
feed additive market is anticipated to increase in the forecasted period owing to the<br />
upcoming trend of consolidation <strong>and</strong> backward integration of poultry processors.<br />
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Report Description<br />
<strong>Animal</strong> <strong>Feed</strong> <strong>Additives</strong> <strong>Market</strong> Key Players<br />
Key players in the global animal feed additive market are BASF SE, Adisseo France S.A.S, ,<br />
Inc., BIOMIN Holding GmbH, Elanco <strong>Animal</strong> Health, Inc., DSM, Novus International, Inc.,<br />
Nutreco N.V Kemin Industries <strong>and</strong> NovozymesAddcon Addcon Group GMBH. Key<br />
strategies adopted <strong>by</strong> the companies to increase the dem<strong>and</strong> of animal feed additives are<br />
merger <strong>and</strong> acquisition, new products launch <strong>and</strong> partnership. With new product<br />
launches various animal feed additives are available that improve the meat quality,<br />
animal health.
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