GLOBAL ANIMAL NUTRITION MARKET | TRENDS, ANALYSIS, FORECAST 2019-2027

Animal Nutrition Market

FORECAST 2019-2027

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• The global animal nutrition market is expected to have a

CAGR of 5.94% during the forecast years of 2019-2027.

• Animal nutrition’s are dietary supplements that offer health

benefits for animals and in turn result in increased

productivity and higher survival rates, as it boosts their

immunities.

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• The global animal nutrition market is segregated on the basis

of product types, species, and applications.

• Animal nutrition is extensively used for various purposes. The

sales of animal nutrition chemical products have increased

among animal farmers owing to the unprecedented demand

for meat which directly raises the firms’ sales..

• Another major application of animal nutrition is household

pets. Increasing population of pets is also a major market

driver.

• However, the high cost of animal nutrition and low-quality

products are among a few factors that are hindering this

market’s growth.

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“The global animal nutrition market is expected to have a CAGR of

5.94% during the forecast years of 2019-2027.”

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The North American animal nutrition market

is poised to have a CAGR of 6.22% during

the forecasted years of 2019-2027.

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The European animal nutrition market is

expected to have a CAGR of 4.78% during

the forecast period of 2019-2027.

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The expected CAGR of the Asia Pacific

animal nutrition market is 6.35% during the

forecast period of 2019-2027.

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Some of the key players in the global animal

nutrition market are Agrium Inc., Alltech Inc., BAL

Chem, Basf Se, Cargill Incorporated Cargill Office

Center, Church & Dwight Co. Inc., Dsm, Elanco,

Evonik Industries Ag, Kemin Industries, Koninklijke

Dsm Nv, Novozymes, Shv N.V. and Tata Chemicals

Ltd. S.P.A.