Feed Supplements Market 1

Feed Supplements Market Research Report
Market Overview
Feed supplements are added to livestock food formulation to increase the nutritional
content in the animal feed. The commonly added nutrients include proteins, vitamins,
amino acid, fatty acids, minerals and others. They help to improve the feed quality,
animal health and reduce the livestock diseases which further helps in quality of
products derived from livestock. Growing livestock industry is driving the market for
feed supplements.
Global Feed supplements Market Size are a means to provide additional nutritious
elements and improve the quality of livestock feed. Growing population in developing
countries has increased the demand for production and consumption of poultry,
swine, aquaculture and other livestock which is driving the market for feed
supplements. Moreover, increasing awareness of animal nutrition and rising concern
for animal health is boosting the feed supplements market.
Regional governments are forming regulations to standardize meat products to
prevent consumers from the outbreak of livestock diseases which is adding fuel to
the growth of feed supplements market. However, increase in the cost of raw
materials may hamper the market of feed supplements. Nevertheless, all these
factors are projected to contribute to the estimated CAGR of 6.2% of feed
supplements market during the forecast period 2017-2023.
Downstream Analysis
Based on the type, feed supplements market is segmented into protein, vitamins,
amino acid, fatty acids, minerals and others. Among all, amino acid is dominating
the market followed by vitamins. Amino acid contains lysine which is commonly used
in poultry and swine feed application. Whereas, vitamin segment is growing rapidly
due to vitamin deficiency found in livestock commonly.
Feed supplements market is segmented based on form such as dry, liquid and others.
The dry form of feed supplement is dominating the market. However, the liquid feed
supplement is projected to witness high growth over the forecast period.
Based on livestock, feed supplements are segmented into ruminants, poultry, swine,
aquaculture and others. Among all, ruminates is dominating the market based on
increased consumption of meat and meat products globally. However, poultry
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