San Francisco, 24 April , Animal Feed Additives Market
Size, Share & Trends Analysis Report By Product (Antibiotics, Vitamins,
Amino Acids, Acidifiers, Feed Enzymes, Antioxidants), By Livestock, And Segment
Forecast, 2019 - 2025
The global animal feed additives market size is expected to reach USD 47.32
billion by 2025, according to a new report by Grand View Research, Inc. It is
anticipated to expand at a CAGR of 3.8% during the forecast period. Focus on
improving overall feed yield has been a critical factor for the surge in feed
additives demand. Increasing the consumption of meat and milk products as a
source of protein and other essential nutrients is expected to further fuel the
growth.
Feed additives are considered
an integral part of animal feed. Additives act as a catalyst that help disease
prevention in animals, improve weight gain, vitamin intake, feed digestion, and
conversion; thereby enhancing the quality of meat production. This factor is
anticipated to propel the global demand over the forecast period.
The animal feed additives must
comply with Regulation (EC) 999/2001, Regulation (EU) 142/2011, and Regulation
(EC) 1069/2009. The production order in the installation should be predefined
complying with the standards laid by the regulatory bodies. In addition, the
production order must be registered and defined as these will be taken into
consideration during transferring the formulation up to production.
Saponins and tanins are gaining
wide acceptance from animal feed additives market. In ruminant animals, the
most important applications of tanins are to control intestinal parasites,
pathogenic bacteria load, and animal pasture bloat. Strong protein affinity of
tanins contributes towards reducing protein degradation which further helps
improve production efficiency and protein utilization in the rumen.
Access Full Research Report On Animal Feed Additives Market Analysis:
Further key findings from the report suggest:
·
In terms of revenue, Asia
Pacific emerged as the fastest growing region. Countries, particularly India
and China are anticipated to witness remarkable growth in the next seven years
·
Poultry, with a market share of
more than 38% by volume, emerged as the largest livestock segment in the past
·
The animal feed additives
market is partially consolidated and competitive, with the presence of major
global players
·
Some of the key companies are
AFB International; Alltech, Kemin Industries Inc.; Evonik; DuPont; DSM; Nutreco
N.V.; Archer Daniels Midland; and Cargill; among others.
Grand View Research has
segmented the global animal feed additives market on the basis of product,
livestock, and region:
Animal Feed Additives Product
Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
Antibiotics
·
Vitamins
o
Vitamin A
o
Vitamin E
o
Vitamin B
o
Vitamin C
o
Other
·
Antioxidants
·
Amino Acids
o
Tryptophan
o
Lysine
o
Methionine
o
Threonine
o
Others
·
Feed Enzymes
o
Phytase
o
Non-Starch Polysaccharides
& Others
·
Feed Acidifiers
·
Others
Animal Feed Additives Livestock
Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
Pork/Swine
·
Poultry
·
Cattle
·
Aquaculture
·
Others
Animal Feed Additives Regional
Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
o
France
·
Asia Pacific
o
China
o
Japan
o
India
·
Central & South America
o
Brazil
·
Middle East & Africa
o
Saudi Arabia
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-smart-packaging-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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