Global Compound Feeds and Additives Market 2015 to Grow at a CAGR of 7.2% by 2022
The Global Compound Feeds and Additives Market accounted for $106.1 billion in 2014 and is expected to reach $184.8 billion in 2022 growing at a compound annual growth rate (CAGR) 7.2% from 2014 to 2022. Compound feeds are food products manufactured for animals and additives are the supplements used in compound feeds for improvements of health and productivity of animals. Factors that are influencing the market growth include rise in meat consumption, rise in disposable income and rise in demand...
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