Animal Feed Additives Market Leading Key Players Are Climbing High With CAGR of Between2019-2026
Seattle, WA -- (SBWIRE) -- 10/18/2019 -- Animal Feed Additives Market Report aims to analyze the Industry Size, Share, Emerging Trends, Opportunities in global Animal Feed Additives industry. Simultaneously report highlights the Animal Feed Additives volume and value at global level, regional level and company level. This market research report has been arrange to integrate both the qualitative and quantitative aspects of the industry within each of the regions.
Additionally, the report also focused on market entry strategies for various companies across the globe along with pipeline and product analysis. Likewise, the report also investigate and analyze the emerging technologies along with major drivers, challenges and opportunities in the Animal Feed Additives market. The report examine present as well as future aspects of the Animal Feed Additives Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
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Additives are natural or chemical substances added to preserve or improve the quality of food or a product. Feed additives are additives, specifically used in animal nutrition, to enhance the feed quality, digestibility in order to prevent diseases and improve quality of meat or food obtained from animals.
Farm animals are provided with a variety of additives such as sensory additives, nutritional additives, zootechnical additives, and coccidiostats and histomonostats. Sensory additives help stimulate the appetite of animals, allowing them to eat more; while nutritional additives provide specific nutrients to nutrient-deficient animals. Zootechnical additives are added to the feed to improve health and performance of animals, and coccidiostats and histomonostats are antibiotics used to prevent bacterial and microbial growth in the feed.
Animal Feed Additives Market Segmentation:
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
For the customer to be able to plan better, the Animal Feed Additives Market report offers a detailed list of the key drivers, restraints, and growth trends in the Animal Feed Additives Industry. Using this information, the customer can then plan energetically to gain the superlative share in the Animal Feed Additives Market with significant ease rather than consuming a lot of resources for a not so favourable result. Additionally, the report gives information on the approach and growth outlining tips for the customer to be more effective in its growth prospects.
Asia Pacific, followed by Europe and North America, respectively, accounted for a major share in the global animal feed additives market in terms of revenue, in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Europe held a share of 27.77% in terms of revenue, followed by North America (24.44%). Asia Pacific is expected to be the most lucrative market during the forecast period, due to increase in grain demand for food production with low availability of land and water resources has resulted in the growth of the meat industry, which is expected to affect the animal feed additive in the global market. The feed additives acts as a catalyst which prevents diseases in animals and improves the vitamin intake, weight gain, digestion, and enhance the quality of meat. Owing to these factors and to control diseases such as avian influenza and bird flu, the addition of feed additives is expected to drive the global animal feed additive market over the forecast period.
Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix
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