MARKETDATAFORECAST

Organic Feed Additive Market to Thrive Owing to Growing Meat Consumption

The key driving factor of global Organic Feed Additive market is rising consumer awareness and their growing interest in healthy lifestyle

 

Hyderabad, Telangana -- (SBWIRE) -- 03/06/2018 -- Feed additives are substances used to boost the quality of animal nutrients in addition to properties of animal fodder to enhance livestock health, palatability protection, and others. Organic feed additives are the natural additives consisting of more nutrients (such as minerals, vitamins, and others). They've gained status globally, as they considerably improve the quality of the animal feed.
Changing lifestyle and consumer preferences towards healthy, dietary, and natural products and increasing meat intake are key drivers for the market. Increasing awareness towards the utilization of natural feed components for animals that cannot get enough vitamins from normal food is also anticipated to foster the demand for the organic feed additives market. Also factors such as, rising demand for herbal feed additives, growing industrialization of farm animals, and the threat of having illnesses in cattle are predicted to drive the demand for the organic feed additives market.

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In certain situations, if an animal does not receive few unique vitamins in its diet program it might not grow properly. The nutritional values of animal feeds are influenced not just by their nutrient content material, but also through additional factors as well. These encompass hygiene, digestibility, and feed presentation. However, even with all of the benefits of better satisfactory feed, most of a farm animal's diet is composed of wheat, maize and soybean food due to higher cost of quality feed additives, which is a major restraining factor.

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The worldwide Organic Feed Additive market is split based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. The Asia Pacific has the main market for organic Feed Additive globally, trailed by North America and Europe. Asia Pacific location is anticipated to have the quickest increase rate during the forecast period, because of changing preferences for natural, dietary, and healthy meat products within the area.

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Some of the prominent firms dominating the market include Archer Daniels Midland Company (U.S.), Evonik Industries AG (Germany), Cargill, Incorporated (U.S.), Chr. Hansen Holding A/S (Denmark), Adisseo (France), BASF SE (Germany), Invivo NSA (France).

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