The Animal
feed additives Market report discusses the
primary market growth drivers and challenges that the vendors and the market as
a whole face and provides an overview of the key trends emerging in the market.
This study also shows about the industry size of different segments and their
growth aspects along with key leading countries in Americas, Asia-Pacific,
Europe, the Middle East, and Africa regions.
Industry insights
The global animal feed additives market demand was over 256 kilo tons in
2015. The key driver for increasing market penetration was due to rapid and
fast consuming meat and other products processed from milk which is considered
as one of the leading sources of protein and essential nutrients.
Feed additives are the key components for the rapid improvement of
metabolism in the livestock. These constituents act as a catalyst by providing
advantages such as improving weight gain, prevention of diseases, digestion,
vitamin intake as well as enhances the quality of meat.
Due to these specialty additional features to the finished product, the
industry is estimated to witness tremendous growth for the addition of
additives in the feed over the near future. Another major factor affecting the
market growth include the outbreak of numerous diseases affecting livestock
like swine flu, mouth infection, and bird flu has increased the importance for
safety and quality of meat and meat products.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Animal feed additives Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Animal feed additives Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Livestock Insight
A paradigm shift has been observed globally for feed additives owing to
increasing awareness for its importance in feed among consumers. The poultry
segment accounted for around 35% of the total feed additives demand in 2015.
Cattle category accounted for approximately 29% of the total market
value in 2015. Improving feed quality along with enhanced cattle metabolism
owing to the addition of these specialty additives has resulted in better dairy
products yields and meat quality.
Regional insight
Asia Pacific accounted for approximately 30% of the global animal feed
additives market. Countries such as China, Indonesia, and India have been
facing strong growth in their respective economy owing to increasing standard
of living and population explosion have increased the demand for meat products.
China is the leading consumer and manufacturer of meat globally. Increasing
urbanization rate and disposable income leading to change in lifestyle are
anticipated to be some major factors for the increasing consumption of meat in
the country.
North America accounted for over 25% of total demand in 2015. North
America is the fastest growing segment for meat production and consumption.
Countries such as Mexico and the U.S. have collaborated to standardized quality
of meat products, which is expected to fuel feed additives demand in the
region.
Competitive Insights
The feed additives industry is highly fragmented in nature. Some of the
major industry participants include Novozymes, DSM, Danisco (DuPont), BASF,
Evonik, Cargill, and Kemin. The wide range of customized product offerings and
development of new applications for feed additives are expected to be some of
the major trends in the industry.
Know
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