Asia-Pacific Feed Preservatives Market is estimated to be growing at a CAGR of 10.52%, to reach $0.73 billion by 2021.
The Asia-Pacific Feed Preservatives Market was worth $0.44 billion in 2016 and estimated to be growing at a CAGR of 10.52%, to reach $0.73 billion by 2021.
(EMAILWIRE.COM, September 12, 2017 ) The market is showing evident potential in the mentioned forecast period. The market has continued to gain momentum with customized formulations to reduce production costs and improve livestock health, and rising awareness about feed management practises, which has led to an increase in the investments on high quality feed products, therefore increasing in the need for preservatives.
Feed Preservatives include a bunch of feed additives like feed antioxidants, acidifiers, etc. which are used to maintain a better livestock hygiene and thus improve their productivity. They are usually used to improve feed quality by means of increasing the nutritional content in it.
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There are many factors driving the growth of the market for Feed preservatives and thus being responsible for the market showing immense potential in the given period. The major factors include unpredictable crop harvest patterns which have led to the need for feed storage and regulatory requirements to improve feed quality. Further, Industrialization in poultry sector across the developing markets has also been a prominent factor for the market growth. As far as restraints are concerned there has been only one major factor responsible for holding back the market’s potential growth recently which is, the limited profit margins of the End Product. Due to the low profits the market has seen lesser investments than expected.
The Asia-Pacific market for Feed Preservatives is segmented on the basis of type, livestock and feed type. Based on type the market is segmented into Feed acidifiers, Mold inhibitors, Feed antioxidants and Anticaking agents. The acidifiers are further fragmented into propionic, formic, lactic and sorbic acid. The sub segments for mold inhibitors include propionates, benzoates, natamycin. For feed antioxidants, the sub segmentation is done into BHA, BHT and Ethoxyquin. On the basis of Livestock, the market is segmented into cattle, poultry, swine, aquaculture and other livestock. Under feed type the segmentation is done into compound feed, feed premix, feed meal, silage and other feed types. Acidifiers, poultry and compound feed account for the largest market shares in their respective segments. On the basis of geography, the Asia-Pacific market is analysed under various countries namely China, India, Japan, Australia and South Korea.
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Some of the major companies dominating the market, by their products and services include BASF SE, Nutreco N.V., E.I. Dupont De Nemours and Company, Alltech Inc., Perstorp Holding AB, Novus International Inc., Biomin Holding GmbH, Impextraco NV, Cargill Inc., Kemin Industries Inc.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
Feed Preservatives include a bunch of feed additives like feed antioxidants, acidifiers, etc. which are used to maintain a better livestock hygiene and thus improve their productivity. They are usually used to improve feed quality by means of increasing the nutritional content in it.
View full report @ http://www.marketdataforecast.com/market-reports/asia-pacific-Feed-preservatives-market-1771/
There are many factors driving the growth of the market for Feed preservatives and thus being responsible for the market showing immense potential in the given period. The major factors include unpredictable crop harvest patterns which have led to the need for feed storage and regulatory requirements to improve feed quality. Further, Industrialization in poultry sector across the developing markets has also been a prominent factor for the market growth. As far as restraints are concerned there has been only one major factor responsible for holding back the market’s potential growth recently which is, the limited profit margins of the End Product. Due to the low profits the market has seen lesser investments than expected.
The Asia-Pacific market for Feed Preservatives is segmented on the basis of type, livestock and feed type. Based on type the market is segmented into Feed acidifiers, Mold inhibitors, Feed antioxidants and Anticaking agents. The acidifiers are further fragmented into propionic, formic, lactic and sorbic acid. The sub segments for mold inhibitors include propionates, benzoates, natamycin. For feed antioxidants, the sub segmentation is done into BHA, BHT and Ethoxyquin. On the basis of Livestock, the market is segmented into cattle, poultry, swine, aquaculture and other livestock. Under feed type the segmentation is done into compound feed, feed premix, feed meal, silage and other feed types. Acidifiers, poultry and compound feed account for the largest market shares in their respective segments. On the basis of geography, the Asia-Pacific market is analysed under various countries namely China, India, Japan, Australia and South Korea.
Get free sample report @ http://www.marketdataforecast.com/market-reports/asia-pacific-Feed-preservatives-market-1771/request-sample
Some of the major companies dominating the market, by their products and services include BASF SE, Nutreco N.V., E.I. Dupont De Nemours and Company, Alltech Inc., Perstorp Holding AB, Novus International Inc., Biomin Holding GmbH, Impextraco NV, Cargill Inc., Kemin Industries Inc.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results