Animal Feed Additives Market Major Manufacturers, Trends, Demand, Share Analysis to 2025
Animal Feed Additives Market from Qurate’s Repository provides detailed information, in-depth analysis, and forecast which is developed by a team of experts and professionals
(EMAILWIRE.COM, August 16, 2018 ) Industry Trend Analysis
The global animal feed additives market was worth USD 29.09 billion in 2016 and is prognosticated to be nearly USD 44.40 billion by 2025, growing at a compound annual growth rate (CAGR) of 4.81% during the forecast period. Growth in consumption of milk and meat products across the globe to gain proteins and various nutrients is anticipated to boost the growth of this market. Food additives are consistent component of the increasing meat production industry across the globe. These food additives are known to be the catalysts that assist in various activities such as enhancing the rate of weight gain in animals, the intake of vitamins, prevention of disease, conservation and digestion which result in improved quality of meat production. Due to such factors, the animal feed additives market is anticipated to witness significant growth in the consecutive years. Livestock animals are stuck with a number of disease that also include bird flu, swine flu, mouth and foot infections which has raised the concerns related to safety and the quality of meat products. This has led to the utilization of specialty additives. The official forbiddance on the use of antibiotics in the United States and Europe is said to expand the market for alternate products such as enzymes, acidifiers and amino acids. However, protruding demand of grains such as barley, maize and wheat from other commercial foods is anticipated to hinder the growth of the market. Rise in advanced technologies coupled with consistent enhancements in in the final production on the basis of type of feed and fluctuating regulatory trends are boosting the market.
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Product Outlook and Trend Analysis
Amino acids that include tryptophan, thiamine, lysine and methionine came up as the leading category of products and registered more than 30 percent of the total share in 2015. The increasing consumption of meat specifically in regions like the Asia Pacific and Middle East is expected to be the major factor that boosts the growth of this market. Lysine is known to be the prime amino acid that is extremely useful in the growth of animal, specifically for swine and poultry. The benefit of lysine that is synthetically formulated over soybean which is known as its natural substitute is said to spur the requirement. The nutritional value of lysine is equal to that of soybean. Furthermore, it is widely known to be an alternative in the animal feed that is more economic. The lysine market is said to witness significant growth due to additional factors such as the official forbiddance of blood meal and bone meal in various regions. The second largest segment that came up in the animal feed additives is the antibiotics that registered more than 26 percent of the total volume in the year 2015. Antibiotics possess the ability to promote growth in livestock which is a major factor that influenced the growth of the market. Because of the utilization of antibiotics being forbidden completely in the United States and Europe, maximum of the antibiotics is anticipated to hail from the Latin American and Asia-Pacific regions.
Livestock outlook and Trend Analysis
The requirement for feed additives across the globe has witnessed exemplar shift because of increasing awareness of consumers. The largest segment of livestock in the year 2015 was poultry that registered more than 34 percent of the total share. The disruption of avian influenza or bird flu hiked the awareness regarding the poultry health and raised the demand for high-quality meat products. The disruption of bird flu resulted in the adoption of strict regulations that spurred the requirement of certain additives across the globe. Furthermore, production of poultry meat is anticipated to grow rapidly across the globe which will raise the demand of additives.
Regional Outlook and Trend Analysis
The animal feed additives market was dominated by Asia Pacific that registered 33 percent of the total share in the year 2015. Upcoming economies in the Asia Pacific region that include Indonesia, china and India have been witnessing major growth in the economy. Due to factors such as change in lifestyle and increased disposable income, their food pattern has switched to meat products from conventional food. The largest country for consumption and production of meat in the world is China. Growing population and standard of living has boosted the demand of meat. Additionally, increasing consumption of meat products in the United States and Mexico along with strict regulations in regard to the quality of meat are key factors that influence the growth of the market. Furthermore, the availability of raw materials in abundance like dextrose and maize is also anticipated to boost the global animal feed additive market.
Competitive Insights
The global animal feed additives market is widely competitive. Some of the leading companies in the global animal feed additives market are Danisco A/S, Kemin Industries, Cargill, Evonik Industries, DSM and Novozymes A/S. The main parameters for being competitive in the industry are the developments of the applications and customized products in order to enhance the portfolio and regional existence.
Customization Enquiry@ https://www.qurateresearch.com/report/customize/FnB/QBI-CMR-FnB-54974
The global animal feed additives market is segmented as follows-
By Product
Antioxidants
Antibiotic
Feed Acidifiers
Feed Enzymes
Non-Starch Polysaccharides & Others
Phytase
Amino Acids
Tryptophan
Threonine
Methionine
Lysine
Others
Vitamin A,B,C,E
Others
By Livestock
Aquaculture
Pork/Swine
Cattle
Poultry
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Buy Report@ https://www.qurateresearch.com/report/buy/FnB/QBI-CMR-FnB-54974
The global animal feed additives market was worth USD 29.09 billion in 2016 and is prognosticated to be nearly USD 44.40 billion by 2025, growing at a compound annual growth rate (CAGR) of 4.81% during the forecast period. Growth in consumption of milk and meat products across the globe to gain proteins and various nutrients is anticipated to boost the growth of this market. Food additives are consistent component of the increasing meat production industry across the globe. These food additives are known to be the catalysts that assist in various activities such as enhancing the rate of weight gain in animals, the intake of vitamins, prevention of disease, conservation and digestion which result in improved quality of meat production. Due to such factors, the animal feed additives market is anticipated to witness significant growth in the consecutive years. Livestock animals are stuck with a number of disease that also include bird flu, swine flu, mouth and foot infections which has raised the concerns related to safety and the quality of meat products. This has led to the utilization of specialty additives. The official forbiddance on the use of antibiotics in the United States and Europe is said to expand the market for alternate products such as enzymes, acidifiers and amino acids. However, protruding demand of grains such as barley, maize and wheat from other commercial foods is anticipated to hinder the growth of the market. Rise in advanced technologies coupled with consistent enhancements in in the final production on the basis of type of feed and fluctuating regulatory trends are boosting the market.
Request for Free Sample@ https://www.qurateresearch.com/report/sample/FnB/QBI-CMR-FnB-54974
Product Outlook and Trend Analysis
Amino acids that include tryptophan, thiamine, lysine and methionine came up as the leading category of products and registered more than 30 percent of the total share in 2015. The increasing consumption of meat specifically in regions like the Asia Pacific and Middle East is expected to be the major factor that boosts the growth of this market. Lysine is known to be the prime amino acid that is extremely useful in the growth of animal, specifically for swine and poultry. The benefit of lysine that is synthetically formulated over soybean which is known as its natural substitute is said to spur the requirement. The nutritional value of lysine is equal to that of soybean. Furthermore, it is widely known to be an alternative in the animal feed that is more economic. The lysine market is said to witness significant growth due to additional factors such as the official forbiddance of blood meal and bone meal in various regions. The second largest segment that came up in the animal feed additives is the antibiotics that registered more than 26 percent of the total volume in the year 2015. Antibiotics possess the ability to promote growth in livestock which is a major factor that influenced the growth of the market. Because of the utilization of antibiotics being forbidden completely in the United States and Europe, maximum of the antibiotics is anticipated to hail from the Latin American and Asia-Pacific regions.
Livestock outlook and Trend Analysis
The requirement for feed additives across the globe has witnessed exemplar shift because of increasing awareness of consumers. The largest segment of livestock in the year 2015 was poultry that registered more than 34 percent of the total share. The disruption of avian influenza or bird flu hiked the awareness regarding the poultry health and raised the demand for high-quality meat products. The disruption of bird flu resulted in the adoption of strict regulations that spurred the requirement of certain additives across the globe. Furthermore, production of poultry meat is anticipated to grow rapidly across the globe which will raise the demand of additives.
Regional Outlook and Trend Analysis
The animal feed additives market was dominated by Asia Pacific that registered 33 percent of the total share in the year 2015. Upcoming economies in the Asia Pacific region that include Indonesia, china and India have been witnessing major growth in the economy. Due to factors such as change in lifestyle and increased disposable income, their food pattern has switched to meat products from conventional food. The largest country for consumption and production of meat in the world is China. Growing population and standard of living has boosted the demand of meat. Additionally, increasing consumption of meat products in the United States and Mexico along with strict regulations in regard to the quality of meat are key factors that influence the growth of the market. Furthermore, the availability of raw materials in abundance like dextrose and maize is also anticipated to boost the global animal feed additive market.
Competitive Insights
The global animal feed additives market is widely competitive. Some of the leading companies in the global animal feed additives market are Danisco A/S, Kemin Industries, Cargill, Evonik Industries, DSM and Novozymes A/S. The main parameters for being competitive in the industry are the developments of the applications and customized products in order to enhance the portfolio and regional existence.
Customization Enquiry@ https://www.qurateresearch.com/report/customize/FnB/QBI-CMR-FnB-54974
The global animal feed additives market is segmented as follows-
By Product
Antioxidants
Antibiotic
Feed Acidifiers
Feed Enzymes
Non-Starch Polysaccharides & Others
Phytase
Amino Acids
Tryptophan
Threonine
Methionine
Lysine
Others
Vitamin A,B,C,E
Others
By Livestock
Aquaculture
Pork/Swine
Cattle
Poultry
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Buy Report@ https://www.qurateresearch.com/report/buy/FnB/QBI-CMR-FnB-54974
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
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Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results