Global Animal Feed Additives Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global animal feed additives market in its upcoming report titled, “Global Animal Feed Additives Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global animal feed additives market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The animal feed additives market report has been segmented on the basis of product, livestock, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Feed additives are added to animal feed to provide extra nutrients to animals such as amino acids, vitamins, minerals, and fatty acids. These additives improve the quality of feed that helps to improve animal’s health and performance.

Rising preference of farmers for animal food with high nutrition in order to improve performance and health of livestock is expected to be a major factor driving market growth over the forecast period. In addition, growing demand for meat and meat products and rising animal health concern are other factors expected to support the growth of the global animal feed additives market.

However, the high cost of raw material is anticipated to be major factor restraining growth of global animal feed additives market. Moreover, stringent government regulations related to product approval is another factor expected to challenge the growth of the global animal feed additives market to a certain extent.

Increasing R&D activities by manufacturers are expected to create new opportunities in terms of revenue to players operating in the global animal feed additives market over the forecast period.

Asia Pacific market is expected to dominate in the global animal feed additives market with higher revenue share as compared to that of the other regional markets and is expected to continue its dominance during the forecast period. This can be attributed to increasing demand for animal products with rich nutrients and presence of prominent players operating in countries in this region. North America and Europe market account for significant revenue share in the global animal feed additives market followed by markets in Latin America and Middle East & Africa respectively. The market in Europe is projected to register fastest growth in terms of revenue, owing to growing demand for meat and meat products and stringent government regulation related to animal health in this region.

Market segmentation and key players operating in the global animal feed additives market:

By product:

• Amino Acids
• Antioxidants
• Feed Enzymes
• Feed Acidifiers
• Vitamins
• Binders
• Antibiotics

By livestock:

• Swine/Pork
• Ruminants
• Poultry
• Aquatic Animals
• Others (Equine and Birds)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa