Market Reports Center One Stop Market Reaserch Shop World Animal Feed Additives - Market Opportunities and Forecast, 2014 – 2021 Summary A new report published by Allied Market Research titled, “World Animal Feed Additives Market Opportunities and Forecasts, 2014-2021," projects that the world animal feed additives market would reach $27.9 billion by 2021 at a CAGR of 6.5% from 2015 to 2021. The amino acids segment occupied a dominant share in 2015 and is expected to maintain this trend during the forecast period. The poultry and swine feed additives application collectively accounted for about three fourth of the market share in 2015. Browse full report with TOC@ https://marketreportscenter.com/reports/319236/world-animal-feedadditives-market-opportunities-and-forecast-2014-2021 Feed additives are vital ingredients used with feed to provide essential nutrition to livestock and improve their overall growth and output. The world animal feed additives market is poised to witness significant growth during the forecast period, owing to growing consumption of meat products, increasing concerns over meat quality, and rising safety concerns associated with the outbreak of livestock diseases. The demand for meat and meat-based products are expected to register a two-fold increase by 2030 in the developing countries. Global industrialization of meat products is expected to boost the growth; however, factors such as increasing prices of raw materials such as maize, wheat, barley & others and stringent regulatory guidelines for feed additives would hamper the market growth. The amino acids, vitamins, and enzymes segments accounted for more than half of the share in the overall animal feed additives market in 2015. Methionine amino acid, a sulfur-containing amino acid responsible for triggering a wide variety of metabolic reactions, such as cell proliferation and Market Reports Center One Stop Market Reaserch Shop development of healthy and productive livestock, captured the largest market share of 44% in 2015. Non-starch polysaccharides (NSP) is the most widely used feed enzyme owing to its effect on the nutrient reabsorption, lipid metabolism, and immune system of animals. The poultry segment is expected to dominate the market during 2014 and 2021. Poultry is the second largest meat producing segment in the global meat industry, as poultry meat is universally consumed, unlike beef and pork. Increase in trade in the poultry meat segment and rising concerns over its quality is expected to foster the growth of the feed additives market. Recent outbreak of diseases, such as bird flu, have positively impacted the growth of the poultry feed additives market; thereby, increasing awareness about poultry health and meat quality. Key findings of the study: Amino acids is projected to be the fastest growing segment, at a CAGR of 7.2%, in the world animal feed additives market. Lysine amino acid is expected to be the fastest growing segment during the forecast period. Swine feed additives and cattle feed additives together contributed about half of the overall market share in 2015. The Asia-Pacific region is projected to occupy the highest market share, registering a CAGR of 6.2% from 2015 to 2021. The European and LAMEA animal feed additives markets are expected offer lucrative growth opportunities during the forecast period. Increasing meat consumption, food safety concerns, and rising meat prices in Europe are key drivers for the growth of feed additives market, with major revenue contribution from Germany, France, and Spain. South Africa and Brazil in LAMEA are projected to grow with CAGRs of 7.2% and 6.8%, respectively. The European Union has enforced regulations on the feed industry in Brazil to develop better and safe feed additives, as it is one of the major exporters of meat to the European countries. The key companies profiled in this report are BASF SE, Cargill, Inc., Archer Daniels Midland Company, Novozymes A/S, Chr. Hansen Holding A/S, Alltech, Inc., Evonik Industries AG, Charoen Pokphand Foods Public Company Limited, Nutreco N.V., and Adisseo France SAS. Feed additives are used in animal nutrition to enhance the quality, properties of animal feed in order to boost features such as overall gut health/digestive performance, palatability preservation and others. Feed additives have gained importance globally, on account of improving the overall health of animal and quality and quantity of meat produced from them. For example, in poultry diets, feed additives are used to improve the birds laying capacity, feed utilization and disease prevention. Similarly, swine diet includes various natural and synthetic additives such as, acidifiers, high dietary levels of copper and zinc, phytase to boost the performance and profitability of swine feed. Market Reports Center One Stop Market Reaserch Shop The world animal feed additives market was evaluated at $18.0 billion in 2014 and is estimated to garner $27.9 billion by 2021, registering a CAGR of 6.5% over the forecast period 2015-2021. Increasing global meat consumption, industrialization of meat products and growing awareness of quality of dairy and meat products consumed are boosting the feed additives market growth. Increasing raw material costs may restrict the market growth as majority of additives such as feed acids, antioxidants and vitamins are extracted from natural sources encompassing seeds, tree barks, leaves, etc. The world animal feed additives market is segmented based on types, livestock and geography. The type segment is further bifurcated into amino acids, feed enzymes, vitamins, minerals, feed acidifiers, antioxidants and binders. The demand for amino acids is increasing owing to its extensive application in feed additives. Amino acids are the main components of protein, since animals/livestock require continuous supply of protein in their diet; it is considered as essential component of animal feed. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/319236 Based on livestock, the market is segmented into swine, poultry, cattle, aquatic animals and others. In 2014, poultry emerged as a leading livestock segment for the consumption of feed additives, followed by swine and cattle owing to the growing demand for poultry meat, consumer taste preferences and rising disposable incomes in developing economies, mainly in China and India. Geographically, the world animal feed additives market is segmented into North America, Europe, Asia-Pacific and LAMEA. AsiaPacific would provide lucrative growth opportunities until 2021, owing to considerable increase in feed production and rising awareness among the consumers regarding the quality of meat, dairy and related products in China and India. Competitive intelligence on prominent manufacturers of feed additives provide key insights in terms of strategies implemented to gain significant share in the animal feed additives market. Cargill, Inc., BASF SE, and Alltech Inc. are leading players providing a wide range of feed additive products across all livestock sectors worldwide. The key players profiled in world animal feed additives market includes BASF SE, Cargill, Inc., Archer Daniels Midland Company, Novozymes A/S, Chr. Hansen Holding A/S, Alltech Inc., Evonik Industries AG, Charoen Pokphand Foods Public Company Limited, Nutreco N.V. and Adisseo France SAS. KEY MARKET BENEFITS: The report provides quantitative analysis of current market and estimations through 2014-2021 that assists in identifying the prevailing market opportunities. Region-wise market conditions of animal feed additives are comprehensively analysed in the report. Exhaustive analysis of the world animal feed additives market by type helps in understanding the types of feed additives that are currently being used along with the variants that would gain prominence in the future. Market Reports Center One Stop Market Reaserch Shop Competitive intelligence (of leading manufacturers of animal feed additives) helps in understanding the competitive scenario across the geographies. SWOT analysis highlights the strength and opportunities of leading companies operating in the market. Key market players within the animal feed additives market are profiled in the report and their strategies are analysed thoroughly, which help in understanding the competitive outlook of world animal feed additives. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/319236 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]
A new report published by Allied Market Research titled, World Animal Feed Additives Market - Opportunities and Forecasts, 2014-2021," projects that the world animal feed additives market would reach $27.9 billion by 2021 at a CAGR of 6.5% from 2015 to 2021. The amino acids segment occupied a dominant share in 2015 and is expected to maintain this trend during the forecast period.
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