The global Feed Additives Market size is expected to reach USD 60.5 Billion by 2028 and register a CAGR of 6.5%, according to the latest report by Reports and Data. Increasing demand for animal-based products is a key driver supporting market revenue growth. Feed additives are products that are used in livestock nutrition to enhance feed quality and improve total development and growth of animals.
The
global Feed Additives market research report provides a brief overview
inclusive of competitive landscape and key developments in the market. It
provides an extensive study analysis of the strategic
alliances such as mergers and acquisitions, joint ventures, collaborations,
product launches and brand promotions, corporate deals and partnerships, among
others. It also offers insights into company overview, financial standing,
business expansion plans, and revenue growth of each company.
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sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3962
The major vendors in
the global market include Cargill (US), DowDuPont (US), ADM (US), Evonik
(Germany), BASF (Germany), DSM (The Netherlands), Solvay (Belgium), Ajinomoto
(Japan), Novozymes (Denmark), Chr. Hansen (Denmark), InVivo (France), Nutreco
(The Netherlands), Kemin (US), Adisseo (France), and Alltech (US).
Some key highlights
from the report:
- Based on type, the amino acid
segment revenue is expected to account for a high CAGR during the forecast
period owing to extensive use of amino acids in cattle and pig
feed.
- In context to form, the liquid
segment is projected to account for largest revenue share over the
forecast period. High revenue is attributed to factors such as easy
handling, cost-effectiveness, and quick mixing with feed.
- North American market revenue is
expected to expand at a rapid CAGR throughout the forecast period owing to
factors such as high consumption of animal-based products, strict
regulations and standards for meat quality combined with availability of
raw materials like corn and maize in abundance.
- Europe is expected to account for
considerable revenue share during the forecast period owing to factors
such as increasing demand for livestock products and ban on usage of
antibiotics in animal feed.
- Adisseo announced acquisition of
FRAmelco Group in September 2020. Adisseo is expected to become a leading
specialty feed additives company as a result of this acquisition.
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For this study, Reports
and Data has segmented the global feed additives market based on type,
livestock, form source, and region:
Based On Type: (Volume,
Kilo Tons; Revenue, USD Billion, 2018 - 2028)
- Amino Acids
- Phosphates
- Vitamins
- Acidifiers
- Carotenoids
- Enzymes
- Mycotoxin detoxifiers
- Flavors & Sweeteners
- Antibiotics
- Minerals
- Antioxidants
- Non-protein Nitrogen
- Phytogenics
- Preservatives
- Probiotics
Based On Livestock:
(Volume, Kilo Tons; Revenue, USD Billion, 2018 - 2028)
- Ruminants
- Dairy
- Beef
- Calf
- Others
- Sheep
- Goat
- Poultry
- Broilers
- Layers
- Breeders
- Swine
- Starter
- Sow
- Grower
- Aquatic Animals
- Others
- Equine
- Pets
Based On
Form (Volume, Kilo Tons; Revenue, USD Billion, 2018 - 2028)
- Dry
- Liquid
Based On
Source: (Volume, Kilo Tons; Revenue, USD Billion, 2018 - 2028)
- Synthetic
- Natural
Based On Region (Volume,
Kilo Tons; Revenue, USD Billion, 2018 - 2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Rest Of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
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full report here @
https://www.reportsanddata.com/report-detail/feed-additives-market
Objective of Studies:
·
To
provide detailed analysis of the market structure along with forecast of the
various segments and sub-segments of the global Feed Additives market.
·
To
provide insights about factors affecting the market growth. To analyze the Feed
Additives market based on various factors- price analysis, supply chain
analysis, Porte five force analysis etc.
·
To
provide historical and forecast revenue of the market segments and sub-segments
with respect to four main geographies and their countries- North America,
Europe, Asia, Latin America and Rest of the World.
·
To
provide country level analysis of the market with respect to the current market
size and future prospective.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
Visit our blog for more industry updates @ https://reportsanddata.com/blog/top-8-food-industry-trends
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