Animal Feed Additives Market size was valued at US$ 17.26 Bn. in 2021 and the total revenue is expected to grow at 5.5% CAGR through 2022 to 2029, reaching nearly US$ 26.49 Bn.
Market Overview
The intelligence report on Animal Feed Additives market was published by Maximise Market research which indicates the expected growth in Animal Feed Additives market in the forecast period of 2022-2029. The Animal Feed Additives market is growing rapidly with a substantial growth rate over the previous years and it is estimated to grow more. The report provides Animal Feed Additives market drivers and restraints. It helps in recognizing the key drivers of the Animal Feed Additives market which driving the Animal Feed Additives markets growth and also helps to understand the upcoming opportunities by using the key drivers.
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Market Scope
The reports provides an in-depth analysis of the market size and its compound annual growth rate for forecast period. Leading analyst’s team has scrutinized the results and data while making of report. It also focuses on the key methods used by the competitors in the industry. It provides the reader and investors with up to data of the Animal Feed Additives market. Data on market size, current and future trends, market share, market dynamics, opportunities, threats and risks and the new entrants of the are represented in the report in the form of graphs, tables, pie charts and product statistics. Some methodologies were undertaken while researching such as SWOT, PESTLE and PORTER’S five forces analysis to understand the Animal Feed Additives market strengths and weaknesses.
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Segmentation:
Based on livestock, based on equipment the Animal Feed Additives market is segmented into Swine, Ruminants, Poultry, Aquatic Animals and Others. The poultry segment is expected to be the largest and fastest-growing section in the feed additives market, based on livestock. Increased demand for poultry feed additives has resulted from growing concerns about animal health and consumer demands for a specific hue of yolk and meat. As a result of the rise in diseases such as avian flu, stricter laws and standards have been implemented, driving greater demand for specialized chemicals. Furthermore, worldwide chicken meat production is predicted to grow at a rapid pace, resulting in increased demand for poultry feed over the forecast period.
Based on form, Animal Feed Additives market is segmented into Dry, Liquid and Others. The dry segment is more popular among animal producers since it is easier to mix with feed, store, and handle. Its availability in pellet and mash forms gives consumers more alternatives when it comes to mixing procedures, which should help this category flourish.
Key Players:
• BASF SE
• Alltech Inc
• Cargill, Inc.
• Novozymes A/S
• Evonik Industries AG
• Charoen Pokphand Foods Public Company Limited
• Nutreco N.V.
• Addcon Group
• Archer Daniels Midland Company
• Adisseo France SAS
• Kemin Industries
• Chr. Hansen Holding A/S
• Biomin
• Aliphos Belgium S.A
• Koninklijke DSM N.V
• Phibro Animal Health Corporation
• Biotech JSC
• Danisco Animal Nutrition, Biomin,
• Ajinomoto Co., Inc.
• Adisseo France SAS.
• Kemin Industries, Inc.
Regional Analysis
Regional analysis provided in the report by MMR indicates the Animal Feed Additives market’s growth region wise with analysis of the Animal Feed Additives market in specific country. The report also provides the information regarding the Animal Feed Additives market dominating country as well as the least achieving countries in the industry. It also covers the geographic conditions of the market and revenue generated and in-depth analysis into the business structure and new updates.
Key Questions answered in the Animal Feed Additives Market Report are:
Key offerings:
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Mar 13, 2023