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 report covers the Animal Feed Additives market most recent revenue and market trends. The report provides the readers comprehensive overview of the Animal Feed Additives market and indicates the lucrative of the market in the forecast period. The research analyst has said that the APAC region is a lucrative opportunity for the market and components manufacturers for the next ten years. The report provides a market overview through common subjects that are highlighted with unique data based on the need.
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Market Scope
The report focuses on the major key aspects of the market growth and restraints for key companies as well as the current competitive benchmarking and development prospects. It provides the current Animal Feed Additives market trends and future insights in terms of demand, supply chain and sales as well as recent changes in the market. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods. In addition to the development process, the report provides the cost structures and the development goal and objectives. It includes factors like Market segmentation, CAGR year on year growth percent, Porter’s five forces model, absolute USD potential and expected market cost structure.
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Segmentation:
Growing meat consumption, combined with recent disease outbreaks, has created a demand for additives in poultry, aquaculture, and other animal-based goods, which is likely to drive product demand. Additives are components that are essential for improving animal performance as well as their health. As a result, these products have an indirect impact on human food product features. Animals benefit from the consumption of food with a sufficient amount of additives, such as improved digestion and reproduction.
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
The study delves into the Animal Feed Additives market in depth, segmenting it into regions. It demonstrates the important regional divisions such as North America, Asia Pacific, Europe, Latin America the Middle East, and Africa has global influence. The market in each region is thoroughly investigated, enabling for the identification of regional market trends, restrictions, and development opportunities.
Key Questions answered in the Animal Feed Additives Market Report are:
Key offerings:
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Mar 08, 2023