Global Animal Feed Additives Market is Expected to Grow at a CAGR of 4.25% During the Forecast period (2016-2024)

New York, USA, 2018-Sep-21 — /EPR Network/ —According to Goldstein Research, major driving factor for the growth of animal feed additives market is the requirement for environmental friendly animal production. The overall performance can be increased by improving fertility and health of the animals. This requirement has raised the expenditure to 70% on animal feed in the overall animal production. Moreover, a major production of the animal feed additives is from APAC region accounting for 367.6 million metric tons production in 2016. Europe has been promoting feed additives but only with the authorization and labeling. Global animal feed additives market Outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe.

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Market Segmentation

On the basis of our in-depth analysis, global animal feed additives market can be segmented as follows:

By Types of Additives

  • Technological additives (preservatives, antioxidants, emulsifiers, stabilizing agents, acidity regulators, silage additives)
  • Sensory additives (flavors, colorants)
  • Nutritional additives (vitamins, minerals, amino acids, trace elements)
  • Zootechnical additives (digestibility enhancers, gut flora stabilizers)
  • Coccidiostats

By Animal Species

  • Ruminants (Dairy and Beef) feed additives
  • Poultry feed additives
  • Swine feed additives
  • Aquaculture feed additives
  • Pets feed additives
  • Equine feed additives

By Application

  • Feed conversion and Animal performance
  • Feed preservation and Feed hygiene
  • pigmentation
  • Vitality and Wellbeing

Based on Geography

  • North America (U.S. & Canada) Animal feed additives Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Animal feed additives Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Animal feed additives Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Animal feed additives Market {Market Share (%), Market Size(USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Animal feed additives Market {Market Share (%), Market Size(USD Billion)}

“Global Animal Feed Additives Market Outlook 2024” contains a detailed overview of the global animal feed additives market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by additives type, by animal species, and by applications.

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Further, for the in-depth analysis, Global Animal Feed Additives Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as BASF, ADM, Evonik, Adisseo, DSM, Chr. Hansen, Novozymes, Alltech, Nutreco, Cargill, Bentolli, Daeho co. ltd. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global animal feed additives market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this global animal feed additives market report

  • What is the global animal feed additives market size by 2024 and what would be the expected growth rate of sales?
  • What are the animal feed additives market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to animal feed additives market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry level players?
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