“The Global Nutrients and Acids in Animal Nutrition Market growing at prominent growth rate over the next seven years of forecast years to reach US$ 15,276.3 Mn by 2025 owing to grow in R&D for the development and launch of newer products into market.”

 

The global nutrients and acids in animal nutrition market valued at US$ XX Mn in 2018 and burgeoning at a prominent growth rate over the forecast years owing to grow in awareness about the  livestock health coupled with surge in animal husbandry around the globe. Moreover, escalation in population demanding for high quality livestock products, increase in adoption of nutrients and acids for animal nutrition, are surge the market over the forecast years. Moreover, increase in R&D for the development of newer products rise in trading of livestock products, and surge in disposable income are projected to bolster the global nutrients and acids in animal nutrition market. However, lack of livestock disease awareness animal nutrition products in underdeveloped countries, stringent regulatory framework for product approval, and adoption in alternative feed products are hamper the growth of nutrients and acids in animal nutrition market.

 

Global Nutrients and Acids in Animal Nutrition market segmented on the basis of product type, animal type, and region

 

 

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Vitamins Dominate the Global Nutrients and Acids in Animal Nutrition Market

Based on the product type, global nutrients and acids in animal nutrition market is segmented into organic acids, amino acids, vitamins, minerals, proteins, carbohydrates, fibers, and others. Vitamins segment contributed the largest share in global nutrients and acids in animal nutrition market and the segment is growing at 6.1% CAGR over the forecast timeframe owing to surge in vitamin feed products to improve the immune system of livestock and launch of newer products into market. Moreover, amino acids segment expected to grow at highest growth rate over the forecast years in nutrients and acids in animal nutrition market owing to rise in R&D for the launch of newer products into market. For instance, in October 2019, Kemin Industries launchd Kessent, rumen-protected Methionine, a necessary amino acid in ruminant diets, and the product will be commercialize in 2020.

 

North America Leads the Global Nutrients and Acids in Animal Nutrition market

PBI’s global nutrients and acids in animal nutrition market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among all the regions, North America dominated the global nutrients and acids in animal nutrition market and the market is expected to grow at prominent growth rate over the forecast years owing high adoption of animal nutrition products among the livestock owners in USA and Canada. Moreover, surge in R&D for the development of newer products, rise in disposable income, and presence of huge number of market players in the region also burgeon the market over the forecast years. Europe nutrients and acids in animal nutrition market projected to exhibit notable growth due to surge in the adoption of nutrients and acids in animal nutrition due to ban on certain antibiotics, and grow in demand for healthy livestock products.

 

Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players

Global nutrients and acids in animal nutrition market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In July 2016, ADM launched Proplex DY is a yeast based, high protein ingredient primarily for starter pigs weighing less than 25 pounds

Key player’s profiles in the report are Adisseo France S.A.S., Cargill, Inc., BASF SE, Kemin Industries, Nutreco N.V., Archer Daniels Midland Company, Evonik Industries AG, Alltech, Inc., Royal DSM N.V., and Novus International, Inc.

Precision Business Insights (PBI) in its report titled “Global Nutrients and Acids in Animal Nutrition Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

Detailed Segmentation

By Product Type

• Organic Acids
• Vitamins
• Minerals
• Amino Acids
• Carbohydrates
• Proteins
• Fibers
• Antioxidants
• Others

By Animal Type

• Swine
• Poultry
• Ruminants
• Equine
• Aquaculture
• Cattle
• Others

Geography

• North America

• USA
• Canada

• Europe

• Germany
• France
• UK
• Italy
• Spain
• Russia
• Poland
• Rest of Europe

• Asia-Pacific

• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific

• Latin America

• Brazil
• Mexico
• Argentina
• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

 

 

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