Animal feed additives offer varied functions that include control of infectious diseases and promote animal growth. Worldwide, the thriving meat production industry stands as the major consumer of animal feed additives. Among the emerging nations, such as Brazil, India, and China, rising income levels and increasing per capita meat consumption account for high demand for animal feed additives. The global animal feed and feed additives market is segregated on the basis of livestock, products ... Read more
Global animal feed additives market size was estimated at USD 16 billion in 2014. Growing meat consumption as a key protein source, especially in Asia Pacific and Latin America is expected to be a key driver for market demand over the forecast period. Increased focus on product innovation, resulting in high R&D spending is ... Read more
Feed additives have gained status globally, as they improve the quality as well as quantity produced by the animals. Changing lifestyle and consumer’s preferences towards healthy diet, natural products, and increasing meat consumption are the key drivers for the market. Growing health concerns among the increasing global population together with increasing awareness about the benefits of feed additives are expected to foster the demand for feed ... Read more
The feed additives market is expected to exhibit a sustainable growth rate of 5%, to reach over USD 40 billion by the end of 2025. The main growth factor for feed additives is an increase in consumption of meat products coupled with growing awareness among the consumers about the outbreak of livestock diseases. Furthermore, global industrialization of meat products boosts the market growth. The demand for meat and meat-based products is expected to register a lucrative ... Read more
Feed Additives Market has witnessed a constant demand during the last few years and is projected to reach USD 39,432.9 million at a CAGR of 5.96% by 2023. Feed additives are substances for farm animals used to enhance the quality of animal nutrition as well as improve the nutritional properties of animal fodder. Feed additives are either natural or chemical additive, which improves the feed performance when added, as they offer ... Read more
The global feed additives market size is projected to grow from USD 33.0 billion in 2018 to USD 44.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Increasing consumption of livestock-based products, rising awareness about the importance of feed quality, and standardization of meat products owing to disease outbreaks are the major drivers for the growth ... Read more
