Feed Additives Market Size Samuel Umtiti Barcelona Jersey , Share, Trends and Applications 2021 Posted by OliveDavid on November 27th, 2017
Feed Additives Market by Type (Antibiotics, Antioxidants, Amino Acids, Enzymes, Vitamins, Mycotoxin Detoxifiers, Prebiotics, Acidifiers Aleix Vidal Barcelona Jersey , Probiotics, Feed Pigments, Feed Binders, Flavours and Sweeteners, Feed Minerals),by Livestock (poultry, cattle, swine, aquatic animals), and by Region - Global Industry Analysis Sergi Roberto Barcelona Jersey , Size, Share, Growth, Trends, and Forecasts (2016–2021)
The Global Feed Additives Market was worth .29 billion in 2016 and estimated to be growing at a CAGR of 4.5%, to reach .74 billion by 2021. The global feed additives market is developing at a significant rate due to the increase in the livestock population for meat consumption as a source of protein. Feed additives are vital in animal nutrition, as they enhance the quality of feed, and thereby enrich the animals’ performance and health. They also subsequently enhance the yield and quality of food from animal origin.
Full report at: additives are used in animal nutrition to boost the quality and properties of animal fodder to enhance features such as palatability preservation, overall gut healthdigestive performance, and others. They have gained reputation globally Munir El Haddadi Barcelona Jersey , as they further the overall health of the animal, in turn enhancing the quality and quantity of meat produced from them. For example, poultry feed additives are used to enhance the bird’s egg-laying capacity, disease prevention, and feed utilization. Likewise, a swine diet consists of various natural and synthetic additives, such as high dietary levels of copper and zinc, acidifiers, and phytase to increase the productivity and profitability of this feed.
The growth of the Feed Additives market is majorly driven by factors such as the rise in global meat consumption, a better understanding of quality feed Jordi Alba Barcelona Jersey , industrialization of the livestock industry, danger of diseases in livestock, and the ecological impact of the meat and dairy industry. Technology innovations are also playing a crucial role in the advancement of this industry. Another major factor driving the growth of the market is the demand for low-cost meat with superior nutritional value throughout the globe. Different regulatory structures, volatile economies, and increasing cost of operations are the major restraining factors for the market. And also, increase in the cost of raw materials for feed additives is a key challenge for the companies in the market.
Market Segmentation:
By Type By Livestock
The Global feed additives market is segmented based on type and livestock. The market for feed additives, on the basis of type, is classified into Antibiotics, Antioxidants, Amino Acids Clement Lenglet Barcelona Jersey , Enzymes, Vitamins, Mycotoxin Detoxifiers, Prebiotics, Acidifiers, Probiotics, Feed Pigments, Feed Binders, Flavours and Sweeteners, Feed Minerals and each is further classified into subgroups. On the basis of livestock Malcom Barcelona Jersey , the global feed additives market is segmented into poultry, cattle, swine, aquatic animals, and others. By livestock, the poultry segment leads the feed additives market. Amino Acids, antibiotics, acidifiers, and vitamins are the major sectors accounting for almost 50% of the entire feed additives market. Feed antioxidant is another high growth segment in this market owing to ramped-up efforts of manufacturers to avoid feed spoilage and wastage