Animal Feed Additives Market: By Product (Amino Acids, Vitamins, Probiotics, Sweeteners, Others) By Animal Type (Pet, Swine/Pork, Aquaculture, Others) Regional Analysis & Forecast - 2026
- OI-149 |
- Published date: Jul, 2019 |
- Animal Health |
- 120 Pages
Introduction
Animal feed additives are used in animal sustenance to progress the properties and nature of the animal feed. Feed additives help by improving the stomach related execution, in general, gut health, appetizing maintenance, and different elements. In this manner, they support the health of the animal and subsequently, improve the amount and nature of meat delivered.
Market Overview
The Global Animal Feed Additives Market was valued at $ XX Mn in 2018 and is forecast to grow at a strong XX% CAGR between 2018 and 2026, resulting in 2026 global sales of $ XX. Market-driven by owing rising consumption of meat worldwide and growing awareness around the quality of dairy products and meat utilized. However, staggering expenses of raw material is hampering market growth. Moreover, water-soluble organic animal feed supplements are providing ample opportunities for the market.
Animal feed additives depending on end-user, Prebiotics segment is expected to account for the largest share of the Animal feed additives market due to the prebiotics are pulling in extensive enthusiasm from animals makers, feed makers, pet food makers, and pet owners.
Key Developments
- 20-Jun-2019: FDA approves blended use of medicated pig feed additives. Pharmgate Animal Health seeks allowance to blend medicated swine feed additives in an effort to expand market use and improve animal response to enteritis, dysentery, and pneumonia.
- July 11, 2019: Now, healthier chicken, without antibiotics. These products contain ‘bacteriophages’, the naturally occurring microorganisms which eliminate bacteria without causing any harm to the animals or having any impact on humans.
- July 9, 2019: ProElite® line of ultra-premium horse feed now available across the US.
Segmentation
The Global Animal Feed Additives Market is segmented on the basis of Product, Animal Type, and Region.
Based on the Product: Amino Acids, Vitamins, Probiotics, Sweeteners, Flavors, Enzymes, Pigments, Antioxidants, Antibiotics, and Minerals
Based on the Animal Type: Pet, Swine/Pork, Aquaculture, Cattle and Poultry
Based on the Region: North America, Asia-Pacific, Europe, and LAMEA. Among that North America held the largest share of the market owing Growing local demand for meat together with the region’s development as a leading exporter of meat will continue to alter the dynamics of Asia-pacific in the global animal feed additives market. China leads the region in meat consumption as well as in the production of animal feed additives
The key players of the Global Animal feed additives market include Archer Daniels Midland Company, Biomin, Cargill, Dupont, Kemin Industries etc..
Report Description: The report covers in-depth analysis of the Global Animal Feed Additives Market. The report assesses the market products by animal type (Pet, Swine/Pork, Aquaculture, Cattle, and Poultry). In addition, the report includes key insights on other development activities, including (but not limited to) – licensing (In and Out), collaborations, acquisitions, reimbursement, patent, and regulatory designations.
The report includes in-depth company profiles of key players in the Global Animal feed additives Market. The company profile includes key information on the overview, financial highlights, product portfolio, business strategies, and key recent developments.
The report highlights information on emerging companies with potentially disruptive technologies and new market entrants.
Scope:
- Provides detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Animal feed additives Market.
- Provides key information on players involved in the Global Animal feed additives Market.
- Provides a complete overview of market segments and the regional outlook of Global Animal feed additives Market.
- Provides in-depth coverage of key news related to global Animal feed additives Market, including major mergers and acquisitions and product development updates such as clinical trial progression updates and regulatory updates
-
Data Collation (Primary & Secondary)
-
In-house Estimation (Based on proprietary databases and Models)
-
Market Triangulation
-
Forecasting
-
Market-related information is assembled from both primary and secondary sources.
-
Primary sources involved participants from all global stakeholders such as experts from several related industries and suppliers that have been interviewed to obtain and verify critical information as well as to assess prospects of the market. The participants included are CXOs, VPs, and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
-
Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications annual reports press releases along with paid sources such as Factiva, OneSource, Bloomberg among others.
-
Top-down and bottom-up approaches: The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation by product, type of manufacturing, and disease) through percentage splits from secondary and primary research. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained.
