Focus on improving overall feed yield has been a critical factor for the surge in feed additives demand. Increasing the consumption of meat and milk products as a source of protein and other essential nutrients is expected to further fuel the growth.
The Global Animal Feed Additives Market size is expected to reach USD 47.32 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 3.8% during the forecast period.
Feed additives are considered an integral part of animal feed. Additives act as a catalyst that help disease prevention in animals, improve weight gain, vitamin intake, feed digestion, and conversion; thereby enhancing the quality of meat production. This factor is anticipated to propel the global demand over the forecast period.
The animal feed additives must comply with Regulation (EC) 999/2001, Regulation (EU) 142/2011, and Regulation (EC) 1069/2009. The production order in the installation should be predefined complying with the standards laid by the regulatory bodies. In addition, the production order must be registered and defined as these will be taken into consideration during transferring the formulation up to production.
Saponins and tanins are gaining wide acceptance from animal feed additives market. In ruminant animals, the most important applications of tanins are to control intestinal parasites, pathogenic bacteria load, and animal pasture bloat. Strong protein affinity of tanins contributes towards reducing protein degradation which further helps improve production efficiency and protein utilization in the rumen.
To Know More About Animal Feed Additives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/animal-feed-additives-market
Top Players of Animal Feed Additives Market:
Some of the key companies are AFB International; Alltech, Kemin Industries Inc.; Evonik; DuPont; DSM; Nutreco N.V.; Archer Daniels Midland; and Cargill; among others.
Market Segmentation of Animal Feed Additives Market:
The Global Animal Feed Additives Market segmented on the basis of Product, Livestock, and Region.
By Product:
Antibiotics
Vitamins
Vitamin A
Vitamin E
Vitamin B
Vitamin C
Antioxidants
Amino Acids
Tryptophan
Lysine
Methionine
Threonine
Feed Enzymes
Phytase
Non-Starch Polysaccharides & Others
Feed Acidifiers
By Livestock:
Pork/Swine
Poultry
Cattle
Aquaculture
Inquire about Animal Feed Additives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/217/ibb
Comments
Post a Comment