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Feed Additives Market by Type, Livestock, Form And Region - Global Forecast to 2022

Feed Additives Market: Global Forecast until 2022

  • October 2017
  • 199 pages
  • ID: 5175230
In this report:
According to the Thai Feed Mill Association (TFMA), the animal feed production was around ## million MT in 2016 and is projected to reach ##.## million MT in 2017, a ##% increase in the feed production from 2016.
According to the USDA, the total production of sorghum was over ##.## KT in 2006, out of which around ##% was used in feed.

Summary

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"Feed additives market is estimated to rise at a compound annual growth rate of 4.50 percent during the forecast period."

The feed additives market is projected at ~$22.6B in 2017 and is expected to grow at a compound annual growth rate (CAGR) of 4.50 percent, to attain ~$28.2B by 2022. The main factors that drive the market demand for feed additives contain the rise in consumption of animal-based products, increase in feed production, standardization of meat products owing to disease outbreaks, and implementation of innovative animal husbandry practices to enhance meat quality.

On top of, the shift towards natural increase promoters and the growth in demand for nutritional supplements for monogastric animals are possibilities for the feed additives market. Nevertheless, the ban on antibiotics in different countries, volatile raw material prices, and stringent regulatory framework are the restraining factors for this sector.

"The amino acids segment is intended to be the quickest-rising in the overall feed additives market."

On the basis of category, the amino acids segment is forecasted to be the quickest-increasing during the forecast period. Amino acids help in providing the energy required for the rise of bones and muscles, and improving muscle movement, digestion, and blood circulation. They also help in growing the livestock yield by rising the quality and quantity of products obtained from the animal. These benefits provided by amino acids have resulted in an increased demand for these additives in the feed market, which is anticipated to contribute to the increase of the feed additives market in the next years.

"Asia-Pac was the biggest market for feed additives in 2016."

Asia Pacific (APAC) recorded for the biggest share of the feed additives market in 2016 due to the increasing awareness among the consumers concerning the impact of quality feed provided to the livestock on animal-based products including meat and dairy products. Moreover, continuous modernization of animal production techniques is forecasted to drive the industry demand for distinct types of feed additives in this area.

Distribution of primaries is like:

By Company Type: Tier 1 - 17.0 percent, Tier 2 - 17.0 percent, and Tier 3 -66.0 percent

By Designation Level: C Level - 17.0 percent, Director Level -50.0 percent, and Others - 33.0 percent

By area: North america (NA) - 12.0 percent, Europe - 37.0 percent, Asia Pacific - 25.0 percent, South America - 13.0 percent, and rest of the world - 13.0 percent

• Ajinomoto Co., Incorporated

• Kemin Sectors

Segment Research

The document breaks down the feed additives market based on type, livestock, form, and area. In terms of insights, this market research has emphasized different levels of analyses-trade study, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, emerging & high-growth segments of the overall feed additives market, high-growth areas, territories, government actions, drivers, market restraints, and alternatives.

Why acquiring this study can help you:

• To get a comprehensive overview of the feed additives market

• To benefit a wide-ranging information about the top actors in this market, their service portfolios, and top strategies approved by them

• To benefit business insights about the main countries/localities in which the feed additives market is prospering

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