This report is an effort to identify factors, which will be the driving force behind the animal feed and feed additives market and sub-markets in the next few years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the animal feed additives industry in terms of products, livestock and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends.
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We have adopted bottom up model to derive market size of the global animal feed and feed additives market and further validated numbers with the key market participants and C-level executives. This report highlights the industry with the following points:
- Definition, estimates & forecast of animal feed and feed additives product market from 2011 to 2018
- To measure the animal feed additives market and its various sub-segments, including the market by livestock and geography
- To analyze the forecasts and the major factors driving and inhibiting growth of the animal feed additives market and its segments
- To identify and analyze animal feed additives market opportunities
- To analyze opportunities in the market for the stakeholders and draw a competitive landscape for the market leaders
This research is specially designed to estimate and analyze the demand and performance of animal feed additives products in global scenario. This research provides in-depth analysis of animal feed additives product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global animal feed additives market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered.
The animal feed additives market is segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers and others (Trace minerals, NPN and so on). The global feed acidifiers market is estimated to reach USD 1.6 billionin 2018 from USD 1.0 billion in 2011, at a CAGR of 6.3% from 2011 to 2018. Asia Pacific is major sales contributor and is expected to hold 32% of the global market share in 2018. This market is expected to have high growth of CAGR 4.0% due to higher demand and sales. The U.S. remains the leader in the North American amino acids market with 29.9% market share, while China leads the Asia Pacific market with 49.5% market share followed by Japan. Within Europe, UK draws the largest demand, which is followed by Germany.
Major applications analyzed in this report are enhancing animal nutritional growth, feed quality, and meat quality. Enhancing the feed quality remains the leading demand generating factor followed by meat quality enhancement with 21%. The consumption of chicken and beef in the U.S. is huge due to the eating habits and consumption trends. Asia and Europe are the largest users of chicken.
The major industry drivers of animal feed additives market are rise in global meat consumption, rising awareness regarding meat quality and dairy products, and recent livestock disease outbreaks promoting feed additive usage. Also industrialization in meat production is an important driver. Key challenges the industry is facing today are rising cost of natural feed products and ban on antibiotics – these can be viewed as an opportunity for others.