-- Meticulously analyzed in terms of pivotal industry segments, global Animal Feed Additives market report effectively covers the scope of this space in terms By Livestock, By Product, and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.
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The report extensively bifurcates the various contenders of global Animal Feed Additives market. Prominent contributors such as Alltech Inc, Biomin Holdings GmbH, Dr. Eckel GmbH, Impextraco, IPTSA (Industrial Técnica Pecuaria), Kemin Industries, Lucta, MIAVIT GmbH, Novus International, Inc., Nutriad, Orffa, DSM, BASF SE, Dupont, Andres Pintaluba, S.A, Cargill, Nutreco N.V, Neovia, Archer Daniels Midland Company (ADM), Kaesler Nutrition GmbH have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.
U.S. animal feed additives market should grow significantly at a rate of over 3% by 2024 due to strong demand for quality & safe meat products. Stringent food & safety regulations pertaining to standardized meat and milk products along with ban on meat and bone meal should amplify regional product demand.
Germany animal feed additives market should grow significantly during forecast timeframe due to raising living standards along with spurring meat demands from packaged food sector. High economic standards coupled with busy working schedule should further strengthen demand for packaged food implying animal feed additives market growth.
Animal feed additives market demand from pet food applications should surpass 160 kilo tons by 2024. Pets needs nutrition & special care for strengthening their joints, improving metabolism, and protecting hair & skin coats. Vitamins, pigments, flavors, antioxidants and probiotics are the prominently used in pet food. Vitamins helps to enable in maintaining body functions and provides essential nutrients needed for growth of pet animals.
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Probiotics animal feed additives market should grow significantly at a rate of over 5.5% during forecast timeframe as it helps in enhancing gut & intestinal health in swine, poultry and cattle being dietary supplement. It comprises of live micro-organism strains which maintains microbial flora in gastrointestinal tract in animals improving digestion and feed efficacy propelling industry growth.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Animal Feed Additives Industry Insights
Chapter 4 Animal Feed Additives Market, By Product
Chapter 5 Animal Feed Additives Market, By Region
Chapter 6 Company Profiles
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