Animal Feed Additives Market Size, Share | Industry Report, 2022

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Animal Feed Additives Market 2015 2022
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Global Market Scenario of Animal Feed Additives

• Animal feed additives market size valuation is
  likely to be worth more than USD 21 billion by
  2022, with gains at over 3.7.
• Growth in livestock production such as swine,
  poultry and cattle for meat consumption as source
  of protein is likely to drive animal feed
  additives market size.
• Global livestock production was estimated at over
  305 million tons in 2014 with annual growth rate
  of more than 1.7 compared to 2013.
• These products are important growth elements
  required for proper metabolism and appropriate
  weight gain. They also increase the performance
  by delaying fatigue.
• https//www.gminsights.com/industry-analysis/a
  nimal-feed-additives-market
•  

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• Rise in disposable income levels and population
  growth in Asia Pacific Latin America is likely
  to drive meat consumption growth over the
  forecast period thereby pushing animal feed
  additives demand for livestock production. 
• Asia Pacific meat production market size was the
  largest and accounted for over 41 of the total
  volume in 2014. North America and Europe
  accounted for over 14 and 18 of the total meat
  production for the same year.
• Standardization of meat products owing to disease
  outbreaks such as SARS is likely to favor animal
  feed additives market share. 
• Additives such as antibiotics, amino acids and
  antioxidants tend to increase immunity level
  towards diseases. However, (AGPs) antibiotics
  growth promoters used in livestock production are
  getting limited due to public health concerns
  over development of antibiotic resistance in
  zoonotic pathogens.
• https//www.gminsights.com/industry-analysis/anima
  l-feed-additives-market

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Europe animal feed additives market size, by
product, 2012-2022 (USD Million)
https//www.gminsights.com/industry-analysis/anima
l-feed-additives-market

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360 Analysis

• Application Analysis
• Amino acids market size was dominant with
  revenues registered over USD 5.3 billion in 2014
  for animal feed additive industry demand. Amino
  acids such as lysine, methionine, thrionine and
  tryptophan are majorly in livestock production.
  Lysine, a major amino acid consumed worldwide for
  livestock production is particularly used for
  swine and poultry application. 
• Regional Analysis
• Latin America was dominated by Brazil animal feed
  additives market share, which accounted for over
  8 of the total revenue in 2014. Rising living
  standards in countries such as Brazil and
  Argentina has prompted citizens to consume meat
  as source of protein from livestock such as pork
  poultry.
• Competitive Market Share
• Global animal feed additives market share
  indicates moderate consolidation as top four
  companies catered to more than 70 of the
  industry demand in 2014. This industry has
  witness mergers acquisitions and partnership
  tip-ups over the recent past in order to develop
  new product portfolio and increase their regional
  presence..

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