Title: Reverse osmosis membrane market Share, Segmentation, Report 2025
1Animal Feed Additives Market is estimated to
surpass USD 25 billion by 2025
2Key Insights from Animal Feed Additives Market
- Animal feed additives market, which is strongly
characterized by the presence of established
industry giants, has been witnessing phenomenal
advancements in terms of feed quality and product
diversification, over the recent years. - The substantial upsurge in livestock breeding and
rising global meat consumption are some of the
important factors that have prompted companies to
come up with new products and make considerable
investments in RD activities. Speaking along
similar lines, it would be important to take note
of an instance that provides a significant
testimony to the aforesaid statements. - Speaking of the growing demand for nutritional
additives from the poultry application, China is
one of the most lucrative growth grounds for
animal feed additives industry expansion. High
livestock production and extensive animal
breeding in the region has been identified as the
two crucial factors fortifying the regional
animal feed additives market demand. - The increasing meat consumption in China has, in
turn, prompted the regional industry players to
incorporate additives for maintaining the quality
of meat. According to reports, the meat
consumption in China exceeded 50 kilo tons in
2016 and is further anticipated to surpass 60
kilo tons by 2024.
3Continued...
- With other countries, such as India, Malaysia,
Thailand, and Indonesia following similar growth
patterns with regard to massive livestock
production, the animal feed additives market,
across the Asia Pacific belt, is certain to
account for above-average growth. It has been
reported that in the year 2016, Asia Pacific
witnessed highest feed production capacity,
surpassing 350 million tons. - It would be prudent to mention that the growing
consumer demand across these continents have
expanded the scope for animal feed additives
market participants and have encouraged them to
expand their global reach. According to research
study, new product launches and MAs have been
the most adopted strategy by the animal feed
additives industry players. For instance, in a
bid to strengthen its position in the global
animal feed additives market, Coppens
International recently unveiled its product
breakthrough for aquatic feed additives.
Elaborating further on this move, the company
introduced several new algae products that
replaced the use of fish oil and inorganic trace
minerals in the additives.
4China Animal Feed Additives Market Size, By
Product, 2016 2024 (USD Million)
5 Browse Full Market Research Report On Animal
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