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Animal Feed Additives Market share to exceed USD 25 billion by 2024: Global Market Insights Inc. – PowerPoint PPT presentation

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Title: Reverse osmosis membrane market Share, Segmentation, Report 2025


1
Animal Feed Additives Market is estimated to
surpass USD 25 billion by 2025
2
Key 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.

3
Continued...
  • 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.

4
China Animal Feed Additives Market Size, By
Product, 2016 2024 (USD Million)

5

Browse Full Market Research Report On Animal
Feed Additives Market _at_ http//bit.ly/31ejO6r
Request for a Sample of this Research Report _at_
https//www.gminsights.com/request-sample/detail/1
44 https//www.gminsights.com/request-sample/deta
il/144 hts.com https//www.gminsights.com/request-
sample/detail/49
6
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