Global Animal Feed Market is valued at USD 577.11 Billion in 2021 and is anticipated to reach USD 777.51 Billion over the forecast period 2028, at a CAGR of 4.35%.
Feed additives is substance or combination of ingredients mixed into the basic feed mix or parts thereof to cater to the specific need. Feed additives form an essential part of animal nutrition, which enhances the feed quality, yield & quality of food from animal origin, and animal health.
The Animal Feed market provides a market overview, SWOT analysis, and in-depth analysis of Animal Feed to explore competing products, drivers, larger country data, prospects, and potential applications. In addition, the Feed Additives Industry Research Report contains key drivers and future implications to help decision makers make profitable professional manufacturing decisions.
Players Covered In Animal Feed Market Are:
Cargill Incorporated,BASF SE,SKM Animals Feeds and Foods India Ltd,Adisseo France S.A.S,Dupont Danisco Animal Nutrition,Godrej Agrovet Ltd,Archer Daniel Midland,Elanco Animal Health,Novus International,Biomin,Kemin Industries,Alltech,Sumitomo Chemical,Meihua Group,Global Bio-Chem,DowDuPont,CJ Group,ADM,,Charoen Pokphand Foods PCL.,De Heus Animal Nutrition,JAPFA LTD,Phibro Animal Health Corporation,NOVUS INTERNATIONAL, INC.,Purina Animal Nutrition LLC,Tyson Foods Inc
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What Makes This Report Unique And Essential To Read?
This market research covers the global and regional feed additives markets with a detailed analysis of the overall growth prospects of the feed additives market. Furthermore, it sheds light on the global competitive environment of the global feed additives market. The report also provides an overview of key corporate dashboards, including successful marketing strategies, market contributions, and recent developments in historical and current contexts.
Segmentation Analysis Includes,
By Type
- Fodder
- Forage
- Compound Feed
By Distribution Channels
- Special Animal Medical Store
- Online
- Others
Regions Covered In The Animal Feed Market Report:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
COVID-19 Impacts on Animal Feed Market
The COVID-19 pandemic has brought serious health, social, and economic challenges. Where the medical community is targeted on creating successful diagnostic and medical treatment, the feed industry is also focused on producing healthy products using for animals using feed additives to combat diseases by delivering immune support. Due to the rising COVID-19 pandemic outbreak in several countries, the feed additives market in 2020 was observed to witness a dropped owing to the lockdowns in several countries, closure of the international and local borders, and delay in cross border transit that has led to supply chain obstruction.
Important Facts About The Global Market Report:
- Reports combine important historical data and analytics needed for comprehensive research reports.
- This research report provides a detailed overview of the global feed additive market, market share, supply and demand relationships, supply chain analysis, and imports and exports.
- In this report, there are several approaches and procedures approved by key market players that enable efficient business decision making.
- Reports provide information such as production value, strategies adopted by market players, and the products / services they offer.
- Company profile with comprehensive strategy, financial details, and recent progress.
- Survey This survey reveals how different application / end-user segments contribute to the global market.
- Reports provide complete forecasts of global markets by product, application, and region.
The report analyzes the demand for products in the market for feed additives for aquaculture, poultry, ruminants, pigs, pets and horses. We also analyze the market for feed additives, feed additives, nutritional feed additives, sensory feed additives, coccidial inhibitors and tissue monologues, sugar-based products and the types of microorganisms supplied directly.
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