Market Overview

Feed Additives Market up to 2023 - Key Players are BASF SE, Cargill, DowDuPont, Novozymes, and Novus International - ResearchAndMarkets.com

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The "Feed
Additives Market up to 2023"
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Rising consumer awareness toward protein- and nutrient-based food and
increasing concerns about the health & safety of livestock are fostering
the market of feed additives. Feed additives play an essential role in
the overall health of livestock, i.e., help in digestion, prevention
from diseases, conversion rate, and improve weight gain.

Changing consumer preferences for better nutritional feed products are
increasing the demand for feed additives. Further, the focus has shifted
toward feed additive inclusive products to tackle the concern of
nutritional loss such as unabsorbed fat and protein. The demand from
consumers of ruminants and poultry industries is driving the feed
additives market. Asia Pacific is currently the leading market for
overall feed additives, whereas Europe is gaining popularity in terms of
other feed additive chemicals such as amino acids, antibiotics, and feed
enzymes. The rising consumer per capita income along with a shift in
consumer food behavior toward a protein-rich diet is strengthening the
industry growth in Asia Pacific.

Globally, Asia Pacific is the largest feed additives market, primarily
due to the presence of export-oriented manufacturing capacities and
intense domestic demand from various end-user industries. The increase
in animal farmers is further driving the market growth in the region.
The anticipated economic stability in Europe is expected to boost its
manufacturing sector, complementing the growth of the feed additives
market. North America is likely to remain the key region with a
significant contribution from the US.

Few of the prominent companies operating in the feed additives market
are BASF SE, Cargill Inc., DowDuPont Inc., Novozymes, and Novus
International Inc.

Key Topics Covered:

1 Report Outline

2 Executive Summary

3 Market Positioning

4 Market Outlook

5 Market Characteristics

6 By type: Market Size & Analysis

7 End-user: Market Size & Analysis

8 Regions: Market Size and Analysis

9 Companies to Watch for

10 Competitive Landscape

11 Annexure

12 Acronyms

Companies Mentioned

  • BASF SE
  • Cargill Inc.
  • DowDuPont Inc.
  • Novozymes
  • Novus International Inc.

For more information about this report visit https://www.researchandmarkets.com/research/vhnhl9/feed_additives?w=4

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