Feed Additives Market to Reach $29 Billion by 2022 - Rising Consumption of Meat Due to Mounting Concerns Over Quality of Meat Products - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Feed Additives Market - Forecasts from 2017 to 2022" report to their offering.

Feed Additives Market is projected to grow to US$29.129 billion at a CAGR of 4.98% over the forecast period. Feed additive is incorporated into animal feed to enhance the nutritional level of the feed. It is used to improve the quality and property of animal feed in order to augment features like palatability preservation, digestive performance, and others. Global feed additive market is largely driven by rising consumption of meat due to the mounting concern over the quality of the meat products.

Increasing livestock population coupled with a shift of the livestock industry from unorganized sector to an organized one further propels the feed additive market growth. Moreover, a sudden upsurge of animal diseases results in concern over animal's health while boosting the feed additive market. However, strict government regulations and rising raw material cost are hampering the market growth. The ban on antibiotics in the US and Europe for animal feed further restrains the market growth.

Geographically, Asia Pacific region is expected to drive the global feed additive market due to rising demand for animal meat protein, especially in China.

Companies Mentioned

  • Cargill Incorporated
  • BASF SE
  • Novozymes
  • Adisseo France SAS
  • Nutreco
  • Chr. Hansen
  • Evonik Industries
  • Archer Daniels Midland Company
  • Alltech Inc
  • Elanco Animal Health

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Feed Additives Market By Product (US$ billion)

6. Feed Additives Market By Livestock (US$ billion)

7. Feed Additives Market Forecast By Geography (US$ billion)

8. Competitive Intelligence

9. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/cswkmh/feed_additives

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Animal Feedstuffs

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Animal Feedstuffs