DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia Pacific Feed Additives Market - Forecasts from 2017 to 2022" report to their offering.
Asia Pacific feed additives market is projected to reach US$ 9.263 billion in 2022, increasing from US$ 6.528 billion in 2016, growing at a CAGR of 6.01% during this period.
Asia Pacific is expected to be the fastest growing feed additive market because of rising population combined with the increase in per-capita meat consumption with respect to growth in middle-class spending capacity, especially in South Korea, China, and India. In addition to this, adoption and implementation of innovative animal husbandry practices further, drives the feed additive market in this region.
The outbreak of disease coupled with rising health concern pressurizes regional governments to form regulation in order to standardize animal products which, in turn, create ample opportunities for future market growth. In addition to this, factors like the modernization of retail trends, an increase in the number of fast food chains and favorable demographics attract various players across the globe while augmenting the market growth. Indian feed additive market is expected to growth at the fastest rate followed by china owing to high population base coupled with rising meat consumptions.
Key industry players profiled as part of this section are
- Cargill Incorporated
- BASF SE
- Adisseo France SAS
- Nutreco, Chr. Hansen
- Evonik Industries
- Archer Daniels Midland Company
- Alltech Inc
Elanco Animal Health
By Product Type
- Amino Acid
- Aquatic Animals
- South Korea
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Asia Pacific Feed Additive Market By Product (US$ Billion)
6. Asia Pacific Feed Additive Market By Livestock (US$ Billion)
7. Asia Pacific Feed Additive Market Forecast By Geography (US$ Billion)
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/h7pbcf/asia_pacific_feed