DUBLIN--(BUSINESS WIRE)--The "Global Algae-based Animal Feed and Ingredients Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global algae-based animal feed and ingredients market is expected to grow at a CAGR of 8.39% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the growth in medicated animal feed and ingredients. Medicated feed and ingredients are formulated to maintain health, promote growth, improve feed efficiency, and prevent diseases among the livestock.
According to the report, one of the major drivers for this market is that algae cultivation saves natural resources including land and water. The cultivation of algae has negligible environmental impact on natural resources. For instance, cultivation of algae requires 3% of the land and 2% of fresh water when compared to land crops. Algae usually grows in wastewater, and the yield is good enough to cater to the nutritional needs of livestock more effectively than the resource intensive grain-based stock feed.
Further, the report states that one of the major factors hindering the growth of this market is the increasing diseases outbreak in livestock. Outbreaks of epidemic contagious diseases that affect livestock lead to the loss of livestock produce such as meat, milk, dairy products, and other related products, and is a challenge to the animal feed market as well. Consequently, the death of livestock affects the consumption pattern of animal feed and also affects the sales and revenue of the animal feed market and the algae-based animal feed and ingredients market. Disease outbreak disrupts livestock product trade and inhibits sustained investment in livestock production.
- Archer Daniels Midland Company
- Associated British Foods
- Royal DSM
- Spectrum Brands
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Pestle Analysis
8. Market Segmentation by Application
9. Market Segmentation by Product
10. Customer Landscape
11. Market Segmentation by Distribution Channel
12. Regional Landscape
13. Decision Framework
14. Drivers and Challenges
15. Market Trends
16. Competitor Landscape
17. Competitor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/h7jqt2/algaebased?w=4