DUBLIN--(BUSINESS WIRE)--The "Middle East Feed Additives Market (2019-2025): Market Forecast by Types, by Feed Form, by Animal Type, by Country, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Middle East feed additives market is projected to grow at a CAGR of 5.2% during 2019-25.
Government subsidy, increasing livestock population and construction of several livestock farms are some of the factors boosting the feed additives market in the Middle East region. The market for feed additives in the Middle East has illustrated brisk growth as a consequence of rising mycotoxins level in animals. Furthermore, extremely high levels of ZEN(905) and DON(97%) were also existent, thus have impacted the usage of feed additives.
The feed additives market in the Middle East has exhibited significant growth over the past few years on account of surge in demand for quality meat products due to growing health concerns. Furthermore, lack of reproduction and severe climate change are one of the important factors which are going to provide thrust to the feed additives market in the Middle East.
By type, the Middle East feed additives market is segmented into nutritional, technological, zootechnical and sensory feed additives. The nutritional feed additives segment accounted for the highest feed additives market share owing to the increasing protein deficiency in animals and severe heat stress in the broilers. Furthermore, the growth rate of zootechnical feed additives is anticipated to surge over the coming years on account of increasing intestinal problems in poultry and ruminants.
Some of the major players in the Middle East feed additives market are Cargill Inc., Alltech Inc., Kemin Industries, Inc and Biomin Holding GmbH.
By Feed Form:
By Animal Type:
- Saudi Arabia
- Rest of Middle East Region
- Alltech, Inc.
- Archer Daniels Midland Co.
- BASF SE.
- Cargill, Inc.
- Chr. Hansen Middle East & Africa FZ-LLC
- Elanco Animal Health Inc,
- Evonik Gulf FZE
- Kemin Industries Inc.
- Novozymes A/S
- Novus International Inc.
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