Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Market Overview:
The global Feed Additivesmarket was valued at USD 21.80billion in 2016 and is projected to reach USD 31.84billionby 2025, growing at a CAGR of 4.3% from 2017 to 2025.
The rise in extensive farming activity is expected to be a major driver for Feed Additives. The increasing focus on farm efficiency and productivity is expected to drive market demand for Feed Additives. The major restraint for market growth is high initial capital investment.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Growth in consumption of animal based products
1.2 Rise in feed production
2. Market Restraints
2.1 Volatile raw materials
2.2 Stringent regulatory framework
Market Segmentation:
The global Feed Additivesmarket is segmented on the type, livestock, form,and region.
1. By Type:
1.1 Amino Acids
1.2 Phosphate
1.3 Vitamins
1.4 Acidifiers
1.5 Carotenoids
1.6 Enzymes
1.7 Mycotoxin Detoxifiers
1.8 Flavors and Sweeteners
1.9 Antibiotics
1.10 Minerals
1.11 Antioxidants
1.12 Non Protein Nitrogen
1.13 Others
2. By Livestock:
2.1 Ruminants
2.2 Poultry
2.3 Swine
2.4 Aquatic Animals
2.5 Others
3. By Form:
3.1 Liquid
3.2 Dry
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Kemin
2. ADM
3. BASF
4. Chr. Hansen
5. Cargill
6. Nutreco
7. DuPont
8. Invivo
9. Evonik
10. DSM
11. Solvay
12. Ajinomoto Co. Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Feed Additivesmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
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