Feed additives are food supplements for farm animals to compensate for the lack of certain nutrients from regular meals and improve their health. The nutritional values of such animal feeds are influenced by their nutrient content, feed presentation, hygiene, digestibility, effect on intestinal health etc.The end users are primarily the farms houses, animal breeders and researchers.
The following factors are significant in deciding the fate of the market:
Various kinds of animal meat are widely consumed all over the world. Increase in the health consciousness of the consumers and their focus on the food safety is the major driver for the market.
With the increase in pet ownership globally combined with the acceptance of the pets as family members; more and more people are purchasing these products for the well being of their pets.
Due to the rising disposable incomes in the developing nations and premiumnisation’ people are gladly purchasing the branded products over the local ones.
Prevalence in the zoonotic diseases (diseases transmitted from animals to the humans) has also increased the sales of these products.
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Scarcity of arable land and water increased competition for cultivated land and cost effective production is one of the major hindrances for the industry.
Frequent economic slowdowns in several nations combined with the increased cost of the raw materials have also led affected the market badly.
The complex regulatory structure of these products is also a major challenge for the market.
Market opportunities mainly lie in acquisition of the local companies by the bigger ones. Improvising the manufacturing processes would also bring down the production costs. Finally exploiting the untapped potential existing in many countries will also help in the growth of the market.
The market can be segmented into the following categories:
Based on type:
Based on livestock:
Based on the geographic distribution of the market:
Middle East and Africa
Asia Pacific currently enjoys the lions’ share in the global market followed by the North America. India is the global leader. Growth is particularly high in several developing nations like India, Brazil, China etc.
Some of the key players in the market are:
Zoetis animal healthcare
Ceva Animal Health
Report ContentsRegional AnalysisReport Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
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This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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