Global Feed Additives Market 2018-2023: Analysis of Growth, Trends and Demand Forecast - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 28, 2018--The “Global Feed Additives Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global compound feed market revenue is estimated to grow at a CAGR of 1.6% over the period 2018-2023.
The compound feed industry is mainly driven by factors like increasing meat consumption across the globe and growth in the processed meat industry due to increased income of middle-class population in developing countries.
Demand for high-quality compound feed from livestock industry due to increased industrial production of meat and dairy products has elicited the growth in consumption of the compound feed and feed additives.
The raw materials used for compound feed production such as maize, barley, soybean are used for human consumption and production of ethanol. In this scenario, the feed industry competes with the food industry for raw materials. This condition has generated the demand for additives, which are cost effective and enhance production. The home mixers and large farm owners provide additives to the livestock to ensure a steady supply of high-quality meat, dairy and derived products.
Developments in the MarketFederal Agriculture and Agri-Food Minister announced that from Dec. 1, 2018, the over-the-counter antibiotics will require a prescription from a veterinarian. Ingredion acquires Sun flour Industry Co Ltd, Thailand’s rice and flour business.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Overview And Technology Trends
5. Market Dynamics
6. Global Feed Additives Market Segmentation by Type
7. Global Feed Additives Segmentation by Animal Type
8. Global Feed Additives Segmentation by Geography
9. Competitive Landscape
10. Company ProfilesAdisseo BASF Danisco Animal Nutrition Archer Daniels Midland Cargill Neovia Kemin Nutreco Phibro Animal Health Corporation Lallemand Alltech Inc. Novozymes Beneo Elanco
For more information about this report visit https://www.researchandmarkets.com/research/6jltrb/global_feed?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180928005128/en/
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Related Topics:Animal Feedstuffs
INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/28/2018 05:26 AM/DISC: 09/28/2018 05:26 AM