Compound feeds are food products manufactured for animals
and additives are the supplements used in compound feeds for improvements of
health and productivity of animals, the global compound feeds and additives
market is expected to grow at a compound annual growth rate (CAGR) of 7.2% and
reach US$184.8 billion by 2022 from $106.1 billion in 2014.
Factors that are influencing the market growth include
rise in meat consumption, rise in disposable income and rise in demand for
animal proteins in some regions. Whereas factors such as price instability and
unsteady supply of raw materials are hindering the market growth. Amino Acids,
Vitamins, Acidifiers and Antibiotics accounts 45% of the global feed additives
market share.
The Global Compound Feeds and Additives Market is
segmented by product type and geography. The compound feed market is segmented
on the basis of product type as: Cattle Feed, Swine Feed, Poultry Feed, Aqua
Feed and Pet Feed. The feed additives market is segmented by Vitamins, Enzymes,
Antibiotics, Amino Acids, Antioxidants, Feed Acidifiers and Anti-Infectives. By
geography, it is segmented into North America, Europe, Asia Pacific and Rest of
the World. The market is led by North America which has the largest share.
The major players in Compound Feeds and Additives Market
include Adisseo France S.A.S, Nutreco N.V., Evonik Industries AG, Novozymes
A/S, CHR. Hansen Holdings A/S, Basf Corp., Nwf Group plc, Rumenco Limited, AB Agri Limited and Hill’s Pet Nutrition.
For more information visit: http://www.marketresearchreports.com/stratistics-mrc/global-compound-feeds-and-additives-market-outlook-2014-2022
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browse more Nutraceuticals Market Research Reports
visit: http://www.marketresearchreports.com/nutraceuticals
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