Acids & Nutrients in Animal Nutrition Market: Overview
For the proper growth and health of animals, acids and nutrients are required in the feed. The animal feed manufacturers have started providing nutritional feed to the animals that are rich in proteins, acids, and nutrients. It is mainly owing to the factor that, currently, there is a high demand for milk and meat of animals. These sectors are encouraging the feed manufacturers to come up with feeds that have high nutritional value so that the animals are healthy and are protected against harmful diseases. In the past, the swine feed was badly affected due to the emergence of the disease swine flu. The major feeds that are available in the market are poultry, ruminant, and swine feeds. There are also small shares from the aquatic and equine feeds.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Acids & Nutrients in Animal Nutrition Market: Segmentation
The global acids & nutrients in animal nutrition market are segmented into its type, application, and regions. Based on the type of the acids and nutrients in animal nutrition, the market is categorized into minerals, carbohydrates, organic acids, vitamins, proteins, amino acids, fibers, and others. On the basis of the applications, the global acids & nutrients in animal nutrition market are segmented into ruminant feed, aquatic feed, equine feed, poultry feed, and swine feed. The acids & nutrients in animal nutrition market are further diversified into regions such as Asia Pacific, North America, Europe, and Rest of the World.
Acids & Nutrients in Animal Nutrition Market: Growth Factors
The growing awareness of animal feed quality for domestic animals as well as the nutrient requirements required for them is driving the acids & nutrients in animal nutrition market. The growth in the usage of the animal feed is anticipated to have the positive impact on the market growth in the coming years. Rising milk and meat industries is influencing the feed manufacturers to provide high quality feeds that are rich in acids and nutrients, thus contributing to the market growth. Good nutrition rich feeds ensure good health to the livestock and prevent them from endemic diseases. The usage of amino acids is more owing to its beneficial characteristics. The animal feed for ruminants dominate the acids and nutrients in animal nutrition market and is going to continue the same in the coming years. High volume requirements of animal feed for cattle is a major factor for the global acids & nutrients in animal nutrition market growth. There has been a huge development in the aquaculture for the maintenance of health and nutrition of the aquatic animals due to the high human consumption of fishes and other marine animals which are positively helping in the market growth.
Acids & Nutrients in Animal Nutrition Market: Regional Analysis
The Asia Pacific region dominates the acids & nutrients in animal nutrition market. It is mainly due to the increasing population that consumes the high amount of meat, milk and meat products, contributing to the market growth. Asia Pacific and South America consume the major amount of amino acids for animal feed additives due to the low cost and availability, thus driving the market. Regions such as Europe and North America also have ample share in the growth of the acids & nutrients in animal nutrition market.
Acids & Nutrients in Animal Nutrition Market: Competitive Players
Some of the major industries operating in the acids & nutrients in animal nutrition market include BASF SE, Cargill Inc., Charoen Pokphand Foods Pcl, Nutreco N.V., Novus International Inc., Adisseo France S.A.S., Evonik Industries Ag, Archer Daniels Midland Company, Royal DSM N.V., and Alltech.
Acids & Nutrients in Animal Nutrition Market: Regional Segment Analysis
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