Market Size in 2018 | Market Forecast in 2025 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 20,432.89 Million | USD 31,540.83 million | CAGR at 6.47%. | 2018 |
The report covers forecast and analysis for the Animal Nutrition Ingredients market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the Animal Nutrition Ingredients market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Animal Nutrition Ingredients market on a global level. In order to give the users of this report a comprehensive view of the Animal Nutrition Ingredients market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, livestock, form, source, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.
Nutrition Ingredients represent different groups of molecules, compounds, or organisms promoting ingestion, absorption, nutrient assimilation, growth, and health. We affect physiological processes like immune function, resistance to stress, and reproduction. Nutrition Ingredients include attractants for feeding, immunostimulants, prebiotics, probiotics, antibiotics, essential oils, or other inclusions. Typically these additives are not nutrients required.
The study provides a decisive view of the Animal Nutrition Ingredients market by segmenting the market based on type, livestock, form, source, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. Based on type, the market is segmented into amino acids, phosphates, vitamins, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, flavors & sweeteners, antibiotics, minerals, antioxidants, non-protein nitrogen, phytogenics, preservatives, probiotics. It is projected that the demand for animal nutrition ingredients will be dominated by the mineral group by volume in 2018. Minerals are important for the conservation and enhancement of animal health. They increase livestock feed intake, help increase demand, and improve milk composition. Mineral requirements in livestock depend on various factors such as livestock age, manufacturing level, and mineral forage quality. It is therefore important to have a proper understanding of the need for minerals to feed the livestock with the right amount of minerals. Based on the livestock, the Animal Nutrition Ingredients is segmented into ruminants, poultry, swine, aquatic animal, and others. Based on form the market is divided into dry, and liquid. Based on the source, the Animal Nutrition Ingredients market is segmented into synthetic, and natural. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as the US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil.
It is expected that increased demand and consumption of livestock-based products such as milk & dairy-based products, meat, and eggs would drive the use of nutrition ingredients in feed to grow and develop farm animals. Poultry meat is the primary driver of overall meat production growth due to its high demand, low cost of production, and lower prices of food in both developed and developing countries. In addition, there is a growing trend towards animal-sourced protein in the form of either meat, eggs, or milk due to the increasing awareness of the impact and dynamics of food nutrients, particularly protein, on overall physical and mental growth and development. This drives nutrition ingredients to be used in feed as it improves their nutritional quality. In many nations, restrictions on the use of antibiotics as a growth driver for nutrition ingredients forced companies to avoid using antibiotics in nutrition ingredients. This serves as a big restriction to producers who deliver nutrition ingredients dependent on antibiotics.
Report Attributes | Report Details |
---|---|
Report Name | Animal Nutrition Ingredients Market Research Report |
Market Size in 2018 | USD 20,432.89 Million |
Market Forecast in 2025 | USD 31,540.83 Million |
Growth Rate | CAGR of 6.47%. |
Number of Pages | 130 |
Key Companies Covered | Addcon Group, Adisseo France SAS, Ajinomoto Co., Inc., Aliphos Belgium S.A., Alltech, Inc., Archer Daniels Midland Company, BASF SE, Biomin, Biotech JSC, Cargill, Inc., Danisco Animal Nutrition, Evonik Industries AG, Kemin Industries Inc., Koninklijke DSM N.V., Nutreco N.V., and Phibro Animal Health Corporation amongst others. |
Segments Covered | By Type, By Livestock,BY Form, BY Source, BY End-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2018 |
Historical Year | 2018 to 2025 |
Forecast Year | 2019 - 2025 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key players within the global Animal Nutrition Ingredients market include:
The report segments the Animal Nutrition Ingredients market as follows:
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