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 on the Animal Nutrition Ingredients market we have included 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 on 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, others. Based on form the market is divided into dry, and liquid. Based on 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 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, restriction 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.
Key players within global Animal Nutrition Ingredients market include 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.
The report segments the Animal Nutrition Ingredients market as follows:
Global Animal Nutrition Ingredients Market: Type Segment Analysis
Global Animal Nutrition Ingredients Market: Livestock Segment Analysis
Global Animal Nutrition Ingredients Market: Form Segment Analysis
Global Animal Nutrition Ingredients Market: Source Segment Analysis
Global Animal Nutrition Ingredients Market: End-user Segment Analysis
Global Animal Nutrition Ingredients Market: Regional Segment Analysis