Feed Additives Market

1. Feed Additives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global feed additives market is anticipated to expand at a CAGR of 5.5% during the forecast period, 2021 – 2028. The growth of the market is attributed to the increasing livestock population in the emerging countries and rising demand for high quality feed additives and compound feed across the globe. A feed additive is an inclusion of extra nutrient or drug that is feed to livestock. Additives include vitamins, aminoacids, fatty acids, minerals, pharmaceuticals, fungal products, and steroidal compounds. The additives positively impacts feed hygiene and digestibility of animals. Feed additives include feeding attractants, immunostimulants, prebiotics, probiotics, acidifiers, and essential oils. Feed attractants enhance the ingestion of feeds. Feed additives are non-nutritive substances and micro-organisms that are added to feed to improve growth performance, feed intake and the efficiency of feed utilization for healthy, economic, and eco-friendly livestock production. Request Sample link :- https://growthmarketreports.com/request-sample/1022 Market Trends, Drivers, Restraints, and Opportunities   Increasing demand for livestock-based products is expected to drive the market growth. Standardization of meat products owing to disease outbreak is anticipated to boost market growth during forecasted period. Rising global demand for naturally produced feed and feed additives can positively impact the growth of the market. Growing number of feed mills and feed production facilities is excepted to propel the feed additives market growth. Rising cost of raw material can hinder the market growth.   

2. Market Segment Insights: Amino acid segment to account a major market share Based on additives types, the market is divided into antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders acidifiers, and minerals. The antibiotics segment is segmented into tetracyclines, penicillins, and others. The vitamins segment is further seg regated into A, B, C, E, and others. The antioxidants segment is divided into BHA, BHT, ethoxyquin, and others. The amino acids segment is sub-segmented into tryptophan, lysine, methionine, threonine, and others. Enquiry Link :- https://growthmarketreports.com/enquiry-before-buying/1022 Competitive Landscape Key players operating in the global feed additivesmarket includes DSM Nutritional Products AG, Evonik Industries, Novus International, Bluestar Adisseo Co. Ltd, Nutreco NV, BASF SE, Sumitomo Chemical, and Cargill Inc. Expansions, agreements, partnerships, joint ventures, and new product launches are expected to create lucrative opportunities for industry players during forecast period. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter