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Emerging Scope for Specialty Feed Additive Market

Know about different scopes and trends of Specialty Feed Additive Market. The global Specialty Feed Additive Market is progressing at a speedy rate and will grow exponentially in the coming years

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Emerging Scope for Specialty Feed Additive Market

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  1. FACT MR The global specialty feed additives market is projected to expand at a reasonable CAGR of more than 5% in the period forecast (2019-2027) and reach a market value of more than US$ 14.5 Bn, due mainly to a growing emphasis on the conservation of animal nutrition products in both developed and developing regions. Emerging Scope for Specialty Feed Additive Market With a growth rate of around 6% during the forecast period, the acidifiers sector is anticipated to become the most profitable. Acidifiers are being widely utilized in poultry farming to treat diseases caused by microbial invasions, such as ascites. They aid in the control of microbial growth, the reduction of feed buffer capacity, the inhibition of pathogenic bacteria, and the improvement of nutrient digestibility. Over the forecast period, the increasing awareness among farming personnel to protect farm animals from harmful bacteria and parasites through acidifiers will provide growth opportunities in the specialty feed additives market. However, higher raw material prices and cost of production compared to standard feed additives may thwart growth prospects.

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