Fermented Feed Ingredient Market Forecast
The growing demand for higher value and quality foods such as meat, eggs, and milk, as compared to food products such as cereals, has led to an increase in the livestock production. According to the United Nations Food and Agriculture Organization (FAO), the production of animal proteins is expected to grow 1.7% annually till 2050, while production of meat, aquaculture, and dairy are projected to rise by nearly 70%, 90%, and 55% respectively.
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