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The global market for egg substitutes is poised for substantial growth. According to industry reports, the market size was valued at approximately USD 1.2 billion in 2023, with projections indicating it could reach over USD 2.5 billion by 2030.
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ANIMAL FEED ADDITIVES MARKET By-Market Research Papers
Content 1.MARKET INTRODUCTION 2.RESEARCH METHODOLOGY 3.MARKET OVERVIEW 4.TYPES OVERVIEW 5.APPLICATION OVERVIEW 6.COMPANY PROFILE 7.MARKET OVERVIEW & FORECAST
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Market Overview Global animal feed additives market was valued at $ 22.5 billion in 2022 and is likely to reach $ 41.1 billion by 2032, registering a CAGR of 5.9% over the forecast period of 2023-2032. Animal feed additives are substances added to animal feed to enhance its nutritional value, improve feed efficiency, promote animal health, and optimize performance. These additives can include vitamins, minerals, amino acids, enzymes, antioxidants, probiotics, prebiotics, and other specialized ingredients. They serve various purposes such as boosting growth, enhancing immune function, aiding digestion, preventing diseases, and compensating for nutrient deficiencies in feed ingredients.
$ 22.5 BILLION $41.1BILLION Market Value $22.5Billion • Market Size in 2022 $41.1Billion • Market Size in 2032
Top Companie · SHV Holdings N.V. · Evonik Industries AG · Archer-Daniels-Midland Company · PHIBRO ANIMAL HEALTH CORPORATION · Koninklijke DSM N.V. · KEMIN INDUSTRIES INC · ADDCON GROUP GMBH · BASF SE · Cargill Incorporated · ALIPHOS BELGIUM SA
Segments Covered in the report By Additive Type By Form o Dry o Liquid o Others o Antioxidants o Feed enzymes o Feed acidifiers o Vitamins o Minerals o Binders o Antibiotics o Amino acids o Others
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