Dublin, Feb. 22, 2019 (GLOBE NEWSWIRE) -- The "Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The feed additives market is projected to grow at a CAGR of 6.1% from 2018, to reach USD 44,281.3 million by 2023, in terms of value.
Feed additives are added to livestock feed as they improve the feed quality, prevent diseases, and improve feed utilization, thereby improving livestock performance and health. They also increase the yield and quality of food obtained from the livestock. Growth in the consumption of livestock-based products, growth in feed production, standardization of meat products owing to disease outbreaks, and implementation of innovative animal husbandry practices to improve meat quality have led to the increased consumption of feed additives.
The growth of this market is attributed to the growing focus on livestock and their welfare, which, in turn, is driven by the global increase in demand for meat and poultry products, rise in global feed production with improved technologies, and increasing standardization of meat products due to contamination from bacteria such as Salmonella, Campylobacter jejuni, Yersinia enterocolitica, Clostridium perfringens, and Staphylococcus aureus.
The growth of the market is restricted due to stringent regulations in regions such as Europe and price volatility of different feed additives. In this report, the feed additives market has been studied on the basis of type, livestock, form, source, and region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Feed Additives Market
4.2 Feed Additives Market: Major Regional Submarkets
4.3 Asia Pacific: Feed Additives Market, By Key Type & Country
4.4 Feed Additives Market, By Livestock & Region
4.5 Feed Additives Market, By Type & Region
4.6 Feed Additives Market, By Source
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Demand and Consumption of Livestock-Based Products
5.2.1.2 Growth in Feed Production
5.2.1.3 Rise in Awareness About Feed Quality
5.2.1.4 Standardization of Meat Products Owing to Disease Outbreaks
5.2.1.5 Implementation of Innovative Animal Husbandry Practices to Improve Meat Quality
5.2.2 Restraints
5.2.2.1 Ban on Antibiotics in Different Nations
5.2.2.2 Volatile Raw Material Prices for Natural Feed Additives
5.2.2.3 Stringent Regulatory Framework
5.2.3 Opportunities
5.2.3.1 Shifting Toward Natural Growth Promoters
5.2.3.2 Increase in Demand for Nutritional Supplements for Monogastric Animals
5.2.4 Challenges
5.2.4.1 Quality Control of Genetic Feed Additive Products Manufactured By Asian Companies
5.2.4.2 Sustainability of Feed and Livestock Chain
5.3 Value Chain: Feed Additives Market
5.4 Raw Material Analysis
5.4.1 Total Production of Feed Ingredients and their Usage in Feed
5.4.2 Price Analysis of Feed Raw Materials
6 Regulatory Framework
6.1 Regulations
6.1.1 Feed Additives Regulatory Approval From the European Union
6.1.2 Time Duration for A Feed Additive in the Register
6.1.3 Registration of Feed Additives
6.1.4 Packaging of Feed Additives
6.1.5 Labeling of Feed Additives
6.1.6 Manufacture and Sale of Feed Additives
6.1.7 Import of Feed Additives
6.1.8 Re-Evaluation of Feed Additives
6.2 Regulatory Framework, Country-Wise
6.2.1 Brazil
6.2.2 China
6.2.3 The European Union
6.2.4 Japan
6.2.5 South Africa
7 Feed Additives Market, By Type
7.1 Introduction
7.2 Amino Acids
7.3 Phosphates
7.4 Vitamins
7.5 Acidifiers
7.6 Carotenoids
7.7 Enzymes
7.8 Mycotoxin Detoxifiers
7.9 Flavors & Sweeteners
7.10 Antibiotics
7.11 Minerals
7.12 Antioxidants
7.13 Non-Protein Nitrogen
7.14 Preservatives
7.15 Phytogenics
7.16 Probiotics
8 Feed Additives Market, By Livestock
8.1 Introduction
8.2 Ruminants
8.3 Poultry
8.4 Swine
8.5 Aquatic Animal
8.6 Others
9 Feed Additives Market, By Form
9.1 Introduction
9.2 Dry
9.3 Liquid
10 Feed Additives Market, By Source
10.1 Introduction
10.2 Synthetic
10.3 Natural
11 Feed Additives Market, By Region
12 Competitive Landscape
12.1 Introduction
12.2 Competitive Leadership Mapping
12.2.1 Visionary Leaders
12.2.2 Dynamic Differentiators
12.2.3 Innovators
12.2.4 Emerging Companies
12.3 Competitive Leadership Mapping (Start-Up/Smse)
12.3.1 Progressive Companies
12.3.2 Starting Blocks
12.3.3 Responsive Companies
12.3.4 Dynamic Companies
12.4 Market Share Analysis
12.5 Competitive Scenario
12.5.1 Expansions & Investments
12.5.2 Acquisitions
12.5.3 New Product Launches
12.5.4 Agreements, Collaborations, Joint Ventures, and Partnerships
13 Company Profiles
13.1 Cargill
13.2 ADM
13.3 Dowdupont
13.4 Evonik
13.5 BASF
13.6 DSM
13.7 Solvay
13.8 Ajinomoto
13.9 Novozymes
13.10 Chr. Hansen
13.11 Invivo
13.12 Nutreco
13.13 Kemin
13.14 Adisseo
13.15 Alltech
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