North America, Asia-Pacific the two top consumers of animal feed additives in the world, accounting for more than 60% of consumption, according to new Research and Markets report

Nevin Barich

Nevin Barich

DUBLIN , October 29, 2013 (press release) – Research and Markets (http://www.researchandmarkets.com/research/54gm8w/global_animal) have announced the addition of the "Global Animal Feed Additives by Types, Livestock & Geography - Trends & Forecasts up to 2017" report to their offering.

Feed additives are pharmaceutical or nutritional substances which are not of natural origin and are added to prepare and store feeds. Feed additives are gaining importance due to various functions such as growth promotion, controlling infectious diseases, and enhancement of feed digestibility. The global feed additives market is growing at a steady pace and the market is expected to grow in the future due to the increasing demand for meat and meat products around the globe. Epidemics like bird flu, other diseases like foot-and mouth-disease, and environmental concerns have led to an increase in concern over animal health round the globe, due to which meat producers have increased their focus on feed quality and certification.

North America and Asia-Pacific are the top two consumers of feed additives in the world together accounting for more than 60% of the consumption. Asia-Pacific is estimated to be the fastest growing region in terms of revenue. Growth is particularly high in emerging countries such as China, India, and Brazil due to increasing income levels and rising per capita meat consumption. Poultry market has the largest market share for feed additives followed by pork. The driving factors of the global animal feed additives market are rise in global meat consumption, increasing awareness towards meat quality and safety, increasing mass production of meat, and recent livestock disease outbreaks.

The restraints of the market are raising raw material cost and regulatory structure. However, increasing cost of natural feed products is creating an opportunity for feed additives as a cheap alternative. Leading manufacturers are focused on expansion of the business across regions and setting up new plant for increasing production capacity as well as product line.
We have used various secondary sources such as encyclopaedias, directories, and databases to identify and collect information useful for this extensive commercial study of animal feed additives market. The primary sources - experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of animal feed additives.

To capitalize on the growth trend in the global animal feed additives market, several leading companies are rushing in to the development and manufacturing of animal feed additives. Growing demand for feed additives is forcing the global players to add feed additives to their product offerings. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: DSM (The Netherlands), Ajinomoto Co. Inc. (Japan), Evonik (Denmark), Lextron Inc. (U.S.), Archer Daniels Midland Company (U.S.), BASF SE (Germany), Cargill Inc. (U.S.), and Chr. Hansen A/S (Denmark).

Scope of the report

This animal feed additives market research report categorizes the global market on the basis of types, ancillary supplements, livestock, and geography; forecasting revenue and analyzing trends in each of the submarkets:

On the basis of types

- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Feed Enzymes
- Acidifiers

On the basis of ancillary supplements

- Animal feed prebiotics
- Animal feed probiotics

On the basis of livestock

- Pork
- Poultry
- Cattle
- Aquatic animals

On the basis of geography

- North America
- Europe
- Asia-Pacific
- ROW

Key Topics Covered:

1 Introduction
2 Executive Summary
3 Market Overview
4 Global Feed Additives Market, By Product Type
5 Global Feed Additives Market, By Livestock
6 Global Feed Additives Market, By Geography
7 Competitive Landscape
8 Company Profiles

Appendix

Companies Mentioned

- Addcon Group Gmbh
- Adisseo France S.A.S
- Alltech Inc
- Archer Daniels Midland Co.
- Basf Se
- Biomin Holding Gmbh
- Biovet Jsc
- Cargill Inc.
- Chareon Pokphand Foods
- Chr. Hansen Holding A/S
- Dsm N.V.
- Elanco Animal Health
- Evonik Industries Ag
- Invivo Nsa
- Kemin Industries Inc
- Lallemand Inc.
- Lesaffre Et Compagnie
- Novozymes As
- Novus International Inc.
- Nutreco N.V.

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