According to this report, the global animal feed additives market is estimated to be valued at US$ 38 billion in the year 2028, growing at a CAGR of 5.4% in the period 2021 to 2028. Growth of the market is driven by factors such rising consumption of meat, growing demand for dairy products, rise in disease outbreak in livestock and growing awareness of animal well-being.
Animal feed additives industry is an imperative part of food chain as it affects various physiological processes of animals which in turn is monumental in maintaining proper animal nutrition. The industry makes a significant contribution to the economic and nutritional well- being of millions of people globally.
Global animal feed additives industry is increasingly witnessing growing demand for feed phytogenic, increasing demand for organic feed additives, mergers and acquisitions, integration across value chain and animal feed additives combinations.
Segments Covered
The report provides revenue forecasts for global, regional and country levels. It also provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. For the purpose of research, the publisher has segmented the global animal feed additives market on the basis of products, livestock and region:
Animal Feed Additives Products Outlook
Animal Feed Additives Livestock Outlook
Regional Outlook
Country Outlook
Vendors Outlook
Target Audience