In this report, the Global Animal Feed Supplements market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Animal Feed Supplements market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
Animal Feed Supplements are enzyme supplements, phosphate, calcium and trace mineral mixtures that can be given to grazing animals during the dry or rainy season. These animal feed supplements can be mixed with fodder and have an extra shelf life.
Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.
At present, the major leader manufacturers of animal nutrition are concentrated in Asia Pacific and Europe. Evonik is the world leader, only holding 3.31% sales market share in 2018. But, Evonik hold 4.42% global revenue market share. In addition, Adisseo, Novus International, CJ Group, DSM, Meihua Group and Kemin Industries are also the main market leader.China was one of the largest regional market for feed additives, with revenue exceeding USD 10 billion in 2018. It is further expected still to grow due to downstream demand. In the past time, the global feed market has maintained a more stable growth rate. Africa, Europe, Latin America have maintained a rapid growth rate. The North American market is stagnant. In the foreseeable future, the growth of this industry mainly comes from the growth of these areas.In application, animal feed supplements downstream is wide and recently animal nutrition has acquired increasing significance in various fields of poultry feeds, ruminant feeds, pig feeds and other feeds. Globally, the animal nutrition market is mainly driven by growing demand for poultry feeds which held nearly 47% of total downstream consumption of animal nutrition.
The Animal Feed Supplements market was valued at 54160 Million US$ in 2018 and is projected to reach 64790 Million US$ by 2025, at a CAGR of 2.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Animal Feed Supplements.
This study focuses on the production side and consumption side of Animal Feed Supplements, presents the global Animal Feed Supplements market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.
In terms of production side, this report researches the Animal Feed Supplements capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Animal Feed Supplements by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
This report includes the following manufacturers; we can also add the other companies as you want.
Market Segment by Product Type
In 2018, Minerals accounted for a major share of 54% in the global Animal Feed Supplements market. And this product segment is poised to reach a volume of 22751.8 K MT by 2025 from 19324.2 K MT in 2018.
Market Segment by Application
In Animal Feed Supplements market, Poultry Feeds segment holds an important share in terms of application, and it is expected to reach a volume of 19905.7 (K MT) by 2025, at a CAGR of 2.54% during 2018 and 2025. It means that Animal Feed Supplements will be promising in the Poultry Feeds field in the next couple of years.
Key Regions split in this report:
Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Animal Feed Supplements status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Animal Feed Supplements manufacturers, capacity, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Animal Feed Supplements are as follows:
History Year: 2014-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Reasons to Buy This Research Report
- Complete access to Global Animal Feed Supplements market size, growth rate and forecast to 2025
- In-depth quantitative information on key regional Global Animal Feed Supplements markets including North America, Europe, MEA and Asia Pacific
- Global Animal Feed Supplements Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Animal Feed Supplements market segmentation
- Key trends, drivers and restraints for global Global Animal Feed Supplements market
- Challenges to market growth for Global Animal Feed Supplements manufacturers
- Key market opportunities of Global Animal Feed Supplements Industry
About Crystal Market Reports
Crystal Market Reports is a distributor of market research spanning 160 industries. Our extensive database consists of over 400,000 quality publications sourced from 400 plus publishers, this puts our research specialists in the unique position of been able to offer truly unbiased advice on what research provides the most valuable insights.