Selbyville, DE -- (SBWire) -- 11/01/2018 --The Animal Nutrition market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.
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.
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China was one of the largest regional market for feed additives, with revenue exceeding USD 12.2 billion in 2017. 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 nutrition 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 46% of total downstream consumption of animal nutrition.
In the future, global market is expected to witness stable growth on account of rising applications, so in the next few years, animal nutrition production will show a trend of steady growth. In 2024, the production of animal nutrition is estimated to be 39.4 million MT. Demand for most downstream is greatly influenced by general economic conditions. As a result, demand for animal nutrition largely follows the patterns of the leading world economies.
The worldwide market for Animal Nutrition is expected to grow at a CAGR of roughly 5.2% over the next five years, will reach 72800 million US$ in 2023, from 53800 million US$ in 2017, according to a new GIR (Global Info Research) study.
Animal Nutrition Market Report – Quick Rundown:
Vendors discussed with company profiles, details on their offerings, contact information and more include: Evonik, Adisseo, Novus International, CJ Group, DSM, Meihua Group, Alltech, BASF, Kemin Industries, Sumitomo Chemical, Global Bio-Chem
Global Animal Nutrition Market Type Segments Covered:
- Minerals
- Amino Acids
- Vitamins
- Enzymes
- Others
World Animal Nutrition Market 2018 – 2023 Analysis of Segments by Applications include:
- Poultry Feeds
- Ruminant Feeds
- Pig Feeds
- Aquaculture Feeds
- Others
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With an objective to help understand the development plans and policies, manufacturing processes, cost structures of Animal Nutrition market, this report lists and profiles leading players with top level information on them. Wherever applicable, it also focuses on the details like supply chain, market statistics, product images, development plan outlook, consumption (where available), growth rates, contact details and much more.
Sub-segments of the Animal Nutrition market are expansively analyzed covering industry dynamics, help on a feasibility study, vendor strategies, growth prospects and market share of the industry. Growth projections for next few years form an important aspect of this 2018 Animal Nutrition report.
Apart from whatever is already offered in this Animal Nutrition market research, the report can be customized to meet your needs – be it additional company coverage or country coverage or anything specific that you need.
More Details on this Report At: https://www.marketstudyreport.com/reports/global-animal-nutrition-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023
Table OF Content:
3 Global Animal Nutrition Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Animal Nutrition Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Animal Nutrition Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Animal Nutrition Manufacturer Market Share in 201
3.3.2 Top 6 Animal Nutrition Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global Animal Nutrition Market Analysis by Regions
4.1 Global Animal Nutrition Sales, Revenue and Market Share by Regions
4.1.1 Global Animal Nutrition Sales and Market Share by Regions (2013-2018)
4.1.2 Global Animal Nutrition Revenue and Market Share by Regions (2013-2018)
4.2 North America Animal Nutrition Sales and Growth Rate (2013-2018)
4.3 Europe Animal Nutrition Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Animal Nutrition Sales and Growth Rate (2013-2018)
4.5 South America Animal Nutrition Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Animal Nutrition Sales and Growth Rate (2013-2018)
5 North America Animal Nutrition by Countries
5.1 North America Animal Nutrition Sales, Revenue and Market Share by Countries
5.1.1 North America Animal Nutrition Sales and Market Share by Countries (2013-2018)
5.1.2 North America Animal Nutrition Revenue and Market Share by Countries (2013-2018)
5.2 United States Animal Nutrition Sales and Growth Rate (2013-2018)
5.3 Canada Animal Nutrition Sales and Growth Rate (2013-2018)
5.4 Mexico Animal Nutrition Sales and Growth Rate (2013-2018)
6 Europe Animal Nutrition by Countries
6.1 Europe Animal Nutrition Sales, Revenue and Market Share by Countries
6.1.1 Europe Animal Nutrition Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Animal Nutrition Revenue and Market Share by Countries (2013-2018)
6.2 Germany Animal Nutrition Sales and Growth Rate (2013-2018)
6.3 UK Animal Nutrition Sales and Growth Rate (2013-2018)
6.4 France Animal Nutrition Sales and Growth Rate (2013-2018)
6.5 Russia Animal Nutrition Sales and Growth Rate (2013-2018)
6.6 Italy Animal Nutrition Sales and Growth Rate (2013-2018)
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Animal Nutrition Market Growth Analysis 2023 by Top Key Players - Evonik, Adisseo, Novus International, CJ Group, DSM, Meihua Group, Alltech, BASF, Kemin Industries, Sumi
Market Study Report adds 2018-2023 global Animal Nutrition market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.