Hyderabad, India -- (SBWire) -- 03/21/2018 --A feed ingredient is a single element or a combination of various elements added to the animal food. The ingredients are chosen for their nutritional worth, non-toxic effects and also based on their price. The first nutrients that are essential for animals and can undoubtedly be included in the feed are proteins, vitamins, minerals, alongside the sources of starch and fiber content.
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This growth is basically fueled by increasing meat consumption and rising considerations over meat quality and safety, which, in turn, is creating feed ingredients a better alternative for livestock.
Increasing food safety considerations particularly relating to the quality of meat and animal merchandise is another major issue driving the expansion of feed ingredients markets. Increasing demand for organic process feed for animals, rising range of animal infections, thriving trend of nurturing companion animals and necessities of farmers to extend the production as well as the rate of production of meat are expected to propel the market.
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Growth is predicted to be driven by a mixture of augmented awareness of the nutritional advantages related to these ingredients and further research into overcoming market challenges. The animal feed trade continues to face the challenge of feeding additional animals with restricted resources; thus, the continuing quest to enhance efficiency. Developing regions are expected to drive growth, with a dominating poultry sector.
Asia-Pacific region's developing economies are witnessing a rise in per capita income and health consciousness, leading to a shift of dietary preferences towards protein wealthy diets. Ever-changing diet patterns and population growth have also inflated the demand for meat in Europe, which drives the local Feed Ingredients Market.
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The top companies in the current industry include BASF, Adisseo, Bunge, Cargill, Ingredion Incorporated, DSM, Novus International Inc, Alltech, Archer Daniels Midland Company and Yara.
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