Animal Feeds Additives Market Size, Share, Development by 2025 - QY Research, Inc.
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City of Industry, CA -- (SBWire) -- 09/20/2018 --This study focuses on the production side and consumption side of Animal Feeds Additives, presents the global Animal Feeds Additives market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Animal Feeds Additives 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 Feeds Additives by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
In global market, the production of feed additives increases from 16.1 million MT in 2011 to 19.7 million MT in 2015. In 2015, global feed production has exceeded 995 million tons. China is the world's largest feed market. In 2015, the global feed additives market is led by China, capturing about 41% of global feed additives production. Europe is the second-largest region-wise market with 20% global production share. At present, the major leader manufacturers of feed additives are concentrated in USA and Europe .Evonik is the world leader, holding 2.66% production market share in 2015. But, Evonik hold 11.92% global revenue market. In addition, DuPont, DSM, Adisseo, BASF, ADM, Nutreco are also the main market leader.
In application, feed additives downstream is wide and recently feed additives has acquired increasing significance in various fields of poultry feeds, ruminant feeds, pig feeds and other feeds. Globally, the feed additives market is mainly driven by growing demand for poultry feeds which accounts for nearly 47% of total downstream consumption of feed additives in global.
The Animal Feeds Additives market was valued at 23300 Million US$ in 2017 and is projected to reach 26700 Million US$ by 2025, at a CAGR of 2.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Animal Feeds Additives.
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This report includes the following manufacturers; we can also add the other companies as you want.
Evonik
DuPont
DSM
Adisseo
BASF
ADM
Nutreco
Novusint
Charoen Pokphand Group
Cargill
Sumitomo Chemical
Kemin Industries
Biomin
Alltech
Addcon
Bio Agri Mix
Market Segment by Product Type
Minerals
Amino Acids
Vitamins
Enzymes
Others
Market Segment by Application
Poultry Feeds
Ruminant Feeds
Pig Feeds
Aquaculture Feeds
Others
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