Animal Feed Additives Market – Industry Analysis and Forecast (2020-2027)
Maximize Market Research's latest report, " Global Animal Feed Additives Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Animal Feed Additives Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 7.86% during a forecast period.
Global Animal Feed Additives Market Overview
In terms of region, the Asia Pacific is estimated to hold the largest share in the global animal feed additives market during the forecast period due to growing consumption of animal products in this region. The increasing influence of western lifestyle among the population and rapid urbanization is also expected to surge the global animal feed additives market growth during the forecast period. Moreover, the rise in population coupled with the disposable income of middle-class consumers in this region, which is driving the global animal feed additives market growth in a positive way. India and China are projected to propel the global animal feed additives market growth in the forecast period.
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Global Animal Feed Additives Market Major Market Players
• BASF SE
• Alltech Inc
• Cargill, Inc.
• Novozymes A/S
• Evonik Industries AG
• Charoen Pokphand Foods Public Company Limited
• Nutreco N.V.
• Addcon Group
• Archer Daniels Midland Company
• Adisseo France SAS
• Kemin Industries
• Chr. Hansen Holding A/S
• Biomin
• Aliphos Belgium S.A
• Koninklijke DSM N.V
• Phibro Animal Health Corporation
• Biotech JSC
• Danisco Animal Nutrition, Biomin,
• Ajinomoto Co., Inc.
• Adisseo France SAS.
• Kemin Industries, Inc.
• DSM
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Animal Feed Additives Market by Types and Applications:
Global Animal Feed Additives Market, by Livestock
• Swine
• Ruminants
• Poultry
• Aquatic Animals
• Others
Global Animal Feed Additives Market, by Product Type
• Amino Acids
• Antioxidants
• Feed Enzymes
• Feed Acidifiers
• Vitamins
• Minerals
• Binders
• Antibiotics
• Others
Global Animal Feed Additives Market, by Form
• Dry
• Liquid
• Others
Global Animal Feed Additives Market, by Function
• Single Function
• Multifunction
Global Animal Feed Additives Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
The report has covered the market size by country (regions) for the global Animal Feed Additives market. Segment by Application. The Animal Feed Additives Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Animal Feed Additives Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Animal Feed Additives Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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