Animal Feed Market Report Analysis and Forecasts 2014 to 2021
The Animal Feed Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend and Growth during the study period (2014–2021).
Animal feed are nutritional food given to domestic animals to increase their overall productivity and provide them a balanced diet. Animal feed are of different types such as plants, hay, husks, mixed animal feeds, alternative protein food and others, depending upon the livestock. Milk and dairy products are obtained from cattles, which help the dairy industry to grow globally. Swine and poultry provide meat, which is consumed worldwide. Aquatic animals and other livestock have specific applications depending on the demand of end users.
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Animal feed contain proteins, which are essential for animal growth. Enzymes provide quality animal feed. Minerals and vitamins are necessary elements in animal feed. Antibiotics in animal feed help domestic animals resistant to several diseases.
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Meat is the major driving factor for animal feed market on global level. Increasing consumption of meat has led the animal feed market grow at rapid pace. Dairy products and their worldwide demand is an imperative factor to the growth of animal feed market.
Major player assessed in the report is :
– BASF SE
– Evonik Industries AG
– Cargill Incorporated
– Archer Daniels Midlands
– Chr. Holdings A/S
– Charoen Pokphand
– Alltech Inc.
– Invivo NSA
Livestock like poultry are driving the animal feed market. Other major livestock like cattle has led to growth in animal husbandry and is expected to drive the animal feed market over the forecast period.
Asia Pacific is the leading market in global animal feed market. Regions such as Latin America and Europe also constitute the growth of global animal feed market. Factors holding up the animal feed market growth are the strict regulations in Europe and North America over animal health and quality.
SEGMENTATIONS IN REPORT :
1. Animal Feed By Function :
– Amino Acids
2. Animal Feed By Livestock :
– Aquatic Animals
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Feed phosphates are dietary supplements that contain inorganic minerals for animals. Feed phosphates are used to meet the phosphate requirements in dairy and poultry practices for animals. They are required for bone development, increase immunity and improve metabolism, fertility and proper growth of the animal.
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