Animal Feed Additive Market deals with the production and distribution of animal feed additives of various types to the global feed additives market. Feed additives are the edible supplements for farms animals that are unable to get sufficient nutrition from their regular food.
If animals do not get proper nutrition and vitamins in their diet then they may not grow properly. Other than lack of essential nutrients in animal feeds there are some other factors such as digestion issues, health problems, hygiene, food preparation and presentation that affect the feed quality. These factors prevent the animals from getting proper nutrition. Thus, animal feed additives are added to their regular meals to ensure adequate amount of nutrition in their diet. But most the farmers are unable to get these feed additives due to high cost, hence farm animals still get wheat, maize or soybeans in their food.
Scope & Regional Forecast of the Animal Feed Additive Market:
The Animal Feed Additive Market can be divided on the basis of various parameters such type of feed product, livestock and geography. The Animal Feed Additive Market on the basis of type of animal feeds include Zoo Technical & Technological Feed Additives such as anti-oxidants, antibiotics, feed enzymes, feed acidifiers, feed texturants, feed prebiotics and probiotics, nutritional feed additives like vitamins, minerals, amino acids and urea , sensory feed additives like feed colorants. The animal feed suppliers deliver the feeds on the basis of type of food required in the animal feed market.
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Feed Additives are commonly used in animal feeds as well as for humans as the Animal Feed Additive Market is growing the awareness among the people is also growing. Farmers have started recognizing its important and thus the animal feeds production has also increased. But still it is an important aspect to analyze the negative and positive effect of feed additives on animals.
Segmentations & Key Players Involved in the Animal Feed Additive Market:
According to IndustryARC analysis, the Animal Feed Additive Market can be divided into various segmentations on the basis of –
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Some of the key players involved in the Animal Feed Additive Market according to IndustryARC are as follows:
- Cargill Inc..
- Chr. Hansen A/S
- Evonik Industries Ag.
- KEMIN Industries Inc..
- NOVOZYMES A/S.