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.
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. Global animal feed market is segmented based on their function as amino acids, antioxidants, enzymes, vitamins, minerals, acidifiers, antibiotics, binders and others. Based on livestock, global animal feed market is segmented as swine, cattle, poultry, aquatic animals and others.
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. 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.
Key industries in animal feed market include are BASF SE, Evonik Industries AG, Cargill Incorporated, Archer Daniels Midlands, DSM, Danisco , Novozymes, Nutreco, Chr. Holdings A/S, Charoen Pokphand, Alltech Incorporated and Invivo NSA.
Decision Databases is involved in providing research reports and company profiles in the global animal feed market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The animal feed market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our animal feed profiles.
CUSTOMIZATION OF REPORT:
1. INTRODUCTION TO THE ANIMAL FEED MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF ANIMAL FEED
4. ANIMAL FEED MARKET ANALYSIS BY FUNCTIONS
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