Global Feed Additives Market 2017-2021




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About Feed Additives

Feed additives are added to animal feeds to improve their quality and boost animal growth. Animal feed accounts for approximately 65% of the overall production expenses undertaken by livestock producers. These additives improve muscle formation and promote good health in animals, thereby reducing investments by livestock producers. Feed additives are primarily used in swine and poultry feed. The global feed additives market is likely to grow at a moderate pace during the forecast period due to the steady demand by end-user industries such as livestock, poultry, aquaculture, and animal farming industries.

Technavios analysts forecast the global feed additives market to grow at a CAGR of 4.25% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global feed additives market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Technavio's report, Global Feed Additives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Archer Daniels Midland Company
Chr. Hansen Holding

Other prominent vendors
BioResource International
Evonik Industries

Market driver
Increasing importance of feeds
For a full, detailed list, view our report

Market challenge
Surge in livestock diseases
For a full, detailed list, view our report

Market trend
Rising demand for water-soluble organic feed additives
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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