Report Code: A12104 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Growing demand for safe and nutritious animal feed, restrictions on the use of antibiotics, and increased producer awareness of animal health are all propelling the animal nutrition market forward. In order to give improved nutrition to animals, global demand for animal-derived foods such as eggs, fish, milk, and meat is also expanding. Animal nutrients, which include macronutrients, vitamins, dietary minerals, enzymes, eubiotics, and amino acids, are critical for efficient meat and milk production, reproduction, and bone formation.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
Economic development of the nations
It has put pressure on the livestock sector to produce more efficiently with limited resources while also supporting almost 1.3 billion people's income and food security. As a result, the animal farming sector, which accounts for approximately 40% of worldwide agricultural production value, is capitalizing on food security concerns. The mandatory affluence of the worldwide livestock sector, and primarily for the widespread production of protein-enriched commodities such as meat, eggs, and milk to feed the majority of the non-vegetarian population globally, animal nutrition is becoming increasingly important. Animal nutrition has a wide range of applications in household, veterinarians, zoos, and animal shelters, in addition to animal husbandry.
Antibiotics are prohibited in a number of countries.
Feed makers around the world are facing a huge challenge: rising raw material prices. Natural sources of feed acids, antioxidants, and vitamins include seeds, tree barks, and plant leaves. The feed additives market is being held back by the increased expense of extraction from these sources as well as tight restrictions for waste biomaterials and wastewater treatment. Feed availability has become a major concern for the industry. The business under great strain in getting basic feed like as corn, wheat, and barley as the world's population grows and demand for food rises.
Feed and livestock chain sustainability
The worldwide feed business is concentrating on increasing feed conversion rates for all major livestock and farmed fish species in order to improve feed efficiency. The feed and livestock sectors can achieve long-term viability by establishing a standardized environmental footprint approach based on life cycle analysis that involves the whole supply chain. The creation of standard metrics can also aid in the calculation of a wider range of resource efficiency indicators. Through resource-efficient feed production, efficient use of feed ingredients can help to reduce the environmental effect of livestock farming.
Key Benefits of the Report
Questions answered in the Report
Animal Nutrition Market Report Highlights
Aspects | Details |
---|---|
By Product Type |
|
By Species |
|
By Application |
|
By Region |
|
Key Market Players | BASF SE, Dow Chemical Company, Royal DSM N.V., Nutreco N.V, Tata Chemicals, Cargill Inc., Alltech, Novozymes A/S, Archer-Daniels-Midland Company, Kemin Industries, Inc., Evonik Industries AG, DuPont, Adisseo France SAS |
Loading Table Of Content...
Start reading.
This Report and over 71,339+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time for readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save the time of readers