Animal Feed and Feed Additives Market: Major Competitors, Market Share, Benchmarking, Investments and Merger Acquisitions
The major driving forces behind the animal feed and feed additives market is the worldwide increase, in the consumption of
meat. Other driving factors that fuel the growth of the animal feed and feed
additives market is the increasing demand for low price meat, accompanied with
high nutritional value. The industrialization
of the livestock industry, increasing awareness about quality of food, and
threat of diseases in the livestock are some of the other drivers of the global
animal feed and feed additives market.
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The global animal feed and feed additives market
can be classified, on the basis of types, and livestock. Based on the types,
the market can be segmented, into antioxidants, vitamins, minerals,
antibiotics, amino acids, enzymes, acidifiers, binders, and others. Based on
livestock, the global market for animal feed and feed additives can be divided
into swine cattle, poultry, aquatic animals, and others.
Product cost and raw material concerns,
specifically upon specialty goods, such
as acidifiers, enzymes, and minerals, is expected to become a major challenge
for the animal feed and feed additives market participants, in the next few
years. Different kinds of regulatory structures, and unstable economies, and
increasing cost of operations, are the major restraining factors for the
market.
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Some of the major competitors in the global
animal feed and feed additives market are Elanco, Novozymes, Kemin Industries
Inc, Novus International, Cargill Inc. ,
ADDCON, BASF SE, Adisseo, Biomin GmbH., Koninklijke DSM N.V., Novus
International Inc., and Nutreco N.V.
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