Asia Pacific Animal Feed Additives Market by Livestock, Product, Regional Outlook, Competitive Market Share & Forecast by 2024
Category: #reports  By Madhuri Pawar  Date: 2019-02-20
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Asia Pacific Animal Feed Additives Market by Livestock, Product, Regional Outlook, Competitive Market Share & Forecast by 2024

Asia Pacific Animal Feed Additives Market analysis based on Livestock, Product, Industry Analysis Report, Country Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024, Estimated to reach USD 9.5 billion by 2024, by Graphical Research.

Increasing government subsidies to promote meat exports and rising industrialization of the livestock sector has led to accelerated meat production which may boost Asia Pacific animal feed additives market demand. These products improve livestock health by reducing the possibility of infections, provide adequate vitamins & proteins, promote weight gain and meat production. Moreover, increasing number of local feed manufacturers along with rising adoption of intensive farming techniques may further boost animal feed additives market growth.

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China vitamin animal feed additives market demand is poised to surpass USD 570 million. Increasing number of vitamins B1, B8, B11, B3, C, and D3 manufacturers, rising per-capita consumption of animal products, and declining feed prices for competitive requirements is likely to drive the overall industry growth. The steady development of the Chinese feed industry has led to rapid improvements in machinery such as automatic palletizing and bar-code recognition. A low-vitamin feed may lead to metabolic disorders causing growth retardation, depressed performance, infections and low fertility.

Vietnam enzyme animal feed additives market may register gains close to 4.5% over the forecast timeframe owing to shifting preferences from pork to poultry & fish consumption, booming processed foods industry, and rising prevalence of microbial diseases. These products promote cell growth, repair, & maintenance, muscle development, produce energy from starch and thus improve animal digestion.

Asia Pacific animal feed additives market share is substantially competitive and distributed among several major manufacturers such as Alltech, ADM, BASF SE, DSM, Evonik Industries and Cargill. Manufacturers have a strong focus on increasing their production capacity to meet rising demand and conducting awareness programs among livestock farmers to simultaneously generate new demand.

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https://www.graphicalresearch.com/industry-insights/1049/asia-pacific-animal-feed-additives-market

Segments We Cover:

Animal Feed Additives Market Forecast, By Livestock

  • Poultry
  • Cattle
  • Swine/Pork
  • Pet
  • Aquaculture
  • Others

Animal Feed Additives Market Analysis, By Product

  • Antioxidants
  • Pigments
  • Enzymes
  • Flavors
  • Synthetic
  • Sweeteners
  • Probiotics
  • Vitamins
  • Amino Acids

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The above information is provided for the following Country’s:

  • China
  • India
  • Vietnam
  • Thailand
  • Indonesia
  • Pakistan
  • Uzbekistan

Related Reports:

  1. Asia Pacific Aquafeed Market Size By End-Use (Crustaceans, Mollusks, Carp, Salmon, Catfish, Tilapia), Aquaculture Additives Market Size By Product (Amino Acids, Antibiotics, Vitamins, Feed Acidifiers), Industry Analysis Report, Country Outlook (China, Japan, India, Vietnam, Indonesia, Malaysia, Thailand), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024.
    https://www.graphicalresearch.com/industry-insights/1050/asia-pacific-aquafeed-market
     
  2. Asia Pacific Edible Insects Market Size By Product (Beetles, Caterpillars, Grasshoppers, Bees, Wasps, Ants, Scale Insects & True Bugs), By Application (Flour, Protein Bars, Snacks), Industry Analysis Report, Regional Outlook (China, Thailand, Vietnam), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024
    https://www.graphicalresearch.com/industry-insights/1044/asia-pacific-edible-insects-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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