Global Animal Feed Additives Market to Exhibit 4.3% Cagr During 2015-2021 Due to Growing Demand for Quality Meat and Dairy Products

Transparency Market

Research

Animal Feed Additives Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 – 2021

Published Date

19-11-2015

91 Page Report

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Global Animal Feed Additives Market to Exhibit 4.3% CAGR during

2015-2021 due to Growing Demand for Quality Meat and Dairy

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Animal Feed Additives Market

REPORT DESCRIPTION

According to a recent market research report published by Transparency Market Research, the global

animal feed additives market is estimated to expand at a CAGR of 4.3% between 2015 and 2021. The

report, titled “Animal Feed Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2015 - 2021,” projects the global animal feed additives market to reach a valuation of US$5.9 bn

by 2021. The overall market was valued at US$4.4 bn in 2014.

Feed additives refer to food supplements given to farm animals, as regular food is not sufficient to meet

the nutritional requirements for the proper growth of these animals. Feed additives contain nutrients such

as amino acids, vitamins, fatty acids, and minerals. The growing demand for quality meat and dairy

products worldwide has propelled the growth of the global animal feed additives market. Feed additives

are usually administered orally.

The feed additives for ruminants are usually coated so that they do not get degraded by the action of

micro-organisms present in rumen. Various coating technologies such as nano coated vitamins and

minerals, butyric acid, sweetener, 1-monoglycerides, and acidifier concepts are implemented to coat the

feed additives.

In terms of product type, the report segments the global animal feed additives market into probiotics and

prebiotics, vitamins,...