Compound Feed Market and Feed Additives Market to Grow at a 3.72% Cagr from 2013 to 2019

Transparency Market

Research

Compound Feed Market & Feed Additives Market - Global

Industry Size, Share, Segment and Geographic Analysis

and Forecasts, 2007-2017

Published Date

31-01-2012

155 Page Report

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Press Release

Global Compound Feed Market and Feed Additives Market to Reach

US$380.5 bn and US$18.3 bn, respectively by 2017, Increasing Demand

for Meat Drives Growth

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Compound Feed Market & Feed

Additives Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has recently published a research report on the global markets for

compound feed and feed additives. The report is titled “Compound Feed Market & Feed Additives Market Global Industry Size, Share, Segment and Geographic Analysis and Forecasts, 2007-2017.”According to the

report, the global compound feed market is expected to rise at a CAGR of 3.72% between 2012 and 2017

and the global feed additives market is likely to report a CAGR of 3.86% during the same period. Analysts

project the compound feed market and the feed additives market to reach US$380.5 bn and US$18.3 bn,

respectively, by 2017.

Compound feed refers to food items produced especially for animals, such as fodder. Feed additives, on

the other hand, are food supplements that are mixed in the compound feed to enhance the health and the

productivity of animals. These products are important elements in livestock rearing, holding approximately

a share of 70% in the total production cost incurred on livestock farming. The utilization of compound feed

and feed additives has a significant impact on the production costs as their effective usage improve the

quality and quantity of milk, meat, and eggs, ensuring considerable returns.

The demand for compound feed and feed additives has increased...