Animal Nutrition Market Expected to 72900 million US$ by the end of 2025

This report studies the Animal Nutrition market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.

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China was one of the largest regional market for feed additives, with revenue exceeding USD 12.2 billion in 2017. It is further expected still to grow due to downstream demand. In the past time, the global feed market has maintained a more stable growth rate. Africa, Europe, Latin America have maintained a rapid growth rate. The North American market is stagnant. In the foreseeable future, the growth of this industry mainly comes from the growth of these areas.

In application, animal nutrition downstream is wide and recently animal nutrition has acquired increasing significance in various fields of poultry feeds, ruminant feeds, pig feeds and other feeds. Globally, the animal nutrition market is mainly driven by growing demand for poultry feeds which held nearly 46% of total downstream consumption of animal nutrition.

In the future, global market is expected to witness stable growth on account of rising applications, so in the next few years, animal nutrition production will show a trend of steady growth. In 2024, the production of animal nutrition is estimated to be 39.4 million MT. Demand for most downstream is greatly influenced by general economic conditions. As a result, demand for animal nutrition largely follows the patterns of the leading world economies.

The global Animal Nutrition market was 53800 million US$ in 2017 and is expected to 72900 million US$ by the end of 2025, growing at a CAGR of 3.9% between 2018 and 2025.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Animal Nutrition in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    Evonik

    Adisseo

    Novus International

    CJ Group

    DSM

    Meihua Group

    Alltech

    BASF

    Kemin Industries

    Sumitomo Chemical

    Global Bio-Chem

    ADM

    Biomin

    Novozymes

    Lonza

    DuPont

    Nutreco

By the product type, the market is primarily split into

    Minerals

    Amino Acids

    Vitamins

    Enzymes

    Others

By the end users/application, this report covers the following segments

    Poultry Feeds

    Ruminant Feeds

    Pig Feeds

    Aquaculture Feeds

    Others

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