- Vitamins and minerals
- Amino acids
Feed additives are the ingredients added in the production of animal feed to enhance the animal nutrition and improve the nutrition properties of animal fodder. These include grains, added vitamins, fats/oils, minerals, and other nutritional & energy sources. Feed additives are available in liquids, powders, and pellets and these are help to prevent the nutritional and vitamin deficiencies in animals. Feed additives are either chemical or neutral additives. In January 2016, BioResource International, Inc. received regulatory approval of its proprietary xylanase feed additive,Â Xylamax for use in Brazil and Peru. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. This market research report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.
Fastest Growing Market
Increase in demand for the livestock meat coupled with the rise in concerns related to health and consumption of the animal protein among the population of Latin American countries are drive the Latin America feed additives market. Moreover, grow in R&D expenditure for the development of newer products, Increase in the export opportunities of the meat in countries such as Brazil and Argentina, and increase in the adoption of animal feed products are surge the Latin America feed additives market over the forecast years. However, stringent regulations for product approval, lack of awareness about livestock diseases in underdeveloped countries, high cost of feed and environmental factors leads to feed deterioration are impede the growth of Latin America feed additives market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.