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Middle East and Africa Feed Additives Market

: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Middle East and Africa Feed Additives Market: By Product Type (Antibiotics, Antioxidants, Acidifiers, Vitamins and minerals, Enzymes, Amino acids, Binders), By Species (Poultry, Swine, Aquatic, Ruminants, Others), By Formulation Type (Liquids, Solids, Others), and Country

 

Middle East and Africa Feed Additives Market

 

Market Outline: Middle East and Africa Feed Additives Market

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.

 

Market Dynamics: Middle East and Africa Feed Additives Market

Increase in demand for the livestock meat coupled with the rise in health concerns among the population drive the Middle East and Africa feed additives market. Moreover, entry of market players into Middle East and Africa region with the launch of newer products, surge in economic growth rate in GCC countries, and rise in livestock farming are surge the Middle East and Africa feed additives market over the forecast years. However, lack of awareness about livestock diseases and feed additives in underdeveloped countries, high cost of feed and environmental factors leads to feed deterioration are deters the growth of Middle East and Africa feed additives market.

 

Market Scope: Middle East and Africa Feed Additives Market

Middle East and Africa feed additives market is segmented based on product type, livestock type, formulation, and end user

Based on the product type, Middle East and Africa feed additives market segmented as follows

  • Antibiotics
  • Antioxidants
  • Acidifiers
  • Vitamins and minerals
  • Enzymes
  • Amino acids
  • Binders

Based on species, Middle East and Africa feed additives market segmented as follows

  • Poultry
  • Swine
  • Aquatic
  • Ruminants
  • Others

Based on formulation type, Middle East and Africa feed additives market segmented as follows:

  • Liquids
  • Solids
  • Others

Based on Country, Middle East and Africa feed additives market segmented as follows:

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of Middle East and Africa

Regional Analysis: Middle East and Africa Feed Additives Market

Geographically, Middle East and Africa feed additives market is segmented into Gulf Cooperation Council (GCC) countries, Israel, South Africa, and Rest of Middle East and Africa. Gulf Cooperation Council (GCC) countries feed additives market is poised to grow due to increase in the consumption of livestock products in Saudi Arabia, UAE, and other GCC countries, increase in the livestock farming, and adoption of newer products are bolster the market. South Africa feed additives market has prominent share attributed to lifestyle changes, increase in health conscious among the population, and increase in consumption of animal proteins are fuel the market. Israel feed additives market has a lucrative growth over the forecast period attributed to grow in disposable income, launching of newer products by market players, and grow in consumption of meat due to rise in population are upsurge the revenue of market.

 

Competition Assessment: Middle East and Africa Feed Additives Market

Some of the players in the Middle East and Africa feed additives market include:

  • Nutreco N.V. (The Netherlands)
  • Koninklijke DSM N.V. (The Netherlands)
  • Evonik Industries AG (Germany)
  • Novozymes (Novo Holdings A/S) (Denmark)
  • BASF SE (Germany)
  • Kemin Industries (U.S)
  • Archer Daniels Midland Company (U.S)
  • Cargill Inc. (U.S)

 Notable Market Developments: Middle East and Africa Feed Additives Market

  • In May 2015, Cargill, Inc. acquired majority stake in Ekol Gida a leading company operating in premix and feed additives markets in Turkey to expand its business in Africa