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Specialty Feed Additives Market

: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Global Specialty Feed Additives Market By Product Type (Binders, Minerals, Vitamins, Flavours and Sweeteners, Antioxidants, Acidifiers, enzymes, carbohydrates, Others), By Form (Powders, Liquid, Pellets), By Animal Type (Poultry, Aquatic, Canine, Equine, Swine, Ovine, Bovine) and Geography

 

 Specialty Feed Additives Market Dynamics

Specialty feed additives are feed supplements intended for farm animals. Specialty feed additives will enhance the taste and palatability of animal feed which in turn leads to the proper intake of feed by livestock and improves the health and wellbeing of animals. Rise in consumption of meat, rise in consumption of poultry and dairy products, growing concern on the outbreak of the animal diseases, surge in demand for quality of animal feed is anticipated to drive the growth of specialty feed additives market. Furthermore, growing domestic and international quick service restaurants in developing countries and demand for quality meat products by consumers, growing appetite for high-protein diets have positively influenced livestock production are expected to propel demand for specialty feed additives market. However lack of awareness, high prices of raw materials and cost of the products may hinder the specialty feed additives market.

 

Specialty Feed Additives Market Scope

Specialty Feed Additives market is segmented on the basis of type, form, animal type and geographical regions

 

Based on the type,  Global Market is segmented into the following

  • Binders
  • Minerals
  • Vitamins
  • Flavours and Sweeteners
  • Antioxidants
  • Acidifiers
  • Enzymes
  • Carbohydrates
  • Others

 

Based on the form,   Global Market is segmented into the following

  • Powders
  • Liquids
  • Pellets

 

Based on Animal, Global Market is segmented into the following

  • Poultry
  • Aquatic
  • Canine
  • Equine
  • Swine
  • Ovine
  • Bovine

 

Regional Analysis:  Specialty Feed Additives Market

Specialty Feed Additives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa regions. Asia pacific dominates the global with high growth potential owing to demographical changes like increase in urbanisation, rise in income, changes in lifestyles, increased convenience food consumption, consumption of meat and aquatic products, improved technological advancements in meat processing industries and increase in livestock accelerated growth in emerging countries of Asia pacific. Europe is expected to offer healthy growth opportunities due to high meat consumption, demand for quality of meat.

 

Competition Assessment

  • Archer Daniels Midland Co. (US),
  • Alltech Inc. (U.S.)
  • Evonik Industries (Germany)
  • Nutreco N.V. (Netherlands)
  • BASF SE (Germany)
  • Kemin Industries Inc (U. S.)
  • Novozymes A/S (Denmark)
  • Chr. Hansen Holdings A/S (Denmark)
  • Invivo NSA (France)
  • Lucta S.A. (Spain)
  • Biomin Holding GmbH (Austria)

 

Notable Market Developments

  • In December 2017, ADM Animal Nutrition  a division of Archer Daniels Midland Co. (US), introduced Anco AC, a specialty feed additive for swine, poultry and dairy producers in Canada.

 

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
  • Archer Daniels Midland Co. (US),
  • Alltech Inc. (U.S.)
  • Evonik Industries (Germany)
  • Nutreco N.V. (Netherlands)
  • BASF SE (Germany)
  • Kemin Industries Inc (U. S.)
  • Novozymes A/S (Denmark)
  • Chr. Hansen Holdings A/S (Denmark)
  • Invivo NSA (France)
  • Lucta S.A. (Spain)
  • Biomin Holding GmbH (Austria)

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