A number of organic and inorganic acids and nutrients used in animal feed plays an important role in the normal growth and health of animals. Organic as well as synthetic acids have been used in animal feed for a number of decades as they ensure food preservation and safety by reducing bacterial and mold growth. They also play an important role in improving nutrient digestibility leading to stable animal health and improved feed efficiency while nutrients are added to make the animal feed more wholesome and improve the nutritive value of the feed.
MARKET DYNAMICS
The demand for acids and nutrients in animal nutrition is on the rise as the right doses of acids, such as formic, lactic, acetic acid, citric acids, etc. have the capability to increase weight and reduce colonization of pathogens in the intestinal tracks. With the growing focus of animal farm owners on improving feed conversion rates and producing protein-rich meat, the consumption of acids and nutritions used in animal feeds is expected to rise. The rising demand for meat and dairy has prompted a high demand for quality animal feeds and necessitated the use of acids and nutrients in animal feeds. Acids and nutrients are growingly used in the animal feed industry to improve feed efficiency and consequently reduce waste nutrient outflow. This trend is likely to drive the acids and nutrients in the animal nutrition market in the forecast period. Increasing consumption of meat and dairy, availability of milk at lower prices, and proliferation of animal farms across the world has led to significant demands for quality acids and nutrients in animal feed.
MARKET SCOPE
The "Global Acids and Nutrients In Animal Nutrition Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acids and nutrients in animal nutrition market with detailed market segmentation by type, livestock, and geography. The global acids and nutrients in animal nutrition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acids and nutrients in animal nutrition market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global acids and nutrients in animal nutrition market is segmented on the basis of type and livestock. On the basis of type, the acids and nutrients in animal nutrition market is segmented into amino acids & proteins, minerals, vitamins, fibers & carbohydrates, organic acids, and others. The acids and nutrients in animal nutrition market on the basis of livestock is classified into ruminant feed, poultry feed, aquafeed, swine feed, equine feed, and other livestock.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global acids and nutrients in animal nutrition market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The acids and nutrients in animal nutrition market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the acids and nutrients in animal nutrition market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the acids and nutrients in animal nutrition market in these regions.
MARKET PLAYERS
The reports cover key developments in the acids and nutrients in animal nutrition market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the acids and nutrients in animal nutrition market are anticipated to lucrative growth opportunities in the future with the rising demand for acids and nutrients in animal nutrition in the global market. Below mentioned is the list of few companies engaged in the acids and nutrients in animal nutrition market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acids and nutrients in animal nutrition market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Adisseo France S.A.S
- Alltech
- Archer Daniels Midland Company
- BASF SE
- Cargill, Incorporated
- Charoen Pokphand Foods Pcl.
- Evonik Industries Ag
- Novus International, Inc.
- Nutreco N.V.
- Royal DSM N.V.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.