Monday 24 February 2014

Global Feed Additives Market worth $19.5 Billion by 2017

Ingredients that are amalgamated with basic feed mix to provide essential nutrition to animals and improve their overall growth are Feed additives.These additives help to improve the weight gain
rate , avert diseases in animals, avert vitamin deficiencies, and refine feed digestion and conversion. Most of the feed additives are used in micro quantities in the form of injectables, pellets, liquids, and powders.

Types Of  Nutritional Feed Additives-
  • Amino acids 
  • Minerals and Vitamins
 Types Of  Non-Nutritional Feed Additives-
  • Antibiotics 
  • Enzymes 
  • Acidifiers                                                                                          

(Source-Google Images)
Advantage-
Some feed additives have the potential to reduce the amount of ammonia found in the manure of the animals or in the barn air. Ammonia is a major pollutant; it contributes to an acidification of soils, as well as to respiratory problems in animals and in humans living close to farming operations.
By improving manure quality, litter moisture and barn climate, feed additives can contribute to animal well-being and reduce the occurrence of certain diseases.

Market Value-
The global market for animal feed additives in terms of revenue was estimated to be worth around $15,600.0 million in 2011 and is expected to reach $19,501.9 million by 2017, growing at the CAGR of 3.8% from 2012 to 2017. Asia-Pacific and North America are the two top consumers of feed additives in the world. Growth is particularly high in emerging countries such as China, India, and Brazil due to increasing income levels and rising per capita meat consumption. U.S. is the largest market in North America.
Feed Additives Market Share, By Geography, 2011
Animal Feed Additives Market
(Source: MarketsandMarkets Analysis)

For more information,please visit-http://www.marketsandmarkets.com/Market-Reports/feed-additives-market-870.htmlhttp://www.marketsandmarkets.com/Market-Reports/feed-additives-market-870.html


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