Global Feed Additives Market - BASF launches next generation of carotenoid formulations Lucantin® NXT that replacement ethoxyquin (EQ) as a stabilizer

BASF is a Nutrition & Health company provides a comprehensive product and service portfolio for the human, animal nutrition, pharmaceutical, and flavor & fragrance industries. BASF provides the pharmaceutical trade with a broad variety of excipients and chosen large-volume active pharmaceutical ingredients like isobutylphenyl propionic acid and polyunsaturated fatty acid fatty acids, manufacturing poultry and eggs are difficult. That Lucantin NXT merchandise deliver high homogeneity, outstanding stability, and long time period whereas maintaining fixings and broiler skin coloring effectualness.

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Market Segmentations

Market Data Forecast published a report namedFeed Additives Market. It is valued around USD 25.43 billion in 2018 and estimated to be growing at a CAGR of 4.5%, to reach 31.69 USD billion by 2023.

Report segmented as:

Type:

· Antibiotics

· Antioxidants

· Amino Acids

· Enzymes

· Vitamins

· Mycotoxin Detoxifiers

· Prebiotics

· Acidifiers

· Probiotics

· Feed Pigments

· Feed Binders

· Flavors and Sweeteners

· Feed Minerals.

Livestock:

· Poultry

· Cattle

· Swine

· Aquatic animals

Based on the type, Amino Acids, antibiotics, acidifiers, and vitamins are the major sectors accounting for almost 50% of the entire feed additives market. On bases of livestock, poultry segment leads the feed additives market.

Geographical Segmentation:

Based on the geography the market is analyzed under several regions namely, North America, Europe, and Asia-Pacific. Asia Pacific emerged as the leading market for animal feed additives and accounted for more than one-third of the total market revenue.

Key market players:

BASF SE
Cargill, Inc.
Alltech, Inc.,
Novozymes A/S
Chr. Hansen Holding A/S
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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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