Animal Feed Additives Market Size, Industry Analysis, 2021

Feed Vitamins are essential in animal nutrition to increase the quality of feed. They are necessary for enhancing both the production quality and quantity in farms. At the same time, when the requirement for meat and poultry products is inclining at a robust pace, the need for security and reasonable feed additives are also emerging and the market is likely to ease with the surge in demand.

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The steadily developing middle class subsidised with substantial expendable income is also influencing the farm holders to incline the production quality without compromising on the quantity. All-pervasive pet humanisation trend and shift towards lean protein in daily diet are acting as the other factors driving in the Animal Feed market. Moreover various outbreak of livestock diseases counting foot & mouth diseases and swine flu in the past decade have ascended the concerns over meat quality and security, leading to prompting higher feed vitamins usage.

By Vitamin Type:
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin D
• Vitamin E
• Vitamin K

By Livestock Type:
• Swine
• Ruminants
• Poultry
• Aquatic animals
• Others

By Formulation:
• Liquid
• Dry
• Others (Powder, Pellet)

By Function:
• Single Functioned
• Multi Functioned

By Country:
• China
• Japan
• India
• South Korea
• Australia

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This market is dominated by the companies like S.A.S, CSPC Pharmaceutical Group Ltd., Aland BASF SE, Pharmative LLC, Zhejiand Medicine company Ltd., North China pharmaceutical corporation, Evonik industries , Archer Daniels Midland company and DSM N.V.

The Feed Vitamin market study offers the following deliverables:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

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