Poultry Feed Additives Market - Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029
Poultry Feed Additives: Market Outlook
The diet of poultry animals has a variety of additives that can be added in the poultry feed to increase its nutritional properties. The poultry feed additives are added in the diet to increase the efficiency of the bird’s growth and it also prevents the bird from any disease. The healthy meat and increased protein content are considered as the best quality of meat in many regions.
The poultry farmers are using various feed additives to produces healthy meat for the consumers. the demand for the proteins as feed additives is witnessing the substantial growth in the leading poultry farming countries, as the demand for high protein content poultry meat is increasing across the globe. The consumer’s inclination towards the animal protein is forcing the poultry manufacturers to produce high-quality poultry meat with a high-efficiency rate. This is resulting in the increasing demand for the poultry feed additives which are essential for the optimum growth of the pouty animals as well as increasing their nutritional content for human consumption.
The manufacturers of the poultry feed additives are focusing on the protein supplements for the poultry animals. The poultry farmers are using substitutes for antibiotics as many of the countries have banned the use of antibiotics in poultry farming. Such strengthen regulation in the poultry feed additives market is restricting the market to reach up to its full potential.
Consumers Inclination Towards the Animal-based Proteins is driving the Poultry Feed Additives Market
The consumers around the globe are getting aware of the importance of consumption of nutritional food and the health benefits of the proteins and other nutrients. The demand for the proteins is increasing across the globe as regular protein intake helps the human body to reduce the fat and maintain the fat-muscle ratio in the human body. This has increased the consumption of animal proteins across the globe and ultimately it is positively impacting the poultry feed additives market globally.
In the regions like South Asia and East Asia are among the top poultry farming regions as the demand for the animal meet is also increasing from these two emerging regions. The young population is demanding the animal protein for their physical health and mental health development. These regions have the largest young population and thus they are experiencing the continuously increasing demand for the animal meat mainly the poultry meat. This is resulting in the high demand for the poultry feed additives for the efficient production of the poultry meat.
Global Poultry Feed Additives Market: Market Segmentation
Based on Form, the global poultry feed additives market has been segmented as,
Based on Type, the global poultry feed additives market has been segmented as,
Based on Application, the global poultry feed additives market has been segmented as,
Global Poultry Feed Additives Market: Market Participants
The market participant in the poultry feed additives market identified across the value chain include Cargill Incorporated, Archer Daniels Midland Company, BASF, Charoen Popkhand Foods, Altech, DSM, Novus, Chr. Hansen, and Evonik Industries among the other manufacturers of poultry feed manufacturers.
Opportunities for the Market Players in the Global Poultry Feed Additives Market
The increasing demand and increasing consumption of poultry meat across the globe have a considerable impact on the poultry feed additives market. The demand for high-quality poultry meat is increasing owing to its high protein content and other health benefits. This has ultimately increased the demand for high-quality poultry feed additives across the globe.
The poultry industry is experiencing stringent growth in the established markets such as the U.S and Russia. On the other hand, the emerging countries from regions like South Asia, East Asia, and Latin America have an increasing number of leading countries in poultry production. The demand for high-quality poultry meat for its high protein content is expected to boost the market for poultry feed additives in these regions. The countries like China, India, Brazil are among the top producers of the poultry owing to the increasing demand for animal protein from the consumers in these regions. The manufacturers of the poultry feed additives also have lucrative opportunities in these untapped markets as the poultry industry is witnessing the rapid developments in these regions.
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