global cattle feed additive market size, demand, growth & opportunity analysis 2021
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Global Cattle Feed Additives Market Outlook :
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Cattle Feed Additives Market Outlook Cattle and feed additives are being used to enhance the quality of feed to augment yield and cattle’s health. Cattle and feed additives are mixed with necessary feed to provide boost and nutrition for overall growth of cattle’s which then helps in improving the mass and prevent the cattle’s from range of diseases. The global cattle and feed additives market is projected to USD 187,600 million by 2021 from USD 139,954 million in 2015, growing at compound annual growth rate (CAGR) of 7% from 2015 to 2021. Market Segmentation
By Product Type
On the basis of product type global cattle and feed
additives market is classified as follows:
Vitamins
Antibiotics
Feed Enzymes
Antioxidants
Feed Acidifier
Amino Acid
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By Animal Type
On the basis of animal type global cattle and feed additive
market is classified as follows:
Mature Ruminants
Young Ruminants
By Region
North America
Latin America
Western And Eastern Europe
Asia-Pacific
Row (Rest Of World)
Growth Drivers and challenges
Increasing meat consumption and demand for high
nutritional meat at low price are the major drivers for
global cattle’s and feed additive market.
In addition to that, threat of diseases in livestock and
awareness of quality feed are also a main driver for the
cattle’s and feed additive market.
Major challenge for global cattle’s and feed additive
market is difference in management and regulation in
different countries that affects the global meat market
unfavorably particularly in developed and developing
countries.
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Market Size and Forecast
Regionally, Asia-Pacific is fairly a large market at present
because of larger cattle population. Collectively North
America and Asia Pacific account for 60% of the global
cattle’s and feed additive market. India and China are the
two main regions in Asia-Pacific for the demand of cattle’s
and feed additive. It is anticipated that in upcoming years
the Asia Pacific have large cattle’s and feed additive
market share as compared to other region.
North America is critical market for consumption and
production of feed additives and the market is estimated to
grow at stable rate of 3.5% for the forecasted period 2016-
2021.
Europe cattle’s feed and feed additive market was valued
at USD 26.5 billion in 2015, showcasing a CAGR of 6% and
it is expected that it will reach to USD35.3 billion by 2021.
Key players
Cargill Incorporated
Evonik Industries AG
Archer Daniels Midlands
Adisseo France S.A.S
Nutreco N.V Kemin Industries
BASF SE
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BIOMIN Holding GmbH
DSM
Novus International
Elanco Animal Health
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America
Latin America
Western and Eastern Europe
Asia-Pacific
Rest of World
Segmentation
By Product Type
By Region
By Animal Type
Market Dynamics
Supply & Demand Risk
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Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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http://www.researchnester.com/reports/global-
cattle-feed-additives-market-analysis-
opportunity-outlook-2021/29
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