Transparency Market
Research
Animal Feed Additives Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 – 2021
Published Date
19-11-2015
91 Page Report
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Press Release
Global Animal Feed Additives Market to Exhibit 4.3% CAGR during
2015-2021 due to Growing Demand for Quality Meat and Dairy
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Animal Feed Additives Market
REPORT DESCRIPTION
According to a recent market research report published by Transparency Market Research, the global
animal feed additives market is estimated to expand at a CAGR of 4.3% between 2015 and 2021. The
report, titled “Animal Feed Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2021,” projects the global animal feed additives market to reach a valuation of US$5.9 bn
by 2021. The overall market was valued at US$4.4 bn in 2014.
Feed additives refer to food supplements given to farm animals, as regular food is not sufficient to meet
the nutritional requirements for the proper growth of these animals. Feed additives contain nutrients such
as amino acids, vitamins, fatty acids, and minerals. The growing demand for quality meat and dairy
products worldwide has propelled the growth of the global animal feed additives market. Feed additives
are usually administered orally.
The feed additives for ruminants are usually coated so that they do not get degraded by the action of
micro-organisms present in rumen. Various coating technologies such as nano coated vitamins and
minerals, butyric acid, sweetener, 1-monoglycerides, and acidifier concepts are implemented to coat the
feed additives.
In terms of product type, the report segments the global animal feed additives market into probiotics and
prebiotics, vitamins,...