Global Compound Feed Market and Feed Additives Market to Reach US$380.5 bn & US$18.3 bn, respectively by 2017

Global Compound Feed Market and Feed Additives Market to Reach US$380.5 bn & US$18.3 bn, respectively by 2017

  • Submitted By: amyjames
  • Date Submitted: 06/28/2016 3:33 AM
  • Category: Business
  • Words: 1836
  • Page: 8

Transparency Market
Research

Compound Feed Market & Feed Additives Market - Global
Industry Size, Share, Segment and Geographic Analysis
and Forecasts, 2007-2017

Published Date
31-01-2012

155 Page Report

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Press Release
Global Compound Feed Market and Feed Additives Market to Reach
US$380.5 bn and US$18.3 bn, respectively by 2017, Increasing Demand
for Meat Drives Growth

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Compound Feed Market & Feed
Additives Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has recently published a research report on the global markets for
compound feed and feed additives. The report is titled “Compound Feed Market & Feed Additives Market Global Industry Size, Share, Segment and Geographic Analysis and Forecasts, 2007-2017.”According to the
report, the global compound feed market is expected to rise at a CAGR of 3.72% between 2012 and 2017
and the global feed additives market is likely to report a CAGR of 3.86% during the same period. Analysts
project the compound feed market and the feed additives market to reach US$380.5 bn and US$18.3 bn,
respectively, by 2017.
Compound feed refers to food items produced especially for animals, such as fodder. Feed additives, on
the other hand, are food supplements that are mixed in the compound feed to enhance the health and the
productivity of animals. These products are important elements in livestock rearing, holding approximately
a share of 70% in the total production cost incurred on livestock farming. The utilization of compound feed
and feed additives has a significant impact on the production costs as their effective usage improve the
quality and quantity of milk, meat, and eggs, ensuring considerable returns.
The demand for compound feed and feed additives has increased...

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