Global Compound Feed Market and Feed Additives Market to be Driven by Increasing Meat Consumption

Global Compound Feed Market and Feed Additives Market to be Driven by Increasing Meat Consumption

  • Submitted By: amyjames
  • Date Submitted: 08/31/2016 5:17 AM
  • Category: Business
  • Words: 1718
  • Page: 7

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

The compound feed industry has a vital role in the food chain, as it provides nutritious and sustainable
food to animals raised in captivity. Feed additives are primarily supplements used in compound feed to
enhance the total productivity and health of animals. In 2012, the global compound feed market and feed
additives market stood at US$15.1 billion and is estimated to touch US$18.3 billion by the end of 2017,
growing progressively at a 3.72% CAGR from 2013 to 2019.Rapidly increasing meat consumption, growing
population, and rising consumer awareness are some of the factors expected to boost demand for
compound feed in the coming years across the globe. Moreover, growth in GDP of economies and
technological advancements are proving to be great opportunities for the market players.On the flip side,
increase in ethanol production and quality control during manufacturing and processing are some of the
factors that are anticipated to hamper growth of the global compound feed market in the near future.
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Swine Feed Segment of Global Compound Feed Market to Record 3.92% CAGR from 2012 to
2017
On the basis of products, the global compound feed market is segmented into...

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