Organic Feed Additive Market Share, Growth, Trends, And Forecast To 2024Posted by Prashanth on December 31st, 2019 Market Overview: Feed Additives are substances utilized to boost the quality of the animal nutrition as well as properties of the animal fodder to enhance gut health, palatability preservation, and others. Organic feed additives are the natural additives that serve as a better alternative to feeding additives as it offers extra nutrients such as minerals, vitamins, and others. They have gained status worldwide, as they further enhance the quality as well as quantity produced by the animals. The global organic feed additive market was valued USD xx billion in 2019 and expected to be growing at a CAGR of xx%, to reach USD xx billion by 2024 Market drivers and restraints: The world organic feed additives market is developing owing to rising meat consumption. With the growing customer awareness and their rising interest in a healthy lifestyle, the demand for organic feed additives has elevated recently. In addition to the changing lifestyle, the growing demand for natural feed additives, increase in meat consumption, quality feed, the industrialization of livestock, and the risk of having diseases in livestock is estimated to drive the organic feed additives market. The world organic feed additives market is expected to be propelled by the rising awareness regarding available health advantages to farm animals from organic feed additives. Report segmented as: By nutrients:
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Geographical analysis: The world organic feed additives market is segregated into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, the Asia Pacific region accounts for the largest market share followed by North America. The growing demand for organic feed additives in Asia Pacific will drive the growth of the market in this region throughout the forecasting period. Important market players: Some of the key players in the organic feed additives market: Evonik Industries AG (Germany), Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Chr. Hansen Holding A/S (Denmark), Adisseo (France), BASF SE (Germany), Invivo NSA (France). The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/ Like it? Share it! More by this author |