Animal Feed Additives Market Research Report - Industry Analysis till 2022Posted by Marsh William on February 22nd, 2018 Global Animal Feed Additives Market size was estimated at USD 16 billion in 2014. Growing meat consumption as a key protein source, especially in Asia Pacific and Latin America is expected to be a key driver for market demand over the forecast period. Increased focus on product innovation, resulting in high R&D spending is expected to provide new growth opportunities to industry participants. High degree of regulatory intervention in developed markets of North America and Europe, coupled with raw material supply issues are expected to challenge product growth over the next seven years. Asia Pacific and LATAM animal feed additive markets, which are comparatively less regulated, are expected to reach USD 7.2 billion and USD 2 billion by 2022, respectively. Browse Details of Report@ https://www.hexaresearch.com/research-report/animal-feed-additives-industry/ With frequent regulatory updates and increasing R&D spending, the global feed additive industry is constantly evolving. In recent times, there has been a significant increase in mergers, acquisitions and partnerships among market participants, in order to enhance product portfolio, gain access to regional markets and to avail synergetic benefits, As a result, we have witnessed companies increasing their presence across the value chain by integrating and diversifying their product portfolio. Like it? Share it! More by this author |