Research Report on Global Animal Feed Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.
Animal feed are nutritional food given to domestic animals to increase their overall productivity and provide them a balanced diet. Animal feed are of different types such as plants, hay, husks, mixed animal feeds, alternative protein food and others, depending upon the livestock. Milk and dairy products are obtained from cattles, which help the dairy industry to grow globally. Swine and poultry provide meat, which is consumed worldwide. Aquatic animals and other livestock have specific applications depending on the demand of end users.
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Animal feed contain proteins, which are essential for animal growth. Enzymes provide quality animal feed. Minerals and vitamins are necessary elements in animal feed. Antibiotics in animal feed help domestic animals resistant to several diseases. Global animal feed market is segmented based on their function as amino acids, antioxidants, enzymes, vitamins, minerals, acidifiers, antibiotics, binders and others. Based on livestock, global animal feed market is segmented as swine, cattle, poultry, aquatic animals and others.
Meat is the major driving factor for animal feed market on global level. Increasing consumption of meat has led the animal feed market grow at rapid pace. Dairy products and their worldwide demand is an imperative factor to the growth of animal feed market. Livestock like poultry are driving the animal feed market. Other major livestock like cattle has led to growth in animal husbandry and is expected to drive the animal feed market over the forecast period.
Major player assessed in the report are :
– BASF SE
– Evonik Industries AG
– Cargill Incorporated
– Archer Daniels Midlands
– Chr. Holdings A/S
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. Animal Feed By Function :
– Amino Acids
2. Animal Feed By Livestock :
– Aquatic Animals
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