The rearing of livestock and consumption of animal products has made a fundamental contribution towards the nutritional and economic wellbeing of millions of people globally. Animal feed plays a crucial role in the global food i ....see more
The cattle feed market is projected to reach USD 72.12 Billion by 2020, at a CAGR of 2.7% from 2015 to 2020. The cattle feed additives market is projected to reach USD 2.72 Billion by 2020, and is projected to grow at a CAGR of 3.9% from 2015 to 2020. With 2014 as a base year in the study, the market forecasts are projected in terms of value (USD million) and volume (‘000 tons) for the period from 2015 to 2020. The cattle feed market is segmented on the basis of application, ingredient, and region. The cattle feed additives market is segmented based on type and region.
The liquid feed supplements market is projected to grow at a CAGR of 5.5% from 2015 to reach a value of USD 5.53 Billion by 2020. The market growth is driven by increasing demand for products derived from livestock. The market is further driven by factors such as rising awareness about animal health, feed quality among farmers, and increasing livestock production cost.
The feed pigments market is projected to grow at a CAGR of 3.2% from 2015 to reach a projected value of USD 1.07 Billion by 2020. The market growth is driven by growing customer demand for meat products and rising awareness about health benefits of carotenoids for animals among the livestock growers. The market is further driven by factors such as growing industrialization of pork, aquaculture, and poultry business and acknowledgment of the importance of feed pigments in fish farming.
The global market size of mold inhibitors is projected to reach about USD 1.83 Billion by 2020 at a CAGR of 3.0% between 2015 and 2020, with the increasing use of mold inhibitors in numerous feeds for livestock. Furthermore, rising opportunities in emerging markets such as India, China, and Brazil are anticipated to augment the market size of mold inhibitors over the forecast period. In 2014, North America was the largest market for mold inhibitors. The market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period, followed by Latin America.
The global gluten feed market is expected to reach a value of $1,055.5 Million by 2019, at a CAGR of 5.4% from 2014 to 2019. The market size is estimated by segmenting the market into micro-markets, based on the share of each source, livestock, and geographical region. The market data is available from 2013 to 2019, with a forecasted CAGR from 2014 to 2019.
This report analyzes the feed palatability enhancers & modifiers market by type, livestock, and geography. Geographically, the report is segmented into Asia-Pacific, Europe, North America, and Rest of the World. The livestock covered in this report are swine, poultry, cattle, pet, and aquaculture. The market segmentation in terms of category of the report includes flavors, sweeteners, and texturants. The palatability enhancers are added to the animal feed in order to nullify the bitter taste of vitamins, minerals, and other medicines, thus increasing the feed intake by the animal. This also provides shelf life stability to the product. The other additives are used to achieve an ideal terrain in the gastrointestinal tract that will limit the excessive growth of pathogenic microbes and optimize the conditions for the proliferation of beneficial bacteria.
Globally, there is an increase in the demand for animal protein due to an increase in the income of the middle class population and rapid urbanization. The relationship between a balanced diet and optimum productivity has been well-understood by the players of the livestock production sector. In fact, animal feed is a major factor that is controlling the profitability of the livestock production business. Hence, today industries are not conservative when it comes to manufacturing high-quality animal feed ingredients. Proteins and fats optimize the nutritional levels of feed.
The increasing middle-class populationand rising per capita income, along with increasing expenditure on animal health and wellness are some of the drivers ofthe animal feed micronutrients market. The animal feed micronutrients market is expected to reach a value of $1476.3 million by 2019 growing at a CAGR of 6.1% from year 2014 to 2019.The market is estimated by segmenting the market into micro-markets, based on the share of each type, livestock, and geographical region. The animal micronutrients market is segmented into zinc, iron, manganese, copper and others according to type, and ruminants, poultry, aqua, swine, equine and others, by livestock. The market data is available from 2012 to 2019 with a forecasted CAGR from 2014 to2019.
Pork is the culinary name for the meat of the domestic pig. It is one of the most common types of meat consumed worldwide. Similar to all types of meat, pork is eaten both, freshly cooked and preserved. Some examples of preserved pork are ham, smoked pork, gammon, bacon, and sausage. Pork is a popular meat in the Western world. It is also very common in Chinese cuisine.
Acids and nutrient content in the feed is highly required and necessary for the proper growth and maintenance of animals. It is an emerging market due to the increase in awareness and growth in developing countries, which provide a constant support for the revenue. Although the current scenario depicts a wide range of application, the major market is focused towards the ruminant, poultry, and swine feeds.
Globally, there has been an increased demand for animal protein especially poultry meat and eggs. The increase in the average level of income, population rise, and urbanization are some of the drivers triggering the demand for poultry products and ultimately the poultry feed and poultry additives.