Food and Beverages Industry Report Animal Feed Additives Market Trends

Your Catalyst To a Lucrative Business
Animal Feed Additives Market Share, Size, Analysis, Growth,
Trends and Forecasts to 2022| Hexa Research
" Market research report on Animal Feed Additives
market by Hexa Research provides a clear picture
about the worldwide development of the Animal Feed
Additives industry and recent key trends based on
detailed statistical analysis."
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.
With frequent regulatory updates and increasing R&D spending, the global feed additive industry is co nstantly
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.
Browse Details of Report @ https://www.hexaresearch.com/research-report/animal-feed-additives-
industry/
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