Market Research Future (Food and Beverages) Feed Preservatives Market Research Report by Share | Page 4

Feed Preservatives Market Research Report- Forecast to 2023
3 Sample Pages
Regional Analysis:
The global feed preservatives market is segmented into North America, Europe, Asia Pacific, and rest of the world
(RoW). Europe is dominating the feed preservatives market followed by Asia Pacific. The U.K registered a higher
consumption of feed preservatives owing to increasing awareness about the benefits of using feed preservatives to
extend the shelf-life of feed. Additionally, increasing demand for animal feed products with extended shelf-life is
majorly driving the market growth in this region.
Also, growing demand for feed preservatives due to increased consumer awareness and inclination towards natural
products, natural feed preservatives are experiencing a demand in the European market. Furthermore, increasing
demand for preservatives in animal feed in the developing countries such as India, China, and Japan are likely to
boost the growth of the feed preservatives market during the forecast period.
Segments:
On the basis of the type, it is segmented into natural and synthetic. Among the both, the synthetic feed
preservatives hold the major market share owing to its wide range of product applicability and low cost. However,
due to the increasing awareness regarding the side-effects associated with synthetic preservatives and growing
consumer demand for green label products, a high demand for natural preservatives is observed which is likely to
grow the market of natural feed preservatives over the review period.
On the basis of the application, it is segmented into feed premix, compound feed, silage, and others. Among all,
the compound feed segment is dominating the market based on increased use of feed preservatives to maintain
feed quality during transportation and storage. However, the silage segment is projected to witness steady growth
over the forecast period.
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