The global nutritional feed additives market is expected to grow from $8.27 billion in 2020 to $9.97 billion in 2021 at a compound annual growth rate (CAGR) of 20.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $12.65 billion in 2025 at a CAGR of 6.1%.
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The nutritional feed additives market consists of sales of nutritional feed additives which are used to improve animals nutrition. Nutrition feed additives are an important portion of nutrition that enhance yield and quality of food. Nutrition feed additives improve the overall gut health, digestion process and appetite. This market includes companies that produce nutritional feed additives such as enzymes, antioxidants, acidifiers, probiotics, prebiotics and others.
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The nutritional feed additives market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the nutritional feed additives market are BASF SE, Cargill, Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V.
The global nutritional feed additives market is segmented –
1) By Distribution Channel: Direct, Indirect, Hypermarket / Supermarket, Specialty Stores, Online Retail
2) By Livestock: Ruminants, Poultry, Swine, Aquatic
3) By Additive Type: Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors and Sweeteners, Pigments, Binders, Minera
4) By Form: Dry, Liquid, Others
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The nutritional feed additives market report describes and explains the global nutritional feed additives market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The nutritional feed additives report evaluates the market across each region and for the major economies within each region.
The countries covered in the global nutritional feed additives market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global nutritional feed additives market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Nutritional Feed Additives Market Characteristics
- Nutritional Feed Additives Market Product Analysis
- Nutritional Feed Additives Market Supply Chain
- Key Mergers And Acquisitions In The Nutritional Feed Additives Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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