Market Scenario

Global Feed Supplements Market is profiled in detail in the research report, providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the feed supplements market are detailed in the report, to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the feed supplements market’s growth trajectory over the forecast period are provided in the report. The leading players in the global feed supplements market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global feed supplements market. The major drivers and restraints affecting the global feed supplements market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back.

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Feed supplements are used in feed applications to make the feed more nutritious and more functional. Adding to the functionality of feed substances by adding pathogen resistance and other functionalities is a major objective behind the addition of feed supplements. Feed supplements can be proteins, amino acids, vitamins, and other nutrients, whereas the forms of feed supplements may be solid or liquid. They help improve the feed quality, enhancing animal health and reducing the prevalence of diseases among the livestock animals.

The growing animal products industry around the world is the major driver for the global feed supplements market. Animal products such as dairy and meat have become increasingly popular in developed as well as developing countries in recent years due to their high nutritive value and role in preventing various diseases. Milk and other dairy products contain high amounts of proteins and vitamins B and D, leading to widespread demand from people all over the world. Meats are also highly nutritive, containing proteins and amino acids liberally, in additive to vitamins and several essential minerals. This has led to an increasing demand for animal products, leading to increased prosperity among animal product producers. This has led to an increasing demand for feed supplements to further improve the quality of animal products.

Competitive Leaderboard

Leading players in the Global Feed Supplements Market include Dallas Keith Ltd., Leo Bio-Care Pvt. Ltd., Grain Corp Ltd., Land O’Lakes Inc., Cargill Inc., Archer Daniels Midland Company, and BASF SE.

Segmentation

The global feed supplements market is segmented based on type, form, livestock, and region.

The feed supplements market is segmented by type into protein, vitamins, amino acid, fatty acids, minerals, and others. Among all, the amino acid segment is dominating the market followed by vitamins. Amino acids include lysine, which is commonly used in poultry and swine feed applications. On the other hand, the vitamin segment is growing rapidly due to the growing prevalence of vitamin deficiency in livestock.

Based on form, the feed supplements are segmented into dry, liquid and others. The dry form of feed supplement is dominating the market. However, the liquid feed supplement is expected to witness high growth over the forecast period.

Based on the livestock, feed supplements are segmented into ruminants, poultry, swine, aquaculture and others. Among all, the ruminates segment is dominating the market due to increased consumption of meat and meat products globally. However, the poultry segment is projected to witness a robust growth over the forecast period owing to growth in poultry industry.

Regional Analysis

Asia Pacific is the dominant regional market for feed supplements due to the growing animal products industry in the region. China is a leading regional entity in Asia Pacific and is likely to remain a leading consumer of feed supplements over the forecast period. This is due to the growing meat industry in China.

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