Global Animal Nutrition Market Size To Increase Significantly

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Pune, India, November 22, 2021 (GLOBE NEWSWIRE) – According to MarketStudyReport, global animal nutrition market The size was valued at USD 26.54 billion in 2020 and is expected to register a strong CAGR from 2021-2026, subsequently generating significant revenue by the end of the forecast period.

Going further, the report details various market segmentations including ingredient type, species range, as well as regional opportunity analysis. It also builds up detailed profiles of the major players to offer a clear understanding of the competitive scenario in the industry sphere.

Growing demand for safe and nutritious animal feed, improved knowledge of producers about animal health, increased meat consumption, and awareness of the limitations of antibiotics are the major drivers for the growth of the market.

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In addition, the demand for animal nutrition is increasing rapidly among pastoralists in order to achieve faster production of meat and animal products as well as to avoid diseases and deficiencies in their livestock. The expansion of husbandry practices and the increase in the domestic animal population are contributing to the growth of the animal feed industry as well as the animal nutrition industry.

Market segmentation overview

Considering the type of species, the industry is segmented into poultry, pigs, ruminants, aqua and pets. Based on Ingredients, the market is categorized into Minerals, Enzymes, Vitamins, and Amino / Other Acids.

The amino acid / other segment is estimated to be poised to expand considerably over the estimated time period, as amino acids play an important role in the productivity of farm animals from growth to production and to reproduction, and can make a huge contribution to the profitability of a farm. .

Geographic perspective

The regional analysis of the global animal nutrition market covers North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa.

Experts cite that the Asia-Pacific market is likely to generate significant returns during the assessment period, due to increasing population and rapid urbanization in emerging economies in the region. . Moreover, countries like India, China, and Japan present lucrative opportunities for market growth.

To access a sample copy or view this report in detail and the table of contents, please click on the link below:

https://www.marketstudyreport.com/reports/global-animal-nutrition-market-2021-edition-analysis-by-ingredient-minerals-vitamins-enzymes-amino-acids-species-by-region-by-country- market-overview-and-forecasts-with-covid-impact-19-2021-2026

Summarize the competitive scope

The main players influencing the global dynamics of the animal nutrition industry are Alltech Inc., Cargill Inc., CEVA Animal Health (Pty) Ltd., Elanco Animal Health Inc., Koninklijke DSM NV, Balchem ​​Corporation, Adisseo , Evonik Industries AG, Bunge Limited and Compagnie Archer-Daniels-Midland.

World Animal Nutrition Marlet by ingredient Type (Revenue, Million USD, 2016-2026)

  • Minerals
  • Vitamins
  • Enzymes
  • Amino acids / Other

World Animal Nutrition Marlet by species Type (Revenue, Million USD, 2016-2026)

  • Poultry
  • Ruminants
  • Pork
  • Aqua
  • Animals

World Animal Nutrition Regional Land Market (Revenue, USD Million, 2016-2026)

Asia Pacific

  • China
  • Japan
  • Australia
  • India
  • Rest of Asia-Pacific

North America

Europe

  • UK
  • Germany
  • France
  • Italy
  • The rest of europe

Rest of the world

World Animal Nutrition Competitive Market Dashboard (Revenue, USD Million, 2016-2026)

  • Alltech inc.
  • Cargill Inc.
  • CEVA Animal Health (Pty) Ltd.
  • Elanco Animal Health Inc.
  • Koninklijke DSM NV
  • Balchem ​​Company
  • Adisseo
  • Evonik Industries SA
  • Bunge Limited
  • Archer-Daniels-Midland Company

Related report:

Aquaculture and Aquaculture Additives Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share and Forecast, 2021-2027

The Global aquaculture feed additives market is expected to show notable growth by 2027 due to strong demand for seafood around the world. Moreover, the increased focus on reducing the environmental impact of the industry is expected to further support the market growth throughout the forecast period. The COVID-19 outbreak has disrupted the global supply chain and negatively impacted many industries, including the aquaculture industry, which has hampered the growth of the market to some extent. However, with successful vaccination campaigns and a growing focus on economic recovery around the world, the market is gradually regaining its pre-COVID momentum. From a regional perspective, the Latin America aquaculture and aquaculture feed additives market is expected to grow steadily by 2027, with a CAGR of over 3.3% during the analysis period. Chile is LATAM’s largest aquaculture feed producer due to its highly developed salmon industry in terms of technology and nutrition, which is expected to drive regional market expansion in the coming years.

Pet Food Market Size, Industry Analysis Report, Application Development Potential of Regional Outlook, Price Trend, Competitive Market Share and Forecast, 2020-2026

The Global pet food ingredients market The size is expected to register commendable gains by 2026, driven by increasing adoption of pets across the world and consumer spending on premium pet health and nutrition products. With a dramatic increase in the number of pet owners around the world, a large number of new players have entered the pet food industry and a wide range of high quality products are available in the market today. ‘hui. Phosphates, amino acids, acidifiers, vitamins, carotenoids, and specialty proteins, among others, are the different types of pet food ingredients. The market size for Pet Phosphate Ingredients is estimated to register a stable CAGR of 2.6% through 2026, as phosphates are essential nutrients in animal feed and play a vital role in growth and production. overall development of animals.

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