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Follow on Google News | Animal Feed Additives Market(Antibiotics, Vitamins, Amino Acids) Expected to Reach USD 19.54 billionGrandViewResearch.com has announced the addition of "Global Animal Feed Additives Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.
Amino acids such as lysine, methionine, tryptophan and threonine emerged as the leading product segment, accounting for 31.2% of total market revenue in 2012. Amino acids are essential for the growth of animals, especially swine and poultry. Industrial lysine also has advantages over its natural substitute (soybean) which has been driving the global market. Amino acids were followed by antibiotics which accounted for 26.8% of total market revenue in 2012. Antibiotics have been banned in the U.S. and in Europe, and are expected to witness demand primarily from unregulated markets, especially in Asia and Latin America. Feed acidifiers are expected to be the fastest growing products in the overall market, at an estimated CAGR of 6.4% from 2014 to 2020. The report “Animal Feed Additives Market Analysis And Segment Forecasts To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/ Inquiry Before Buying @ http://www.grandviewresearch.com/ Further key findings from the study suggest: Poultry emerged as the leading livestock consuming feed additives and accounted for 38.2% of total market revenue in 2012. Growing preference for white meat, especially in India and China is expected to drive poultry feed additive demand over the next six years. Poultry along with being the largest livestock is also expected to be the fastest growing livestock consuming feed additives at an estimated CAGR of 4.2% from 2014 to 2020. Poultry was followed by pork/swine which accounted for just over 30% of total market revenue in 2012. Asia Pacific emerged as the leading market for animal feed additives and accounted for 32.6% of total market revenue in 2012. Along with being the largest market, Asia Pacific is also expected to be the fastest growing market for animal feed additives at an estimated CAGR of 4.2% from 2014 to 2020. Increasing domestic demand, coupled with burgeoning meat trade, especially in China and India is expected to drive the Asian feed additive demand over the next six years. Europe animal feed additive demand is expected to reach USD 5,809.7 million by 2020, growing at a CAGR of 4% from 2014 to 2020. Germany was the largest European market, accounting for close to 10% of regional additive demand in 2012. The global animal feed additive market is highly concentrated, with the top four companies including DSM, BASF, Evonik and Danisco. The top four companies accounted for over 60% share of the global animal feed additives market in 2012. Some of the other companies operating in the global market include Elanco, Novozymes, Kemin Industries, Novus International and Cargill among others. Request Sample of this Report @ http://www.grandviewresearch.com/ For the purpose of this study, Grand View Research has segmented the global animal feed additives market on the basis of product, livestock and region: Global High Animal Feed Additives Product Outlook, Antibiotics Vitamins - Vitamin A - Vitamin E - Vitamin B - Vitamin C - Other Vitamins Antioxidants Amino Acids - Lysine - Methionine - Threonine - Tryptophan - Other Amino Acids Feed Enzymes Phytase Non Starch Polysaccharides & Other Feed Acidifiers - Others (Includes Trace Minerals, NPN, etc.) Global Animal Feed Additives Application/ Pork/Swine Poultry Cattle Aquaculture Other Animal Feed Additives Regional Outlook, North America - U.S. Europe - Germany - Italy - UK Asia Pacific - China - India - Japan RoW - Brazil Latest Market Research Published By Grand View Research: Antimicrobial Coatings Market Analysis And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/ Dental Equipment Market Analysis And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/ About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com Contact: Sherry James, Corporate Sales Specialist Grand View Research, Inc San Francisco, California, USA Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 sales@grandviewresearch.com http://www.grandviewresearch.com End
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