Animal Nutrition

Animal Nutrition Market New Advancement Helps to Achieve US$450 billion by 2027 with Top Key Players and Covering COVID-19 impact Analysis

Animal Nutrition Market top level players are analyzed in report based on current and future development status, and Animal Nutrition market estimations from 2020 to 2027 in terms of revenue and volume. This report provides strategic recommendations consulted by the industrial experts including market share worldwide, future outlook, cost profit structure, supply, raw materials, labour cost, manufacturing expenses, latest market trends, demands, ROI.

The Animal Nutrition market report analyse the manufacturing cost of the product, which is very important for the manufacturer and competitors, raw material price, manufacturing process cost, labour cost, energy cost, all these kinds of cost will affect the market trend, to know the manufacturing cost better, to know the Animal Nutrition market better.

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Animal nutrition emphasizes on animal dietary requirements, chiefly those within agriculture and food production, however also within aquariums, wildlife management, and zoos. Animal nutrition is crucial for health and productivity of the agricultural animals. Several programs and organizations including the National Animal Nutrition Program (NANP) provides a platform for identifying high-priority concerns in animal nutrition. Such organizations provides an integrated and systemic approach to collect, assemble, share, synthesize as well as publicize the information based on science along with educational tools for animal nutrition which increases the high-priority research in agricultural species. Various governments are focusing on implementing systems which redefine the government and industry roles to deliver safe nutrition for animals. The FAO/WHO Codex Alimentarius Commission, in 2004, approved the Code of Practice on Good Animal Feeding. This manual gives updated and complete information as well as practical guidelines for helping stakeholders and producers know more about the distribution chain and production for complying with regulatory framework.

Global Animal Nutrition Market Dynamics

Rising demands for healthy and safe animal food, regulations on using antibiotics, rising awareness in manufacturers regarding health of the animals are key factors expected to drive the global animal nutrition market growth over the forecast period. Global demands for animal origin foods, such as eggs, fish, meat, and milk, is increasing, for providing better nutrition for animals. As per the Food and Agriculture Organization, by 2050, global demands for the animal derived-protein is expected to rise by two folds. Rising consumption livestock an animal product make an important contribution for the economic and nutritional wellbeing of masses of people globally. The pressure upon the livestock industry is increasing for meeting growing demands for animal protein of high-value. Urbanization is the major factor supporting livestock product demands due to enhancements in infrastructure, such as cold chains that allow trade of fresh goods. As per the Food and Agriculture Organization, as compared to rural populace, city population has a differed diet rich in proteins and animal fats, and characterized with high consumption of meat, milk, poultry, and other dairy items.

Animal feed play an important role in worldwide food industry, as feed is an important factor to ensure safe, affordable, and abundant animal proteins. Growing and young animals require nutrients for meeting the needs of specific stages of growth. They need suitable nutrition development and growth of organs, bones, and muscles. Nutrient needs for animals also changes with the age. For instance, the older animals might have health issues associated with aging, which need diverse nutritional requirements including vitamin supplements and minerals.

The segment of Amino acids is expected to account for a major share in revenue in the global animal nutrition market, due to the high efficiency content of protein along with substitute for feeding protein sources. The Eubiotics are receiving importance owing to the remarkable application to improved feed digestibility, better performance, and nutrient absorption. Eubiotics are the biologically active additives of food, which comprises of living microorganisms or (and) their metabolites. The Eubiotics are substituting antibiotics for enhanced health and livestock performance. Several international companies are focused on producing of several eubiotic types, which could be used in diverse livestock. Rising poultry product consumption and rising preference of white meat over the red meat is expected to drive the poultry segment growth. For instance, in 2017, as per the Global Agricultural Information Network, in India the broiler production surged to 4.5 Mn tons, owing to increasing demands from the rising middle class. Increasing awareness regarding the usage of nutrient rich and cost-effective compound feed could increase the poultry nutrition product demands in emerging economies. However, high costs of the related products is expected to hamper growth of the global animal nutrition market in the near future.

Global Animal Nutrition Market Regional Insights

Based on region the global animal nutrition market is segmented into North America, Europe, Latin America, Asia Pacific, Africa, and Middle East. North America is expected to account for the highest share in the global animal nutrition market over the forecast period, owing to well-established infrastructure of animal nutrition and large consumption of the animal products. Asia Pacific is expected to register robust growth, due to lucrative opportunities within the industry of animal feed including Eubiotics along with increase in the concerns for disease outbreaks in livestock.

Global Animal Nutrition Market Competitive Analysis

Key players functioning in the global animal nutrition market are Archer-Daniels-Midland Company, Alltech, Adisseo France SAS, BASF SE, Dow Chemical Company, Cargill Inc., DuPont, Tata Chemicals, Evonik Industries AG, Novozymes A/S, Kemin Industries, Inc., Nutreco N.V., Royal DSM N.V. and others. Key players are focused on offering wholesome and natural food products for catering the rising demand of consumers. For instance, Cargill Inc., in 2017, entered in an agreement for acquiring Diamond V, an innovative natural solution provider which helps in improving animal health, performance, as well as food safety. Market players are even geographically expanding, for gaining large share in the market. In 2017, the share of Astral Foods was acquired by Cargill in nutrition and premix business, for expanding in the Sub-Saharan Africa (SSA).

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Global Animal Nutrition Market Taxonomy

Based on species,

  • Ruminant

  • Poultry

  • Swine

  • Aquaculture

  • Others

Based on product type,

  • Amino Acids

  • Pet Food

  • Enzymes

  • Carotenoids

  • Minerals

  • Eubiotics

  • Vitamins

  • Lipids

Based on region,

  • North America

  • Europe

  • Latin America

  • Asia Pacific

  • Africa

  • Middle East

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