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Animal Feed Additives Market Research Report - Global Industry Analysis, Size, Growth and Forecast to 2022 - Hexa Research
“Global Animal Feed Additives Market was valued at USD 16 billion in 2014 and is expected to reach USD 21.9 billion by 2022, growing at a CAGR of 4% from 2015 to 2022�
Global Animal Feed Additives Market size was estimated at USD 16 billion in 2014. Growing meat consumption as a key protein source, especially in Asia Pacific and Latin America is expected to be a key driver for market demand over the forecast period. Increased focus on product innovation, r esulting in high R&D spending is expected to provide new growth opportunities to industry participants. High degree of regulatory intervention in developed markets of North America and Europe, coupled with raw material supply issues are expected to challenge product growth over the next seven years. Asia Pacific and LATAM animal feed additive markets, which are comparatively less regulated, are expected to reach USD 7.2 billion and USD 2 billion by 2022, respectively. Browse Details of Report@ https://www.hexaresearch.com/research-report/animal-feed-additives-industry/
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