Animal Nutrition Market Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

ANIMAL NUTRITION MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027

REPORT DESCRIPTION Animal Nutrition Market - Overview Animal Nutrition Market, by Species (Poultry, Ruminant, Aquaculture, Swine, and Others), by Product Type (Pet Food, Amino Acids, Carotenoids, Enzymes, Eubiotics, Minerals, Lipids, and Vitamins) and by Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 Animal nutrition focuses on dietary needs of animals, chiefly those in food production and agriculture, however also in aquariums, zoos, and wildlife management. Animal nutrition is important for the productivity and health of agricultural animals. Various organizations and programs such as the National Animal Nutrition Program (NANP) serves as a medium to identify high-priority animal nutrition concerns. These organizations offers a systemic and integrated approach to assemble, collect, share, synthesize and publicize science-based information and educational tools on animal nutrition that increases high-priority research among agricultural species. Several governments are implementing systems that redefine the roles of industry and government in delivering safe nutrition to animals. In 2004, the FAO/WHO Codex Alimentarius Commission approved a Code of Practice on Good Animal Feeding. The manual gives complete and updated information and practical guidelines to help producers and stakeholders know about the production and distribution chain to comply with the regulatory framework.

REPORT DESCRIPTION According to Food and Agriculture Organization, global demand for animal derived-protein will double by 2050. Increasing consumption of animal products and livestock make a crucial contribution to the nutritional and economic wellbeing of millions of people across the globe. There has been an increasing pressure on the livestock sector to meet growing demand for high-value animal protein. Urbanization is a major driving factor supporting demand for livestock products due to improvements in infrastructure, including cold chains, which allow trade in fresh goods. According to Food and Agriculture Organization, in comparison to rural population, city population have a varied diet rich in animal fats and proteins, and characterized by higher consumption of poultry, meat, milk, and other dairy products. Animal feeds play a primary role in the global food industry, since feed is the most important component to ensure abundant, safe, and affordable animal proteins. Young and growing animals need nutrients to meet the requirements of specific growth stages. They require suitable nutrition for growth and development of organs, muscles, and bones. Nutrient needs of animals also change with age. For instance, older animals may have health problems related to aging, which require diverse nutritional needs such as mineral and vitamin supplements. Asia Pacific animal nutrition market is expected to exhibit significant growth, owing to high market opportunities in the animal feed industry such as Eubiotics and increase in concerns toward disease outbreak in livestock. Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/1630 ÂŠ Coherent market Insights. All Rights Reserved

REPORT DESCRIPTION Amino acids segment is expected to hold major revenue share in global animal nutrition market, owing to its high protein efficiency content and substitute to feed protein sources. Eubiotics are gaining importance due to their significant application in improving feed digestibility, nutrient absorption, and better animal performance. Eubiotics are biologically active food additives, which contain living microorganisms and (or) their metabolites. Eubiotics are replacing antibiotics for improved health and performance of livestock. Various international players are focusing on production of different types of eubiotics, which can be used for diverse livestock. Increasing consumption of poultry products and growing preference for white meat over red meat is expected to fuel growth of the poultry segment. For instance, according to Global Agricultural Information Network in 2017, broiler production in India increased to 4.5 million tons due to increasing demand from the growing middle class. Rising awareness about the use of cost effective and nutrient rich compound feed will increase demand for poultry nutrition products in emerging countries. However, high price of the associated products is hampering the market growth. Major players operating in the animal nutrition market include Archer-Daniels-Midland Company, Adisseo France SAS, Alltech, BASF SE, Cargill Inc., Dow Chemical Company, DuPont, Evonik Industries AG, Tata Chemicals, Novozymes A/S, Royal DSM N.V., Kemin Industries, Inc., and Nutreco N.V.

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