Feed Additives Market to Display Growth of CAGR 4.9% from 2017 to 2023 Market Overview: Feed additives are either plant-derived or chemical substances used to boost the quality of the animal nutrition by improving the nutritional properties of the animal fodder. The feed additives help in stimulation and secretion of digestive enzymes, which, in turn, stimulate an immune response. Additionally, feed additives market is observing an exponential growth based on its high usage in the feed industry. The major types of feed additives available in the market includes: amino acids, vitamins, acidifiers, carotenoids, enzymes, flavors, antibiotics, minerals, and antioxidants. Access Report Details @ https://www.marketresearchfuture.com/reports/feed-additives-market5101 Market Forecast: The Global Feed Additives Market is growing due to increasing meat consumption. With the growing consumer awareness and their increasing interest in healthy lifestyle, the demand for feed additives has increased recently. In addition to the changing lifestyle, the growing demand for feed additives, rise in the meat consumption, quality feed, industrialization of livestock, and the prevention of diseases in livestock are expected to drive the feed additives market. The global feed additives market is projected to propel by the increasing awareness regarding available health benefits to farm animals from the feed additives. Increased awareness about the feed additives has raised the bar for quality of feed, which, in turn, has increased the market share of feed additives globally. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of feed additives in the global market. The global feed additives market is expected to grow at a CAGR of 4.9% during the forecast period, 2017-2023.
Tel: +1-646-845-9349
sales@marketresearchfuture.com