The global animal feed additives market was valued at $19,642 million in 2017, and is estimated to achieve $31,387 million by 2025, registering a CAGR of 6.0% from 2018 to 2025.
The global animal feed additives market predicted to witness significant growth during the forecast period, due to surge in consumption of meat products, increase in concerns over meat quality, and rise in safety concerns associated with the outbreak of livestock diseases.Animal feed additives include vitamins, amino acids, fatty acids, and minerals. These animal feed additives not provide the vital animal nutrition to the livestock but also influence their presentation, hygiene, digestibility, and effect in the intestinal health, thereby producing better meat products for consumption.
The global animal feed additives market is segmented on the idea of type, and livestock. On the idea of type, the animal feed additives market is segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifies, et al. . The vitamin segment further include vitamin A , vitamin E, vitamin B, vitamin C, and other sorts of vitamins. Likewise, the amino acids market is categorized into tryptophan, lysine, methionine, threonine, et al. The feed enzymes market divided into phytase, non-starch polysaccharides, and others.
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