Rising concerns for safety & top quality of meat and meat products because of numerous disease outbreaks around livestock including foot & mouth infections, bird flu plus swine flu in recent decade should drive world-wide animal feed additives current market size. Surge in consumption of meat products owing to rising consumer per capita income in addition to shift in consumer nutrition behavior towards protein prosperous diet should further reinforce industry growth.

Global feed production surpassed 1, 000 thousand tons in 2016. Asia Pacific witnessed highest production and is the reason over 350 million a lot in 2016. Growth in livestock generation for meat consumption accompanied with government initiatives just like schemes and subsidies promoting livestock health and generation may drive industry growth within this region.

Livestock need ample power source for essential life processes like muscular activity. Feed provides all vital nutrients and high fiber content like proteins, carbohydrates & fatty acids, vitamins and growth stimulants therefore increasing digestive metabolism, efficacy, growth and immunity mostly in young livestock.

All these additives enhance yield & good quality of feed resulting improved animal performance and wellbeing. China meat consumption exceeded 50 kilo tons inside 2016 and should get around 60 kilo tons by way of 2024. Increasing meat supplement consumption in China, Malaysia, India and Thailand on account of high livestock production along with efficient distribution network through stores and supermarkets should stimulate industry growth.

Strict regulatory regimes regarding ban about antibiotics or antibiotic expansion promoters (AGPs) in U. S and Europe owing to bioaccumulation of antibiotics with gastrointestinal tract creates level of resistance to medicines. Thus, should boost market for substitutes with natural growth causes like probiotics, antioxidants and amino acids. Increased authorities interventions in food & nourish safety with rising opportunities, laying forth policies along with regulations to standardize animal meat products should drive item demand.

Positive outlook for increasing investments & monetary assistance for livestock producing as supplementary business when agriculture for catering developing meat demand & loyal technological innovations in running equipment should drive dog feed additives demand. Growing emphasis on livestock nutrition for providing excellent meat products is mounting to its utmost importance to compliment consumer health & diet regime which should positively influence product demand.

Global packaged food & beverage industry is likely to surpass USD 3 trillion by way of 2024. Strong global demand for packaged meat & various meats products by consumers because of busy work schedule plus increasing disposable income. Development of new technology in addition to constant improvement in done products will steer market growth. Growing life expectations, limited availability of mineral water and optimal feed usage in meat industry will need to further strengthen product demand.
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