Vietnam Animal Feed Additives Market is anticipated to rise at a staggering CAGR during the forecast period. The shift in trend to consume poultry and cattle meat is gaining a high traction in Vietnam. In the past consumers largely depended on pork meat for nutritional needs. Rise in per capita income and modern methods of cattle rearing is likely to uplift the market conditions.

 

Rise in funding and research & development help in driving the production thereby adding sustainability in the regional market. Vietnam’s total market share in APAC is much higher as compared to India and China. In the recent years imports for animal feed have increased, which is normally routed through neighbouring countries.

 

Access Sample Report of this report @ https://bit.ly/2Xm0cRL

 

 

Vietnam animal feed additives market is driven by rise in per capita meat consumption and significant growth in the last few years. Rising requirements for meat and meat products is likely to propel the market growth during the forecast period. Significant opportunities in the meat export is likely to propel the market scenario during the forecast period. Flexibility in trade agreements and regulatory policies have standardized feed additives quality aligned with U.N standards. Development of feeding applications for animal feeds is gaining a higher traction during the forecast period. 

 

Product segmentation for Vietnam animal feed additives market entails vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers and antibiotics. By application, the market segmentation comprises cattle, poultry and pork. Poultry and pork segments account for a higher CAGR for the estimated period. Commercial animal feed additives market comprise fodder and forage.

 

The key players profiled in the Vietnam animal feed additives industry report are Vedan Enterprises Co Ltd, EZ Nutrition Way Co, Hong Ha Nutrition JSC, Ajinomoto, BCargillInc, BASF SE, Anova, CP Group, Anthruc Co Ltd and DSM.

 

Market Segment:

Vietnam Animal Feed Additives Product Outlook (Revenue, USD Million, 2012 - 2022)
    • Antibiotics
    • Vitamins
    • Antioxidants
    • Amino Acids
    • Feed Enzymes
    • Feed Acidifiers
    • Others

 

Vietnam Animal Feed Additives Application Outlook (Revenue, USD Million, 2012 - 2022)
    • Pork/Swine
    • Poultry
    • Cattle
    • Others

 

Browse Complete Report Summary with TOC here https://bit.ly/3xG2szs

 

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

 

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com

Animal Feed Market Overview The animal feed industry is gradually evolving, and the animal feed manufacturers are increasingly using sophisticated and best global practices. Market Research future has revealed high growth prospects for the global Animal Feed Market Growth which is expected to grow at a considerable CAGR over the next couple of years. The animal feed industry has been expanding on account of increasing need to meet the food demands of the booming population. The growth in the animal feed demand has been spurred by an increase in demand for food of animal origin, including meat, egg, fish, and milk. This considerable increase in demand for animal origin products is likely to prevail over the foreseeable future owing to the globalization of trade in such products. The substantial growth in the market has been supported by the consolidation of feed mills across the world. The animal feed market has been further developing due to high demand for quality food products. Standard animal feed is essential to ensure food safety, reduce production costs, and enhance animal health. Higher focus on animal welfare and animal health is another major factor driving the growth of the animal feed market. High investment in R&D activities by key players to improve feed production, feed technology, and animal nutrition also boosts the growth of the market. Infographic of This Report @ https://www.marketresearchfuture.com/infographics/animal-feed-market Segmentation The global animal feed market has been segmented based on source, function, and application. By source, the market has been segmented into vegetables, grains and pulses, oilseeds, and others. By function, the market has been segmented into carbohydrate, protein, minerals, fat, and others. By application, the market has been segmented into cattle, swine, aquatic culture, and others. Regional Analysis North America stores ample opportunities for the growth of the animal feed market. The US is one of the top producers of animal feed in the world. Europe market for animal feed is strong and has been supported by smaller producing countries in the region. Asia Pacific market is led by China, which is one of the most prominent producers of animal feed in the world. Improving economy and presence of various farming nations in the region drives the growth of the Asia Pacific market. Access Report @ https://www.marketresearchfuture.com/reports/animal-feed-market-1611 Competitive Landscape The prominent players operating in the global animal feed market include Cargill Inc, Evonik Industries AG, Novozymes A/S, BASF SE, ., Nutreco N.V., Archer Daniels Midland Company, Adisseo France SAS, Charoen Pokphand Foods Public Company Limited, Alltech, Inc., and Chr. Hansen Holding A/S. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Global Market Insights, Inc. has launched a report on Animal Feed Organic Trace Minerals Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Growing of dairy and meat products demand to suffice the dietary needs of the increasing population will propel the animal feed organic trace minerals market from 2018 to 2024. As of 2017, global meat production was over 260 million tons, with considerable consumption share centered in South and eastern part of the Asia Pacific. Requirement to provide livestock with healthy diet and improve the quality of the produce is expected to remain the chief factor fueling the industry growth.

Enhanced bioavailability along with improved gut absorption are among the key factors fueling the animal feed organic trace minerals business growth. As per analysis, organic trace minerals are almost twice bioavailable than inorganic variant. The other key benefits of organic trace minerals include disease prevention, improved food absorption rate, weight gain, and reduced fatigue. Lack of essential nutrients in processed fodders coupled with increasing incidence of side effects to cattle caused by meat consumption of toxic chemicals is impacting the consumer preferences.

Growing animal feed industry along with increasing efforts to produce healthy livestock is propelling the market growth. Europe and Asia pacific are among the fastest growing animal feed markets. Significant buyer paradigm shift towards natural fodder preferences coupled with healthy diet will provide new growth opportunities over the next few years.

Request for Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1402

Europe accounted for more than 25% of the overall animal feed organic trace demand in 2017. Increasing forage additive consumption, such as vitamins, enzymes, minerals, and carotenoids owing to the rising deficiency among the livestock will proliferate the regional industry growth. Significant expansion in the presence of manufacturing facilities for meat and pork products, particularly in France and UK will provide positive scope for the animal feed organic trace mineral market expansion across the region. 

Asia Pacific is anticipated to surpass 100 kilotons demand by 2024. The region is among the largest meat producer, accounting for more than 40% of the meat production.  China is estimated to be the largest producer and consumer of pork, holding 49% of the global pork production in 2016.  As per OECD global meat consumption trends, China registered for over 30 kilograms per capita meat usage in 2017. Japan is witnessed to be the largest importing country for pork meat, followed by China, Mexico, South Korea, and the U.S. 

 Inquiry of this Report @ https://www.gminsights.com/inquiry-before-buying/1402

Global animal feed organic trace minerals market share is highly consolidated owing to the presence of few dominating companies including Phibro Animal Health Corp, Novus International, and Alltech Inc. The other key industry participants include Zinpro, Royal DSM, Cargill, Archer Daniels Midland, Pancosma, Ridley, Kemin Industries, QualiTech, Tanke Biosciences, Mercer Milling, U.S. Rare Earth Minerals, Vamso Biotec, Biochem Lohne Germany and Nutreco.

Mergers & acquisitions, collaborations, supply chain agreements, and product enhancements are the crucial strategies adopted by these industry players. The manufacturers are involved in the supply agreements with the several end-use industries. For instance, in April 2018, Kemin Industries acquired Unique Beta-Glucan Technology developed by Algal Scientific. Other notable players include.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making.

These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Global Animal Feed Market: Animal feed is nutritional food given to domestic animals to increase the overall productivity and provide them with a balanced diet. There are different types of animal feed such as mixed animal feeds, alternative protein food, hay, plants, husks and others, depending on the livestock. Animal feed plays an important part in the food chain and has implications for the composition and quality of the livestock products (milk, meat and eggs) that people consume. Animal feed can be divided into four groups – forages (e.g. grasses), cereals and other home-grown crops; compound feedingstuffs and products and by-products of the human food and brewing industries. The diets of pigs and poultry are different from ruminants. Compound (mixed or manufactured) feeds are supplemented in livestock diets. Vitamins and minerals are provided by separately or by incorporating in the compound feed.

 

 

Rise in consumption of meat, poultry and dairy products, growing concern over an outbreak of animal diseases, growing domestic and international quick-service restaurants in developing countries and demand for high-quality meat products are expected to bolster the animal feed market. Furthermore, rising inclination towards high-protein diets has positively influenced livestock production is the few factors that are driving animal feed market. However, lack of awareness and cost of products may hinder the Animal Feed Marketgrowth.

 

A sample of this report is available upon request @

https://www.precisionbusinessinsights.com/market-reports/global-animal-feed-market/#ulp-4H8Z4LpNMLEuOnnx

 

The global animal feed market is segmented on the basis of type of livestock, types of feed and geographical regions.

 

 

Based on the type of animal, the global animal feed market is segmented:

• Poultry
• Swine
• Canine
• Equine
• Ovine
• Bovine
• Aquaculture

 

Based on the type of feed, the global animal feed market is segmented:

• Medicated feed
• Antibiotics
• Probiotics
• Proteins
• Others
• Non-medicated feed
• Cereals
• Fats
• Oils
• Others

 

To view TOC of this report is available upon request @

https://www.precisionbusinessinsights.com/market-reports/global-animal-feed-market/#ulp-c654SbFYO64MsOhu

 

 

 

The feed industry is a major economical component of many countries. According to the AFIA (American Feed Industry Association), an average of $20 billion is annually spent on feed ingredients. The feed industry is the largest purchaser of corn and soybean meal. To enhance the overall production efficiency the feed is added to poultry, swine, cattle and others. Animal feed market is anticipated to have high growth owing to surge in awareness, growth strategies adopted by the key players such as acquisitions, mergers investments and expansions, which enables enhance the product portfolio and reaching out to new markets. For instance, in 2017 Nutreco acquired Hi-Pro feeds, which is a North American animal feed manufacturer.

 

Need more information about this report @

https://www.precisionbusinessinsights.com/market-reports/global-animal-feed-market/#ulp-14mlyhjMGhVjZqa3

 

 

The animal feed market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. China is the major meat exporter and producer having strong economic outlook and rapid urbanization. High consumption of protein rich diet like meat, milk, and eggs expected to accelerate the market share over the foresee period. U.S. animal feed market is anticipated expand at significant growth rate due to rising consumption of organic meat over processed products. Emerging economies market is expected to a huge traction due to rise in per capita expenditure coupled with high population in India, China.

 

 

Evonik Industries AG (Germany), Novozymes (Denmark), DSM (Netherlands), Dupont (Danisco) (U.S), Nutreco, BASF SE (Germany), Archer Daniels Midlands (U.S), Charoen Pokphand (Thailand), Alltech Incorporated (U.S), Invivo NSA (France), Cargill Incorporated (U.S) are some of the players in the animal feed market .

 

Get access to full summary @

https://www.precisionbusinessinsights.com/market-reports/global-animal-feed-market/

 

About Precision Business Insights

 

Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.

 

Precision Business Insights mission is to provide high-quality market research reports and generate key insights to our clients. PBI’s approachable strategies are to help clients to make key decisions for business growth.

 

Precision Business Insights vision is to become most valued partner to fortune 500 companies by providing agile, accurate, and actionable market insights

 

Contact to Precision Business Insights,

 

Kemp House,

 

152 – 160 City Road,

 

London EC1V 2NX

 

Email: sales@precisionbusinessinsights.com

 

Toll Free (US): +1-866-598-1553

Website @ https://www.precisionbusinessinsights.com