Feed Additives Market Share Demand, Growth, Regional Overview, key Driven, Forecast 2027
Market Scenario Market Research Future proposes that the global feed additives market is likely to garner USD 39,432.9 million, grabbing a CAGR of 5.96% during the appraisal period (2017-2023). Augmenting preference towards healthy diet is considered to favor that market growth. Feed additives are considered as food supplements which are provided by the farmers to their animals in order to gain better yield and growth. Such food supplements comprise minerals, vitamins, nutrients, ions, proteins, and other valuable nutrients compared to natural feed. Competitive Dashboard The prominent players operating the global feed additives market are Alltech Inc. (U.S.), Evonik Industries (Germany), Cargill Inc. (U.S.), Archer-Daniels-Midland Company (U.S.), BASF SE (Germany), Danisco A/S (Denmark), and Adisseo France SAS (France). Market Potential and Pitfalls Feed additives have gained prominence across the globe as they help to improve the quality and the quantity produced by the ani...