Feed Preservatives Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Feed preservatives are additives used to extend the shelf life of feed by blocking the growth of fungi, bacteria, molds, and yeast. These preservatives protect the animal feed from pathogens and other microbes that can cause several infections affecting the health and performance of livestock. In the current market scenario, livestock producers are extremely concerned about the health of animals to meet the quality expectations and safety standards. Therefore, feed manufacturers use feed preservatives in animal feed to prevent the spoilage and ensure physical wellbeing of livestock animals.

MARKET DYNAMICS

Rising concerns about the health and performance of livestock to fulfill the quality expectations of consumers is the crucial factor driving the market growth. Moreover, increasing consumption of meat and dairy products across the globe is also anticipated to fuel the market growth over the forecast period. Additionally, rising popularity of feed preservatives owing to their advantages in preserving animal feed for longer period is one of the key factors expected to propel the market growth in the forthcoming years.

MARKET SCOPE

The "Global Feed Preservatives Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the feed preservatives market with detailed market segmentation by type and livestock. The global feed preservatives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed preservatives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global feed preservatives market is segmented into type and livestock. By type, the feed preservatives market is bifurcated into antibiotics, antioxidants, acidifiers, and anticaking agents. By livestock, the feed preservatives market is bifurcated into poultry, swine, ruminants, aquaculture, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global feed preservatives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The feed preservatives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the feed preservatives market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the feed preservatives market in these regions.

MARKET PLAYERS

The report covers vital developments in the feed preservatives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the feed preservatives market are anticipated to lucrative growth opportunities in the future with the rising demand for feed preservatives in the global market. Below mentioned is the list of few companies engaged in the feed preservatives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed preservatives market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Kemin Industries, Inc.
  
•   Novus International, Inc.
  
•   Alltech, Inc.
  
•   Nutreco N.V.
  
•   Cargill, Incorporated
  
•   BASF SE
  
•   Biomin Holding GmbH
  
•   Nutriad Internation N.V.
  
•   Impextraco N.V.
  
•   Pestell Minerals & Ingredients Inc.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Feed Preservatives Report Scope