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(MoneyNewsWire.Net, October 16, 2017 ) The Global Feed Preservatives Market was worth $2.1 billion in 2016 and estimated to be growing at a CAGR of 9.2%, to reach $3.27 billion by 2021. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with growing awareness about feed management practises and customized formulations to reduce production costs and improve livestock health, which has led to increase in investments on high quality feed products resulting in the need for preservatives.
Feed Preservatives constitutes a bunch of feed additives like feed acidifiers, antioxidants etc. which are used to maintain a better hygiene for livestock and hence improve their productivity. They are generally used to improve feed quality by increasing the nutritional content of the animal feed.
There are various factors driving the growth of the Feed preservatives market and thus being responsible in the market showing immense potential in the forecast period. The major factors include regulatory requirements to improve feed quality, unpredictable crop harvest patterns which have led to the need for feed storage. Further, Industrialization of poultry sector across developing markets has also been a key factor for the growth of the market. As far as restraints are concerned there has been just one major factor holding back the potential growth of the market recently which is the limited margins of profit of the End Product. Due to the low profits the market has seen lower investments than its potential.
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The Global market for Feed Preservatives is segmented on the basis of type, livestock and feed type. Based on type the market is segmented into Feed acidifiers, Mold inhibitors, Feed antioxidants and Anticaking agents. The acidifiers are further fragmented into propionic, formic, lactic and sorbic acid. The sub segments for mold inhibitors include propionates, benzoates, natamycin. For feed antioxidants, the sub segmentation is done into BHA, BHT and Ethoxyquin. On the basis of Livestock, the market is segmented into cattle, poultry, swine, aquaculture and other livestock. Under feed type the segmentation is done into compound feed, feed premix, feed meal, silage and other feed types. Acidifiers, poultry and compound feed account for the largest market shares in their respective segments. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Feed Preservatives market was dominated by Europe holding the largest market share globally. It is followed by North America and Asia-Pacific. Asia Pacific is projected to show the highest growth rate compared to other regions in the coming years.
Some of the major companies dominating the market, by their products and services include BASF SE, E.I. Dupont De Nemours and Company, Nutreco N.V., Alltech Inc., Novus International Inc., Perstorp Holding AB, Biomin Holding GmbH, Cargill Inc., Impextraco NV, Kemin Industries Inc.
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Key points from TOC:
Introduction
Research Methodology
Overview
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Strategic Analysis
Market Leaders' Analysis
Competitive Landscape
Market Outlook and Investment Opportunities
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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