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Animal Nutrition Market is Expected to Generate a Revenue of 18,883.3 Million USD by 2020 – IndustryARC Research

Growing awareness among the producers driving animal nutrition market growth globally; estimated to reach $ 18,883.3 Million by 2020.

The Report “Animal Nutrition Market – By Nutrient Type (Amino Acids, Minerals, Vitamins, Lipids, Eubiotics, Enzymes and Carotenoids), By Livestock (Ruminant, Poultry, Aquaculture, Swine, Equine, Pets and Others), By Administration Method (Oral, Topical and Injection) and By Geography (2015 – 2020)”, published by IndustryArc, estimates the market to reach $18,883.3 Million by 2020 

Growing population has led to increased demand for food resulting in need of raising animals of high genetic merit in optimum conditions. Farmers expect safe, healthy and sustainable feed for their livestock. Animals that receive improper nutrition are vulnerable to health and reproductive problems and prove to be less productive and marketable. Thus to ensure profitability in agricultural operations animal nutrition is of high significance. The animal nutrition market is segmented into livestock, nutrient type, administration method and geography.  Global animal nutrition market is estimated to grow at a rate of 5.4% CAGR to reach $18,883.3m by 2020.

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The rapidly increasing industrialization of meat production is fostering unhygienic growing practices among few famers to cut down operation costs. The risk for disease outbreaks is increasing due to mal practices such as cramping animals in cages, supply of substandard feed, lack of proper health checks and preventive measures. These outbreaks are threat to livestock breeding industry and hampering animal growth, financial loss and also hazardous to human health. Use of feed enzymes in feed protect the livestock from such outbreaks and ensure healthy growth. Growing awareness have created a need for medical assistance in livestock breeding industry driving demand for animal nutrition products which includes nutrients such as vitamins, minerals and amino acids.

Amino Acids holds the major share in global animal nutrition market in the nutrient type segment as they are essential and integral part of feeding regime. They act as a substitute to feed protein sources reducing nitrogen excretion and minimize greenhouse gas emissions. Eubiotic is estimated to be the fastest growing during the forecast period due to strong demand. Swine animal nutrition market is projected to be the fastest growing during 2015-2020. Growing cases of outbreaks is set to increase the demand for high quality meat and thus force producers to opt for animal nutritional products. Oral administration method is estimated to hold the highest share in global animal nutrition market in administration method segment in 2015. Asia-Pacific is the dominant market for animal nutrition and is estimated to reach $5,970.1m by 2020 at a rate of 6.8% CAGR.

The Major Players in Animal Nutrition Market Include

Animal Nutrition market is consolidated with the presence of key global players. High quality, tailor made products, and ease of administration are the major factors manufacturers are considering in the development of new animal nutrition products.  Frequent product launches, acquisitions and expansion are few of the growth strategies the key players in the industry are striving to increase their market share.

Various end-use applications included in the report are:

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. 

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Related Reports of Your Interest:

“Animal Feed Testing Market: By Type (Pet Food, Forages, Equine Feed, Poultry Feed, Premixe, Medicated Feed) Testing Type (Proximate Analysis, Pathogen Testing, Drugs, Antibiotics, Pesticides, Fertilizers, Metals, Minerals, Others)-Forecast 2015-2020”:
http://industryarc.com/Report/37/global-animal-feed-testing-market.html

 “Animal Feed Additive Market Analysis: By Type (Technological & Zoo technical feed additives, Nutritional Feed Additives, and Sensory Feed Additives), By Livestock (Swine, Poultry, Cattle, Aquaculture and Others) – With Forecast (2015 – 2020)”:
http://industryarc.com/Report/226/Animal-Feed-Additives-Market-Research-Report.html


About IndustryARC:

IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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“Animal Nutrition Market Share, By Nutrient Type, 2015 (%)”

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