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Animal Feed & Feed Additives Market

Animal Feed & Feed Additives Market
Feed additives are now one of the coherent parts of the worldwide rising meat production industry. For improvising the overall growth of the animals, feed additives are mixed with the basic feed mix. Feed additives acts as a catalyst in improving rate of weight gain, prevention of diseases in animals, prevents vitamin deficiencies and improves feed digestion and conversion, thereby improving the quality of meat production. Feed additives are normally used in small quantities for e.g. in injectable, pellets, liquids and powder form. The dosage of the feed additives differs from animal to animal. Processed meat consumption is rising With rising consumer awareness regarding quality and safety of meat due to recent livestock disease outbreaks combined with increasing meat consumption, the demand for animal feed additives has spiraled substantially. In 2018, Brazil, India, and China collectively held 23% of the global animal feed additives market and will likely contribute 39% in 2026.

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