Animal Feed Additives Market Forecast (2023-2028)
The Animal Feed Additives Market size is estimated to reach $26.3 billion by 2028 with a CAGR of 2.6% over the forecast period of 2023-2028. Feed additives such as #prebiotics #probiotics #enzymes and antioxidants are products used in #animalnutrition to improve the quality of #feed and #food from #animals
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It also improves the animals' performance and health by providing enhanced digestibility of feed materials and acting as an add-on for farm animals that receive insufficient nutrients from regular diets. #animalfeed #additives market growth was primarily fueled by factors such as rising demand for meat and dairy products that are high in protein, industrialization of meat production, rising meat consumption, animal disease outbreaks and rising consumer awareness of the safety and quality of meat.?
Major Key Players : ?BASF?|?ADM?|?DSM Animal Nutrition & Health?|?Evonik?|?Chr.Hansen?|?Cargill?|?DowDuPont?|?Novozymes?|?Nutreco?|?Adisseo NCA?|?Kemin Industries?|?Olmix Group?|?Alltech?|?Biominas Brasil?|?Ajinomoto Co., Inc.?|?Nutreco?|?Palital Feed Additives?|?ALIPHOS - Most global Inorganic Feed Phosphates producer?|?Phibro Animal Health