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Global Specialty Feed Additives Market (2017-2022): Boosted by Growth in Global Meat Consumption - Research and Markets

DUBLIN, Dec 07, 2017 (BUSINESS WIRE) --

The "Global Specialty Feed Additives Market - Growth, Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

The global specialty feed additives market is poised to grow at a CAGR of over 5.2% during the forecast period. Specialty feed additives play an important role in maintaining digestive health, enhancing the palatability, and several other functions. They include an array of products such as mycotoxin inactivators, enzymes, flavors, and sweeteners.

The market is significantly influenced by two broad factors: increasing meat consumption and growing concern over the meat quality. Both these factors are particularly prominent in the case of Asia-Pacific and Latin American countries. The rise of urbanized and high-income consumers in these regions is cited as a major reason for this growth. The outbreak of livestock diseases is another factor that influences the market significantly, which is often accompanied by sudden public panic and increased regulations. The public fear as a result of such diseases gets reflected in the increased emphasis on the additives fed to livestock.

The market also faces several constraints that include increasing regulations, more production costs, and low awareness about several product categories. The regulations are particularly strict in the case of the EU. In the Asia- Pacific region, the regulations are undefined or vague and are prone to sudden and rapid changes. The highly competitive nature of the market implies high R&D investments and quick product innovation. Due to these, and other price-related issues, the market is constrained by high production costs.

Companies Mentioned:

Invivo NSA Novozymes A/S Evonik Industries Nutreco Chr. Hansen Holding A/S Biomin Gmbh Alltech Inc. Lucta S.A. Kemin Industries Others

Key Topics Covered:

1. Introduction

2. Research Approach & Methodology

3. Key Findings of the Study

4. Market Overview

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/k3jsnx/global_specialty

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20171207005533r1&sid=cmtx6&distro=nx&lang=en

View source version on businesswire.com: http://www.businesswire.com/news/home/20171207005533/en/

SOURCE: Research and Markets

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Related Topics: Animal Feedstuffs

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