Global Animal Nutrition Market is growing with factors such as grow in awareness regarding animal health, increase in demand for meat and its by-products, rising nutritional requirements of existing livestock, the rise in disposable income is increasing the consumption of animal-based products act as a major factors for the growth of the market.
However, disrupted supply chain due to COVID-19 and high R&D cost for developing high-quality animal nutrition has decreased the demand of the market.
Global Animal nutrition Market Scenario
According to Data Bridge Market Research, the market for global animal nutrition in Asia-Pacific has the highest market share, followed by Europe and North America. Market leader is DSM which accounts an estimated market share of approximately 15.75% in the global market. The company has gained funding for research and development of Animal nutrition.
- In September 2021, DSM created separate animal nutrition and health division to focus on products for animal products in sustainable way. The new unit incorporates products such as carotenoids and vitamins. This development helped the company to focus on animal health and provide best solutions and also in gaining more revenue
Trends Impacting the Market
Now the question is which other regions DSM, Cargill, Incorporated, Alltech are targeting? Data Bridge Market Research has forecasted a large growth in global Animal nutrition market and the market leaders targeting India and Japan to be their next pocket revenue for 2021.
The Animal nutrition market is becoming more competitive with companies like DSM, Cargill, Incorporated, Alltech. These are the top dominating companies in Animal nutrition market and have launched new products, services and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global Animal nutrition market.
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Animal nutrition Market Developments
- In September 2019, Cargill, Incorporated revamped its animal-nutrition unit and created new business group called Cargill Health Technologies, which focuses on digestive health and immunology of farm animal. This reorganisation helped the company to grow the business of animal nutrition by responding to growing concerns among consumers and farmers over animal health and wellness
- In October 2020, Alltech partnered with Pennsylvania National Horse Show to supply their Lifeforce premium equine supplements for 2021, horse show. This partnership provided a platform to the company to promote their products and eventually gain more revenue
Scope of the Animal nutrition Market
Global animal nutrition market, Type (Amino Acids, Enzymes, Carotenoids, Fiber, Antioxidants, Lipids, Fatty Acids, Medicated Feed Additives, Minerals, Vitamins, and Others), Feed Type (Poultry Feed, Swine Feed, Ruminant Feed, Pet Food, and Others), End User (Feed Manufacturers, Veterinarians, Pet Food Manufacturers, Livestock Farmers, and Others), Country (U.S., Mexico, Canada, Germany, U.K., Italy, France, Spain, Sweden, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, China, Australia, Japan, South Korea, Singapore, Malaysia, Indonesia, Philippines, India, Thailand, Rest of Asia-Pacific, South Africa, Saudi Arabia, UAE, Kuwait and rest of Middle East and Africa, Brazil, Argentina, rest of South America) Industry Trends and Forecast To 2028
- All country based analysis of the global animal nutrition market is further analyzed based on maximum granularity into further segmentation. on the basis of type, the global animal nutrition market is segmented into amino acids, enzymes, carotenoids, fiber, antioxidants, lipids, fatty acids, medicated feed additives, minerals, vitamins, and others. On the basis of feed type, the global animal nutrition market is segmented into poultry feed, swine feed, ruminant feed, pet food, and others. On the basis of end user, the global animal nutrition market is segmented into feed manufacturers, veterinarians, pet food manufacturers, livestock farmers, and others.
To know more about the study https://www.databridgemarketresearch.com/reports/global-animal-nutrition-market
Key Pointers Covered in Animal nutrition Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and over view of Animal nutrition market
- Company profiling of top eight players of Animal nutrition market
Key Market Competitors Covered in the Report
- Cargill, Incorporated
- DSM
- Kemin Industries, Inc.
- Alltech
- Phibro Animal Health Corporation
- Mercer Milling Company, Inc.
- Rossari Biotech Limited
- ADM
- Aries Agro Limited
- Avitech Nutrition Pvt. Ltd.
- Advanced Enzyme Technologies
- Zoetis
- Glanbia plc
- DuPont (IFF Nutrition & Biosciences)
- Zinpro Corp.
- NOVUS INTERNATIONAL
- BENEO
- Norvite
- Biovet, S.A
- Bluestar Adisseo Co., Ltd.
- Balchem Inc.
- Vetoquinol S.A.
- Novozymes
- EW Nutrition
- BASF SE
- Chr. Hansen Holding A/S
- Brenntag Latvia, SIA
- Azelis
Above are the key players covered in the report, to know about more and exhaustive list of Animal nutrition companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-animal-nutrition-market
Research Methodology: Global Animal nutrition Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Animal Nutrition Product Manufacturer, Veterinarians, Pharmaceutical, and Biotechnological Researchers and others
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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- Global Animal Feed Market - Industry Trends and Forecast to 2027
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- Global Non-GMO Animal Feed Market - Industry Trends and Forecast to 2026
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