Portland, Oregon (PRWEB UK) 16 June 2014
Analyze Future publishes a report titled "Animal Feed Additives Market (Product, Livestock, Geography) - Global Industry Size, Analysis, Growth, Trends, Share, Opportunities and Forecast 2013 – 2020."
The report forecasts the global animal feed additives market to be valued at $20 billion, and grow at a CAGR of 4.2% from 2013 to 2020. The key driving factors for the market are rise in global meat consumption and demand for high nutritional meat.
To view the complete report visit at http://www.analyzefuture.com/animal-feed-additives-market
Animal feed additives improve the quality of animal meat. Therefore, animal feed additives are in great demand in regions such as Asia Pacific and LAMEA (Latin America, Middle East and Africa). The demand is due to rising need for quality meat products, increased meat production and export. However, disparities in rules and regulations around the globe would have a negative impact on the animal feed additives market.
Amino acid is the largest revenue-generating segment within the animal feed additives market due to its ability to foster significant growth in the livestock segment. Lysine is the most popular amino acid that is used as feed additive. It has a sizeable share of about 70% in the amino acid feed additives market. Tryptophan, Methionine and Threonine are other major amino acid feed additives.
In terms of the livestock market, the report segments the animal feed additive market into pork, seafood, cattle and poultry. Due to rising demand for poultry in developing nations, it generates maximum revenue.
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UHT milk is fresh milk that is processed in a very high temperature, pasteurized in a very less time, and then packaged in pre-sterilized containers without addition of any preservatives. The advantage of UHT milk is its long shelf life period of 6-9 months, which is also the USP of this product. In addition to that, it can be stored in room temperature without refrigeration until the packet is opened. The increasing apartment culture of consumers with limited refrigeration space leads them towards the purchase of UHT milk as it has a long shelf life. In addition, rising household income promotes consumers to show their interest towards the premium products such as UHT milk.
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Based on geography, the market is divided into North America, Europe, Asia Pacific and LAMEA. In terms of revenue generation, Asia Pacific is anticipated to lead the global animal feed additives market through 2020, due to the rising demand for meat and lenient government regulations in the region. The European region on the other hand would register the highest CAGR during the forecast period.
Browse all food and beverages market report at http://www.analyzefuture.com/food-&-beverages-market-report
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