Global Animal Feed Additives Market - Analysis, Growth, Trends and Forecast 2013 to 2020 - Analyze Future

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According to the new report added by Analyze Future, the global animal feed additive market, valued at $14.9 billion in 2013, is estimated to reach $20 billion by 2020 -

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Amino acid is the largest revenue-generating segment within the animal feed additives market due to its ability to triggerfaster growth inthe livestock.

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.

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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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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.

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