Animal Feed Additives Market
Animal Feed additives (AFA) will be the materials of nutritional value that are fed into animals. It acts as vitamins for farm critters that get insufficient nutritional elements from regular meals.
The global market for AFA is growing tremendously owing to this growing demand for meat and associated products over the past few decades. Asia Pacific is forecast to lead the worldwide AFA Industry attributed by more range of farm animals in this region. Major subscribers in the Asian market include emerging economies like India and China.
Europe is expected to keep at next place after Asia Pacific in terms of revenue creation. India, China, and Brazil donated around 23 percent share in 2011 in the international industry. This share is expected to climb to 39 percent by 2018. For a good health of animals, you can also use the dried molasses feed.
Increasing demand for protein-rich meat and meat food, industrialization in beef production, rising rate of beef consumption, an outbreak of mosquito diseases, and increasing awareness about beef quality and safety are a few critical things driving the rise of the AFA market.
Regulatory structure and rising cost of raw materials are several significant challenges restraining the growth of this industry. However, rising cost of natural feed products is now creating some opportunities for your AFA.
The Worldwide AFA economy is categorized into two major classes:
- Nutritional feed additives
- Non-nutritional feed additives
Amino acids, minerals, and vitamins fall under the category of supplements while hormones, antibiotics, enzymes, prebiotics and probiotics, immunomodulators, and nourish acidifiers are categorized as the non-nutritional feed additives category. Nutritional feed additives supply essential nutrients in appropriate proportion. This helps in improving the muscular mass at a quicker rate and gain lean beef.