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COVID-19 Impact on Global Animal Feed Additives Market Growth By Manufacturers, Countries, Types And Application, End Users And Forecast To 2027
iCrowd Newswire
06 May 2021, 05:47 GMT+10
The global animal feed additives market was valued at USD 34.01 billion in 2019 and is expected to reach USD 48.21 billion by 2027, growing at a CAGR of 4.63% from 2020 to 2027.
Animal feed additives are the extra nutrients or drug for livestock. Feed additives consists amino acids, fatty acids, pharmaceuticals, steroidal compounds, vitamins, minerals, and fungal products. Animal feed is used for digestibility or intestinal health of animal, and to maintain hygiene of animal.
Increase in meat consumption is expected to boost the global animal feed additives market growth. Furthermore, rise in industrial livestock production will have the positive impact on global animal feed additives market growth. Moreover, increase in developments in veterinary medicines is expected to global animal feed add
Latest Superior and comprehensive Market Research Report (2021-2026)
Global fatty acids market is registering a healthy CAGR of 13.08% in the forecast period of 2019-2026. Rising awareness towards consuming sustainable products owing to rising health consciousness is the major factor for the growth of the market.
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Fatty Acids Market, helps to know that how the market is going to perform in the forecast years by giving information about market definition, classifications, applications, and engagements. Market segmentation is also covered in detail by considering several aspects that is sure to help businesses out there. A team of multi-lingual analysts and project managers is skilled to serve clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportuni