Global Ruminant Feed Additives Market – Steady Growth, Emerging Technologies, Market Worth, Industry Trends and Forecast

Global ruminant feed additives market was valued at USD 12.65 million in 2021 and is expected to reach USD 21.25 million by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029. “Preservatives” dominates the product segment owing to the rising focus of the feed man

 

In the top notch Ruminant Feed Additives market report, the complete and crystal clear outline of the market is penned down which is useful for many businesses. With this business report not only an unskilled individual but also a professional can easily extrapolate the entire market within a few seconds. TOC, graphs and tables included in the report helps understand the market size, share, trends, growth drivers and market opportunities and challenges. The credible Ruminant Feed Additives business report provides key statistics on the market status of global and regional manufacturers and is a valuable source of guidance and direction for the companies and individuals interested in the industry.

The market research study and research data covered in the consistent Ruminant Feed Additives report makes it a handy resource for managers, analysts, industry experts, and other key people get ready-to-access and self-analyzed study. Estimations about the rise or fall of the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are evaluated in the report. With this market research report clients can focus on the data and realities of the industry which keeps business on the right path. Ruminant Feed Additives market report is the best overview about global industry perspective, comprehensive analysis, size, share, growth, segment, trends and forecast.

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Global ruminant feed additives market was valued at USD 12.65 million in 2021 and is expected to reach USD 21.25 million by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029. “Preservatives” dominates the product segment owing to the rising focus of the feed manufacturer on extending the shelf life of the feed within the market in the above mentioned forecasted period.

Ruminant Feed Additives Market Definition

Feed additives are nutritional supplements that are added to animal-derived goods to improve their quality. They normally include vitamins, minerals, amino acids, and other critical elements that help animals stay healthy and disease-free. Sensory additives that stimulate the animal's appetite, nutritional additives that provide a specific nutrient to the animal, zootechnical additives that maintain the overall nutritional balance in the animal's diet, and coccidiostats that release antibiotics that kill any bacteria in the animal's system are the most common types of feed additives used in animal feed.  The ruminant feed additives are the feed additives for the ruminants. The main feed additives used in ruminant animals are ethoxyquin, terbutyl hydroxyquinone, propyl gallate, butylated hudroxytoluene, metal chelators and reducing agents like ascorbates and sulfites.

Global Ruminant Feed Additives Market Scope

The ruminant feed additives market is segmented on the basis of form, type, source, product, function and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

  • Dry
  • Liquid

On the basis of form, the ruminant feed additives market has been segmented into dry and liquid.

Type

  • Synthetic
  • Natural

On the basis of type, the ruminant feed additives market has been segmented into synthetic and natural.

Source

  • Plant
  • Animal
  • Microorganisms

On the basis of source, the ruminant feed additives market has been segmented into plant, animal and microorganisms.

Product

  • Amino Acids
  • Phosphates
  • Vitamins
  • Acidifiers
  • Carotenoids
  • Enzymes
  • Mycotoxin Detoxifiers
  • Flavors and Sweeteners
  • Minerals
  • Antioxidants
  • Antibiotics
  • Non-protein nitrogen
  • Phytogenics
  • Preservatives
  • Probiotics

On the basis of product, the ruminant feed additives market has been segmented into amino acids, phosphates, vitamins, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, flavors and sweeteners, minerals, antioxidants, antibiotics, non-protein nitrogen, phytogenics, preservatives and probiotics. The preservatives is estimated to register highest CAGR over the forecast period owing to the demand for feed preservatives has increased due to the rising focus of the feed manufacturers on extending the shelf life of the feed. 

Function

  • Single Function
  • Multifunction

On the basis of function, the ruminant feed additives market has been segmented into single function and multifunction.

End-User

  • Dairy Farm
  • Veterinary Hospitals
  • Others

On the basis of end-user, the ruminant feed additives market is segmented into dairy farm, veterinary hospitals and others.

Ruminant Feed Additives Market Share Analysis

The ruminant feed additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ruminant feed additives market.

Some of the major players operating in the ruminant feed additives market are Cargill Incorporated (US), ADM (US), Dupont (US), Corporate.Evonik (Germany), BASF SE(Germany), DSM (Netherlands), Ajinomoto Co., Inc. (Japan), Novozymes (Denmark), Chr. Hansen Holding A/S (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (US), Adisseo (France), Alltech (US), Palital Feed Additives B.V. (Netherlands), Global Nutrition International (France), Centafarm SRL (Italy), Bentoli (US), NUQO Feed Additives (France), and Novus International (US) among others.

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Ruminant Feed Additives Market Regional Analysis/Insights

The ruminant feed additives market is analyzed and market size insights and trends are provided by country, form, type, source, product, function and end-user as referenced above.

The countries covered in the ruminant feed additives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the ruminant feed additives market because of the owing to the rising population, rising per capita consumption of meat all over the globe and the rising adoption of intensive farming methods in the above mentioned forecasted period. Asia-Pacific, on the other hand, is estimated to register a significant growth owing to the presence of a large livestock population and an increase in the number of feed mills and feed production especially in countries such as India and Japan within the region in forecasted period from 2021 to 2029.

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kirsten scott

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