LONDON, April 25, 2016 /PRNewswire/ -- Nutrition is the basis of livestock production and proper nutrition is necessary for achievement of high and sustained livestock productivity. During the last four decades a number of animal-nutrition-based technologies and practices have been developed and applied both on-station and on-farm in developing countries, with varying degrees of success. Some of the technologies used for processing and feeding have been beneficial and widely used; while others have shown potential at research level but were not commercialized. Global animal nutrition market is estimated to grow at a CAGR of 5.4% to reach $18,883.3m by 2020.
The report analyzes the animal nutrition market by livestock, nutrient type and administration method. Livestock types covered in the report are ruminant, poultry, aquaculture, swine, equine, pets and others. Animal nutrition products for swine are estimated to grow at highest CAGR. The animal nutrition market is also segmented by type of nutrients such as amino acids, minerals, vitamins, lipids, eubiotics, enzymes and carotenoids. This report highlights the administration methods for animal nutrition products such as oral, topical and injection. The report estimates the size of the global market in terms of value ($million).
The report provides a comprehensive regional analysis of Asia-pacific, Europe, North America and Rest of the World. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the animal nutrition market and future opportunities are provided in the report. This report on the global animal nutrition market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the market. The report profiles eleven key players of the animal nutrition market.
The key players involved in animal nutrition market are
Cargill Inc. (U.S.),
BASF SE (Germany),
Archer-Daniels-Midland Company (U.S.).
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