LONDON, Oct. 14, 2014 /PRNewswire/ -- This BCC Research report explores present and future strategies within the animal feed market, which includes the different types of compound feeds and feed additives. The improving market, the setbacks and the needs of the market are discussed in this report through 2018, with five-year CAGR projections from 2013 to 2018. The comparisons, usage, and the advantages and disadvantages of different types of animal feeds and feed additives are also detailed. Revenues are broken down by region as well as by the type of feed and feed additive. The report also covers significant patents and their allotments in each category.
Use this report to:
- Receive an overview of the current and future characteristics of the global market for animal feed and feed additives.
- Receive information on the comparisons, usage, and the advantages and disadvantages of different types of animal feeds and feed additives.
- Receive information on the regulatory environment of the industry.
- Receive information on industry structure and new product developments.
Highlights
- The global market for animal feed totaled about $99.7 billion in 2012, and sales reached about $106 billion in 2013. At a 6.4% compound annual growth rate (CAGR) from 2013 to 2018, the global animal feed market is expected to rise to almost $144.4 billion in 2018.
- Compound feed, as a segment, is projected to increase from $85.6 billion in 2013 to about $117.8 billion by 2018, a CAGR of 6.6% for the period of 2013 to 2018.
- Feed additives, as a segment, is projected to increase from $20.4 billion in 2013 to $26.6 billion by 2018, a CAGR of 5.4% for the period of 2013 to 2018.
INTRODUCTION
STUDY OBJECTIVES
BCC Research's goal in conducting this study is to provide an overview of the current and future characteristics of the global market for animal feed and feed additives. The
key objective is to present comprehensive analysis and future direction in the animal feed and feed additives market as an important tool for the usage of these animal
feeds and feed additives. This report explores present and future strategies within the animal feed market, which includes the different types of compound feeds and feed additives. The improving market, the setbacks and the needs of the market are discussed in this report. The comparisons, usage, and the advantages and disadvantages of different types of animal feeds and feed additives are also detailed in this report.
An analysis of the animal feed and feed additives structure has been conducted. Revenues are broken down by region as well as by the type of feed and feed additive.
Sales figures are estimated for the five-year period from 2013 through 2018. Applications and uses for animal feed and feed additives are also discussed separately
in the report, with an emphasis on the nutritional aspect of the different types of feed and feed additives. The report also covers significant patents and their allotments in
each category.
REASONS FOR DOING THIS STUDY
Extensive research in the field of animal feeds and feed additives has revealed that today's manufacturers face a rapidly changing and highly demanding global
competitive environment. Manufacturers of animal feed and feed additives are experiencing an overall growth in the market as improved standards of living and
increased disposable incomes leads to an overall increase in consumption of meat products.
R&D spending, along with increasing competition, patent expiries and new technologies are positively affecting the market. The overall revenue for the market
increased from 2011 to 2013 due to new advancements, new product launches and changing lifestyles, which will influence the market to grow in the foreseeable future.
This study looks at almost all the systems affected by these factors. Acquisition strategies and collaborations by companies are also covered in this report. This study also discusses the strengths and weaknesses of each type/ technology in light of the new technologies, growing competition and changing customer needs.
INTENDED AUDIENCE
This study contributes to the areas of market growth in the animal feed and feed additives market, which includes manufacturers and users of animal feed and feed
additives including the poultry feed market, cattle feed market, aquaculture feed market, horse feed market, pet food market and other feed additives market. Animal
hygienists, some biotechnical companies, animal nutrition manufacturers and research institutes will find this study to be of interest.
SCOPE OF THE STUDY
The scope of this study encompasses animal feed and feed additives in the pharmaceutical and biotechnology markets. BCC Research analyzes each market and its applications, regulatory environment, technology involved, market projections and market share. Technological issues include the latest trends and developments. The
following markets were studied: the North America region, which includes the United States, Canada, Mexico and Cuba; the European, Middle East and Africa region, usually
abbreviated as EMEA, which includes all European nations, all African nations and extends east to Iran and includes Russia; and the Asia-Pacific region, which includes
Australia, Japan, India, China, Sri Lanka, Thailand, Malaysia, Mauritius and Singapore.
METHODOLOGY
BCC Research conducted a comprehensive literature search, which included technical newsletters and journals, and many other sources. Data were collected through
interviews and correspondence with manufacturers of animal nutrition technical experts. Projections were based on estimates such as the current number of end users,
potential end users, mergers and acquisitions, and market trends.
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