Global Animal Feed Market 2015-2019 - Rise in Global Meat Production and Consumption Is a Key Market Driver

Aug 12, 2015, 09:10 ET from Research and Markets

DUBLIN, Aug. 12, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/6h2xbz/global_animal) has announced the addition of the "Global Animal Feed Market 2015-2019" report to their offering.

With the increase in demand for meat, producers are purchasing feed with added growth promoters and performance-enhancing ingredients to increase meat production. The feed enzymes market is gaining significance as it helps in better feed conversion by the animal, increases the rate of biochemical reaction, improves feed quality, and contributes to the animal's welfare. These enzymes are added to swine, poultry, cattle, and aqua feed to enhance production efficiency. The growing concerns of disease outbreak among animals is one of the major factors driving the demand for animal feed enzymes.

According to the report, the increase in production of animal feed is driven by the rise in meat consumption. Worldwide, the per capita meat consumption is 87.7 pounds per annum. The increased per capita global consumption of meat is because of an increase in the overall population, which is driving the global animal feed market, increasing the production capacity and supply in the market. Animal feed is the foundation of nutrition intake in animals, thus yielding high-quality animal products.

The global animal feed market can be segmented into five divisions based on livestock: Poultry, swine, ruminant, aquaculture, and others. The major ingredients in poultry diets include cereals, fats and oils, which provide the protein and energy required for poultry to maintain health, and produce eggs.

The authoranalysts forecast the global animal feed market to grow at a CAGR of 4.92% during 2014-2019.

Key Regions

  • APAC
  • Europe
  • North America
  • Latin America
  • MEA

Key Vendors

  • Alltech
  • Balchem
  • Cargill
  • Kemin Industries
  • Novus International
  • Nutreco

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Global Animal Feed Market

07. Market Segmentation by Ingredient

08. Market Segmentation by Livestock

09. Geographical Segmentation

10. Key Leading Countries

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Trends and their Impact

18. Vendor Landscape

19. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/6h2xbz/global_animal

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets



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