Turkey feed additives market is projected to grow at a CAGR of 5.2% during 2019-25.
Turkey feed additives market has register growth due to increasing livestock population and growing meat consumption as a source of protein and would continue to grow over the coming years. Expanding livestock population and urge in general awareness about animal health would act as the key drivers for the growth of Turkey feed additives market.
The feed additives market in Turkey is cultivating steadily as the focus has geared towards feed additives inclusive products to mitigate the concern of nutritional loss such as unabsorbed fat and protein. Furthermore, the growth of Turkey feed additives market is also driven by factors such as a better awareness of quality feed, the industrialization of the livestock industry, the danger of disease in livestock, and ecological impact of the meat and dairy industry.
By animal type, the Turkey feed additives market is segmented into poultry, cattle, aquaculture, and others. The poultry segment leads the feed additives market owing to the consumer taste preferences. Whereas, different regulatory structures, volatile economies, and the rising cost of operations are some of the key restraining factors for the Turkey feed additives market.
The report thoroughly covers the market by feed type, feed form, and animal type. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Some of the major players in the Turkey feed additives market are Trouw Nutrition, Alltech, Kartal Kimya, DSM and Cargill.
Key Highlights of the Report:
Historical Data of Turkey Feed Additives Market Revenues for the Period 2015-2018