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Rising Consumption of Meat and Dairy Products to Propel Feed acids Market
by poojap123 · June 18 Ricky Vaughn Indians Jersey , 2019

CAGR between the forecast duration from 2013 to 2019. With this pace, the market is forecasted to rise from US$1,162.3 mn in 2012 to US$1,779.3 mn by the end of 2019.


On the basis of its type, the segment of amino acids is anticipated to witness utmost demand against the other segments in the forthcoming years. This could be attributed to the exponential rise in the consumption of animal feed additives on account of the surge in prevalence of nutritional deficiencies in animals. Among the geographical divisions Manny Ramirez Indians Jersey , North America and Europe led the global feed acids market in 2012, as they held nearly 60% of the overall market share cumulatively.


Across the globe, there has been a surge in the consumption of meat and products. This requires fast growth of livestock, which is instrumental in promoting the market for feed, and in turn Eddie Robinson Indians Jersey , feed acids. With the implementation of strict regulations against the use of antibiotics, hormone growth promoters, and some other chemical substances the global feed acids market is anticipated to witness an augmented demand in the forthcoming years.


Rising awareness regarding animal health in dairy and meat industry and swaying consumer inclination towards consumption of food products with lower chemical inputs, toxicity and growth hormones encourage the use of feed acids as growth promoters in feeds for livestock. The effectiveness of acidified feed for the containment of livestock endemic outbreaks further drive the demand for feed acids. The growing focus on maintaining prime quality of diary and meat products are driving the livestock industry to focus on health of the animals which is further fuelling the global market for feed acids over the period of forecast.