North America animal feed additive market stood at $ 1.74 billion in 2017 and is projected to reach $ 2.26 billion by 2023, owing to growing consumption of meat as a source of protein. Moreover, technology innovations, increase in livestock production and intense use of animal husbandry for crop production due to shortage of water in the region are among the key factors anticipated to aid the animal feed additive market. Increasing preference for processed food and alarming necessity to improve food security is driving the aquaculture sector, which in turn is anticipated to positively influence the region’s animal feed additive market in the coming years.
Years Considered for this Report
Historical Years2013 – 2016
Base Year2017
Estimated Year2018
Forecast Period2019 – 2023
Objective of the Study
- The
primary objective of the study is to evaluate and forecast the size of North
America animal feed additive market.
- To
categorize the market on the basis of type, livestock and region.
- To
understand major policies and regulations which can positively or
negatively impact North America animal feed additive market.
- To
identify major drivers, challenges and trends in North America animal feed
additive market.
- To
identify and profile major companies operating in North America animal
feed additive market.
Click here to download the brochure
Some of the major players operating in North America animal feed additive market are DSM Nutritional Products, Inc., Evonik Corporation, DowDuPont Inc., Adisseo USA Inc., BASF Corporation, Cargill, Incorporated, Lonza Inc., Archer Daniels Midland Company, Novozymes North America, Inc., Chr. Hansen Inc., etc.
To extract data for
calculated the
Key Target Audience
- Animal feed additive manufacturers, suppliers,
distributors and other stakeholders
- Major end users of animal feed additives
- Organizations, forums and alliances related to
animal feed additive market
- Government bodies such as regulating
authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as animal feed additive manufacturers, customers and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.
