Growing Focus on Dietary Needs of Animals to Boost Middle East & Africa Animal Feed Additive Market
Industrialization of livestock production, growing
preference for protein rich diets and increasing per capita consumption of meat
to boost demand for animal feed additives in Middle East & Africa through
2023.
According
to TechSci Research report, “Middle East& Africa Animal Feed Additive Market By Type, By Livestock, By Country, Competition
Forecast & Opportunities, 2013 – 2023’’, the Middle East & Africa animal
feed additive market is forecast to surpass $730 million by 2023, on the back
of growing livestock production to meet increasing consumption of animal meat
in the region. As consumers are becoming more health conscious, demand for
protein rich and high-quality food is growing, which in turn is driving
manufacturers to use animal feed additives to provide high quality products. Moreover,
adoption of novel technologies for the production of animal feed additives is likely
to have a positive impact on the Middle East & Africa animal feed additive
market.
Browse 16
market data Figures spread through 54 Pages and an in-depth TOC on "Middle
East & Africa Animal Feed Additive Market"
https://www.techsciresearch.com/report/middle-east-and-africa-animal-feed-additive-market/3168.html
On
the basis of livestock, the market has been segmented into poultry, swine, cattle,
aquaculture, among others. Of these categories, poultry dominated the market in
2017 and the trend is anticipated to continue in the coming years as well, on
account of huge consumption of chicken across the MEA region. Iran is the largest
market for animal feed additives in the Middle East & Africa, mainly due to
higher livestock production compared to other countries.
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“As consumer
awareness regarding the danger of diseases in livestock is growing, more and
more manufacturers are boosting the use of animal feed additives to improve the
overall health of animals and birds. Thus, growing focus on the dietary needs
of animals is expected to complement the growth of animal feed additive market
in MEA in the ensuing years.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Middle East & Africa Animal Feed Additive Market
By Type, By Livestock, By Country, Competition Forecast & Opportunities,
2013 – 2023” has evaluated the future growth potential of animal
feed additive market and provides statistics and information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in the Middle East & Africa
animal feed additive market.
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