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 Years: 2013 – 2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019 – 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.
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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 North
America animal feed
additive market, primary research surveys were conducted with animal feed
additive manufacturers, suppliers, distributors, wholesalers and end users.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research was able to include manufacturers that
could not be identified due to the limitations of secondary research. Moreover,
TechSci Research analyzed various end user segments and projected a positive
outlook for North America animal feed additive market over the coming years.
TechSci Research calculated the
North America animal feed additive market size using a bottom-up approach, wherein
manufacturers’ value sales data for different types was recorded and forecast
for the future years. TechSci Research sourced these values from industry
experts and company representatives and externally validated through analyzing
historical sales data of respective manufacturers to arrive at the overall
market size. Various secondary sources such as company websites, association
reports, annual reports, etc., were also studied by TechSci Research.
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.
Report Scope:
In this report, the North
America animal feed additive market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
Market, by Type:
- Amino Acids
- Minerals
- Vitamins
- Enzymes
- Others
- Market,
by Livestock:
- Poultry
- Swine
- Cattle
- Aquaculture
- Others
- Market,
by Country:
- United States
- Mexico
- Canada
- Rest of North America
Competitive Landscape
Company Benchmarking: Benchmarking of
leading players on the basis of product type offered by them.
Company
Profiles: Detailed analysis of major companies operating in the North
America animal feed
additive market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
Following customization options are available for the report:
Channel Partner Analysis
- Detailed list of distributors and dealers
across the North America region.
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
In case you can’t find what you are looking for,
then please get in touch with our custom research team at
[email protected]