Animal Feed Additives Market Is Expected To Get Us $44.40 Billion By 2025
A research study titled, “Animal Feed Additives Market by Product and Livestock Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the Animal Feed Additives Market is projected to be around $44.40 billion by 2025. The global animal feed additives market was worth USD 29.09 billion in 2016 and is prognosticated to be nearly USD 44.40 billion by 2025, growing at a compound annual growth rate (CAGR) of 4.81% during the forecast period. A feed additive is known as a food supplement and contains minerals, fatty acids, vitamins and amino acids that are used for farm animals that do not get sufficient nutrients form regular meals provided by the farmers. In certain cases animals may not grow properly if they do not have specific nutrients in their diet. The value of nutri tion in animal feeds is influenced by various factors like presentation of feed, impact of intestinal health, digestibility and hygiene along with its nutrient content. The cost of these quality feeds is high due to which many of the farm animal’s diet con tain soybean, wheat and maize. These feeds additives are extremely helpful in improving the weight of