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The Asia Pacific feed additives market is expected to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Feed additives refer to ingredients that are made using essential nutrients like feed attractants, immunostimulants, probiotics, acidifiers and essential oils. They are used to improve the health and metabolism of animals and affect their various physiological processes like immune function, stress resistance and reproduction. Feed additives facilitate growth and efficient reproduction in animals, which results in improved food safety and minimized waste. In recent years, there has been a considerable demand for feed additives in the Asia Pacific region as they are used to improve the shelf-life of the feed due to the presence of various lipid and fat components in them.
The Asia Pacific region is currently dominating the global feed additives industry based on seafood consumption and aquafeed utilization, with China being the leading country. This has led to a rise in the sales of animal-derived products like meat, milk and eggs. Besides this, the increasing usage of feed additives by farmers to prevent disease outbreaks in livestock and improve the nutritional content of the animal-derived products for human consumption is driving the market in the region. They also support in realizing high production and efficiency while maintaining the well-being of the livestock and developing product’s quality and safety. Moreover, the top players in this region are expected to discover new feed additives, which will perform multiple functions in stimulating the fish production capacities, in the upcoming times.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific feed additives market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on source, product type, livestock and form.
Breakup by Source:
Breakup by Product Type:
Breakup by Livestock:
Breakup by Form:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Source, Product Type, Livestock, Form, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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