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The United States feed additives market is currently witnessing moderate growth. Feed additives are dietary supplements that are formulated by combining essential nutrients and used to improve the animal’s health and metabolism. They enhance the quality and performance of the animals and ensure their efficient growth and reproduction. Some of the common feed additives include feeding attractants, immunostimulants, probiotics, acidifiers, and essential oils.
The United States represents one of the largest food additives market globally. The growing poultry and livestock population reared for processed meat is the primary factor driving the growth of the market. Additionally, increasing knowledge among farmers about the nutrient requirements for improved animal growth has also facilitated the market growth. Besides this, there has been an increasing number of livestock disease outbreaks, due to which the Government of the United States has undertaken initiatives to prohibit the use of antibiotics as growth promoters in animals, which in turn has increased the sales of good quality feed additive. Moreover, altering consumer lifestyles, rising meat consumption and development of newer techniques, such as lipid encapsulation, nano-emulsification and bioavailability enhancement, are some of the other growth-inducing factors. On account of these factors, IMARC Group expects the market to exhibit moderate growth in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States feed additives market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, source, product type, livestock and form.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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