India Feed Additives Markets, 2015-2018 & 2019-2024 - Major Players are Cargill, Alltech, Archer Daniels Midland, Vetbiochem and BASF - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 14, 2019--
The “India Feed Additives Market (2019-2025): Market Forecast by Types (Nutritional, Technological, Zootechnical and Sensory), by Feed Form (Liquid and Dry), by Animal Type (Poultry, Ruminants, Aquaculture, Swine and Others) and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
India feed additives market is projected to grow at a CAGR of 8.1% during 2019-25
The feed additives market in India has registered a compelling growth in the past decade as the country is trying to become more self-reliant and sustainable in the feed industry, owing to an increase in the outbreak of diseases.
Moreover, the imminent growth of India feed additives market would be driven by factors such as industrialization of the livestock industry, low feed conversion ratio, regressing gut health, and ecological impact of the meat and dairy industry.
India feed additives market has been witnessing robust growth in recent years due to the installation of new feed mills and the adoption of new technologies. The demand for good quality meat is expected to grow further at a significant rate in India which would lead to an increase in the market size of feed additives over the coming years.
Additionally, expanding the livestock population as well as a surge in incidences of animal diseases would accelerate the growth of India feed additives market during the forecast period.
By animal type, the India feed additives market is segmented into poultry, cattle, swine, aquaculture, and others. The poultry segment acquired the largest market share in India due to consumer taste preferences. Nevertheless, ruminants acquired the second largest market share despite the country wide ban on the beef industry as the dairy industry accounts for most of the feed market revenue.
Some of the major players in the India feed additives market include Cargill Inc., Alltech Inc., Archer Daniels Midland Company, Vetbiochem India Private Ltd. and BASF India Ltd.
Key Highlights of the Report
India report provides a detailed analysis of the following market segments:
By Feed Form
By Animal Type
For more information about this report visit https://www.researchandmarkets.com/r/8tbghh
View source version on businesswire.com:https://www.businesswire.com/news/home/20191014005392/en/
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KEYWORD: INDIA ASIA PACIFIC
INDUSTRY KEYWORD: AGRICULTURE NATURAL RESOURCES
SOURCE: Research and Markets
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PUB: 10/14/2019 09:01 AM/DISC: 10/14/2019 09:01 AM