In the reliable Compound Feeds and Additives Market report, complete and crystal clear outline of the market is penned down which is useful for many businesses. The info included in the document helps businesses know how patents, licensing agreements and other legal restrictions affect the manufacture and sale of the firm’s products. Examination of major challenges faced currently by the business and the probable future challenges that the business may have to face while operating in this market are also considered.
The attention on the overwhelming players Hi-Pro Feeds LP, Kent Corporation, Alltech., Prestage Farms., Mercer Milling Company, Inc., Kalmbach Media Co., Tyson Foods, Inc., Alan Ritchey, Inc., LMF FEEDS, INCORPORATED, Star Milling, White Oak Mills, The Wenger Group, Orangeburg Milling Company, Cargill, Incorporated., Purina Animal Nutrition LLC. and others.
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The compound feeds and additives market is expected to be growing at a growth rate of 9.08% in the forecast period of 2021 to 2028. The growing working population in urban areas will act as a driving factor to the growth of the compound feeds and additives market.
Compound feed is a combination of several raw materials and food additives that are combined and assorted to meet the precise necessities of animals. Feed additive is an enhancement that is organised for the farm animals, in order to deliver them with adequate nutrient content.
Factors such as the upsurge in the need and ingestion of the livestock-based products, the development in the feed production, the increase in the alertness about the feed quality, the standardization of the meat products because of the disease outbreaks, the application of the advanced animal husbandry practices to improvise the meat quality are expected to boost the growth of the compound feeds and additives market in the forecast period.
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Conducts Overall COMPOUND FEEDS AND ADDITIVES Market Segmentation:
Key Developments in the Market:
- In July, 2018, De Heus acquired compound feed plant in Serbia. With this new plant in Serbia, De Heus would strengthen and magnify its leading position in the market, meeting the high demand for quality cattle, poultry and pig feeds. This purchase would pave the way for DeHeus to prosper in its business expanding their business lines and better meeting the demand of consumers.
- In October, 2017, Integral Animal Nutrition, a cattle feed producer company was taken over by Cargill, an American agribusiness company. This purchase is a path towards the growth of its beef business in Brazil and a step to make their supply chain more powerful. They would be able to better serve their customers by providing new and innovative solutions.
Key Focus Areas in the Report:
Compound Feeds and Additives Market Size and Forecast 2020 – 2026
Impact of COVID-19 on the demand and supply in the Compound Feeds and Additives Market
Major Developments in the Compound Feeds and Additives Industry
Market Dynamics Impacting the Compound Feeds and Additives Industry
Competitive Landscape of Compound Feeds and Additives Industry
The positioning of Major Market Participants in the Compound Feeds and Additives Industry
Key Market Trends and Future Growth Prospects of the Compound Feeds and Additives Market
Compound Feeds and Additives Market Revenue and Forecast, by Type, 2021 – 2028
Compound Feeds and Additives Market Revenue and Forecast, by Application, 2021 – 2028
Compound Feeds and Additives Market Revenue and Forecast, by End-use, 2021 – 2028
Compound Feeds and Additives Market Revenue and Forecast, by Geography, 2021 – 2028
Browse Table of Content with Facts and Figures of Market Report at https://www.databridgemarketresearch.com/toc/?dbmr=global-compound-feeds-and-additives-market&SB