The India feed additives market was valued at US$ XX Mn in 2017 and is expected to reach US$ XX Mn by 2022 growing at a CAGR of XX% during the forecast period. Feed additives are food supplements for farm animals to compensate for the lack of certain nutrients from regular meals and improve their health. The nutritional values of such animal feeds are influenced by their nutrient content, feed presentation, hygiene, digestibility, effect on intestinal health etc.
The end users are primarily the farms houses, animal breeders and researchers.Market Dynamics
The following factors are significant in deciding the fate of the market:
--> The market has been growing promisingly fuelled by several favourable factors like favourable demographics, higher disposable incomes, growth in the end user industries etc.
--> High population and hence a high demand for quality meat has been the most important driver.
--> Various govt. liberalization policies, investments by foreign companies and tax relaxations for the agricultural sectors have helped the market.
--> High cost of these products and lack of knowledge about these products in the backward regions of the country are the major challenges faced by this market.
--> Regulatory bans and restriction over certain products due to environmental concerns are also affects the market negatively.
The market in India still has a lot of untapped potential. Investing and developing the same would go a long way in a healthy progress of the industry.Market Segmentation
The market can be segmented into the following categories:
Based on feed additives consumption in different livestock:
> Aquatic animals
Based on type:
> Nutritional Feed Additives
> Medicinal Feed AdditivesGeographic Analysis
India is the current global leader in the market. It is also the fastest growing market.Key Players
Some of the key players in the market are:
--> Cargill Inc.
--> Charoen Pokphand Foods
--> Archer Daniels Midland Company
--> Nutreco N.V.Report Contents
-- >> India Feed Additives Market Segments
-- >> India Feed Additives Market Drivers, Restraints and Opportunities
-- >> India Feed Additives Market Size & Forecast 2016 to 2022
--> Supply & Demand Value Chain
-- >> India Feed Additives Market Current Trends
--> Competition &Major Companies
and R&D Status
--> Porters Five Force Analysis
--> Strategic and Critical Success Factor Analysis of Key Players
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology
> Extensive Industry Structure Coverage
Publisher Name : Market Litmus