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Japan Feed Additives Market

  • Published Date: 03 Feb 2018
  • Number of Pages: 146
  • Category: Agriculture
  • Country: Japan
By 2022, the Japan Feed Additives Market is estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. Healthy animals require sufficient quantity of carbohydrates and proteins in addition to the necessary vitamins and dietary minerals. These nutrients are added to the animal diet as feed additives. Poultry feed is mainly comprised of carbohydrates, proteins, and fats. Carbohydrates are the major source of energy and constitute the largest component of animalfeed, followed by plant proteins and animal protein sources. Feed additives are included in the poultry feed to improve the animals growth efficiency and birds egg-laying capacity, prevent diseases, and boost feed utilisation. Additives such as flavour enhancers, artificial and nutritive sweeteners and colours, among others, are added to the animal diets to enhance quality.

Market Dynamics

In the recent years, Japan has seen a steady growth in the demand for feed additives, primarily driven by increasing meat consumption, rising concern over its quality and safety, growth in consumer spending levels. The growth of user industries and livestock production havefurther fueled the market growth. Moreover, new innovations and breakthroughs in the industry have impelled the growth and made Japan one of the largest feed markets in the Asia-Pacific region with a potential for higher growth.

However, the increasing prices of raw materials, unpredictability of climatic conditions and lower impact on native breedshinder the growth of agriculture and animal husbandry. Furthermore, strict quality and safety regulations guiding the market pose restrictions for product line expansion. Despite such hurdles, Japan feed additives market is a lucrative market and has witnessed a boom in production as well as consumption in the recent years.

Market Segmentation

The feed additives market is fragmented on the basis of type and stock.

> Amino Acids
> Antibiotics
> Antioxidants
> Feed Acidifiers
> Feed Enzymes
> Minerals
> Vitamins
The Amino Acids segment, including lysine, methionine, tryptophan and thiamine, has the largest share among the additive types.

> Aquatic Animals
> Cattle
> Poultry
The poultry industry is the dominant segment.

Key Players

The feed additives industry is dominated by prominent players like Alltech Inc., BASF, ADM Co., Kemin Industries, and Cargill Inc. These leading companies are mainly focused on developing efficient management techniques for the market.

Report Contents:

-- >> Japan Feed Additives Market Segments

-- >> Japan Feed Additives Market Drivers, Restraints and Opportunities

-- >> Japan Feed Additives Market Size & Forecast 2016 to 2022

--> Supply & Demand Value Chain

-- >> Japan Feed Additives Market Current Trends

--> Competition &Major Companies

--> Technology 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 Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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