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Saudi Arabia Feed Additives Market

  • Published Date: 25 Jun 2018
  • Number of Pages: 165
  • Category: Agriculture
  • Country: Saudi Arabia
By 2022, the Saudi Arabia 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

Saudi Arabia, one of the fastest growing high-income economies in the Middle East has seen steady growth in the demand for feed additives, primarily driven by rise in demand for quality meat products, westernization and increase in consumer spending levels. Government plans to phase out production of water-intensive crops and animal feeds have further fueled the market growth. Moreover, new innovations and breakthroughs in the industry have impelled the growth and made Saudi Arabia an important market with a potential for higher growth.
However, the arid conditions in the region hinder the growth of agriculture and animal husbandry. Despite such hurdles, Saudi Arabia 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 ADM, BASF, Cargill, Evonik Industries, Nutreco N.V, Pfizer, and Ingredion Inc. These leading companies are mainly focused on developing efficient management techniques for the market.

Report Contents:

--> Saudi Arabia Feed Additives Market Segments

--> Saudi Arabia Feed Additives Market Drivers, Restraints and Opportunities

--> Saudi Arabia Feed Additives Market Size & Forecast 2016 to 2022

--> Supply & Demand Value Chain

--> Saudi Arabia 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

Report Highlights:

--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

--> Consumer and Pricing Analysis

--> Market dynamics of the industry

--> In-depth Market Segmentation

--> Historical and Projected Market Sizing in terms of volume and value

--> Recent market trends and Impact Factors

--> R&D Status and Technology Overview

--> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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