IMARC Group, a leading market research company, has recently releases report titled “Indian Feed Additives Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the Indian feed additives market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Indian Feed Additives Market?
The Indian feed additives market is expected to exhibit a CAGR of 12.3% during 2022-2027.
What are Indian Feed Additives services?
Feed additives are dietary supplements utilized in animal nutrition for enhancing the quality and nutritional content of animal-derived products, including eggs, meat, and milk. Consisting primarily of amino acids, minerals, and vitamins, they are considered essential for the animal's well-being as they enhance the digestibility and the overall health of an animal.
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What are the growth prospects and trends in the Indian Feed Additives services?
The increasing demand for animal derived products represents a key factor driving the market growth in India. In line with this, the increasing meat consumption is contributing the market growth. Rising disposable income and shifting lifestyle habits are further driving the market toward growth. For instance, there is a rising inclination toward protein-based diet, along with foods rich in vitamins and minerals, which is driving the market growth for feed additives across the country. Additionally, the rising consciousness about the advantages of feed additives, along with quality and nutrition concerns is contributing to the market growth. Other factors, such as the commercialization of livestock farming, the decline in grazing lands, coupled with the high value of feed ingredients, and the demand for feed efficiency, are creating a positive outlook for the market. The market is also driven by the presence of the strong livestock population in the country, which facilitates the demand for feed additives significantly.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Source:
- Synthetic
- Natural
Breakup by Product Type:
- Amino Acids
- Phosphates
- Vitamins
- Acidifiers
- Carotenoids
- Enzymes
- Mycotoxin Detoxifiers
- Flavors and Sweeteners
- Antibiotics
- Minerals
- Antioxidants
- Non-Protein Nitrogen
- Preservatives
- Phytogenics
- Probiotics
Breakup by Livestock:
- Ruminants
- Calves
- Dairy Cattle
- Beef Cattle
- Others
- Poultry
- Broilers
- Layers
- Breeders
- Swine
- Starters
- Growers
- Sows
- Aquatic Animal
- Others
Breakup by Form:
- Dry
- Liquid
Breakup by Region:
- North India
- East India
- West and Central India
- South India
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