The global compound feed and the additive market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing consumption of animal-based food and the growing urban population that will fuel the growth of the market during the forecast period.
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The compound feed contains a combination of several raw food materials that are used to meet the necessities of animals. The feed additive helps in delivering the nutrient to the farm animals in an adequate quantity. The increasing consumption of livestock products, dairy products or meat products will lead to the growth of the market during the forecast period. The need for superior meat quality is also fueling market growth.
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Many countries have banned antibiotics and are using feed made up of raw materials which helps and promote natural growth rather than artificial growth of the meat. Some of the key global players in the compound feed and additive market include Hi-Pro Feeds LP, Kent Corporation, Alltech, Prestage Farms., Mercer Milling Company, Inc., Kalmbach Media Co., Tyson Foods, Inc., and many others
Global Compound Feed and Additive Market – Segmentation
By Type
Pellets feed and additive
Powder feed and additive
Liquid feed and additive
By Compound Feed
Cattle feed
Poultry feed
Swine feed
Aquafeed
Pet feed
By Form
Dry
Liquid
Semi-solid
Global Compound Feed and Additive Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Molex LLC
Amphenol Corporation
Airgain Inc.
Sunway communication
Galtronics USA Inc.
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