Probiotic Ingredients Market Is Projected To Witness Growth Based On Increasing Health Consciousness Among The Consumers Till 2025:Grand View Research,inc.

The global probiotics ingredients market is expected to reach USD 3.56 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for probiotics ingredients in medical sector is projected to fuel the market growth. Growing health concerns coupled with rising digestive disorders owing to unhealthy lifestyle is a key factor expected to influence the market positively. Wide applications of probiotics ingredients in healthcare sector including, medical food with beneficial bacteria, is expected to positively drive the growth of the market over the forecast period.

Health disorders are a result of unhealthy lifestyle such as long working hours, sedentary lifestyle, smoking, poor food habits and alcohol consumption and are expected to influence the industry growth over the forecast period. Probiotics ingredients utilized in the healthcare and medical food industry have to strictly abide by the regulations and standards set by the FDA, an agency within the US Department of Health and Human Services and the European Food Safety Authority (EFSA).

Browse full research report on Probiotic Ingredients Market: http://www.grandviewresearch.com/industry-analysis/probiotic-ingredients-market    

Further key findings from the report suggest:

• The global probiotics ingredients demand was USD 1.71 billion in 2015 and is estimated to grow at a CAGR of 7.7% from 2016 to 2025
• Human probiotics sector is anticipated to grow at CAGR of 7.7% from 2016 to 2025 owing to the increasing health concerns among consumers
• Probiotic dietary supplements segment is estimated to exceed USD 0.43 billion by 2025, owing to its nutritional properties and rising disposable income of the consumers
• Animal feed probiotics is estimated to grow at a CAGR of 8.0% over the forecast period owing to rising animal husbandry and the significant rise in the demand for animal nutrition in the regions of North America and Europe
• Product demand in Asia Pacific is expected to grow at a significant rate of 8.2% over the forecast period owing to rising expenditure on medical infrastructure in the region
• The European region is expected to exceed USD 1 billion by 2025, owing to the growing awareness regarding health issues and their preventive measures
• Companies such as Biocodex Inc., Chr. Hansen Holding A/S, Danisco A/S, Danone, Ganeden, Sabinsa Corporation and Lallemand Inc. offer raw materials for various industries including, medical food, healthcare, nutritional foods and supplements

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the probiotics ingredients market on the basis of ingredients, bacteria, end-use, application, and region:

Probiotics Ingredients, Ingredient Outlook (Revenue, USD Million, 2014 - 2025)

• Bacteria
• Yeast
• Spore formers

Probiotics Ingredients, Bacteria Outlook (Revenue, USD Million, 2014 - 2025)

• Lactobacilli
• Bifidobacterium
• Streptococcus

Probiotics Ingredients, Application Outlook (Revenue, USD Million, 2014 - 2025)

• Probiotic food & beverages
• Probiotic dietary supplements
• Animal feed probiotics

Probiotics Ingredients, End Use Outlook (Revenue, USD Million, 2014 - 2025)

• Human probiotics
• Animal probiotics

Probiotics Ingredients, Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• CSA
• Brazil
• MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Pet Food Market Is Projected To Witness Growth Based On Growing Trend Towards Pet Adoption Till 2022:Grand View Research,inc.

The global pet food market is expected to reach USD 98.81 billion by 2022, according to a new report by Grand View Research, Inc. Growing trend towards pet adoption as a result of increasing number of nuclear families in emerging economies of Asia Pacific including India, China, Vietnam, and Indonesia is expected to drive the industry over the forecast period. 

Rising need for nutritious, healthy, and organic food on account of increasing awareness towards pet health is expected to augment demand. Increasing life expectancy in the region has led to older generation adopting pets to guide them through routine chores; this is expected to fuel demand over the forecast period. 

Innovations in specialty, premium and gourmet products, and packaging techniques are expected to propel growth in larger regions of the U.S., Europe, and Japan. In addition, focus on nutritive and functional pet foods and shift in preference towards dry pet food are key drivers for industry growth in developing economies.

Browse full research report on Pet Food Market: http://www.grandviewresearch.com/industry-analysis/pet-food-industry

Further key findings from the report suggest:

• Nutritious food is expected to witness fastest growth, growing at a CAGR of 5.2% from 2015 to 2022. Changing lifestyles and growing concerns among consumers regarding pet health have led to increased consumer spending on nutritious pet food. Rising cases of obesity and other diseases including arthritis, diabetes, and high blood pressure among pets are expected to drive demand for nutritious products over the next seven years.
• Dogs accounted for the largest consumption of these products, which accounted for over 59.0% share in 2014. Rising urbanization, increasing disposable incomes, and rising trend of nuclear families are some major reasons for rising pet ownerships, thus increasing demand for dog food over the forecast period.
• In Europe, demand was valued at USD 15.71 billion in 2014. The market in Europe, especially Central and Eastern Europe, is growing, as consumers are increasingly humanizing pets and considering them as their family members. Pet owners are responding actively to the changing trends of innovation and trading in better quality substitutes. Pet population is considerably growing in Europe as people are adopting more and more pets for companionship. As a result, the growing number of pets in European households is contributing to the robust growth.
• Some of the major players in industry include Mars Inc., Nestle SA, Colgate-Palmolive Co., Proctor & Gamble Co., Del Monte Foods Co., Agrolimen SA, Uni-Charm Corp., Nutriara Alimentos Ltda., Total Alimentos SA, Mogiana Alimentos SA, and others. Mars and Nestle are the leading players in the market accounting for around 55% of the total share. 

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives

Grand View Research has segmented the global pet food market on the basis of product, application, and region:

Pet Food Product Outlook (Revenue, USD Billion, 2012 - 2022)

• Dry Food
• Wet/Canned Food
• Nutritious Food
• Snacks/Treats
• Others

Pet Food Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Dog
• Cat
• Others

Pet Food Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Others

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Animal Feed Additives Market Is Anticipated To Grow Due To Increasing Consumption Of Meat & Milk Products Till 2025:Grand View Research,inc.

The global animal feed additives market value is anticipated to reach USD 23.81 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing meat consumption has been a major factor driving market growth. In addition, growing consciousness regarding the advantages of these products along with the recent outbreak of diseases has led to the increased utilization of additives in animal feed.

These are essential components for the improvement of overall animal health and performance which are indirectly impacting the characteristics of human food products. Consumption of foodstuff containing the appropriate quantity of accompaniments exert beneficial effects upon animals such as improvement in digestion and conversion. This, in turn, has a positive economic impact on the profitable production of food products for the human population.

Amino acids were the largest product category in 2015 .and is expected to maintain a comparatively low growth rate over the forecast period. Lysine was the major amino acid consumed with a share of over 67% in 2015.

Feed acidifiers are expected to observe the fastest growth over the next nine years with an estimated CAGR of around 6.4% from 2016 to 2025. It has been evident that acidifiers are instrumental in increasing the shelf life of fodder, which further helps in minimization of the overall feed cost, thus driving its market. In addition, increasing usage of feed acidifiers in the U.S. and Europe owing to ban on antibiotics is also expected to boost its demand over the forecast period.

Browse full research report on Animal Feed Additives Market: http://www.grandviewresearch.com/industry-analysis/animal-feed-additives-market

Further key findings from the report suggest:

• The global animal feed additives demand exceeded 256 kilo tons in 2015 and is expected to grow at a CAGR of 3.4% from 2016 to 2025
• Poultry emerged as the largest livestock segment in 2015 and is estimated to generate revenue over USD 5.7 billion by 2025
• Global animal feed antibiotics demand in aquaculture was USD 4.45 billion in 2015 and is anticipated to witness staggered growth over the next nine years
• The U.S. foodstuff acidifiers market in cattle livestock was 613 tons in 2015 and is estimated to reach a total volume of over 1,090 tons by 2025
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the processed meat and dairy products market. The regional market is expected to grow at a CAGR of 3.8% from 2016 to 2025
• Key players including BASF, DSM, Evonik, Elenco, Novozymes, Cargill, and Danisco dominated the global animal feed additives market while accounting for over 60% of the total volume in 2015

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives

Grand View Research has segmented the global animal feed additives market on the basis of product, livestock, and region:

Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Antibiotics
• Vitamins
• Vitamin A
• Vitamin E
• Vitamin B
• Vitamin C
• Other
• Antioxidants
• Amino Acids
• Tryptophan
• Lysine
• Methionine
• Therionine
• Others
• Feed Enzymes
• Phytase
• Non-Starch Polysaccharides & Others
• Feed Acidifiers
• Others

Livestock Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Port/Swine
• Poultry
• Cattle
• Aquaculture
• Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• Spain
• Russia
• Asia Pacific
• China
• India
• Japan
• Vietnam
• Central & South America
• Brazil
• Middle East & Africa
• Saudi Arabia 

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Aquafeed Market Will Witness Growth Based On Increasing Use Of Aquafeed In Carp & Crustacean Farming Till 2020:Grand View Research,inc.

The Global Aquafeed Market is expected to reach USD 133.1 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of aquafeed in carp and crustacean farming is expected to boost market demand over the forecast period. The growing market for aquaculture, owing to the static natural production of fishes is expected to be another key driver for market growth over the next six years. In addition, the increasing focus on nutraceuticals such as omega 3 enriched products is also expected to have a positive impact on aquafeed applications.

Key aquaculture additives include antibiotics and amino acids as they cannot be synthesized by the fish but are essential for regular body mechanism. Amino acids were the largest used aquafeed product, with estimated market revenue of USD 236.0 million in 2013. Feed acidifiers are expected to be the fastest growing segment over the forecast period, at an estimated CAGR of 6.1% from 2014 to 2020.

Browse full research report on Aquafeed Market: http://www.grandviewresearch.com/industry-analysis/aquaculture-market

Further key findings from the study suggest:

• The global aquafeed demand was 37.60 million tons in 2013 and is expected to reach 77.93 million tons by 2020, growing at a CAGR of 11% from 2014 to 2020.

• Carps were the largest consumers of aquafeed, at 9.70 million tons of global market in 2013. The segment is also expected to witness fastest growth at an estimated CAGR of 11.2% from 2014 to 2020. Carps are rich in omega-3 fatty acids and offer high sources of protein that are low in fat. The growing consumer awareness regarding omega 3 health benefits is expected to drive demand for carps in turn augmenting demand for aquafeed.

• Mollusks and Crustaceans were the other large application segments for the aquafeed market together accounting for 33% of the global market in 2013. Crustaceans such as lobsters, shrimps and crabs and mollusks such as oysters are increasing being used as exotic food products and improving economic conditions in parts of Asia Pacific is expected to further the demand for aquafeed over the forecast period.

• Asia Pacific was the most dominant regional market accounting for 65% of global consumption in 2013. The presence of vast aquaculture industry particularly in China is expected to enhance the demand for aquafeed in the region over the next six years.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives

For the purpose of this study, Grand View Research has segmented the global aquafeed market on the basis of end use and region. Furthermore, aquafeed additive market has been split on the basis of product segments:

    • Aquafeed Additives Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Amino Acids
            • Antibiotics
            • Vitamins
            • Feed Acidifiers
            • Others
    • Aquafeed Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • Carps
            • Mollusks
            • Crustaceans
            • Salmons
            • Tilapia
            • Catfish
            • Others
    • Aquafeed Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Beverage Cans Market Is Projected To Witness Growth Based On Increasing Consumption Of Alcoholic Beverages Till 2024:Grand View Research,inc.

The global beverage cans market size is expected to reach USD 60.92 billion by 2024, according to a new report by Grand View Research, Inc. owing to increasing demand for compact beverage packaging solutions.

Increasing demand for energy drinks and canned cold coffee and iced tea in Europe and Latin America is expected to drive growth over the forecast period. Increasing consumption of canned beverages in major sports tournaments such as Major League Baseball, Barclays Premier League and La Liga owing to increased convenience in handling the beverage is expected to propel the demand for beverage cans over the forecast period.

Increasing demand for carbonated soft drinks and other flavored soda drinks in North America is expected to positively influence the demand for metal cans over the forecast period. In addition, the growth is expected to be driven by extensive promotional programs undertaken by soft drink manufacturers such as Coca-Cola is expected to have a positive impact on market growth.

Browse full research report on Beverage Cans Market: http://www.grandviewresearch.com/industry-analysis/beverage-cans-market

Further key findings from the report suggest

• Carbonated soft drinks application segment is expected to witness the highest growth of over 5% from 2016 to 2024 owing to growing demand for the aerated drinks in developing economies such as India, Mexico, and Thailand
• High demand for beverage cans in the distribution of fruits & vegetable juices is expected to have a positive impact on growth. Rise in consumption of packaged fruit juices owing to consumers leading a healthier lifestyle is expected to propel demand.
• Europe beverage cans market, was valued at more than USD 9 billion in 2015 which is expected to grow at a CAGR of over 4% from 2016 to 2024 owing to increased recycling activities undertaken by the regulatory bodies including European Commission and national governments of France, Germany, and UK
• Asia Pacific is expected to register a CAGR growth of over 5% from 2016 to 2024 owing to increased demand for carbonated soft drinks, energy drinks and sports drinks owing to increasing disposable income in the developing economies such as China, India, and Indonesia
• The major players in the industry adopt mergers and acquisitions as a key strategy for increasing the market presence. Crown Holdings Inc. acquired EMPAQUE; a leading aluminum can manufacturer in Mexico to expand its market share in the region.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/food-safety-and-processing    

Grand View Research has segmented the global beverage cans market on the basis of product, application and region:

Product Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)

• Aluminum
• Steel

Application Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)

• Carbonated Soft Drinks
• Alcoholic Beverages
• Fruit & Vegetable Juices
• Others

Regional Outlook (Volume, Million cans; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• UK
• Russia
• Spain
• Asia Pacific
• China
• India
• Australia
• Latin America
• Brazil
• Middle East & Africa
• South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Cold Chain Market Is Projected To Witness Growth Based On Increasing Application Of Telematics In Logistics & Transportation Till 2025:Grand View Research,inc.

The global cold chain market is anticipated to reach USD 381.68 billion by 2025, according to a new report by Grand View Research, Inc. The expansion of trade over the years has arisen the necessity of making improvements in the packaging of crops as such, the materials used for packaging play a major role in enhancing the storage life.

The development of cold chain is largely responsible for the reduction of wastage of perishable commodities and is vital for the growth of the food sector. Governments across globe provide key services, such as public infrastructure and legislation, which help in facilitating the refrigerated storage development. Furthermore, service providers train employees to enhance technical expertise in the operation and maintenance of specialized facilities.

Emerging countries such as India, Brazil, China, and Mexico are currently undergoing a rapid transition to a consumer-led economy. The retailers in these regions have ample opportunities to expand and grow, owing to the prevailing large number of middle-class income consumers. Advancements in the technology have enabled service providers to penetrate the emerging markets with innovative solutions to help solve issues relating to complex transportation.

Investment in warehouse automation has been increasing over the past years to meet the customer requirements. High capital investment, running costs, and scalability of different picking methods are the key factors that restrain the market players to automate the warehouses. Furthermore, the growing application of telematics in logistics and transportation is likely to spur the refrigerated transportation market demand.

The retailers and franchise customer have vertical integration with the cold chain service providers to ensure the safety and quality of the product. The lack of cold chain facilities in less-developed economies made retailers to invest heavily in developing own cold chain logistics systems.

The increasing penetration of connected devices and growing usage of RFID, barcode scanners in the refrigerated warehouse is anticipated to drive the monitoring components segment demand over the projected period. The service providers are focusing on adopting new technologies such as cloud technology to enhance the overall logistics performance.

Browse full research report on Cold Chain Market: http://www.grandviewresearch.com/industry-analysis/cold-chain-market

Further key findings from the report suggest:

• The storage type segment dominates the market in terms of revenue
• The containerization of perishable products is expected to increase the demand for refrigerated containers over the forecast period
• The rapid detection methods, such as nucleic acid-based, immunological-based, and biosensor-based foodborne detection methods, are gaining traction in the market
• The processed food application is expected to register a high CAGR of 12.1% over the projected period
• The Asia Pacific region is expected to portray a high growth rate over the forecast period
• The rising popularity of quick-service restaurants, technological advancements in food packaging, and modern retail trade are driving the processed food application
• The key market players include Lineage Logistics (U.S.), Nordic Logistics (U.S.), Swire Group (UK), and Wabash National Corporation (U.S.)

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

Grand View Research has segmented the cold chain market based on type, application, and region:

Cold Chain Type Outlook (Revenue, USD Billion; 2014 - 2025)

• Storage
• Warehouse
• Refrigerated container
• Transportation
• Road
• Sea
• Rail
• Air
• Monitoring Components

Cold Chain Application Outlook (Revenue, USD Billion; 2014 - 2025)

• Fruits & vegetables
• Dairy
• Fish, meat & seafood
• Processed food
• Pharmaceuticals

Cold Chain Regional Outlook (Revenue, USD Billion; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• The Middle East and Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Probiotics Dietary Supplements Market Hits USD 7.0 Billion By 2025: By Grand View Research, Inc.

The global probiotics dietary supplements market is expected to reach USD 7.0 billion by 2025, according to a new report by Grand View Research, Inc. Rising preference towards preventive healthcare coupled with inherent health benefits of probiotics is anticipated to benefit the market growth over the forecast period.

Probiotics are a healthy microorganism that benefits the body when taken in sufficient amount. Probiotics dietary supplements are supplements manufactured by incorporating various strains of probiotics to treat or prevent the occurrence of diseases. Companies have developed customized products to suit diverse customer needs.

Recent advancements in R&D have led to the development of efficient probiotic strains that can sustain different environments and can be used in combination with other ingredients. Furthermore, improvements in delivery systems such as capsules, and sticks have led to the development of more efficient products. Such trends are expected to favor the overall market growth from 2016 to 2025.

In terms of application, nutritional supplements led the market in 2015 closely followed by specialty nutrients. The broad product offering of probiotics nutritional supplements, easy availability and effectiveness in maintaining proper body health has benefitted the demand from application segment in the past, and this trend is anticipated to continue over the forecast period.

Browse full research report on Probiotics Dietary Supplements Market: http://www.grandviewresearch.com/industry-analysis/probiotics-dietary-supplements-market

Further Key Findings from the Study Suggest:

• The global probiotics dietary supplements demand was USD 3.3 billion in 2015 and is estimated to grow at a CAGR of 7.6% from 2016 to 2025
• Probiotic dietary supplements are used for maintaining a stronger immune system, proper digestion, better work energy, healthy skin and prevention of oral diseases. These supplements are found out to have little or no side effect on human body.
• Nutritional supplement segment is expected to witness the highest CAGR of 7.7% over the next nine years. The effectiveness of nutritional supplements, their easy availability and novel product offerings is expected to benefit segment demand.
• Specialty Nutrient segment worth is expected to reach USD 2.8 billion by 2025. Development of superior probiotics strains intended for a specific purpose and focus on R&D is aiding the segment growth.
• Europe dominated the global market with 39% share. Strong awareness regarding probiotics usage, easy availability, and presence of major industry participants is aiding the regional growth.
• Major industry participants include Chr.Hansen, Nebraska Cultures, Premium, Vitakem, and NutraScience Labs.  Nebraska Cultures, manufactures its products with their proprietary stabilizer technology to improve overall product efficiency.

Browse more reports of this category by Grand View Research : http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the global probiotics dietary supplements market on the basis of application and region:

Probiotics Dietary Supplements Application Outlook (Revenue, USD Million, 2014 - 2025)

• Food supplement
• Nutritional supplements
• Specialty nutrients
• Infant formula

Probiotics Dietary Supplements Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East and Africa

  About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Vietnam Animal Feed Market Is Predicted To Grow Quickly Due To Increasing Per Capita Meat Consumption Till 2022: Grand View Research, Inc.

vietnam animal feed additives market is expected to reach USD 160.5 million by 2022, according to a new study by Grand View Research, Inc. Increasing per capita meat consumption is expected to be major factor driving Vietnam animal feed additives market over the next seven years. With increasing meat consumption, domestic market for animal feed has been experiencing significant growth since the last few years. Increasing requirements for high quality feed from animal farmers is expected to drive demand for feed additives such as feed enzymes, feed acidifiers, amino acids and antioxidants.

Antibiotics emerged as the leading product segment and accounted for over 36% of the total market revenue in 2014. Nascent domestic probiotics production coupled with animal farmer’s inclination towards antibiotics as growth promoters has been instrumental in its growth. Increasing incidences of microbial diseases among farm animals is expected to drive antibiotics demand over the forecast period. Funding initiatives to develop probiotics domestically is expected to challenge antibiotics consumption since most animal farmers prefer the latter owing to their easy availability and cheaper costs compared to antibiotics.

Browse full research report on Vietnam Animal Feed Market: http://www.grandviewresearch.com/industry-analysis/vietnam-animal-feed-additives-market

Further key findings from the study suggest:

• Vietnam animal feed additives market was USD 112.4 million in 2014 is expected to reach USD 160.5 million by 2022, growing at a CAGR of 4.7% from 2015 to 2022.
• Feed acidifiers are expected to be the fastest growing product segment over the next seven years on account of their increasing consumption in poultry feed. Shift in meat consumption from pork to poultry is expected to further drive poultry feed demand, thus further complementing feed acidifiers growth.
• Poultry was the largest application market and accounted for over 38% of the total market revenue in 2014. Increasing per capita poultry consumption is expected to be a major factor driving its growth over the forecast period. Apart from being the largest application segment, poultry is also projected to be the fastest growing application segment in the nation.
• Vietnam animal feed additives market is highly dependent on imports. Animal feed additives imports accounted for more than 77% of the overall consumption in 2012. Antibiotics were the leading product imported followed by amino acids.
• Vietnam animal feed additive exports grew by 12% from 2012 to 2014, primarily driven by growing domestic production that can be attributable to government initiatives to promote investment in domestic animal feed & feed additives market.
• Vietnam animal feed additives market is largely dominated by overseas producers who currently account for more than 70% of the total market. Easing of FDI norms to promote foreign capital has been a major factor for increasing presence of multinational companies in the regional market.

Browse more reports of this category by Grand View Research : http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives

For the purpose of this study, Grand View Research has segmented the Vietnam animal feed additives market on the basis of product and application:

Vietnam Animal Feed Additives Product Outlook (Revenue, USD Million, 2012 - 2022)

• Antibiotics
• Vitamins
• Antioxidants
• Amino Acids
• Feed Enzymes
• Feed Acidifiers
• Others 

Vietnam Animal Feed Additives Application Outlook (Revenue, USD Million, 2012 - 2022)

• Pork/Swine
• Poultry
• Cattle
• Others

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com