Animal feed market in india 2014 sample 1 animal feed market – india july 2014 2 2 executive summary market drivers & challenges competitive landscape drivers growth in livestock population untapped market potential increasing domestic consumption of animal based food products growth in user industries favorable demographics growing income and consumption trends challenges rise in. Industry insights the global animal feed enzymes market size was valued at usd 116 billion in 2015 enzymes are molecules that act as initiators or catalysts for the enhancement of various chemical and biochemical reactions these products are incorporated as additives during the processing of various animal foodstuffs. The animal feed market in india is showing remarkable growth owing to the rise in the livestock population which is responsible for accelerating its demand moreover, the livestock based food industry is also growing, which implies that there will be requirement for healthy livestock base to support the interlinked markets.
The global animal feed and feed additives market was worth us$135 billion in 2011 and will reach us$175 billion in 2018, growing moderately at a cagr of 38% between 2011 and 2018 the global animal feed and feed additives market is divided into four broad regions, namely north america, asia pacific, europe, and rest of the world (row. The india probiotic animal feed market is largely unorganized due to presence of a large number of medium and small players “despite being in nascent development stage, the probiotic market in india is projected to register strong growth through 2019 due to growing health concerns, rising incidences of lifestyle related disorders and. List of animal-feed companies over 284 in india aum international as exporters, we, aum international, are constantly raising the bar and pushing our boundaries to offer clients, products services that as diverse unique they of highest standards imaginable.
Feed industry in india is about 50 years old it primarily consists of cattle feed and poultry feed segments cattle feed industry in india is gradually evolving into an organized sector and the. Animal feed additives are the food supplements for farm animals for improving feed quality along with quality of food from animal origin and enhance animal performance and health it includes amino acids, vitamins, antioxidants, flavors, pigments, and probiotics for poultry, swine, aquaculture, pets and cattle. “apac in general and india in particular are part of our strategic focus to further build on our leading position in the feed additives market for aquaculture,” concluded visser nutriad provides feed additive solutions for animal nutrition and health to more than 1,200 customers in over 80 countries, through a network of sales offices and.
Animal feed additives market is expected to reach $27,820 million by 2023 growing at a cagr of 60% from 2017 to 2023 feed additives are vital animal nutrition, which improve the feed quality, yield & quality of food from animal origin, and animal health. Summary icrworlds animal feed additives market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability. According to the 19th livestock census by department of animal husbandry, growing demand for poultry products in india is being witnessed on account of increasing poultry population, and this is further anticipated to drive growth in india poultry feed market in the coming years. Enter the lucrative indian markets, the animal feed industry in india will have to increase their capacities keeping in mind the quality issues to leverage on the growing demand for compound feed india has emerged as one of the largest and fastest growing compound feed markets in the world.
Broiler feed is still the largest segment, but aqua feed has experienced the strongest growth indian feed industry growing on back of animal protein & dairy consumption growth: rabobank iifl. Agriculture industry in india | market segments, key players - the latest research report of agriculture industry in india described its various segments include farming, agriculture equipment, agriculture and the animal feed industry is the property of its rightful owner. Indian ah industry the indian animal health industry has played a vital role in safeguarding the animal husbandry interests of the nation the indian animal healthcare market is estimated to be around 42000 millions inr (2014) and is projected to be around 60000 millions by 2018. Animal health industry has been undergoing a disruptive change but many of the industry insiders and players, since they are so close to the data and have so much of data at hand, have consistently missed out the big picture, barring a fewtake the case of threats from disruption and how industry insiders usually react to these.
The classification of feed additives is a major hindrance to the indian feed industry worldwide, animal feed supplements and additives are covered under chapter 2309 of the harmonized system of nomenclature (hsn), to which india is a signatory. The global cattle feed market is expected to grow at a cagr of approximately 3% during 2018-2023 the demand for milk and meat is increasing in most part of the world and hence the formers are now more concern over the health and yield of the cattle which in turns helping the global cattle feed and feed additives market. The report “indian animal feed market outlook 2022” provides in-depth analysis of the current scenario, market outlook of the indian animal feed market with detailed coverage on major market segments such as poultry, cattle and aquaculture.