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. 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
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Market Coverage
- Segment Covered-
o By Type
o By Compound feed
o By Form
- Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape – Molex, LLC, Amphenol Corporation, Airgain, Inc., Sunway communication, Galtronics USA, Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Compound Feed and Additive Market by Segments
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
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