ALBANY,
New York, August 6, 2014 – In its latest research report published
recently, Transparency Market Research states, the global compound
feed market is likely to reach USD 308.5 billion by 2017. The report
titled, “Compound Feed Market & Feed Additives Market - Global
Industry Size, Share, Segment and Geographic Analysis and Forecasts
(2007-2017)”, is available for sale on the company’s website.
Browse Full Report:
http://www.transparencymarketresearch.com/compound-feed-and-additives-market.html
The compound feed industry plays an important role in the food industry. These are feeds are made especially for animals, taking into consideration their specific nutritional requirements. Compound feeds are a blend of several raw materials and additives. Compound feed is produced to provide the livestock with nutritional meal. It is backed with an intention of extracting the best quality of meat from them meant for human consumption. The biggest market driver for compound feed sector is the rise in the demand of animal derived products by the exponentially increasing population. The other factor contributing to the growth of compound feed market around the world is the positive rise in disposable income.
The development in the compound feed was seen the recent years due to increased consumer awareness about the safety standards of animal derived food. The technological change in production of compound feed has truly revolutionized the quality of these feedstuffs, thus improving the quality of meat in the market. Despite such powerful market drivers, the market does suffer from certain restraints. Rising cost of raw materials, and strict regulatory framework by the governments is holding back the market’s growth. However, rise in the prices of natural feed products is rapidly opening up opportunities for the animal feed additives market.
Compound feed contributes 70% of livestock production cost. Owning to this contribution, it plays a significant role on the farmer’s production cost and returns, as ample usage of compound feed assures steady and increased supply of milk, eggs, and meat. Between 2007 and 2012 the global compound feed market grew at a rate of 3.94%. Traditionally, swine feed is the biggest contributor to the growth of compound feed sector. However, in the recent years, segments such as aqua feed, poultry feed, cattle feed, and other animals have also contributed significantly.
For the longest time, North America has heralded the compound feed market in terms of revenue. It reported revenue of USD 72.3 billion in 2010, with signs of growth in the coming years. However, the aforementioned market drivers will Asia one of the biggest contributors to the industry of compound feeds in the coming years.
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Browse Full Report:
http://www.transparencymarketresearch.com/compound-feed-and-additives-market.html
The compound feed industry plays an important role in the food industry. These are feeds are made especially for animals, taking into consideration their specific nutritional requirements. Compound feeds are a blend of several raw materials and additives. Compound feed is produced to provide the livestock with nutritional meal. It is backed with an intention of extracting the best quality of meat from them meant for human consumption. The biggest market driver for compound feed sector is the rise in the demand of animal derived products by the exponentially increasing population. The other factor contributing to the growth of compound feed market around the world is the positive rise in disposable income.
The development in the compound feed was seen the recent years due to increased consumer awareness about the safety standards of animal derived food. The technological change in production of compound feed has truly revolutionized the quality of these feedstuffs, thus improving the quality of meat in the market. Despite such powerful market drivers, the market does suffer from certain restraints. Rising cost of raw materials, and strict regulatory framework by the governments is holding back the market’s growth. However, rise in the prices of natural feed products is rapidly opening up opportunities for the animal feed additives market.
Compound feed contributes 70% of livestock production cost. Owning to this contribution, it plays a significant role on the farmer’s production cost and returns, as ample usage of compound feed assures steady and increased supply of milk, eggs, and meat. Between 2007 and 2012 the global compound feed market grew at a rate of 3.94%. Traditionally, swine feed is the biggest contributor to the growth of compound feed sector. However, in the recent years, segments such as aqua feed, poultry feed, cattle feed, and other animals have also contributed significantly.
For the longest time, North America has heralded the compound feed market in terms of revenue. It reported revenue of USD 72.3 billion in 2010, with signs of growth in the coming years. However, the aforementioned market drivers will Asia one of the biggest contributors to the industry of compound feeds in the coming years.
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
