Market Overview:-
The Asia Pacific Feed Additives market is supposed to garner a compound annual growth rate (CAGR) of 4.7% during the forecast period of 2020-2025.
Driving Factors:-
One of the major driving factors that helps the growth of the Asia Pacific Feed Additives market is the increased production of livestock across the area. Increasing preference for processed food and growing consumption of poultry and pork as sources of protein are some of the driving factors of Asia Pacific Feed Additives market. Rapid urbanization is also one of the crucial driving factors that propels the growth of the market in this locale.
Challenges:-
Strict regulations required for approving new product into the market is a growth effecting factor of Asia Pacific Feed Additives market. Sustainability of feed and livestock is one of the major challenging factors that is limiting the expansion of the Asia Pacific Feed Additives market.
Segmentation Analysis:-
The Asia Pacific Feed Additives market is segmented on the basis of type, on the basis of livestock, on the basis of form, on the basis of source, and on the basis of region.
Based on the type, the Asia Pacific Feed Additives market is segmented into vitamins, acidifiers, amino acids, phosphates, caretonoids, enzymes, mycotoxin detoxifiers, flavors & sweeteners, antibiotics, minerals, antioxidants, non-protein nitrogen, phytogenics, preservatives and probiotics. Among these, the mineral segment holds the prominent share of the regional market in terms of volume as they are essential for sustaining and improving the health of the livestock.
On the basis of livestock, the Asia Pacific Feed Additives market is classified into ruminants, poultry, swine, aquatic animal and others such as equine and pets. The ruminant segment is again divided into dairy, beef, calf, goats and sheep. The poultry segment is further divided into broilers, layers and breeders. The swine segment comprises of starter, sow and grower.
Based on the form, the regional market is divided into dry and liquid. Based on the source, the Asia Pacific feed additives market is separated into natural and synthetic.
Regional Analysis:-
Asia Pacific region is having the largest share of the feed additives market because of the increased production of livestock across the area, especially in some of the emerging economies such as China and India, which propels the growth of the Feed Additives market in the Asia Pacific locale.
Key market players:-
Some of the key players of the Asia Pacific Feed Additives market are Evonik (SEA) Pte. Ltd., DuPont Asia-Pacific, Ltd., Novozymes (China) Investment Co., Ltd., BASF Asia-Pacific, DSM Dyneema, Adisseo Asia-Pacific Pte Ltd, Cargill Asia-Pacific Holdings Pte Limited, Lonza Biologics Tuas Pte Ltd, ADM (Shanghai) Management Company, and Chr. Hansen (Beijing) Trading Co., Ltd.
COVID-19 impact on Asia Pacific Feed Additives Market:-
Coronavirus pandemic has had its impact on all the business in mainly three ways, such as direct effect on production, disruption in supply chain and market disturbance by financial losses. The COVID-19 has its impact in various sectors like restaurants, manufacturing units, flights, traveling and so many that have halted their services.
Due to the coronavirus, Asia Pacific Feed Additives market is also facing difficulties and witnessed huge financial losses due to financial crisis in the manufacturing industries. As per the market analysis, the industry experts hope that the target market will reach its normal stage with the development of the vaccine for this pandemic. As we all are aware that in most of the countries, the government have already lifted the lockdown and gave permission for the companies to start their businesses with strict rules and regulations.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Feed Additives Market, By Type
6.1.1 Vitamins and Minerals
6.1.2 Acidifiers
6.1.3 Amino Acids
6.1.4 Phosphates
6.1.5 Caretonoids
6.1.6 Enzymes
6.1.7 Mycotoxin Detoxifiers
6.1.8 Flavors & Sweeteners
6.1.9 Antibiotics
6.1.10 Antioxidants
6.1.11 Market Size Estimations & Forecasts (2019-2024)
6.1.12 Y-o-Y Growth Rate Analysis
6.1.13 Market Attractiveness Index
6.2 Feed Additives Market, By Livestock
6.2.1 Ruminants
6.2.2 Poultry
6.2.3 Swine
6.2.4 Aquatic Animal
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Feed Additives Market, By Form
6.3.1 Liquid
6.3.2 Dry
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Feed Additives Market, By Source
6.4.1 Natural
6.4.2 Synthetic
6.4.3 Market Size Estimations & Forecasts (2019-2024)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Livestock
7.2.4 By Form
7.2.5 By Source
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Livestock
7.3.4 By Form
7.3.5 By Source
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Livestock
7.4.4 By Form
7.4.5 By Source
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Livestock
7.5.4 By Form
7.5.5 By Source
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Livestock
7.6.4 By Form
7.6.5 By Source
8. Key Player Analysis
8.1 Solvay AG
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Ajinomoto
8.3 Novozymes
8.4 Cargill Inc
8.5 DowDuPont
8.6 ADM
8.7 Evonik
8.8 BASF SE
8.9 DSM
8.10 InVivo
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
