Asia-Pacific Feed Additives Market - Growth, Trends and Forecasts (2017 - 2022)
Asia-Pacific is the most prominent market for feed additives accounting for about 30% of the global feed additives market. With the increase of meat consuming population, industrialization of meat production and rising disposable income in economies like China, India the market is expected to grow at a steady and fast rate. Subsidies on meat exports in countries like India are driving the manufacturers to increase meat production thereby fuelling the growth of feed additive markets. Countries such as Thailand, Vietnam, and Malaysia are also promising markets in the region due to increased meat consumption as a result of changing demographics and industrialization of livestock industry. Another major reason for growth in these countries is adoption of intensive farming system. Untapped market of Asia-Pacific region is the target of many key players. Among additives, Amino acids constitute the biggest market share where in Antioxidants and acidifiers are the fastest growing markets. Both domestic and global players are focused on increasing the production capacity of additives as well as conducting awareness campaign to generate demand from farmers and farm-mixers. Innovations in production process to reduce the cost of production are another priority of the local manufacturers. In this report we offer, 1) Market Definition for the specified topic along with identification of key drivers and restraints for the market. 2) Market analysis for the Asia-Pacific Feed Additives Market, with region specific assessments and competition analysis on a global and regional scale. 3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale. 4) Extensively researched competitive landscape section with profiles of major companies along with their share of markets. 5) Identification and analysis of the Macro and Micro factors that affect the Asia-Pacific Feed Additives market 6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. Why should you buy this report? 1) For getting a comprehensive overview of the Asia-Pacific Feed Additives market 2) To gain wide ranging information about the major players in this industry and the strategies adopted by them. 3) To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.