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India Feed Additives Market - Growth, Trends and Forecasts (2017 - 2022)

India feed additives market is expected to show high growth rates during the forecast period. India is a global leader in terms of Ruminant population and milk production. This gives the market a lot of scope to grow in the feed additives industry. Fuelled by the rise in population, favorable demographics, increased demand for animal produce, higher disposable incomes, growth in end-user industries and untapped market potential, the future of the market looks promising. The Indian feed additives industry is at a growth phase and is expected to grow at a steady rate until 2020. This growth is largely fuelled by the increasing meat consumption and rising concern over its quality and safety. Some major drivers of the Indian feed additives industry identified in this report are rise in meat consumption, increasing awareness towards meat quality and safety, increasing mass production of meat, and recent livestock disease outbreaks. Lack of adequate intellectual property guidelines, heavy market segmentation act as constraints to the growth of market. Various government policies and schemes coupled with liberalization and entry and expansion of several foreign companies has made India an attractive market for various feed additives. Opportunities that can change the dynamics of this industry; these are increasing the cost of natural feed products that can promote feed additives demand as an alternative. Similarly, the regulatory ban over antibiotics and environmental concerns can increase demand. The Indian feed additives market revenue is estimated to grow at a CAGR of 4.5% from 2014 to 2020. The report has been further segmented based on feed additives consumption in different livestock. It includes swine, ruminants, poultry, aquatic animals and others. It is identified that the poultry market has the largest market share, as the adoption of intensive farming system in the poultry segment is more than any other livestock segment. Other major reason for growth of the market is high slaughter head count resulting from increasing preference towards poultry indifferent parts of India. The market is segmented based on the types of additives. Prebiotics and Probiotics show the highest growth rates. Integration and consolidation strategies are seen to include small farmers and the highest level to improve the market scenario. Major companies are analyzed in terms of strategy adopted, financial revenues and their recent developments in the Indian feed additives market. Some of the major players covered include Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland Company, and Nutreco N.V. etc. Key Deliverables in the Study Market analysis for the India Feed Additives Market, with region specific assessments and competition analysis on global and regional scales. Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the India Feed Additives market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Published By: Mordor Intelligence
Published Date: Q2 2016

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