Report Highlights
The global market value of feed additives products was $16.1 billion in 2010 and is expected to grow to $27.6 billion in 2017 at an estimated compound annual growth rate (CAGR) of 8.1% from 2010 to 2017.
Report Scope
The report starts by analyzing developments in the global meat and animal product markets. In a second step the meat and animal product markets are related to compound feed production and to the markets of major feed ingredients such as cereals, protein cakes and other protein sources like DDGS and fish meal. For such products current production, prices and price patterns are analyzed and amalgamated to provide an outlook for 2017. In the section of microcomponents a selected number of premix additives are discussed. These products comprise all feed amino acids, yeasts, minerals, colorants and pigments, vitamins and enzyme products that are believed to capture most of the global market value for additives. Finally, in conclusion is a review of the most important companies that are active in the preparation and marketing of feed additives.
Analyst Credentials
Dr. Ulrich März graduated in 1984 as an agro-economist from the University of Stuttgart, Germany. After 10 years working in the fine chemical industry, Dr. März began an independent consulting business for the food, feed, and agro-processing industries. His areas of specialty are the evaluation of the food, feed, and supplement ingredient markets and the design and market introduction of biotechnologically derived products as well as the economics of fermentation processes. For more than a decade, Dr. März has authored a number of BCC technical market reports.
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Report Highlights
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The compound feed and respective ingredient markets reached 606 million tons in 2001. The market is expected to increase at a low AAGR (average annual growth rate) of 1% to 637 million tons in 2006.
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Compound feed production for poultry and pigs will continue to climb, while that for cattle will become smaller and smaller.
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Major growth is seen for aquaculture feed.
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Due to continued price pressure, the market value of feed additives will increase at an AAGR of only 0.2% through 2006.
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Upcoming ingredient specialties such as probiotics, prebiotics, and especially yeast, have recently experienced a fast and broad expansion of their markets.
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