Animal Feed additives (AFA) are the materials of nutritional value that are fed to animals. It acts as vitamins for farm animals that get insufficient nutrients from regular meals.
The international market for AFA is growing tremendously because of the growing demand for meat and related products within the past few years.
Asia Pacific is expected to lead the international AFA Industry attributed by more number of farm animals in this region.
Major contributors in the Asian market include emerging markets like India and China. Europe is expected to remain at second place after Asia Pacific in terms of revenue generation. India, China, and Brazil contributed around 23% share in 2011 in the global market. This share is expected to rise to 39 percent by 2018. If you want to know more about animal feed visit http://www.kmuch.com/.
Increasing demand for protein rich meat and dairy products, industrialization in meat production, increasing rate of meat consumption, an outbreak of livestock diseases, and growing awareness about meat safety and quality are some critical factors driving the growth of the AFA market. By exploring http://www.kmuch.com/ you can find more about the fermented animal feed.
Regulatory structure and increasing cost of raw materials are a few significant challenges restraining the growth of this business. However, rising cost of natural feed products is creating some opportunities for the AFA.
The Worldwide AFA marketplace is categorized into two major classes:
• Nutritional feed additives
• Non-nutritional feed additives
Amino acids, minerals, and vitamins fall under the category of nutritional feed additives while hormones, antibiotics, enzymes, prebiotics and probiotics, immunomodulators, and feed acidifiers fall under the non-nutritional feed additives category. Nutritional feed additives provide essential nutrients in appropriate proportion.
Leading manufacturers in the AFA market are focusing on growth of business across areas and are setting up new plants for increasing the production capacity and product lines.