Asia-Pacific animal feed market is expected to reach at a steady CAGR of 4.1% in the forecast period of 2020 to 2027. The market report contains data for the historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027
Market Segmentation
By Type (Amino Acid, Minerals, Vitamins, Acidifiers, Mycotoxin Detoxifiers, Enzymes, Phosphate, Carotenoids, Antioxidants, Flavors & Sweeteners, Antibiotics, Non-Protein Nitrogen and Others), Livestock (Swine, Poultry, Ruminants, Aquatic Animals and Others), Form (Dry and Liquid), Country (China, India, Japan, Australia, South Korea, Singapore, Indonesia, Thailand, Philippines, Malaysia and Rest of Asia-Pacific)
The major factors contributing to the growth of the market are:
- Increasing demand of edible meat
- Modernization and growth of aquaculture & livestock feed sectors
Key Market Players
The key market players for Asia-Pacific animal feed market are listed below:
- Cargill, Incorporated
- BASF SE
- DuPont
- Archer Daniels Midland Company
- Evonik Industries AG
- Solva
- Kemin Industries, Inc.
- Alltech
- DSM
- Nutreco (A subsidiary of SHV Holdings N.V.)
- Tyson Foods, Inc.
- AJINOMOTO CO.,INC.
- George Weston Foods Limited
- AMBOS Stockfeeds
- AUSTRALIAN PREMIUM FEEDS
- Chr. Hansen Holding A/S
- INVIVO
- Charoen Pokphand Group
- New Hope Group
- Guangdong Haid Group Co., Ltd.