Lucintel's latest market report analyzed that animal feed additive provides attractive opportunities in the poultry, swine, aquatic animal, and cattle markets. The animal feed additive market is expected to reach $51.1 billion by 2028 with a CAGR of 4.4%. In this market, liquid is the largest segment by form, whereas poultry is largest by species.
Based on form, the animal feed additive market is segmented into liquid and dry. The liquid segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it is affordable, convenient, and can be handled easily as compared to dry form.
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The Animal feed additive Market is marked by the presence of several big and small players. Some of the prominent players offering animal feed additive include Cargill, HONG HA NUTRITION, BASF SE, Kemin Industries, and ANOVA.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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