Time Duration for A Feed Additive to Be on the Register

Time Duration for A Feed Additive to Be on the Register

The global market for specialty feed additives was valued at USD 7.74 Billion in 2015; this is projected to grow at a CAGR of 5.43% from 2016, to reach USD 11.12 Billion by 2022. The main objectives of the report are to define, segment, and project the size of the global specialty feed additives market with respect to type, livestock, function, form, and region; provide detailed information regarding the key factors influencing the growth of the market; and strategically profile key players and comprehensively analyze their core competencies.

This research study involves the extensive usage of secondary sources — Food and Agriculture Organization of the United Nations (FAO), FEFANA (EU Association of Specialty Feed Ingredients and their Mixtures), and International Food and Agribusiness Management Association (IFAMA) — to identify and collect information useful for this technical, market-oriented, and commercial study of the specialty feed additives market. The primary sources are mainly several industry experts from core & related industries and preferred suppliers, manufacturers, distributors, service providers, reimbursement providers, technology developers, alliances, and standard & certification organizations related to all the segments of this industry’s value chain. In-depth interviews have been conducted with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative & quantitative information as well as to assess future prospects.

The value chain of specialty feed additives begins with R&D and product development, in which the selection of source and the quality of the product are determined by the requirement of the product. The value chain helps in bringing about coordination among stakeholders such as BASF SE (Germany), Evonik Industries (Germany), Novozymes (Denmark), Nutreco N.V. (Netherlands), and Alltech Inc. (U.S.).

Target Audience

The key stakeholders for the report are as follows:

• Specialty feed additive manufacturers
• Specialty feed additive importers and exporters
• Government regulatory authorities and research organizations
• Feed additives associations and industry bodies