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Download Free sampleThe global Organic Feed Additives market was valued at 1242.69 Million USD in 2021 and will grow with a CAGR of 3.01% from 2021 to 2027.
The prime objective of Organic Feed Additives Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Organic Feed Additives Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A feed additive is a food supplement for farm animals that cannot get enough nutrients from regular meals. Such additives include vitamins, amino acids, fatty acids, and minerals. In some cases, if an animal does not have some specific nutrition in its diet, it may not grow properly. The nutritional values of animal feeds are influenced not only by their nutrient content, but also by many other factors. These include feed presentation, hygiene, digestibility, and effect on intestinal health. Even with all of the benefits of higher quality feed, most of a farm animal`s diet still consists of maize, wheat, and soybean meal because of the higher costs of quality feed.Changing lifestyle and consumer`s preference towards healthy, dietary, natural products and increasing meat consumption are key drivers for the market. Growing health concerns among the sizeable global population together with increasing awareness about the benefits of organic feed additives for animals that cannot get enough nutrients from regular meals are most likely to foster the demand for organic feed additives. For instance, poultry feed additives are used to improve the bird`s egg-laying capacity, disease prevention, as well as feed utilization.
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