The
global animal feed additives market for ruminants is growing at a
steady pace and has a promising future because of the rise in the
demand for meat and dairy products. Feed additives are gaining a
substantial amount of demand in animal feed for their nutrition and
overall growth. Various diseases such as avian flu, mouth and foot
diseases and the rising concern for animal health especially
ruminants has increased the demand for animal feed additives for the
same across the world.
Several
coating technologies are used in animal feed additives which claim to
increase the production rate of the agricultural animals which
includes goat, cattle, sheep, buffalo, camels and others, all
belonging to the ruminants category. Feed additives are coated in
order to improve the milk and meat quality and to reduce the
medication costs as well. Biologically active substances such as
vitamins, amino acids and others when directly applied to the
ruminants via oral procedure, gets degraded by the microorganisms in
the rumen and thus they cannot be effectively utilized.
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Several
types of coating technologies are used in feed additives for
ruminants; Multi-Enzymes, Nano coated minerals and vitamins, Butyric
Acid, Matrix encapsulated additives, 1-Monoglycerides, Mycotoxin
Deactivators and several others. These coating technologies have been
introduced so that they do not get degraded by the microorganism
present in the rumen, thus ensuring effective utilization of the feed
additives. Rumen-bypass preparations for the ruminant which protect
the active substances from degrading in the rumen allow the active
substance to be absorbed and digested in the digestive organs after
the abomasum. This is imperative in the field of feed additives for
ruminants and others.
The
global animal feed additives market for ruminants have been segmented
on the basis of product types; Vitamins, Probiotics, Prebiotics,
Choline Chloride, Phytobiotics, Organic Acid, Polyunsaturated Fatty
Acid, Non-Protein Nitrogen (NPN), Immunomodulators, Amino Acids, Feed
Enzymes and others which includes Feed Acidifiers, Antioxidants,
Trace Minerals and Antibiotics. Amino Acids dominated the global
animal feed additives market for ruminants covering more than 20% of
the total market in 2014 and is expected to remain the market leader
throughout the forecast period. Amino Acids are considered to be a
major ingredient in animal feed additives especially for ruminants.
They are included in order to enhance the development of proteins in
order to the quality and quantity of the meat. Lysine and Methionine
are the major amino acids fed to the ruminants as feed additives.
Vitamins held the second largest market share in the global animal
feed additives market for ruminants in 2014.
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By,
type, market is segmented into cattle buffalo and others. The others
segment includes sheep, goat, deer etc. The cattle segment dominated
the global animal feed additives market for ruminants acquiring over
80% of the total market. Rising concern for the health of the cattle
along with the rising demand for meat is fuelling the demand for this
segment. The buffalo segment held a minor market share in the animal
feed additives market for ruminants, but it is expected to be the
fastest growing segment during the forecast period.
On
the basis of geography, market is segmented into North America,
Europe, Asia Pacific and Rest of the World. Asia Pacific dominated
the market with a market share of over 30%, followed by North America
and Europe. The demand for animal feed additives market for ruminants
in Asia Pacific is attributed to the rising demand for the same in
China and India. The increasing demand for dairy products in this
region is expected to fuel the cattle feed additives market during
the forecast period.
The
global animal feed additives market for ruminants is marked by some
intense competition from the major players operating in this market.
DSM, Elanco, Novozymes, BASF S.E., Danisco, Evonik Industries,
Alltech Inc. are some of the major players operating in the global
animal feed additives market for ruminants.
The
report has been segmented by product type, ruminant’s type, and
geography and it includes description of coating technologies. The
study highlights current market trends and provides forecasts from
2015 to 2021. We have featured the current market scenario for the
global animal feed additives market for ruminants and identified
future trends that will impact demand for animal feed additives for
ruminants during the forecast period.
The
global animal feed additives market for ruminants has been segmented
into following types based on their product types including Vitamins,
Probiotics and Prebiotics, Choline Chloride, Phytobiotics, Organic
Acid, Polyunsaturated Fatty Acid, Non-Protein Nitrogen (NPN),
Immunomodulators, Amino Acids, Feed Enzymes and Others including Feed
Acidifiers, Antioxidants, Trace Minerals, Antibiotics. The market has
been further segmented on the basis of ruminants type including
cattle, buffalo and others including sheep, goat, deer etc.
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