Japan Feed Additives Market – Forecasts from 2017 to 2022
Japan feed additive market is projected to reach US$0.695 billion by 2022, increasing from US$ 0.522 billion in 2016, growing at a CAGR of 4.87% during this period. Several factors like the expansion of animal meat market, changing demographics and livestock disease outbreak fuels the feed additive market in this region. In addition to this, the players within the country are highly focused on R&D and product innovation which leads to the development of additives with innovative features. Moreover, the rising cost of natural feeds creates ample opportunities for market growth in this region over the years ahead. However, the high-priced raw material with competition for raw material with other industries does impact the market growth negatively. The strict regulation set by FAMIC that need to be followed in Japanese feed additive market further restrains the market growth.
This section provides an anatomy of the research process followed for calculating market size and forecasts along with a list of the secondary data sources used and the primary inputs which were taken for data validation. It also provides an outline of the various segmentations which have been covered as part of the report.
In this section, the entire market is explained along with various drivers, restraints, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Japan feed additive market has been segmented on the basis of product and livestock as follows
By Product Type
- Amino Acid
- Aquatic Animals
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Cargill Incorporated, BASF SE, Novozymes, Nutreco, Chr. Hansen, Evonik Industries, Archer Daniels Midland Company, Alltech Inc. and Elanco Animal Health.
2. RESEARCH METHODOLOGY
4. MARKET DYNAMICS