The feed binders market is expected to grow at a compound annual growth rate of 3.57% over the forecast period to reach a market size of US$3.143 billion in 2026 from US$2.460 billion in 2019. Feed Binders are components that bind, glue, or hold together various discrete food elements to give a steady from to the feed. Feed Binders were initially introduced to bind feed of aquatic animals and are quite crucial for the aquaculture industry as it is an efficient alternative of traditional feed mes Read more...
The meat and poultry testing market is expected to grow at a compound annual growth rate of 5.69% over the forecast period to reach a market size of US$13.318 billion in 2026 from US$9.041 billion in 2019. The prime factor driving the market is the rising consumption of meat and poultry products owing to growth in preference towards a protein-based diet. Over the past decades, with increasing disposable income and rising health concerns, consumers are bending towards a protein-rich diet, from ca Read more...
Global poultry vaccine market as valued at US$2,129.134 million in 2019. The growth of this market is primarily attributed to the rapidly growing poultry production across the globe coupled with the growing incidence of number of diseases among poultry. According to the United Nations Food and Agriculture Organization (UN FAO), poultry meat production was forecasted to increase by 3 percent in 2019 from 125 million metric tons in 2018. In Europe, between February 16, 2019 and August 15, 201 Read more...
The veterinary infectious diseases diagnostics market is projected to grow at a CAGR of 7.98% to reach US$5.369 billion by 2025. The prevalence of diseases such as colony collapse disorder, zoonotic diseases, rabies, canine distemper (which is also called Hardpad disease) among some other diseases is increasing due to the different types of bacteria, virus, and parasites present in the surroundings and the lack of practice of proper hygiene among the animals. This is leading to the spread of Read more...
Forage analysis market is projected to grow at a CAGR of 6% to reach US$600.066 million by 2024, from US$422.915 million in 2018. Forage analysis is a study to determine the content, quality, and suitability of forage given to the livestock. Rising demand for high-quality forage is the major driver of forage analysis market. Growing global demand for livestock products has boosted the demand for high-quality forage which is positively impacting the growth of forage analysis market. Strict reg Read more...
