Americas feed additive market is projected to reach US$ 9.176 billion by 2022, increasing from US$ 7.181 billion in 2016, growing at a CAGR of 4.17% during this period. The industrialization of livestock and rising processed meat industry are the primary factor driving the feed additive market in Americas. Moreover, the outbreak of diseases and rising consumption of meat further enhance the market growth in this region. Although the United States accounts for a large part of the market, Mexico and Brazil is expected to grow at a faster rate. This growth is driven due to emerging Brazilian and Mexican markets coupled with increase in awareness among people about the importance of quality livestock products. Moreover, United States is home to many leading feed additive players which augment the feed additive market growth in the United States. However, the rising cost of raw material and strict regulation and standards do hamper the feed additive market growth in this region.
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.
Americas Feed additive Market has been segmented on the basis of product, livestock, and geography as follows
By Product Type
The United States
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, Adisseo France SAS, Nutreco, Chr. Hansen, Evonik Industries, Archer Daniels Midland Company, Alltech Inc. and Elanco Animal Health.