The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Specialty Feed Additives. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Specialty Feed Additives Market across various industries and regions.
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Key Segments Covered
- Specialty Feed Binders
- Specialty Feed Acidifiers
- Specialty Feed Minerals
- Specialty Feed Antioxidants
- Specialty Feed Flavors & Sweeteners
- Specialty Feed Vitamins
- Other Specialty Feed Additives
- Dry Specialty Feed Additives
- Liquid Specialty Feed Additives
- Specialty Feed Additives for Palatability Enhancement
- Specialty Feed Additives for Mycotoxin Management
- Specialty Feed Additives for Preservation of Functional Ingredients
- Specialty Feed Additives for Other Functionalities
Primary focus of leading manufacturers of specialty feed additives is on introducing novel product lines into the global market. Besides this, players are reliant on strategic partnerships with existing entities to enhance their production capacities. Notable developments in the market as follows:
- In September 2021, Koninklijke DSM NV announced its strategic decision to fully focus on its resources and capabilities, by establishing an independent animal nutrition & health business group, focusing entirely on specialty solutions for a radical, yet achievable, transformation in the sustainability of animal protein production.
- In March 2019, BASF SE introduced a new phytase, Natuphos E, to unlock vital nutrients for the feed industry in Indonesia. Natuphos E helps animals better utilize important nutrients- rendering livestock feed more cost effective and environmentally friendly.
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Fact.MR, in its new report, offers an unbiased Market Analysis of Specialty Feed Additives, Sales and Demand of Specialty Feed Additives, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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