Vietnam Animal Feed Additives Market Research Report (2020-2025) Provides In-Depth Analysis by Scope, Growth Rate, Driving Factors, Competitive Situation, Top Manufacturers and Upcoming Trends. Vietnam Animal Feed Additives Market report split global into several key Regions which mainly includes Market Overview, Table of Content, List of Figures and Applications. Vietnam Animal Feed Additives Market Growing at Higher CAGR Rate of XX% between (2020-2025).
Summery:-
Vietnam Animal Feed Additives Market is anticipated to rise at a staggering CAGR during the forecast period. The shift in trend to consume poultry and cattle meat is gaining a high traction in Vietnam. In the past consumers largely depended on pork meat for nutritional needs. Rise in per capita income and modern methods of cattle rearing is likely to uplift the market conditions.
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The key driving factors responsible for the growth of Vietnam Animal Feed Additives market :
Rise in funding and research & development help in driving the production thereby adding sustainability in the regional market. Vietnam’s total market share in APAC is much higher as compared to India and China. In the recent years imports for animal feed have increased, which is normally routed through neighbouring countries.
Vietnam animal feed additives market is driven by rise in per capita meat consumption and significant growth in the last few years. Rising requirements for meat and meat products is likely to propel the market growth during the forecast period. Significant opportunities in the meat export is likely to propel the market scenario during the forecast period. Flexibility in trade agreements and regulatory policies have standardized feed additives quality aligned with U.N standards. Development of feeding applications for animal feeds is gaining a higher traction during the forecast period.
Product segmentation for Vietnam animal feed additives market entails vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers and antibiotics. By application, the market segmentation comprises cattle, poultry and pork. Poultry and pork segments account for a higher CAGR for the estimated period. Commercial animal feed additives market comprise fodder and forage.
The key players profiled in the Vietnam animal feed additives industry report are Vedan Enterprises Co Ltd, EZ Nutrition Way Co, Hong Ha Nutrition JSC, Ajinomoto, BCargillInc, BASF SE, Anova, CP Group, Anthruc Co Ltd and DSM.
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Table of Contents:-
- Vietnam Animal Feed Additives Market Overview
- Vietnam Animal Feed Additives Market Competition by Manufacturers
- Vietnam Animal Feed Additives Market Production, Revenue (Value) by Region (2014-2025)
- Vietnam Animal Feed Additives Market Supply (Production), Consumption, Export, Import by Regions (2014-2025)
- Vietnam Animal Feed Additives Market Production, Revenue (Value), Price Trend by Type
- Vietnam Animal Feed Additives Market Analysis by Application
- Vietnam Animal Feed Additives Market Manufacturers Profiles/Analysis
- Vietnam Animal Feed Additives Market Manufacturing Cost Analysis
- Vietnam Animal Feed Additives Market Industrial Chain, Sourcing Strategy and Downstream Buyers
- Vietnam Animal Feed Additives Market Marketing Strategy Analysis, Distributors/Traders
- Vietnam Animal Feed Additives Market Effect Factors Analysis
- Vietnam Animal Feed Additives Market Research Findings and Conclusion
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The global Animal Feed Additives Market demand was over 256 kilo tons in 2015.
The key driver for increasing market penetration was due to rapid and fast consuming meat and other products processed from milk which is considered as one of the leading sources of protein and essential nutrients.
Feed additives are the key components for the rapid improvement of metabolism in the livestock.
These constituents act as a catalyst by providing advantages such as improving weight gain, prevention of diseases, digestion, vitamin intake as well as enhances the quality of meat.
Another major factor affecting the market growth include the outbreak of numerous diseases affecting livestock like swine flu, mouth infection, and bird flu has increased the importance for safety and quality of meat and meat products.
Product Insights Amino acids such as methionine, lysine, thiamine and tryptophan have been slated as dominant product category and contributes to around 30% of total revenue generated in 2015.
