May 10, 2011

Feed additive market poised for growth

The report "Global Animal Feed Additives by Type, Livestock, Geography, Regulations Trends & Forecasts (2009 - 2016)" forecasts an annual growth of 3.8 percent to US$18.7 billion (UK£11.4 million) in 2016. The global feed additives market is estimated to reach US$18.7 billion (UK£11.4 million) in 2016 with an expected compound annual growth rate (CAGR) of 3.8 percent from 2011 to 2016.

The Asian market is driving the sales and is expected to hold 28.5 percent of the global market share in 2016. The Asian market is expected to have a high CAGR of 4.74 percent due to increasing demand for meat products in the region, and rising domestic meat production. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine and International Milling Directory from Perendale Publishers
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