India feed additives market has been witnessing robust growth in recent years due to the installation of new feed mills and the adoption of new technologies. The demand for good quality meat is expected to grow further at a significant rate in India which would lead to an increase in the market size of feed additives over the coming years. Additionally, expanding the livestock population as well as a surge in incidences of animal diseases would accelerate the growth of India feed additives market during the forecast period.
According to this research, the India feed additives market is projected to grow at a CAGR of 8.1% during 2019-25. The feed additives market in India has registered a compelling growth in the past decade as the country is trying to become more self-reliant and sustainable in the feed industry, owing to an increase in the outbreak of diseases. Moreover, the imminent growth of India feed additives market would be driven by factors such as industrialization of the livestock industry, low feed conversion ratio, regressing gut health, and ecological impact of the meat and dairy industry.
By animal type, the India feed additives market is segmented into poultry, cattle, swine, aquaculture, and others. The poultry segment acquired the largest market share in India due to consumer taste preferences. Nevertheless, ruminants acquired the second largest market share despite the country wide ban on the beef industry as the dairy industry accounts for most of the feed market revenue. Some of the major players in the India feed additives market include Cargill Inc., Alltech Inc., Archer Daniels Midland Company, Vetbiochem India Private Ltd. and BASF India Ltd.
The report thoroughly covers the market by feed type, feed form and animal type. The report provides an unbiased and detailed analysis of the on-going India trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Historical Data of India Feed Additives Market Revenues for the Period 2015-2018
- India Feed Additives Market Size & India Feed Additives Market Forecast until 2025
- Historical Data of India Feed Additives Market Revenues, by Types, for the Period 2015-2018
- Market Size & Market Forecast of India Feed Additives Market Revenues, by Types, until 2025
- Historical Data of India Feed Additives Market Revenues, by Feed Form, for the Period 2015-2018
- Market Size & Forecast of India Feed Additives Market Revenues, by Feed Form, until 2025
- Historical Data of India Feed Additives Market Revenues, by Animal Type, for the Period 2015-2018
- Market Size & Forecast of India Feed Additives Market Revenues, by Animal Type, until 2025
- Market Outlook
- Market Drivers and Restraints
- Market Trends
- Porter's Five Force Analysis
- Market Opportunity Assessment
- Market Player's Revenue Shares
- Competitive Benchmarking
- Market Share, by Companies
- Company Profiles
- Key Strategic Recommendations
Markets Covered
India report provides a detailed analysis of the following market segments:
By Types
- Nutritional
- Technological
- Zootechnical
- Sensory
By Feed Form
- Liquid
- Dry
By Animal Type
- Poultry
- Ruminants
- Aquaculture
- Swine
- Others
Table of Contents
1. Executive Summary
Companies Mentioned
- Alltech, Inc.
- BASF India Ltd
- Cargill, Inc.
- Kemin Industries South Asia Pvt Ltd.
- Vetbiochem India Private Ltd
