Following companies
as the key players in the global algae-based animal feed and ingredients
market: Algea, Archer Daniels Midland Company, Associated British Foods, Royal
DSM, Spectrum Brands
The latest trend gaining momentum in the market is Growth in
medicated animal feed and ingredients. Medicated feed and ingredients are
formulated to maintain health, promote growth, improve feed efficiency, and
prevent diseases among the livestock. Medicated feed and ingredients comprise
highly concentrated forms of drugs used in the form of mill premixes, super
concentrates, fortifiers, top dressings, complete feed, or feed as a free
choice supplement. Other forms of medicated feed and ingredients include
diluted drug premixes, feed concentrates, supplements, and other mixtures that
require further mixing with one or more feed and ingredients before being fed
to the livestock.
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According to the report, one of the major drivers for this
market is Algae cultivation saves natural resources including land and water.
The cultivation of algae has negligible environmental impact on natural
resources. For instance, cultivation of algae requires 3% of the land and 2% of
fresh water when compared to land crops. Algae usually grows in wastewater, and
the yield is good enough to cater to the nutritional needs of livestock more
effectively than the resource intensive grain-based stock feed.
Further, the report states that one of the major factors
hindering the growth of this market is Increasing diseases outbreak in
livestock. Outbreaks of epidemic contagious diseases that affect livestock lead
to the loss of livestock produce such as meat, milk, dairy products, and other
related products, and is a challenge to the animal feed market as well.
Consequently, the death of livestock affects the consumption pattern of animal
feed and also affects the sales and revenue of the animal feed market and the
algae-based animal feed and ingredients market. Disease outbreak disrupts
livestock product trade and inhibits sustained investment in livestock
production.
The study was conducted using an objective combination of
primary and secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors.
About Algae-based
Animal Feed and Ingredients
Algae refer to a large group of different, not closely
related, organisms of different phylogenetic groups, which represent many
taxonomic divisions.
Analysts forecast the
global algae-based animal feed and ingredients market to grow at a CAGR of 8.39%
during the period 2018-2022.
Covered in this
report
The report covers the present scenario and the growth prospects
of the global algae-based animal feed and ingredients market for 2018-2022. To
calculate the market size, the report considers the revenue generated from the
sales of algae-based animal feed and ingredients.
Complete Report with
TOC Available @ https://marketreportscenter.com/reports/585448/global-algae-based-animal-feed-and-ingredients-market-2018-2022
The market is divided
into the following segments based on geography:
·
Americas
·
APAC
·
EMEA
Global Algae-based Animal Feed and Ingredients Market
2018-2022, has been prepared based on an in-depth market analysis with inputs
from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
Key vendors
·
Algea
·
Archer Daniels Midland Company
·
Associated British Foods
·
Royal DSM
·
Spectrum Brands
Market driver
·
Algae cultivation saves natural resources
including land and water
·
For a full, detailed list, view our report
Market challenge
·
Increasing diseases outbreak in livestock
·
For a full, detailed list, view our report
Market trend
·
Growth in medicated animal feed and ingredients
·
For a full, detailed list, view our report
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