The animal feed additives market is projected to increase from US$ 55,842.2 million in 2024 to US$ 109,184.5 million in 2034. The market is anticipated to surge at a CAGR of 6.9% by 2034. The increased production of livestock has raised concerns about public health issues related to the use of antibiotics and the spread of foodborne diseases. As a result, probiotics …
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Animal Feed Additives Market anticipated to grow at a steady pace, exhibiting a 2.70% CAGR through 2031
The animal feed additives market totaled US$ 16.36 Bn in 2021, as per a latest market survey by ESOMAR-certified consulting firm Future Market Insights (FMI). Overall animal feed additives demand is anticipated to grow at a steady pace, exhibiting a 2.70% CAGR through 2031. With an increasing focus on the inclusion of probiotics and proteins in animal feed additives, product innovations in the market …