The Global Compound Feed Market: Technology Developments and Market Changes
168 PagesBCC ResearchSKU: WA3805877
The global market value of feed additives products was $16.1 billion in 2010 and is expected to grow to $27.6 billion in 2017 at an estimated compound annual growth rate (CAGR) of 8.1% from 2010 to 2017.
Amino acids are by far the largest feed additive group. This market segment is expected to rise at a CAGR of 10.2% and reach $18.8 billion by 2017, up from $9.6 billion in 2010.
Vitamins represent the second-largest ingredient group after amino acids, with a total market value of $2.9 billion in 2010. This segment is expected to grow to $3.8 billion by 2017, increasing at a CAGR of 4.2%.