Specialty Feed Additives Market
Specialty Feed Additives Market Forecasts to 2028 - Global Analysis By Product Type (Acidifiers, Minerals, Vitamins, Binders, Flavors & Sweeteners, Antioxidants and Other Product Types), Form (Dry, Liquid and Other Forms), Function, Application and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $44.2 BN |
|
Projected Year Value (2028) |
US $67.5 BN |
|
CAGR (2022 - 2028) |
7.3% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Specialty Feed Additives Market is accounted for $44.2 billion in 2022 and is expected to reach $67.5 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Specialty Feed Additives are supplements of the extra nutrients or drugs used for livestock. These additives include vitamins, fatty acids, minerals, and amino acids, fungal and steroidal compounds. These additives can effectively improve production level, animal health and efficiency. The effects of additives include improved feed efficiency and improved average daily gain. Feed additives are commercially available as cubes, pellets, blocks, or loose minerals. These additives cannot be marketed unless authorization has been given following a scientific evaluation demonstrating that the additive is harmless for the environment as well as for animals and humans.
According to the Organization for Economic Co-operation and Development (OECD), the poultry meat consumption volume in India in 2017 accounted for 3.5 million metric tons, which increased to 4.1 million metric tons by 2021.
Market Dynamics:
Driver:
Increased demand for high quality products
The rising demand for high-quality animal products has prompted producers and processors to look for specialised animal nutrition solutions that contain a variety of vitamins, minerals, and antioxidants that provide the desired benefits to animals. Therefore, mounting concerns regarding the quality of animal based products is driving the market.
Restraint:
Sustainability of feed and livestock chain
The feed and livestock industries can achieve sustainability by creating a standardised environmental footprint approach. The usage of co-products from other processing industries can decrease the pressure on land-grown crops, which are the prospects impeding market growth.
Opportunity:
Growing awareness
The growing awareness of animal health and the widespread use of specialty feed additives to solve nutritional deficiencies have an impact on the market. Additionally, innovations in animal husbandry and encapsulation in feed acidifiers are the factors boosting the growth of the market.
Threat:
High production cost
An increase in production costs caused by the large number of substances used and the strict regulatory framework that prevents the use of innovative ingredients without extensive clinical trials and validation tests are the factors hampering the growth of the market.
Covid-19 Impact
COVID-19 has printed a negative impact on global economic outlook. The immediate animal nutrition industry suffers from major supply chain disruption. The pandemic have affected countries and feed sector struggling to meet the demand. Due to the pandemic and lockdown, the supply chain of the raw ingredient has impacted the consumption and production patterns worldwide. Animals cannot get enough nutrition from regular feed hence the feed additives are added in their regular meal. This is evident for the lack of supply of micro ingredients such as amino acids, minerals and vitamins.
The acidifiers segment is expected to be the largest during the forecast period
The acidifiers segment is estimated to have a lucrative growth, due to its effectiveness in prompting a healthy gut by modulating the intestinal flora. They also control harmful bacteria and improve overall digestion and immune system in animals. Growing demand for improved animal growth performance is also expected to boost the growth of the segment.
The poultry segment is expected to have the highest CAGR during the forecast period
The poultry segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the continuous growth in broiler production. Different types of poultry feed additives are utilised to improve efficiency and nutritional value. Increased consumption in developing countries, where rising income and urbanisation are compelling consumers to diversify their diets, is fueling segment expansion.
Region with Largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to strong dependence on livestock, rapidly growing demand for animal protein. The strong volumetric consumption trends, the growth in population, rise in disposable incomes, progressive urbanisation, and an increase in the demand for quality meat products are the aspects propelling the region growth.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the high meat consumption. Implementation of strict food safety mandates, high demand for processed meat products and increasing awareness about health and fitness are other prospects that could positively impact the region growth.
Key players in the market
Some of the key players profiled in the Specialty Feed Additives Market include BASF SE, Evonik Industries, Biomin Holding GmbH, Archer Daniels Midland Company, Chr. Hansen Holdings A/S, Novozymes A/S, Nutreco N.V., AkzoNobel Surface Chemistry AB, Novus International, Kemin Industries Inc., Invivo NSA, Cargill Incorporated, Brookside Agra, Lucta S.A., Yara International ASA and Alltech Inc.
Key Developments:
In June 2022, Cargill acquired a plant-based additives manufacturing company Delacon. This acquisition is expected to expand Cargill's portfolio with significant experience in feed additives, a global footprint, and helps in more nutritious food production.
In January 2022, BASF expanded its feed enzymes production capacity at Ludwigshafen (Germany) plant. Through expanding the existing plant, BASF has significantly increased its annual production. The larger production capacity enables BASF to meet the growing global demand from customers for a reliable, high-quality supply of the BASF feed enzymes.
Product Types Covered:
• Acidifiers
• Minerals
• Vitamins
• Binders
• Flavors & Sweeteners
• Antioxidants
• Other Product Types
Forms Covered:
• Dry
• Liquid
• Other Forms
Functions Covered:
• Gut Health & Digestive Performance
• Preservation of Functional Ingredients
• Mycotoxin Management
• Palatability Enhancement
Applications Covered:
• Swine
• Aquatic Animals
• Poultry
• Ruminants
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Specialty Feed Additives Market, By Product Type
5.1 Introduction
5.2 Acidifiers
5.3 Minerals
5.4 Vitamins
5.5 Binders
5.6 Flavors & Sweeteners
5.7 Antioxidants
5.8 Other Product Types
6 Global Specialty Feed Additives Market, By Form
6.1 Introduction
6.2 Dry
6.3 Liquid
6.4 Other Forms
7 Global Specialty Feed Additives Market, By Function
7.1 Introduction
7.2 Gut Health & Digestive Performance
7.3 Preservation of Functional Ingredients
7.4 Mycotoxin Management
7.5 Palatability Enhancement
8 Global Specialty Feed Additives Market, By Application
8.1 Introduction
8.2 Swine
8.3 Aquatic Animals
8.4 Poultry
8.5 Ruminants
9 Global Specialty Feed Additives Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 BASF SE
11.2 Evonik Industries
11.3 Biomin Holding GmbH
11.4 Archer Daniels Midland Company
11.5 Chr. Hansen Holdings A/S
11.6 Novozymes A/S
11.7 Nutreco N.V.
11.8 AkzoNobel Surface Chemistry AB
11.9 Novus International
11.10 Kemin Industries Inc.
11.11 Invivo NSA
11.12 Cargill Incorporated
11.13 Brookside Agra
11.14 Lucta S.A.
11.15 Yara International ASA
11.16 Alltech Inc.
List of Tables
1 Global Specialty Feed Additives Market Outlook, By Region (2020-2028) ($MN)
2 Global Specialty Feed Additives Market Outlook, By Product Type (2020-2028) ($MN)
3 Global Specialty Feed Additives Market Outlook, By Acidifiers (2020-2028) ($MN)
4 Global Specialty Feed Additives Market Outlook, By Minerals (2020-2028) ($MN)
5 Global Specialty Feed Additives Market Outlook, By Vitamins (2020-2028) ($MN)
6 Global Specialty Feed Additives Market Outlook, By Binders (2020-2028) ($MN)
7 Global Specialty Feed Additives Market Outlook, By Flavors & Sweeteners (2020-2028) ($MN)
8 Global Specialty Feed Additives Market Outlook, By Antioxidants (2020-2028) ($MN)
9 Global Specialty Feed Additives Market Outlook, By Other Product Types (2020-2028) ($MN)
10 Global Specialty Feed Additives Market Outlook, By Form (2020-2028) ($MN)
11 Global Specialty Feed Additives Market Outlook, By Dry (2020-2028) ($MN)
12 Global Specialty Feed Additives Market Outlook, By Liquid (2020-2028) ($MN)
13 Global Specialty Feed Additives Market Outlook, By Other Forms (2020-2028) ($MN)
14 Global Specialty Feed Additives Market Outlook, By Function (2020-2028) ($MN)
15 Global Specialty Feed Additives Market Outlook, By Gut Health & Digestive Performance (2020-2028) ($MN)
16 Global Specialty Feed Additives Market Outlook, By Preservation of Functional Ingredients (2020-2028) ($MN)
17 Global Specialty Feed Additives Market Outlook, By Mycotoxin Management (2020-2028) ($MN)
18 Global Specialty Feed Additives Market Outlook, By Palatability Enhancement (2020-2028) ($MN)
19 Global Specialty Feed Additives Market Outlook, By Application (2020-2028) ($MN)
20 Global Specialty Feed Additives Market Outlook, By Swine (2020-2028) ($MN)
21 Global Specialty Feed Additives Market Outlook, By Aquatic Animals (2020-2028) ($MN)
22 Global Specialty Feed Additives Market Outlook, By Poultry (2020-2028) ($MN)
23 Global Specialty Feed Additives Market Outlook, By Ruminants (2020-2028) ($MN)
24 North America Specialty Feed Additives Market Outlook, By Country (2020-2028) ($MN)
25 North America Specialty Feed Additives Market Outlook, By Product Type (2020-2028) ($MN)
26 North America Specialty Feed Additives Market Outlook, By Acidifiers (2020-2028) ($MN)
27 North America Specialty Feed Additives Market Outlook, By Minerals (2020-2028) ($MN)
28 North America Specialty Feed Additives Market Outlook, By Vitamins (2020-2028) ($MN)
29 North America Specialty Feed Additives Market Outlook, By Binders (2020-2028) ($MN)
30 North America Specialty Feed Additives Market Outlook, By Flavors & Sweeteners (2020-2028) ($MN)
31 North America Specialty Feed Additives Market Outlook, By Antioxidants (2020-2028) ($MN)
32 North America Specialty Feed Additives Market Outlook, By Other Product Types (2020-2028) ($MN)
33 North America Specialty Feed Additives Market Outlook, By Form (2020-2028) ($MN)
34 North America Specialty Feed Additives Market Outlook, By Dry (2020-2028) ($MN)
35 North America Specialty Feed Additives Market Outlook, By Liquid (2020-2028) ($MN)
36 North America Specialty Feed Additives Market Outlook, By Other Forms (2020-2028) ($MN)
37 North America Specialty Feed Additives Market Outlook, By Function (2020-2028) ($MN)
38 North America Specialty Feed Additives Market Outlook, By Gut Health & Digestive Performance (2020-2028) ($MN)
39 North America Specialty Feed Additives Market Outlook, By Preservation of Functional Ingredients (2020-2028) ($MN)
40 North America Specialty Feed Additives Market Outlook, By Mycotoxin Management (2020-2028) ($MN)
41 North America Specialty Feed Additives Market Outlook, By Palatability Enhancement (2020-2028) ($MN)
42 North America Specialty Feed Additives Market Outlook, By Application (2020-2028) ($MN)
43 North America Specialty Feed Additives Market Outlook, By Swine (2020-2028) ($MN)
44 North America Specialty Feed Additives Market Outlook, By Aquatic Animals (2020-2028) ($MN)
45 North America Specialty Feed Additives Market Outlook, By Poultry (2020-2028) ($MN)
46 North America Specialty Feed Additives Market Outlook, By Ruminants (2020-2028) ($MN)
47 Europe Specialty Feed Additives Market Outlook, By Country (2020-2028) ($MN)
48 Europe Specialty Feed Additives Market Outlook, By Product Type (2020-2028) ($MN)
49 Europe Specialty Feed Additives Market Outlook, By Acidifiers (2020-2028) ($MN)
50 Europe Specialty Feed Additives Market Outlook, By Minerals (2020-2028) ($MN)
51 Europe Specialty Feed Additives Market Outlook, By Vitamins (2020-2028) ($MN)
52 Europe Specialty Feed Additives Market Outlook, By Binders (2020-2028) ($MN)
53 Europe Specialty Feed Additives Market Outlook, By Flavors & Sweeteners (2020-2028) ($MN)
54 Europe Specialty Feed Additives Market Outlook, By Antioxidants (2020-2028) ($MN)
55 Europe Specialty Feed Additives Market Outlook, By Other Product Types (2020-2028) ($MN)
56 Europe Specialty Feed Additives Market Outlook, By Form (2020-2028) ($MN)
57 Europe Specialty Feed Additives Market Outlook, By Dry (2020-2028) ($MN)
58 Europe Specialty Feed Additives Market Outlook, By Liquid (2020-2028) ($MN)
59 Europe Specialty Feed Additives Market Outlook, By Other Forms (2020-2028) ($MN)
60 Europe Specialty Feed Additives Market Outlook, By Function (2020-2028) ($MN)
61 Europe Specialty Feed Additives Market Outlook, By Gut Health & Digestive Performance (2020-2028) ($MN)
62 Europe Specialty Feed Additives Market Outlook, By Preservation of Functional Ingredients (2020-2028) ($MN)
63 Europe Specialty Feed Additives Market Outlook, By Mycotoxin Management (2020-2028) ($MN)
64 Europe Specialty Feed Additives Market Outlook, By Palatability Enhancement (2020-2028) ($MN)
65 Europe Specialty Feed Additives Market Outlook, By Application (2020-2028) ($MN)
66 Europe Specialty Feed Additives Market Outlook, By Swine (2020-2028) ($MN)
67 Europe Specialty Feed Additives Market Outlook, By Aquatic Animals (2020-2028) ($MN)
68 Europe Specialty Feed Additives Market Outlook, By Poultry (2020-2028) ($MN)
69 Europe Specialty Feed Additives Market Outlook, By Ruminants (2020-2028) ($MN)
70 Asia Pacific Specialty Feed Additives Market Outlook, By Country (2020-2028) ($MN)
71 Asia Pacific Specialty Feed Additives Market Outlook, By Product Type (2020-2028) ($MN)
72 Asia Pacific Specialty Feed Additives Market Outlook, By Acidifiers (2020-2028) ($MN)
73 Asia Pacific Specialty Feed Additives Market Outlook, By Minerals (2020-2028) ($MN)
74 Asia Pacific Specialty Feed Additives Market Outlook, By Vitamins (2020-2028) ($MN)
75 Asia Pacific Specialty Feed Additives Market Outlook, By Binders (2020-2028) ($MN)
76 Asia Pacific Specialty Feed Additives Market Outlook, By Flavors & Sweeteners (2020-2028) ($MN)
77 Asia Pacific Specialty Feed Additives Market Outlook, By Antioxidants (2020-2028) ($MN)
78 Asia Pacific Specialty Feed Additives Market Outlook, By Other Product Types (2020-2028) ($MN)
79 Asia Pacific Specialty Feed Additives Market Outlook, By Form (2020-2028) ($MN)
80 Asia Pacific Specialty Feed Additives Market Outlook, By Dry (2020-2028) ($MN)
81 Asia Pacific Specialty Feed Additives Market Outlook, By Liquid (2020-2028) ($MN)
82 Asia Pacific Specialty Feed Additives Market Outlook, By Other Forms (2020-2028) ($MN)
83 Asia Pacific Specialty Feed Additives Market Outlook, By Function (2020-2028) ($MN)
84 Asia Pacific Specialty Feed Additives Market Outlook, By Gut Health & Digestive Performance (2020-2028) ($MN)
85 Asia Pacific Specialty Feed Additives Market Outlook, By Preservation of Functional Ingredients (2020-2028) ($MN)
86 Asia Pacific Specialty Feed Additives Market Outlook, By Mycotoxin Management (2020-2028) ($MN)
87 Asia Pacific Specialty Feed Additives Market Outlook, By Palatability Enhancement (2020-2028) ($MN)
88 Asia Pacific Specialty Feed Additives Market Outlook, By Application (2020-2028) ($MN)
89 Asia Pacific Specialty Feed Additives Market Outlook, By Swine (2020-2028) ($MN)
90 Asia Pacific Specialty Feed Additives Market Outlook, By Aquatic Animals (2020-2028) ($MN)
91 Asia Pacific Specialty Feed Additives Market Outlook, By Poultry (2020-2028) ($MN)
92 Asia Pacific Specialty Feed Additives Market Outlook, By Ruminants (2020-2028) ($MN)
93 South America Specialty Feed Additives Market Outlook, By Country (2020-2028) ($MN)
94 South America Specialty Feed Additives Market Outlook, By Product Type (2020-2028) ($MN)
95 South America Specialty Feed Additives Market Outlook, By Acidifiers (2020-2028) ($MN)
96 South America Specialty Feed Additives Market Outlook, By Minerals (2020-2028) ($MN)
97 South America Specialty Feed Additives Market Outlook, By Vitamins (2020-2028) ($MN)
98 South America Specialty Feed Additives Market Outlook, By Binders (2020-2028) ($MN)
99 South America Specialty Feed Additives Market Outlook, By Flavors & Sweeteners (2020-2028) ($MN)
100 South America Specialty Feed Additives Market Outlook, By Antioxidants (2020-2028) ($MN)
101 South America Specialty Feed Additives Market Outlook, By Other Product Types (2020-2028) ($MN)
102 South America Specialty Feed Additives Market Outlook, By Form (2020-2028) ($MN)
103 South America Specialty Feed Additives Market Outlook, By Dry (2020-2028) ($MN)
104 South America Specialty Feed Additives Market Outlook, By Liquid (2020-2028) ($MN)
105 South America Specialty Feed Additives Market Outlook, By Other Forms (2020-2028) ($MN)
106 South America Specialty Feed Additives Market Outlook, By Function (2020-2028) ($MN)
107 South America Specialty Feed Additives Market Outlook, By Gut Health & Digestive Performance (2020-2028) ($MN)
108 South America Specialty Feed Additives Market Outlook, By Preservation of Functional Ingredients (2020-2028) ($MN)
109 South America Specialty Feed Additives Market Outlook, By Mycotoxin Management (2020-2028) ($MN)
110 South America Specialty Feed Additives Market Outlook, By Palatability Enhancement (2020-2028) ($MN)
111 South America Specialty Feed Additives Market Outlook, By Application (2020-2028) ($MN)
112 South America Specialty Feed Additives Market Outlook, By Swine (2020-2028) ($MN)
113 South America Specialty Feed Additives Market Outlook, By Aquatic Animals (2020-2028) ($MN)
114 South America Specialty Feed Additives Market Outlook, By Poultry (2020-2028) ($MN)
115 South America Specialty Feed Additives Market Outlook, By Ruminants (2020-2028) ($MN)
116 Middle East & Africa Specialty Feed Additives Market Outlook, By Country (2020-2028) ($MN)
117 Middle East & Africa Specialty Feed Additives Market Outlook, By Product Type (2020-2028) ($MN)
118 Middle East & Africa Specialty Feed Additives Market Outlook, By Acidifiers (2020-2028) ($MN)
119 Middle East & Africa Specialty Feed Additives Market Outlook, By Minerals (2020-2028) ($MN)
120 Middle East & Africa Specialty Feed Additives Market Outlook, By Vitamins (2020-2028) ($MN)
121 Middle East & Africa Specialty Feed Additives Market Outlook, By Binders (2020-2028) ($MN)
122 Middle East & Africa Specialty Feed Additives Market Outlook, By Flavors & Sweeteners (2020-2028) ($MN)
123 Middle East & Africa Specialty Feed Additives Market Outlook, By Antioxidants (2020-2028) ($MN)
124 Middle East & Africa Specialty Feed Additives Market Outlook, By Other Product Types (2020-2028) ($MN)
125 Middle East & Africa Specialty Feed Additives Market Outlook, By Form (2020-2028) ($MN)
126 Middle East & Africa Specialty Feed Additives Market Outlook, By Dry (2020-2028) ($MN)
127 Middle East & Africa Specialty Feed Additives Market Outlook, By Liquid (2020-2028) ($MN)
128 Middle East & Africa Specialty Feed Additives Market Outlook, By Other Forms (2020-2028) ($MN)
129 Middle East & Africa Specialty Feed Additives Market Outlook, By Function (2020-2028) ($MN)
130 Middle East & Africa Specialty Feed Additives Market Outlook, By Gut Health & Digestive Performance (2020-2028) ($MN)
131 Middle East & Africa Specialty Feed Additives Market Outlook, By Preservation of Functional Ingredients (2020-2028) ($MN)
132 Middle East & Africa Specialty Feed Additives Market Outlook, By Mycotoxin Management (2020-2028) ($MN)
133 Middle East & Africa Specialty Feed Additives Market Outlook, By Palatability Enhancement (2020-2028) ($MN)
134 Middle East & Africa Specialty Feed Additives Market Outlook, By Application (2020-2028) ($MN)
135 Middle East & Africa Specialty Feed Additives Market Outlook, By Swine (2020-2028) ($MN)
136 Middle East & Africa Specialty Feed Additives Market Outlook, By Aquatic Animals (2020-2028) ($MN)
137 Middle East & Africa Specialty Feed Additives Market Outlook, By Poultry (2020-2028) ($MN)
138 Middle East & Africa Specialty Feed Additives Market Outlook, By Ruminants (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
