Thursday, October 30, 2014 4:52:44 PM
GLOBAL - The global animal feed additive market, valued at $14.9 billion in 2013, is estimated to reach $20 billion by 2020.
According to a new report from Big Market Research (BMR) the increase in global meat consumption is the major driving factor that has augmented the demand for animal feed and feed additives market.
Animal feed additives add value to the animal life and the quality of their meat. Due to positive impacts that the additives have on the animals.
The Poultry segment is the highest revenue generating market among the segments. This is due to increase in demand in developing nations, which is the highest poultry meat producing region.
http://www.thepoultrysite.com/poultrynews/32939/animal-feed-additives-market-to-reach-us20-billion-by-2020
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