India animal feed supplements market is
anticipated to grow with an estimated CAGR in the forecast years FY2023-FY2027,
on the grounds of surge in the demand for the animal food products enriched in
necessary nutrient. Increasing demand for healthier diet for the livestock and
pet animals in the country is driving the growth of the India animal feed
supplements market in the upcoming five years.
Increasing Demand for Nutritious Animal
Feed Drives Market Growth
According to the Food and Agriculture
Organization of the United Nations is a special agency that affirms the notion
of providing food to all. According to the FAO agency, India has the highest
population of pet animals, and livestock animals like ruminants. Further
increasing demand for the milk products and thus excessive utilization of the
ruminant animals for the production of milk drives the growth of the India
animal feed supplements market in the upcoming five years.
Increasing demand for the milk production
and other animal products from livestock demands for healthier and nutritious
diet for the animals such that their production can be increased. Moreover,
increasing demand for the animal meat from chicken, goat meat, beef, pork etc.
is also increasing and thus aiding to the growth of the India animal feed
supplements market in the next five years.
Advanced Animal Husbandry Supports
Market Growth
Consistent efforts to enhance the
quality of animal feed, and devise appropriate animal diet where a balanced
supply of nutrient along with the required food is prepared such that quality
animal products can be produced. For this advancement, research institutes and
academic centers are dedicated. Growing investment in the sector further
substantiates the growth of the India animal feed supplements market in the
upcoming five years.
Other factors driving the growth of the
India animal feed supplements market in the next five years, include rapidly
increasing population of the country, favorable demographics, growing end use
industries, higher disposable income among the population, etc. Increasing
awareness among the population regarding animal health, organic animal produce,
are also expected to further aid the growth of the India animal feed
supplements market in the forecast years, until FY2027.
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Market Segmentation
The India
animal feed supplements market segmentation is based on source, product type,
livestock, form, competitional landscape, and regional distribution. Based on source,
the market is further fragmented into natural
and synthetic. Based on product type, the market is segmented into amino acids, phosphates, vitamins &
minerals, enzymes, antibiotics, and others.
The market
segmentation based on livestock is bifurcated into ruminants, poultry, swine, aquatic
animals, and others. Based on form, the market is also differentiated
between dry and liquid forms. The market analysis also studies the regional
segmentation to devise regional market segmentation, divided among North India region,
South India region, East India region, and West India region.
Company Profile
Vinayak Ingredients India Pvt. Ltd., ADM
Agro Industries India Pvt Ltd, BASF India Ltd., Cargill India Pvt. Ltd., Evonik
India Private Limited, DSM India Private Limited, Nutreco-West Coast Group, are
some of the major market players in the country that lead the market growth
analysis. New market players are also actively entering the market in the
recent years and further strengthening the growth of the future market growth.
Attribute | Details |
Base Year | FY2021 |
Historic Data | FY2017
– FY2020 |
Estimated Year | FY2022 |
Forecast Period | FY2023
– FY2027 |
Quantitative Units | Revenue in USD Million, and CAGR for FY2017 – FY2020 and FY2023
– FY2027 |
Report coverage | Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | - Source
- Product Type
- Livestock
- Form
|
Regional scope | North;
South; East; West; |
Key companies profiled | Vinayak Ingredients India Pvt. Ltd., ADM Agro Industries India
Pvt Ltd, BASF India Ltd., Cargill India Pvt. Ltd., Evonik India Private
Limited, DSM India Private Limited, Nutreco-West Coast Group, |
Customization scope | 10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research
needs. Explore purchase options |
Delivery Format | PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request) |
Report Scope:
In this report, India animal feed supplements market is segmented into following
categories, in addition to the industry trends which have also been detailed
below:
- India Animal Feed
Supplements Market, By Source:
- India Animal Feed Supplements Market,
By Product Type:
o
Amino
Acids
o
Phosphates
o
Vitamins
& Minerals
o
Enzymes
o
Antibiotics
o
Others
- India Animal Feed Supplements Market,
By Livestock:
- Ruminants
- Poultry
- Swine
- Aquatic
Animals
- Others
- India Animal Feed Supplements Market,
By Form:
- India Animal Feed Supplements Market,
By Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in India animal feed supplements market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
India Animal Feed
Supplements Market is an upcoming report to be released soon. If you wish an
early delivery of this report or want to confirm the date of release, please
contact us at [email protected]
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