Animal nutrition chemicals are simple amino acids used to boost the immune system of animals and provide them with required nutrients. Products such as carotenoids, enzymes, vitamins, organic acids, and vacuum salts are produced by animal nutrition chemical markets. Further, this market provides best choice of food products for aquaculture, poultry, and domestic animal feeds market.
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Factors such as high investment by numerous manufacturers, demand for higher product performance and environmental concerns are driving the growth of the market. Further, rising awareness among the pet owners to provide healthy pet food is also propelling the growth of market. Animal nutrition chemicals reduce environmental pollution & over-soil fertilization along with boosting the animal farming efficiency. However, high price of chemicals would work as market deterrent for this market.
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The report segments animal nutrition market into amino acids, minerals, vitamins, enzymes and others (Organic Food, Vacuum salts,Carotenoids,etc). Due to high protein content, amino acid is the highest revenue generating segment. In terms of application, the report segments the market into animal food manufacturers, households, farms, veterinarians, and others. As a result of industrialization of meat production and demand for healthy and safe pet food, animal food manufacturers market would be leading.
In terms of geographical analysis, report divides the animal nutrition chemicals market into North America, Europe, Asia Pacific and RoW. North America lead the global market due to growing demand and awareness among people.
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The study helps to analyze the animal nutrition chemicals market trends to provide excess intelligence into the entire market segment and thus, helps the market players to make strategic decisions
To identify competitive strategies adopted by the top players and thus assist the stakeholders in taking actionable decisions
Porter’s five forces model helps to understand the scope of bargaining power of buyers and suppliers and threat of the new entrants
The analysis focuses on the wide variety of opportunities for the growth and expansion of the market
Detailed analysis about key market firms is also covered by this report. Following are the listed companies.
Dow Chemical Company
Evonik Industries AG
Church & Dwight Company Incorporated
Royal DSM NV
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