Animal Husbandry Input Market Research Reports
Animal Feed Additives
Animal Feed Additives and Animal Feed Fats & Protiens and Animal Nutrition adds up to total
China Feed Premix
The China feed premix market is projected to reach a value of USD 1,655.7 million by 2021, at a CAGR of 4.5% from 2016 to 2021. The feed premix market in China is driven by factors such as changing consumption pattern & increasing awareness level amongst consumers, Industrialization of the livestock sector, Incidences of counterfeit meat and other products, and the ban on antibiotics as growth promoters. The high growth potential in the country provides new growth opportunities for the market players.
The Vietnamese feed market is projected to reach a value of USD 9.52 billion by 2021, at a CAGR of 5.6% from 2016 to 2021. The market is driven by factors such as gradual shift from unorganized livestock farming to organized sector and the growing awareness regarding the importance of health and hygiene of livestock. The support provided by the government to foreign companies has also led to the development and growth of this market.