The North American acids and nutrients in animal nutrition market size is expected to reach USD 4.33 billion in 2024 and reach USD 5.22 billion by 2029, growing at a CAGR of 5.23% from 2024 to 2029. North America also contributes a considerable share of the market.
Mostly many types of foods consist of mixture of some or all of the classes together with some other ingredients such as toxins or any other sorts. Very few nutrients can be stored inside for example the fat soluble vitamins. Bad health can be due to lack of essential nutrients or in worst cases, high content of required nutrition food. For example, both water and salt will make sick or even may cause death.
The increase in the awareness of the quality of animal feed for domestic animals and the requirements of nutrition value for the animals are the drivers for Acids and Nutrients in the animal nutrition market. The increase in the use of animal feed is expected to have a good impact on the growth of the market in the future. Growth in the meat and milk sectors is showing an impact on the manufacturers of feeds to give more quality feeds that are rich in nutrients and acids. Hence adding to the growth of the market. High-nutrition feeds promise good health to the animals and protect them from endemic diseases. Using amino acids has its own benefits. Huge volume requirements for cattle feed is the major driving factor for the market. High development can be seen in aquaculture for the nutrition and health maintenance of the animals in water because of the large human consumption of aquatic animals like fish and others that are highly helping in the growth of the market.
Amino acids are the major segment that contributes to the growth of the market.
Ruminants are to dominate the market and are expected to continue in the following years.
Some of the major companies dominating the market, by their products and services Adisseo France S.A.S, Archer Daniels Midland Company, BASF SE, Cargill Incorporated, Charoen Pokphand Foods Pcl., Royal DSM N.V., Evonik Industries Ag, and Nutreco N.V., Alltech, Novus International Inc.
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