Animal Feed Additives Market anticipated to expand at CAGR of 3.5% from 2022 to 2030
Animal Feed Additives Industry Overview The global animal feed additives market size was valued at USD 39.6 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 3.5% from 2022 to 2030. This growth is attributable to the surging consumption of meat and animal-based products by consumers, the steadily increasing global population, and growth in the population of livestock. Gather more insights about the market drivers, restrains and growth of the Global Animal Feed Additives Market Animal feed additives are an essential component of breeding livestock, as they help in disease prevention in animals, improve the rate of weight gain, feed digestion, vitamin intake & conversion, and in so doing improve the quality of the meat. These are extensively utilized globally as they are vital for maintaining the overall health of the livestock on a commercial as well as non-commercial scale. The U.S. has a significant meat-consuming population, which is ...