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Animal Feed Preservatives Market Size
- Report ID: GMI7611
- Published Date: Dec 2023
- Report Format: PDF
Animal Feed Preservatives Market Size
Animal Feed Preservatives Market size was valued at USD 5.06 Billion in 2023 and is anticipated to witness more than 6.1% CAGR from 2024 to 2032. The industry has witnessed significant progression attributed to the increasing demand for high-quality animal nutrition and the need to prevent spoilage of feed ingredients. Key drivers of business expansion include the rising awareness among livestock producers about the benefits of using feed preservatives to maintain feed quality, improve animal health, and enhance productivity.
Factors such as growing concerns regarding food safety and the need to minimize economic losses due to feed wastage have also contributed to industry gains.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Animal Feed Preservatives Market Size in 2023: | USD 5.06 Billion |
| Forecast Period: | 2024 to 2032 |
| 2032 Value Projection: | USD 8.55 Billion |
| Historical Data for: | 2018 – 2023 |
| No. of Pages: | 120 |
| Tables, Charts & Figures: | 252 |
| Segments covered: | Preservatives Type, Animal Type, Form, Function & Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Animal Feed Preservatives Market Scope
