Skip to main content

The rising cases of zoonotic diseases to boost Animal Nutrition Market growth

 


Market Overview:

Animal nutrition refers to the nutritional necessities of food-production, companion, or service animals. It is the kind of making or design of feed for animals that make food such as milk or meat or nonfood substances. Nutrients are materials in feed that are utilized by the animal for growth and manufacture.

Competitive Landscape:

Key players involved in the global animal nutrition market are Tata Chemicals, Archer-Daniels-Midland Company, Dow Chemical Company,Evonik Industries AG, Adisseo France SAS, Royal DSM N.V., Kemin Industries, Inc.,  Alltech, BASF SE, Cargill Inc., DuPont, Novozymes A/S, and Nutreco N.V. 

Market Key Drivers:

The rising cases of zoonotic diseases is expected to propel the growth of global animal nutrition market. For instances, as per WHO, around one billion cases of illness and one million cases of fatalities occur due to zoonoses annually.

Increasing demand for safe and nutritious food for animals is anticipated to drive the growth of global animal nutrition market. For instance, as per FAO, necessity for animal derived-protein would double by 2050.

Covid-19 Impact Analysis:

The Covid-19 outbreak has adversely affected the growth of global animal nutrition market owing to the strict lockdown and restrictions imposed by the government. The closure of manufacturing units and the disruption in the supply chain acted as a limitation in the market growth.

Key Takeaways:

The global animal nutrition market is anticipated to exhibit a CAGR of XX % during the forecast period owing to change in requirements of nutrients by the animals. For instance, older animals might have health issues related to aging, which needs varied nutritional requirement such as mineral and vitamin additions. 

Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in the global animal nutrition market due to product expansions, approvals and launches. For instance, in July 2022, the Nutrition & Health Division of BASF was expanding its place as an ingredients collaborator for animal nutrition and human nutrition companies.

 

 

 

 

 

 

 

 

Labels:

Comments

Post a Comment

Popular posts from this blog

The Global Autoclave Equipment Market Continues To Grow Owing To the Rising Demand from Healthcare Sectors for Sterilizing Medical Equipment to Ensure the Safety of the Post-Surgical Period

  Autoclave equipment is the most popular sterilization method in the industry and is used for many applications including the manufacture of food products. It is widely used in the foodservice industry to sterilize and cleanse equipment used in the process of preparing and serving food. The autoclave is the abbreviated form of autolysis which means oxidation. Autoclaves have various parts including an electric motor, a condenser, and a burner. Autoclave equipment includes vials for sealing the autoclave, a glass or plastic container that has been lined with wax or plastic, and the appropriate autoclave equipment accessories such thermometer for measuring the temperature of the autoclave. All modern steam sterilizing equipment & autoclave machines provide a much-refined workflow experience, which makes you reconsider whether or not steam sterilizing is all it can be. A wide range of sterilization methods is used for sterilizing your medical and laboratory specimen so the right ...
Post a Comment
Read more

Biologics Market Increasing Prevalence of Chronic Diseases to Augment Growth of the market

  A  biologic  drug ( biologics ) is a product that is produced from living organisms or contains components of living organisms.  Biologic  drugs are widely used to prevent, diagnose, treat, or cure a variety of diseases, including infectious diseases, autoimmune disorders, chronic kidney disease, and cancer. Market Dynamics In the recent past, several novel biopharmaceutical products were approved by major regulatory bodies and major players in the market have launched various novel and innovative biopharmaceutical products. Rapid approvals and launches of novel products in the market are expected to be major drivers for growth of the biologicsmarket . 
Post a Comment
Read more

Treprostinil Drugs Market - High Prevalence of Pulmonary Arterial Hypertension and R&D of New Formulations of Treprostinil to Augment Growth of market

  Treprostinil is an antihypertensive agent used to treat patients with pulmonary arterial hypertension. It can also be used in the treatment of Degos disease, an extremely rare disorder in which small and medium sized arteries become blocked (occlusive arteriopathy), restricting the flow of blood to affected areas. Market Dynamics High prevalence of pulmonary arterial hypertension is expected to propel growth of the treprostinil drugs market . For instance, according to the study, ‘High Geographic Prevalence of Pulmonary Artery Hypertension: Associations with Ethnicity, Drug Use, and Altitude’, published in February 2020, in the journal Pulmonary Circulation, the overall pulmonary arterial hypertension incidence was 14 cases per million and the annual period prevalence of pulmonary arterial hypertension was 93 cases per million. Decline in new prescriptions for treprostinil-based products is expected to hinder growth of the treprostinil drugs market. For instance, United The...
Post a Comment
Read more