Feed Bussiness Worldwide: April 2014
A promising market with big challenges: The prismatic, multi-faceted world of feed supplements
by Eric J. BROOKS
According to a new study released by MarketsandMarkets, the overall world feed additives market had revenues of approximately US$16.18 billion in 2012 and is expected total US$20.2 billion by 2018. Its predicted 3.8% growth rate is in the low range of feed supplement market studies we surveyed, which forecasted market growth rates ranging from 3.8% to 4.2% over the next five years.
But these estimates are still roughly twice as fast as the forecasted 2% annual increase in world meat demand over the same time.
The full report is published on the March 2014 issue of FEED Business Worldwide. To read the full report, please email to inquiry@efeedlink.com to request for a complimentary copy of the magazine, indicating your name, mailing address and title of the report.
