FORT WORTH, Texas, December 18, 2014 /PRNewswire/ --
The North America Poultry feed & feed additive Market report studies the poultry feed & feed additive market in North America and presents with the current and future market trends and performance. The market is estimated to grow from around $48,103.5 million & $1,702.6 million in 2013 to $66,238.4 million & $2,303.3 million by 2018, at a CAGR of 6.6% & 6.2% between 2013 and 2018. The poultry feed & feed additives market in North America is growing due to the increasing demand for meat products
Browse through the TOC of the North America Poultry Feed Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
Early buyers will receive 10% customization on this report.
North America is one of the largest consumers of poultry feed and feed additives. The market is mainly driven by high growth potential in the Mexican and Canadian markets, while the U.S. market is focused on new, efficient, and safer animal poultry feed and feed additives. Research on flavored poultry feeds are being carried out in North America. Flavored poultry feeds might improve the management of broilers and layers as the palatability and performance of birds is expected to improve with consumption of such feeds.
The U.S. is the leading consumer of poultry feed & feed additive in North America with a share of around 83.6% & 85.1% of the total revenue in 2013. The broilers feeds segment has the largest market share in poultry feed while antibiotics segment has the largest share of poultry feed additives.
The report studies the various segments of the market, emphasizing on the market size in terms of value and volume. The report also identifies and studies the extent of impact of the various market drivers and restraints during the forecast period. Other highlights of the report include the competitive landscape and the various strategies planned and implemented by companies in order to expand their market presence and share. It also outlines the various growth opportunities that will arise for the market players during the forecast period.
The Asia-Pacific Poultry Feed Market was pegged at $69.9billion in 2013. It is projected to reach $93.3billion by the end of 2018, with a CAGR of 6.0%. Asia-Pacific Poultry Feed is segmented into broilers feed, layers feed, others feed (poultry) and turkeys feed comprising 52.2%, 37.7%, 6.4%, and 3.7% respectively, of the global poultry feed market.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
SOURCE MicroMarket Monitor