The Global Market for Animal Feed Additives is Projected to Reach US$21.2 Billion by the Year 2024
Growing Meat Consumption & Increased Regulatory Supervision Against Antibiotic Use to Drive the Animal Feed Additives Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Animal Feed Additives market. The global market for Animal Feed Additives is projected to reach US$21.2 billion by the year 2024 , driven by growing global consumption of meat, industrialization of livestock production, and increasing concerns over indiscriminate use of antibiotics and rising incidence of antibiotic resistance among humans. The global market for animal feed additives is expected to witness healthy growth in the coming years. Industrialization of livestock production represents one of the key market drivers. Increasing per capita meat consumption and the subsequent commercialization of meat production and rise in consumer concerns regarding