Animal Feed Additives Market is Expected to Reach USD 17.5 Billion Globally in 2018: Transparency Market Research

Animal Feed Additives Market is Expected to Reach USD 17.5 Billion Globally in 2018: Transparency Market Research PR Newswire ALBANY, New York, August 7, 2012 ALBANY, New York, August 7, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Animal Feed and Feed Additives Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2011 - 2018", global animal feed additives market was worth USD 13.5 billion in 2011 and is expected to reach USD 17.5 billion in 2018, growing at a CAGR of 3.8% from 2011 to 2018. In the overall global market, Asia Pacific is expected to maintain its lead position in terms of revenue till 2018. Asia Pacific is expected to enjoy 32.4% of global animal feed additives market revenue share in 2018 followed by Europe. Browse the full report at http://www.transparencymarketresearch.com/animal-feed-and- feed-additives-market.html The increase in global demand for meat and meat products has fueled the growth of global feed additives market over the last three years. This growth is particularly higher in emerging countries like China, India, and Brazil which contributed 23% in 2011 and expected to contribute 39% in 2018. The animal feed additives market is segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers and others (Trace minerals, NPN and so on).