Boosting Demand for Animal Feed Additives in Central and Eastern Europe, Says Frost & Sullivan

Boosting Demand for Animal Feed Additives in Central and Eastern Europe, Says Frost & Sullivan PR Newswire LONDON, Dec. 13, 2012 - Feed additives are the answer to rising costs of raw materials, and enable safe and wholesome produce LONDON, Dec. 13, 2012 /PRNewswire/ -- The rising costs of wheat, barley and soybean, used to feed livestock, are motivating farmers to replace these raw materials with more feed additives. Such feed additives usually complement an animal's diet, but are now being used in greater quantities. This is because crops traditionally used as livestock feed, are turning towards more lucrative biofuel applications. New analysis from Frost & Sullivan (http://www.food.frost.com), Analysis of the Central and Eastern European Animal Feed Additives Market, finds that the market earned revenues of €798.6 million in 2011, and estimates this to reach €1,029.9 million in 2018. The segments covered in the research include vitamins, trace minerals, amino acids, essential fatty acids, acidifiers, enzymes, prebiotics, probiotics, antioxidants and mycotoxin inhibitors. Feed additives increase animal growth, reduce environmental pollution and decrease production costs. Moreover, they enhance the physical characteristics of the feed material, improve nutrients' digestibility and eliminate pathogens.