| Product Code: ETC4597465 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India acids & nutrients in animal nutrition market import shipment experienced a significant decline with a CAGR of -26.8% from 2020 to 2024. The growth rate between 2023 and 2024 further contracted by 18.0%, indicating a continued downward trend, signaling a substantial slowdown in market expansion.
Acids and nutrients are crucial components of animal nutrition, aiding in digestion and overall health. This market is flourishing as livestock and poultry farmers strive to enhance feed efficiency and animal well-being. The inclusion of acids and nutrients in feed formulations is becoming standard practice, promoting the growth and development of the India livestock industry.
The acids nutrients in animal nutrition market in India is witnessing substantial growth due to a combination of factors. First and foremost, there is a growing awareness among livestock farmers about the importance of using acid-based additives to improve animal health and productivity. These additives enhance nutrient absorption and digestion, resulting in improved feed conversion rates and overall animal performance. The need to address the challenges of livestock diseases and the demand for meat and dairy products further drive the adoption of acid nutrients in animal nutrition.
The India acids and nutrients in animal nutrition market faces challenges related to the precise use of acids and nutrients to enhance animal health and performance. One significant issue is the development of effective acidifiers and nutrient supplements that can replace or reduce the reliance on antibiotics in animal diets, given the evolving regulations and consumer preferences. Accurately determining the right dosage and timing of acidifiers and nutrients in animal diets is another challenge, as overdosage can have adverse effects. Moreover, ensuring the safety and efficacy of these products in various environmental conditions and for different animal species is a continuous endeavor for the market.
The India Acids and Nutrients in Animal Nutrition market was not immune to the disruptions caused by the COVID-19 pandemic. Supply chain interruptions and logistical challenges affected the distribution of these critical additives. Reduced economic activity and uncertainties in the livestock sector impacted the market. However, as the importance of animal health and nutrition gained prominence during the pandemic, there has been a renewed focus on acids and nutrients in animal nutrition. The market is gradually recovering as the livestock sector adapts to the changing landscape and seeks to enhance animal immunity and well-being.
The India acids and nutrients in animal nutrition market is served by key players like Novus International, BASF SE, and Kemin Industries. These companies provide a range of acids and essential nutrients that contribute to the overall health and performance of animals.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Acids & Nutrients in Animal Nutrition Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, 2021 & 2031F |
3.3 India Acids & Nutrients in Animal Nutrition Market - Industry Life Cycle |
3.4 India Acids & Nutrients in Animal Nutrition Market - Porter's Five Forces |
3.5 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 India Acids & Nutrients in Animal Nutrition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of animal nutrition for livestock health and productivity |
4.2.2 Growing demand for high-quality animal products such as meat, milk, and eggs |
4.2.3 Rising adoption of modern farming practices and technologies in the Indian agriculture sector |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of acids and nutrients for animal nutrition |
4.3.2 Stringent government regulations on the use of certain additives in animal feed |
4.3.3 Competition from alternative sources of animal nutrition such as natural feeds and supplements |
5 India Acids & Nutrients in Animal Nutrition Market Trends |
6 India Acids & Nutrients in Animal Nutrition Market, By Types |
6.1 India Acids & Nutrients in Animal Nutrition Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Amino Acids & Proteins, 2021-2031F |
6.1.4 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Minerals, 2021-2031F |
6.1.5 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Vitamins, 2021-2031F |
6.1.6 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Fibers & Carbohydrates & Organic Acids, 2021-2031F |
6.2 India Acids & Nutrients in Animal Nutrition Market, By Livestock |
6.2.1 Overview and Analysis |
6.2.2 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Ruminant, 2021-2031F |
6.2.3 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Poultry, 2021-2031F |
6.2.4 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Aqua, 2021-2031F |
6.2.5 India Acids & Nutrients in Animal Nutrition Market Revenues & Volume, By Swine & Equine, 2021-2031F |
7 India Acids & Nutrients in Animal Nutrition Market Import-Export Trade Statistics |
7.1 India Acids & Nutrients in Animal Nutrition Market Export to Major Countries |
7.2 India Acids & Nutrients in Animal Nutrition Market Imports from Major Countries |
8 India Acids & Nutrients in Animal Nutrition Market Key Performance Indicators |
8.1 Average daily weight gain of livestock consuming acids and nutrients in their feed |
8.2 Percentage of farmers using acids and nutrients in animal nutrition programs |
8.3 Number of research studies highlighting the benefits of acids and nutrients in animal nutrition |
9 India Acids & Nutrients in Animal Nutrition Market - Opportunity Assessment |
9.1 India Acids & Nutrients in Animal Nutrition Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Acids & Nutrients in Animal Nutrition Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 India Acids & Nutrients in Animal Nutrition Market - Competitive Landscape |
10.1 India Acids & Nutrients in Animal Nutrition Market Revenue Share, By Companies, 2024 |
10.2 India Acids & Nutrients in Animal Nutrition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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