North America Specialty Animal Feed Additives Market to expand steadily with inc

Use of specialty feed additives in North America is likely to witness an upward trend as the inclination to avoid the likely deficiencies of all the essential nutrients has risen in recent years. Given that the specialty animal feed additives boost the quality of the final animal products and have the ability to curb the environmental footprint of animal production, they have been gaining massive traction.

Demand for specialty ingredient which can offer a nutritional value, flavor and preserve feed has upped in recent years, as raw materials such as corn and wheat alone are not believed to be enough to satisfy animals’ needs pertaining to dietary intake of essential nutrients.

Accordingly, specialty feed additives such as amino acids, trace elements and vitamins have been gaining popularity among stakeholders. Besides, sustainable farmers are expected to be tilted towards specialty animal feed additives which play invaluable role to enhance feed conversion.

While sensory additives such as colorants and flavorings enhance the feed’s palatability and presentation, zootechnical additives have been enabling an efficient use of nutrients in the diet. For instance, active yeasts enhance the functioning of the digestive system by derailing the spread of hazardous micro-organisms.

Manufacturers are envisaging the U.S. as a favorable investment destination as specialty animal feed additives are said to enhance hygiene, handling, and the preservation of feed and their nutritive contents.

Notably, organic acids are being used to protect and preserve the product against any deterioration caused by bacteria and fungi. It is worth mentioning that antioxidants boost the shelf life of feedstuffs and help preserve omega 3 and omega 6 fatty acids in fish and meat.

North American farmers have been eyeing to adopt specialty animal feed additives to emulsify and preserve feed. For instance, demand for preservatives to prevent feed from deteriorating rapidly and to add a nutritious and healthy dimension for pigs, poultry, calves, fish and rabbits has risen drastically in the U.S. and Canada.

One of the major drivers linked to the growth of North America specialty animal feed additives market is the drastic rise in the rate of the disease.  For instance, pig feed industry has been grappling with African swine fever (ASFv). The Iowa-based Swine Health Information Center has stressed that the high stability of ASF across a diverse range of feed ingredients.

Scientists at Kansas State University revealed that ASFv can easily be transmitted orally to pigs. As such, investment in specialty animal feed additives is anticipated to rise in the next few years.

Novus International, Inc., stated in June 2018 that to have confirmed a deep dive investment review with Arkema, Inc., their partner, to expand their manufacturing capacity in the latter’s plant in Texas, USA. The facility is said to produce Novus AlIMET feed supplement, a major source of methionine.

Zinpro Corporation is poised to roll out new solutions for the poultry industry at the International Production and Processing Expo (IPPE) 2020. It is worth mentioning that in November 2018 the company acquired Paragon Specialty Products to offer customers with poultry nutrition solution.

While the COVID-19 pandemic fallout is being witnessed in specialty animal feed additives industry, the future of the market looks optimistic, given the fact that stakeholders, including leading companies have upped their investments to offer sustainable animal feed. As per the latest research report by Global Market Insights, Inc., North America specialty animal feed additives market is likely to exceed 6 mn by 2026.

Source: https://www.gminsights.com/industry-analysis/north-america-specialty-animal-feed-additives-market

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rohini sharma Joined: January 26th, 2021