Agricoltura
Antibiotic Alternatives Stimulate New Product Development in Global Animal Feed Ingredient Market
"Amino acids dominate the global industry and are expected to remain in the top position, generating revenues of $11.5 billion by 2026. The ever-growing demand for high-quality meat has forced livestock farmers to also fortify animal feed with , , , and . The effort to ensure high-quality protein concentration intensifies each year," said . "As farmers gradually reduce and discontinue the use of antibiotic growth promoters, the rising demand for its alternatives creates new revenue streams for manufacturers in this space."
added: " North America holds the highest position in meat consumption per capita, but Asia-Pacific is expected to dominate the animal feed ingredient market, mainly due to the region's high population, increasing per-capita disposable income, growing per-capita meat consumption, and constant change in regulatory frameworks against the use of antibiotic growth promoters. Europe , on the other hand, is projected to witness a decline in meat consumption per capita due to changing dietary patterns, social concerns for animal welfare, and shifting interest toward processed and lab-grown meat."
To leverage the growth opportunities presented by the changing landscape, feed ingredient manufacturers should:
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Zuzana Zukarnain
Global Corporate Communications
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