Industrialization of Meat Production to Enhance the Growth of Animal Nutrition Market
Rapidly rising mass production of meat and meat products is an indicator of growing trend for landless meat production. Usage of high/more productive genetics has led to quality production of meat industrially. The meat producers are shifting form traditional meat production methods to industrialized meat production. In the developed economies such as North America and Europe the meat processing and production companies are collaborating to increase production of meat with less number of land facilities. In developed economies such as the U.S. government and other financial institutions are supporting growth of such models. Concentrated Animal Feed Operations (CAFO) is one of the popular models for landless meat production.
The change from traditional to industrialized meat production warrants a stringent regulatory framework to safeguard the consumers and also to control the use of unhealthy animal feed to enhance meat production. Meat production on big scale may lead soil and water contamination as approximately 70% to 90% of nitrogen and phosphorous consumed by livestock turns into toxin in the form of animal waste. Use of animal nutrition products is a perfect solution as it reduces phosphate and ammonia content in animal waste. It also increases water retention in livestock that enhances meat quality. Increase in industrial production of meat, especially in emerging economies such as India and China drive demand for animal nutrition products. Asia Pacific animal nutritional market accounted for around 29% in 2014 globally and is estimated to grow at a CAGR of 6.8% during 2015-2020 whereas the global animal nutrition market
is estimated to reach $18,883.3m by 2020.
- Animal Feed Additive Market Analysis: By Type (Technological & Zoo technical feed additives, Nutritional Feed Additives, and Sensory Feed Additives), By Livestock (Swine, Poultry, Cattle, Aquaculture and Others) - With Forecast (2015 - 2020)
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