Saudi Arabia Feed Additives Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast T
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Saudi Arabia Feed Additives Market is projected to record growth due to rising incidences of livestock falling prey to diseases. Contracting imports of feed additives, increasing livestock population and construction of several livestock farms would act as the key drivers for the growth of Saudi Arabia feed additives market over the coming years.
Saudi Arabia feed additives market is projected to grow at a CAGR of 7.3% during 2019-25. The feed additives market in Saudi Arabia is heading towards an upward trend due to increase in demand for quality meat products and growing consumer awareness. Furthermore, the expected increase in the number of feed mills over the coming years.
By animal type, the Saudi Arabia feed additives market is segmented into poultry, cattle, aquaculture and others. The poultry segment leads the feed additives market owing to the increasing temperature in Saudi Arabia, inducing severe heat stress in the broilers. Furthermore, for curing epidemic in poultry, owners are utilizing betaine in feed by replacing choline chloride and methionine as the methyl donor in poultry diets, which is saving the feed costs in the long run.
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Last Update : Dec 05, 2019
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