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DUBLIN, June 29, 2020 /PRNewswire/ -- The "Global Animal Nutrition Market 2019-2028" report has been added to ResearchAndMarkets.com's offering. The publisher, in its research report, estimates the global market for animal nutrition to proliferate with a CAGR of 5.18% in the forecast years 2019-2028.The industrialization of livestock, coupled with the high demand for animal nutrition products, is driving the growth of the global market. Further, there has been an upsurge in demand for meat and other such food products, which provides lucrative opportunities for market growth. Additionally, with the rise in people's disposable incomes, they are spending largely on consuming meat, as well as buying top-notch nutritional products for their pets. This is immensely aiding the animal nutrition market growth.However, animal nutrition products can be costly, owing to which, there is limited adoption. Another issue plaguing the market growth is the wide distribution of counterfeits. Moreover, these are priced at relatively lower rates, and hence, they find many takers. However, their consumption can have adverse effects on the body. In addition, the rising environmental challenges also pose a major threat to the growth of the global market for animal nutrition.The global animal nutrition market encompasses the regions of Europe, the Asia-Pacific, North America, Latin America, and the Middle East and Africa.The Asia-Pacific region holds the largest share in the global market. Besides, it is also the fastest-growing market for animal nutrition across the world. The region produces the largest amount of animal feed globally, which plays a crucial role in the rising demand for the use of animal nutrition products. Further, the growing production of swine feed in nations like Vietnam and Indonesia is expected to influence positive growth in the regional market over the next eight years.The prominent companies in this market include SHV, Elanco, Cargill Incorporated, Kemin Industries Inc, Nutrien Ltd, DSM, Church & Dwight Co Inc, BASF SE, Balchem Inc, Alltech, Evonik Industries AG, Novozymes, and Tata Chemicals Ltd.Elanco is engaged in manufacturing animal feed and animal nutrition food products for animal health across the globe. The company caters to a diverse set of customers, ranging from veterinary doctors to food producers, and other entities in the animal health industry. Elanco is a division of Eli Lilly and Company. Over 35 of its animal health & agricultural products have received approval in more than 80 nations.Key Topics Covered: 1. Global Animal Nutrition Market - Summary2. Industry Outlook2.1. Market Definition2.2. Porter's Five Forces Model2.2.1. Threat of New Entrants2.2.2. Threat of Substitute Products2.2.3. Bargaining Power of Buyers2.2.4. Bargaining Power of Suppliers2.2.5. Competitive Rivalry2.3. Key Insights2.4. PESTEL Analysis2.5. Market Attractiveness Index2.6. Market Drivers2.6.1. High Demand for Animal Nutrition2.6.2. Industrialization of Livestock2.7. Market Restraints2.7.1. High Cost of Animal Nutrition Ingredients2.7.2. Counterfeit Products2.8. Market Opportunities2.8.1. Increasing Disposable Income2.8.2. Surging Demand for Meat and Animal-Based Food Products2.9. Market Challenge2.9.1. Rising Environmental Challenges3. Animal Nutrition Market Outlook - by Product Type3.1. Amino Acids3.2. Vitamins3.3. Minerals3.4. Enzymes3.5. Fish Oils and Nutrition Lipids3.6. Eubiotics3.7. Carotenoids3.8. Other Product Types4. Animal Nutrition Market Outlook - by Species4.1. Poultry4.2. Swine4.3. Ruminants4.4. Pets4.5. Other Species5. Animal Nutrition Market Outlook - by Application5.1. Animal Feed Manufacturers5.2. Farms5.3. Households5.4. Veterinarians5.5. Other Application6. Animal Nutrition Market - Regional Outlook6.1. North America6.1.1. Market by Product Type6.1.2. Market by Species6.1.3. Market by Application6.1.4. Country Outlook6.1.4.1. The United States6.1.4.2. Canada6.2. Europe6.2.1. Market by Product Type6.2.2. Market by Species6.2.3. Market by Application6.2.4. Country Outlook6.2.4.1. The United Kingdom6.2.4.2. Germany6.2.4.3. France6.2.4.4. Italy6.2.4.5. Spain6.2.4.6. Russia6.2.4.7. Rest of Europe6.3. Asia-Pacific6.3.1. Market by Product Type6.3.2. Market by Species6.3.3. Market by Application6.3.4. Country Outlook6.3.4.1. China6.3.4.2. India6.3.4.3. South Korea6.3.4.4. Australia & New Zealand6.3.4.5. Japan6.3.4.6. Asean Countries6.3.4.7. Rest of Asia-Pacific6.4. Middle East and Africa6.4.1. Market by Product Type6.4.2. Market by Species6.4.3. Market by Application6.4.4. Country Outlook6.4.4.1. Saudi Arabia6.4.4.2. Turkey6.4.4.3. United Arab Emirates6.4.4.4. South Africa6.4.4.5. Rest of Middle East & Africa6.5. Latin America6.5.1. Market by Product Type6.5.2. Market by Species6.5.3. Market by Application6.5.4. Country Outlook6.5.4.1. Brazil6.5.4.2. Mexico6.5.4.3. Rest of Latin America7. Company Profiles7.1. Nutrien7.2. Kemin Industries7.3. Novozymes7.4. Balchem Corporation7.5. BASF SE7.6. Tata Chemicals Ltd Spa7.7. Cargill Inc7.8. SHV Nv7.9. Church & Dwight Co Inc7.10. DSM Nv7.11. Elanco7.12. Alltech Inc7.13. Evonik Industries AG8. Research Methodology & Scope8.1. Research Scope & Deliverables8.1.1. Objectives of Study8.1.2. Scope of Study8.2. Sources of Data8.2.1. Primary Data Sources8.2.2. Secondary Data Sources8.3. Research Methodology8.3.1. Evaluation of Proposed Market8.3.2. Identification of Data Sources8.3.3. Assessment of Market Determinants8.3.4. Data Collection8.3.5. Data Validation & AnalysisFor more information about this report visit https://www.researchandmarkets.com/r/mnkuxx Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Worldwide Animal Nutrition Industry to 2028 - by Product Type, Species and Application