#SustainableAnimalFarming
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Animal Nutrition Market: Analysis & Industry
The global animal nutrition market, projected to reach $115 billion by 2027, is driven by increasing demand for animal-based products and the need for efficient, sustainable animal farming. The market encompasses feed ingredients, additives, and supplements essential for livestock, poultry, and companion animals. Key players include Cargill, ADM, Adisseo, Evonik, and Alltech. While facing regulatory and environmental challenges, advancements in animal nutrition research are expected to drive industry grow
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Animal Nutrition Market: Analysis & Industry
The global animal nutrition market is projected to reach $115 billion by 2027, growing at a CAGR of 6.3%. This market covers a range of feed ingredients, additives, and supplements for livestock, poultry, and companion animals. Driving factors include rising demand for animal-based products, the need for efficient and sustainable farming, and advancements in animal nutrition research. Key players include Cargill, ADM, Adisseo, Evonik, and Alltech. Challenges include regulatory concerns, environmental impacts, and competition from alternative proteins, but continued innovation is expected to drive industry growth.
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