Increasing shift from antibiotics towards feed additives developed with the integration of organic and natural ingredients is likely to significantly fuel the production sales of animal feed additives in the forthcoming years. Apart from this, growing emphasis is observed with regards to zoonotic and foodborne diseases, which in turn is expected to drive the global market for animal feed additives.
There is increasing consumer demand for poultry and meat products, especially from the middle class, which is highly influencing the farm owners for increasing the quality of their products without compromising the quality. According to the current scenario, in order to cater to the stringent guidelines and quality checks that would help in meeting the safety standards is driving the need for addition of feed additives in the farms.
A recent report anticipates that the global market for animal feed additives will expand at a sluggish 2.7% CAGR during the forecast period, 2016-2026, to reach an evaluation of over US$ 18,755.4Mn by 2026-end. Companies namely Zoetis Inc., BASF SE, Phibro, Nutreco N.V., EVONIK INDUSTRIES AG, Novozymes A/S and Cargill, Inc. amongst others will witness a notable growth globally. Prominent companies are planning to focus on marketing strategies such as product innovations and increasing their product portfolio. Apart from this, companies such as Delacon Biotechnik Ges.m.b.H and Integral Nutrição Animal are also contributing significantly towards the expansion of global market for animal feed additives.
Cargill, Incorporated Enters Into Partnership With Delacon Biotechnik Ges.m.b.H.
Cargill, Incorporated recently announced about its partnership with a European phytogenic company, named Delacon Biotechnik Ges.m.b.H. This partnership will benefit Cargill, Incorporated with the expansion of its animal food business, thereby developing facilities for manufacturing organic products as well. Key players and manufacturers must note that by far, the heavy investment made by Cargill, Incorporated in Delacon Biotechnik Ges.m.b.H is the highest for the purpose of naturally fed animals.
The feeds offered by Delacon Biotechnik Ges.m.b.H are considered as a beneficial natural alternative for the enterprises as well as individual livestock farmers. Especially, it is beneficial for the ones who are planning to produce antibiotic-free feeding solutions, thereby shifting from chemically-altered feeds.
Cargill, Incorporated Acquires Integral Nutrição Animal
Cargill, Incorporated recently announced about its acquisition of Integral Nutrição Animal, a privately owned domestic producer of the animal feed products. Cargill, Incorporated has been taking immense efforts in diversifying into new business as the global grain traders have been experiencing marginal squeeze due to glut of crops. Key players and manufacturers are to note that this partnership has provided Cargill, Incorporated with 100% access to the assets of Integral Nutrição Animal.
Apart from this, Cargill, Incorporated has also obtained a facility in Goiás, which is considered as nation’s one of the important cattle growing states. The acquisition is expected to benefit Cargill, Incorporated in multiplying its revenue shares of mineral salt cattle feeds. The company is also planning to acquire Diamond V for expanding its global animal nutrition and health businesses.
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