Healthy animals require sufficient quantity of carbohydrates and proteins in addition to the necessary vitamins and dietary minerals. These nutrients are added to the animal diet as feed additives. Poultry feed is mainly comprised of carbohydrates, proteins, and fats. Carbohydrates are the major source of energy and constitute the largest component of animalfeed, followed by plant proteins and animal protein sources. Feed additives are included in the poultry feed to improve the animals’ growth efficiency and birds’ egg-laying capacity, prevent diseases, and boost feed utilisation. Additives such as flavour enhancers, artificial and nutritive sweeteners and colours, among others, are added to the animal diets to enhance quality.
In the recent years, Spain has seen a steady growth in the demand for feed additives, primarily driven by rise in demand for quality meat products, westernization and increase in consumer spending levels. Government plans to phase out production of water-intensive crops and animal feeds have further fueled the market growth. Moreover, new innovations and breakthroughs in the industry have impelled the growth and made Spain an important market with a potential for higher growth.
The feed additives market is fragmented on the basis of type and stock.
The Amino Acids segment, including lysine, methionine, tryptophan and thiamine, has the largest share among the additive types.
The poultry industry is the dominant segment.
The feed additives industry is dominated by prominent players like Tolsa, Alfalfa Monegros, Agropienso, PiensosOrtin, Cargill, Tate & Lyle, DuPont Danisco, DSM, Givaudan, BASF, and Novozymes. These leading companies are mainly focused on developing efficient management techniques for the market.
Report ContentsReport Highlights
Spain Feed Additives Market Drivers, Restraints and Opportunities
Spain Feed Additives Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Spain Feed Additives Market Current Trends
Competition &Major Companies
Technology and R&D Status
Strategic and Critical Success Factor Analysis of Key Players
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
In-depth Market Segmentation
Historical and Projected Market Sizing in terms of volume and value
Recent market trends and Impact Factors
R&D Status and Technology Overview
Extensive Industry Structure Coverage