Egypt Animal Feed Additives Market Outlook (2018 to 2032)
Synopsis
The above chart is Egypt Animal Feed Additives Market Outlook (2018 to 2032)
Market Dynamics
egypt is one of the leading markets for animal feed additives in the middle east and africa region. animal feed additives play a critical role in improving animal health, production performance, and profitability of livestock operations. the country is expected to experience remarkable growth in the demand for animal feed additives over the coming years primarily due to the growing demand for meat, poultry and dairy products as well as a developing industrial livestock sector.
in egypt, the demand for animal feed additives is primarily driven by factors such as a rising trend towards improved livestock nutrition, increased meat consumption, growth in the poultry industry, growth in gene-based medicine, and a government focus on creating awareness and initiating programs for animal feed nutrition.
government initiatives such as importing atomized diet residue for livestock feed production, setting up feed lot centers to increase productivity and profit, and awarding of subsidies to encourage the use of animal production technologies, are expected to propel the demand for animal feed additives in the country during the outlook period.
the egyptian government is emphasizing the development of non-conventional feed ingredients, such as aqua feed, fortified maize, vegetable proteins, and feed supplements, to reduce the cost and improve the feed quality. furthermore, the egyptian government subsidizes animal feed production, which is expected to boost the demand for animal feed additives over the forecast period.
furthermore, the increase in demand for pet food due to the growing trend of pet adoption in the country is likely to fuel the demand for animal feed additives in the coming years. livestock breeders, feed millers and pet food makers are continually working to improve the health and productivity of livestock by developing novel and different feed strategies.
in the coming years, the feed additives market is projected to be driven by the rising number of large-scale livestock production systems, advancements in technology, growing demand for animal-based proteins, and growing investment in research and development and product innovation. these factors are expected to boost the demand for animal feed additives in egypt during the outlook period.