U.K. Animal Feed Additives Market Outlook (2018 to 2032)
Synopsis
The above chart is U.K. Animal Feed Additives Market Outlook (2018 to 2032)
Market Dynamics
the uk animal feed additives market is forecast to witness steady growth during the forecast period 2018-2032, driven by the rising demand for organic and natural feed products, growing consumption of pet food, and technological advancements in feed production. the availability of quality feed and its affordability are considered the two major factors helping the growth of the industry.
organic and natural feed ingredients have become more popular worldwide, owing to the increased concern amongst customers about animal health and welfare, as well as environmental sustainability. thus, the demand for organic feed ingredients, such as flaxseed and others, is expected to increase over the forecast period. technological advancements in feed production, such as feed fortification, are likely to increase the efficiency and number of feed products available in the market.
in addition, the rising consumption of pet food is a key factor driving the growth of the feed additives market in the uk. pet food contains many nutrients, which maintains the health of animals. the growing demand for these products is expected to drive the feed additives market in the uk over the forecast period.
apart from organic and natural feed ingredients and pet food, the uk animal feed additives market is also expected to be driven by increased usage of functional ingredients in feed products, such as trace minerals, vitamins, probiotics, amino acids, and prebiotics. these ingredients are used to improve the nutritional content in feed and benefit animal health over the long-term. technological advancements have enabled feed producers to produce products that possess superior nutritional content.
furthermore, the development of innovative products, such as animal feed additives with enhanced functionalities, is likely to further drive the market during the forecast period. companies are investing in research and development for producing products with higher nutritional values, better performance, greater safety, and longer shelf life. hence, the development of innovative products is expected to fuel the growth of the market in the uk.