Recent Developments

Zoetis Inc. declared the acquisition of Abaxis, an innovator in the advancement, produce, and showcasing of analytic instruments for veterinary purpose of-care administrations for USD 83 for each offer in real money, or around USD 2 billion in total. Abaxis, with its VetScan group of indicative instruments, brings Zoetis experienced partners and a demonstrated, aggressive stage for development in diagnostics.

Zoetis is the main animal health organization, committed to supporting its clients and their organizations. Expanding on over 60 years of involvement in animal health, Zoetis finds, creates, makes and markets veterinary antibodies and drugs, supplemented by indicative items, hereditary tests, biodevices and scope of administrations. Zoetis serves veterinarians, domesticated animals makers, and individuals who raise and care for ranch and buddy creatures with offers of its items in excess of 100 nations. In 2017, the organization created a yearly income of $5.3 billion with roughly 9,000 representatives.

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Market Segmentation

Market Data Forecast published a report named Poultry Feed Market was worth USD 7.84 billion in 2018 and estimated to be growing at a CAGR of 6.10%, to reach USD 10.54 billion by 2023.

Report segmented as:

Type:

Broilers
Turkeys
Layers
Others
Feed additives:

Amino acids
Feed enzymes
Antioxidants
Vitamins
Antibiotics
Feed acidifiers
Based on the type, Broilers holds the major share in the market. Underfeed additives, Feed acidifiers attribute to the largest share among all other poultry additive segments, globally.

Geographical Segmentation:

Based on geography, the global market is analyzed under various regions namely North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. With the shift in demand of poultry products from west to east, Asia-Pacific region is the fastest growing region among all the other regions mentioned while North America is having the largest share of the market.

Key Market Players:

JBS S.A. (Brazil)
Tyson Foods (U.S.)
BRF (Brazil)
CP Group (Thailand)
Wen’s Food Group (China)
Royal DSM N.V. (The Netherlands)
Charoen Popkhand Foods (Thailand)
ADM (Archer Daniels Midland Company) (U.S)
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The Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook on the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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