Vietnam Animal Feed Additives Market Worth USD 160.5

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Vietnam Animal Feed Additives Market Worth USD 160.5 Million By 2022 : Radiant Insights,Inc

San Francisco, Dec. 02, 2015 (GLOBE NEWSWIRE) -- Vietnam animal feed additives market is expected to reach USD 160.5 million by 2022. Increasing per capita meat consumption is expected to be major factor driving Vietnam Animal Feed Additives Market over the next seven years. With increasing meat consumption, domestic market for animal feed has been experiencing significant growth since the last few years. Increasing requirements for high quality feed from animal farmers is expected to drive demand for feed additives such as feed enzymes, feed acidifiers, amino acids and antioxidants.

Antibiotics emerged as the leading product segment and accounted for over 36% of the total market revenue in 2014. Nascent domestic probiotics production coupled with animal farmer's inclination towards antibiotics as growth promoters has been instrumental in its growth. Increasing incidences of microbial diseases among farm animals is expected to drive antibiotics demand over the forecast period. Funding initiatives to develop probiotics domestically is expected to challenge antibiotics consumption since most animal farmers prefer the latter owing to their easy availability and cheaper costs compared to antibiotics.

 

Browse Full Research Report With TOC On "Vietnam Animal Feed Additives Market Analysis By Product (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers), By Application (Pork/Swine, Poultry, Cattle) And Segment Forecasts To 2022" at:   http://www.radiantinsights.com/research/vietn...ts-to-2022

 

Further key findings from the study suggest:

  • Vietnam animal feed additives market was USD 112.4 million in 2014 is expected to reach USD 160.5 million by 2022, growing at a CAGR of 4.7% from 2015 to 2022.
  • Feed acidifiers are expected to be the fastest growing product segment over the next seven years on account of their increasing consumption in poultry feed. Shift in meat consumption from pork to poultry is expected to further drive poultry feed demand, thus further complementing feed acidifiers growth.
  • Poultry was the largest application market and accounted for over 38% of the total market revenue in 2014. Increasing per capita poultry consumption is expected to be a major factor driving its growth over the forecast period. Apart from being the largest application segment, poultry is also projected to be the fastest growing application segment in the nation.
  • Vietnam animal feed additives market is highly dependent on imports. Animal feed additives imports accounted for more than 77% of the overall consumption in 2012. Antibiotics were the leading product imported followed by amino acids.
  • Vietnam animal feed additive exports grew by 12% from 2012 to 2014, primarily driven by growing domestic production that can be attributable to government initiatives to promote investment in domestic animal feed & feed additives market.
  • Vietnam animal feed additives market is largely dominated by overseas producers who currently account for more than 70% of the total market. Easing of FDI norms to promote foreign capital has been a major factor for increasing presence of multinational companies in the regional market.

 

Browse All Reports of This Category at: www.radiantinsights.com/catalog/food

 

Vietnam Animal Feed Additives Product Outlook (Revenue, USD Million, 2012 - 2022)

  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acids
  • Feed Enzymes
  • Feed Acidifiers
  • Others

 

Vietnam Animal Feed Additives Application Outlook (Revenue, USD Million, 2012 - 2022)

  • Pork/Swine
  • Poultry
  • Cattle
  • Others

 

Related reports by Radiant Insights:

  • Global Commercial Refrigeration Equipment Market –

http://www.radiantinsights.com/research/globa...-2015-2019

 

  • Global Equine Healthcare Market –

http://www.radiantinsights.com/research/globa...-2015-2019

About Radiant Insights

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy.Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

Contact Details:

Michelle Thoras                          

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Web : http://www.radiantinsights.com/

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Samuel Oschin Center Opens, Promising Wonder

Updated Category News Views 179

A Grand New Space for Space Well, here's a sight for sore eyes—California Science Center's Samuel Oschin Air and Space Center just swung its doors open wide, and boy, it's a beast of a place. Housing a spectacle like the Space Shuttle Endeavour in a vertical launch position, it's as if they've reached up and snagged a piece of the sky itself for their exhibits. They're...

Continue Reading
Microsoft's Cloud Misstep: Recovery Plans in Focus

Updated Category News Views 133

Microsoft's Stumble Puts CIOs on Alert Thursday's Microsoft 365 outage, a wrench in the works for every firm that ties its daily operations to these cloud services, has brought some harsh truths to the table. On November 12, outages hit users hard, preventing access to Exchange Online mailboxes and sending ripples through Teams, SharePoint, Copilot, and Defender. You...

Continue Reading
Manhattan Associates Faces Investigation by KSF Law Firm

Updated Category News Views 171

KSF Digs Into Manhattan Associates' Claims In the swirl of the financial world, you rarely see an investigation that doesn’t raise a few eyebrows. This time, it's Manhattan Associates, Inc. (NasdaqGS: MANH) squarely in the crosshairs of Kahn Swick & Foti, LLC (KSF), a pivotal player in securities litigation. You’ve got to wonder what dirt might be uncovered here,...

Continue Reading
Novo's Research Unlocks New Insights into Food Noise

Updated Category News Views 161

Unpacking the Science Behind Food Noise When folks think about losing weight, most picture shedding pounds and fitting into those elusive smaller jeans. But get this—there’s a curveball called ‘food noise’ that’s making waves in obesity treatment. Novo Nordisk’s semaglutide injections are shaking things up, cutting down on those persistent thoughts about food....

Continue Reading
Euroandinos Paita Closes Consent for 2037 Notes

Updated Category News Views 122

Port Strategy and Financial Implications Terminales Portuarios Euroandinos Paita S.A., nestled in the Peruvian transport sector, has been tight-rope walking through its debt landscape. Announcing a successful consent solicitation on November 13, 2026, they've taken a significant step towards reconfiguring their long-term financing game. This puppet show of paperwork...

Continue Reading
YSTUDIO's Pens: A Nod to the Power of Writing

Updated Category News Views 175

Slow Down, Write On: A New Era for Stationery In a world where sentiments zip around with a swipe, here we find YSTUDIO tapping into something analog and profound. Their latest offerings—a 'Brand Day Gift Box' and the 'Inner Universe' pen series—are more than just high-end stationery. They’re an invitation to reconnect with the written word, a gesture to slow our...

Continue Reading
vVARDIS Debuts on NYSE: Transforming Dental Care

Updated Category News Views 92

A New Chapter for Dental Tech Mark your calendars, folks. vVARDIS is stepping onto the New York Stock Exchange (NYSE) stage, waving the banner of NYSE:VVVV. Now, if you've ever sat in that squeaky dental chair feeling the dread of a drill, vVARDIS might just be the new hero in town. Founded by the dynamic duo, Dr. Haley and Dr. Goly Abivardi, they're on a mission to...

Continue Reading
Lilly's Obesity Breakthroughs: A Step Beyond the Scale

Updated Category News Views 94

Pushing the Boundaries of Obesity Treatment Alright, let's cut through the noise and get to what really matters here. Eli Lilly is taking on obesity treatment like it's Clash of the Titans at this year's ObesityWeek 2026 in Washington, D.C. Forget just dropping pounds—Lilly wants to reshape how we think about obesity entirely. They're not just leaning into the scale,...

Continue Reading
El Pollo Loco Faces Class Action Over Wage Practices

Updated Category News Views 170

Alright, here's where things start sizzling—El Pollo Loco, the fast-food chicken chain whose name translates to 'The Crazy Chicken'—is in a legal pickle. The lawsuit hanging over their heads could spell a sticky situation for them and possibly ripple through the fast-food industry. The suit, filed by the steadfast firm Blumenthal Nordrehaug Bhowmik De Blouw LLP, has...

Continue Reading
Accuray Finishes Key Deal, Resetting Financial Trajectory

Updated Category News Views 136

Accuray Secures the Deal, But Is the Future Bright? Every now and then in the investing world, a company pulls off a maneuver that you wish you’d thought of first. Today, folks, it's Accuray's turn. They've just wrapped up a monstrous transaction with TCW – their primary lender and shareholder – that has them feeling optimistic about the road ahead. Bold Moves to...

Continue Reading

Top 5 Most Recently Viewed Articles

Berry Global Plans Senior Secured Notes Offering Ahead of Merger

Updated Category News Views 126

Berry Global’s Strategic Offering of Senior Secured Notes In an exciting development, Berry Global Group, Inc. (NYSE:BERY) has outlined plans for the issuance of senior secured notes through its subsidiary, Treasure Escrow Corporation. This move is a crucial step in conjunction with the anticipated merger of Berry's Health, Hygiene and Specialties Global Nonwovens and...

Continue Reading
Hexaware Technologies Expands Presence with New London HQ

Updated Category News Views 260

Hexaware Technologies Expands Its Footprint with New Headquarters Hexaware Technologies, a renowned name in the realm of IT, AI, and digital services, has recently taken a significant step by inaugurating its new UK headquarters at One Canada Square, in the vibrant Canary Wharf area. This new facility is set to play a crucial role in the company’s strategy to enhance...

Continue Reading
Aroa Biosurgery Advances in Treating Venous Leg Ulcers

Updated Category News Views 343

Aroa Biosurgery Advances in Treating Venous Leg Ulcers Aroa Biosurgery, a leading name in soft tissue regeneration technology, has achieved a significant milestone in clinical evidence for their proprietary Endoform product. The company announced that over 100 peer-reviewed studies now confirm the efficacy of their AROA ECM technology in treating various wound types....

Continue Reading
Innovative Paver Spacer Designed for Perfect Alignment

Updated Category News Views 231

Revolutionizing Landscape Design with a New Paver Spacer The landscape industry is continuously evolving, and one of the most exciting innovations to recently emerge is a specialized paver spacer. This unique design addresses a common problem faced by landscapers and homeowners alike: the challenge of aligning concrete or clay pavers effectively. An inventor with a vision...

Continue Reading
Transforming Diagnostics: The Rise of Digital Pathology Market

Updated Category News Views 232

Understanding Digital Pathology Market Dynamics In recent years, the Digital Pathology Market has emerged as a key player in the healthcare sector, showing significant growth and innovation. With an expected market size of USD 2.92 billion by the end of the forecast period, the sector has captured investor interest and demonstrated the potential to reshape diagnostic...

Continue Reading