The amino acids product segment is expected to witness a promising growth rate of 4.1%, in terms of revenue, from 2022 to 2030, owing to its increased demand because of its effect on increasing the efficiency and quality of livestock.This is attributable to the increase in consumption of meat by the growing regional population and the increase in purchasing power of the people. The Asia Pacific region is poised to witness the fastest growth rate of 4.0%, in terms of revenue, from 2022 to 2030.The growth is majorly driven by the increased consumption of meat and the rise in the livestock population worldwide. Furthermore, the industry is projected to advance at a CAGR of 3.5% from 2022 to 2030.
SAN FRANCISCO, /PRNewswire/ - The global animal feed additives market size is expected to reach USD 53.7 billion by 2030, as per a new report by Grand View Research, Inc.
