Asia Pacific Feed Pelletizing Agents Market - Growth, Trends and Forecasts (2020 - 2025)

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Asia pacific is the largest market for feed pelletizing agents and the region is expected to be the fastest growing in terms of consumption globally. China is the largest manufacturer of feed pelletizing agents. The market in 2015 is $XX million and is expected to reach $XX million by 2020 at a CAGR of XX% in forecast period 2015-2020.

Asia pacific is a hub for fast growing nations in terms of economy and population. China and India are leading in meat production. There is a scope for improvement, as majority of meat market is not organized. China leads in manufacturing pelletizing agents due to huge demand for feed pellets and availability of cheaper sources. Growing population requires more meat and livestock farmers are finding ways to increase production. India is also capitalizing on growth prospect by good investments and is expected to grow at a healthy rate. Australia has well developed farming methods and is one of the leaders in livestock production. Presence of global firms and growing awareness about the efficiency of the products has further extended the growth of the market in this region.

The focus of the meat manufacturers to increase export is exerting pressure on farmers to increase production capacity thereby driving the market for feed pelletizing agent market. So pelletized feed production is increasing at healthy pace, due to growing awareness. This creates favorable conditions for feed pelletizing agents market. China and India are the potentially high growth nations with big animal rearing industries in place. Countries such as Thailand, Vietnam, and Malaysia are the potential markets in the region. Adoption of intensive farming system in many developing nations would help the market to grow in these nations.

Pelletizing agents industry grows in tandem and pelletizing agents can be significantly exported due to lower production costs. Challenges in the form of low awareness in some regions and low cost of feed ingredients exist. Cost of processing feed ingredients to pellets is substantial. This also offers export options for the pellet industry as these countries offer skillful labor as well. Global firms are seeing these developing countries as export bases. Untapped markets of Asia-Pacific region is the target for many market players.

This report consists of insights of market based on segmentations on the parameters of product type, application type and geographical basis. The product type differentiations are natural and synthetic. Market is further classified based on the consumers such as poultry, ruminants, swine, aquaculture, etc. Global firms like BASF, Brenntag Group, Kiotechagil are present in Asia pacific. Acquisition and expansion is followed by these firms. Many small firms are acquired by these large firms. Significant investment in research & development is also seen.

Study Deliverables:

  • Market Definition for the specified topic along with identification of key drivers and restraints for the market
  • Analysis for the Asia-Pacific Feed Pelletizing Agent Market, with region specific assessments and competition analysis on a regional scale
  • Segment-level analysis in terms of application and end-user demand
  • Forecasts and estimations for the sub-segment level market
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale
  • Identification and analysis of the exogenous and endogenous factors such as macro and microeconomic variables that affect the Asia-Pacific Feed Pelletizing Agent Market on both global and regional scale
  • Extensively researched competitive landscape section with profiles of key players along with their share of markets
  • A comprehensive analysis of recent organic and inorganic developments in the market by the major companies, and strategic benchmarking of developments

Scope of the Study:

  • Comprehensive overview of the Feed Pelletizing Agent Market
  • Competitive intelligence regarding the major players in this industry and the strategies adopted by them
  • Insights about the major countries/regions in which this industry is blooming and also identifies the regions which are untapped

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