Global Stay C For Feed Market Growth 2024, Forecast To 2033
8 Mar, 2024
The stay-c for feed market has experienced robust growth, rising from $4.02 billion in 2023 to $4.39 billion in 2024, with a 9.1% CAGR. This growth is attributed to factors such as livestock health concerns and regulatory compliance. Expected to grow to $5.98 billion in 2028, with an 8.1% CAGR, the market's expansion will be fueled by rising consumer demand for quality meat and technological advancements. Major trends include blockchain traceability and digitalization of feed management.
Global STAY C For Feed Market Key Driver
Growth in the STAY-C for feed market is driven by the increasing demand for meat and poultry products. Meat consumption, a significant dietary choice globally, underscores the need for feed additives like STAY-C to maintain animal health and productivity. Data from the Organization for Economic Co-operation and Development and Canada's National Statistical Agency highlight consistent growth in meat and poultry sales. This increasing demand for meat and poultry products is driving growth in the STAY-C for feed market as producers prioritize animal nutrition and welfare.
Get A Free Sample Of The Global STAY C For Feed Market ReportGlobal STAY C For Feed Market Segments
The stay-c for feed market covered in this report is segmented –
1) Function:Single Functioned, Multi Functioned
2) Formulation:Dry, Liquid, Other Formulations
3) Livestock:Swine, Ruminants, Poultry, Aquatic Animals, Other Livestock
By Geography: The countries covered in the stay-c for feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the STAY-C for feed market in 2023. The regions covered in the stay-c for feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major STAY C For Feed Industry Players
Cargill Incorporated; Archer-Daniels-Midland Company; BASF SE; Charoen Pokphand Foods Public Company Limited; Evonik Industries AG; CP Group; Solvay Group; DSM; Guangdong Haid Group Co Ltd; ForFarmers N.V.; Nutreco N.V.; Chr. Hansen Holding A/S; New Hope Group; Balchem Corporation; Longxing Chemical Stock Co. Ltd.; Spectrum Chemical Manufacturing Corporation; Plamed Group; Lallemand Inc.; Polifar Group; Hugestone Enterprise Co. Ltd.; Kangcare Bioindustry Co. Ltd.; Shanghai Longyu Biotechnology Co. Ltd.; Tianjin YR Chemspec Technology Co. Ltd.; Ajinomoto Co. Inc.; Hubei Artec Biotechnology Co. Ltd.
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STAY C For Feed Market Overview
STAY-C for feed refers to a crucial water-soluble antioxidant. It is used to provide high stability and ideal vitamin C levels in feed which is beneficial for reproduction, wound healing, growth, and development.