• The global animal feed market is expected to cross 1 billion tons by 2018 from the current 540 million tons in 2013. • The global feed additives market had revenues of around $1.8bn in 2013 and is expected to reach $20.4bn in 2018. • Both the fee
August 3, 2013 (Newswire) - Regulation of ingredients used and labeling of the animal feed especially pet food is done by the food regulatory bodies of each country. FDA is very active in this regard and has many guidelines, testing requirements for the same. Mars Petcare, Nestle Purina Petcare, Hill's Pet Nutrition, P&G Pet care, Del Monte Foods Co are the top 5 global petfood companies currently and the market is a $20bn+ revenue generating industry. The animal feed testing industry however is comparitively smaller.
Companies in the animal feed testing industry generally test for pesticides, metals, minerals, drugs, antibiotics, pathogens and so on. They do the necessary nutritional and ingredients labeling for the products before they are approved for sale. A large number of private, government and educational institution laboratories are present in this market. This report covers the entire market of animal feed testing including pet foods, poultry feed, equine feed, dairy and poultry feed, forages, premixes and medicated feeds.
The market has also been segmented by geography as North America, Europe, Asia, and Rest of the World (RoW). Market size and forecast is provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the animal feed testing market and future opportunities are provided in the report.
Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2012 are provided. The prominent players profiled in this report TUV Rheinland, Life Technologies, Intertek, Eurofins US, Whitebeck Group and others.
The report contains the most detailed and in-depth segmentation of the Animal feed testing market.
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