FDA regulates the drugs, devices and feed given to millions of companion and food-producing animals in the United States. Several other government and non-government organizations also play a role in animal health. As per FDA, "the drug is safe and effective for a specific use in a specific animal species. If the drug is for use in food-producing animals, the drug company must also prove that food products made from treated animals are safe for people to eat.
According to the report, Rising Demand for Nutrition Which Prevents Disease Outbreaks
is one of the primary growth factors for the market. Rising Consumption of Animal Based Products
is also expected to contribute significantly to the Animal Nutrition market. Overall, Poultry Feeds
applications of Animal Nutrition, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Form, such as Dry, is boosting the Animal Nutrition market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Animal Nutrition market identified that the demand is rising in many different parts of the world as "Growing Demand for Meat and Poultry Products
".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Animal Nutrition market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Animal Nutrition market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.