ANIMAL NUTRITION MARKET ANALYSIS
Animal Nutrition Market Competitive Analysis
Major players operating in the animal nutrition market include Archer-Daniels-Midland Company, Adisseo France SAS, Alltech, BASF SE, Cargill Inc., Dow Chemical Company, DuPont, Evonik Industries AG, Tata Chemicals, Novozymes A/S, Royal DSM N.V., Kemin Industries, Inc., and Nutreco N.V. Companies are focusing on offering natural and wholesome food products in order to cater to increasing consumer demand for these. For instance, in 2017, Cargill Inc. entered into an agreement to acquire Diamond V, a provider of innovative natural solutions that improve animal health, performance, and food safety. The industry players are also expanding geographically, in order to gain large market share. In 2017, Cargill acquired Astral Foods’ share in premix and nutrition business, to expand in Sub-Saharan Africa (SSA).
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