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Showing posts with the label Vietnam Animal Feed Additives Market 2030

Vietnam Animal Feed Additives Market Is Expected To Reach $ 917.3 Million By 2030

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  San Francisco, 5 April 2024:  The Report  Vietnam Animal Feed Additives Market  Size, Share & Trends Analysis Report By Product (Antibiotics, Vitamins, Antioxidants, Amino Acids), By Livestock (Pork/Swine, Poultry, Cattle), And Segment Forecasts, 2024 - 2030 The Vietnam animal feed additives market size is anticipated to reach USD 917.3 million by 2030 and is anticipated to expand at a CAGR of 3.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the increasing consumption of meat in the country and simultaneous increase in production of animal based products to meet the demand. The demand for protein to meet the nutritional needs of the population has driven the increased consumption of meat in Vietnam. The rising median income and living standards have led to a growing emphasis on protein-rich diets, with meat serving as a primary source of protein. This trend favors increased proteins from animal sources, especially Swine,