The U.S. online pet food and supplies market size was estimated at USD 3.91 billion in 2017. Domestic pets are a vital part of U.S. households. Therefore, with rising number of households, population of domestic animals is also expected to increase. This factor is expected to drive the demand for pet food and supplies such as food and water bowls, medications, accessories, hygiene care supplies, and others. Surging employment rates impacting consumer expendable income and robust momentum in domestic economy are stoking the growth of the market.
The alfalfa market is expected to grow at a significant pace from 2016 to 2024 owing to the global rising awareness of its health benefits.
The global glycine market is expected to grow at a fast pace over the forecast period. Glycine is a carbon-based compound which is identified as the lowest of the twenty amino acids that are seen in proteins.
Increasing awareness about animal feeding coupled with inability of human body to naturally produce lysine are the major factors driving the global lysine market. It is a type of amino acid which is vital of ur body but cannot synthesis it naturally. Furthermore, the increasing demand for quick growth in animals and rapidly rising bonemeal bans in various countries are the factors propelling the lysine market.
Market research report on Animal Feed Additives market by Hexa Research provides a clear picture about the worldwide development of the Animal Feed Additives industry and recent key trends based on detailed statistical analysis. This new report provides latest market data, including market estimate and forecast by application and product on a regional basis for historic years of 2012 and 2013 with forecast up to 2020 - 2022.