The need for feed additives is related to animal feed production. The consistent demand for meat and dairy products is expected to drive growth of this market in Australia and New Zealand. Despite challenges in this market, such as stringent regulatory procedures that delay registration of feeds and increasing competition that reduces profit margins for feed additive suppliers, the overall rise in meat and poultry consumption is likely to have a positive impact on the market.
This article can also be found in Feed Tech magazine Volume 10 number 10. To
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Keywords: feed additives, animal feed, registration,
Australia, New Zealand