Aerial Work Platforms Are Used In Many Different Industries Like Maintenance, Transportation, Storage, Warehousing, Construction And More

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Aerial Work Platforms Aerial work platform is a machine that can lift workers to elevated heights, helping with construction, maintenance, and repairs. Known by various names including boom lift, man lift, and access platform, these machines can help workers reach hard-to-reach locations on the job site. They are typically used to perform tasks such as painting, cleaning, or hanging items, and can be moved around the work area with ease. An aerial work platform is the equipment used for performing tasks at high elevations. It is an essential piece of equipment to get the job done in a safe and effective manner. It helps people perform tasks that would be impossible without it. Aerial lifts come in a variety of models, sizes, and features. Some have special equipment to make them easy to transport and maneuver. They also have features such as compressed air connectors, electrical outlets, under-bridge units, and more. The global Aerial Work Platform Market was valued at US$ 9,045.0 Mn ...
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Global Animal Nutrition Market Is Estimated To Witness High Growth Owing To Growing Consumer Awareness And Rising Consumption Of Dairy Products

Animal Nutrition Market

Nutrition is the science of preparing feeds to meet the specific needs of animals at different stages of growth or life. It also involves feeding and adjusting the diets of individual animals to enhance their health, performance, and productivity.

Animal Nutrition Market which was growing at a value of 482.1 billion in 2021 and is expected to reach the value of USD 739.89 million by 2029, at a CAGR of 5.48% during the forecast period. 

The basic nutrients required for animals include carbohydrates, protein, fat, minerals, vitamins, and water.

The use of animal nutrition in livestock production is very important. It influences the development of all livestock sectors and is at the heart of the sustainable development of the animal food chain. It is also very relevant to human nutrition, poverty alleviation, and global food security.

As animal products are a vital source of nutrients in developing countries and their availability in a sustainable manner depends on the animal nutrition sector.

Market Dynamics:

Rising collaborations among key players are estimated to augment growth of the global animal nutrition market during the forecast period. For instance, BASF and Cargill have decided to expand their distribution agreements in October 2021.

They are aiming to design new goods and also educate farmers for improving animal welfare, promoting feed efficiency, and reducing nutrient waste. Moreover, increasing prices of raw materials and growing regulatory bans are anticipated to restrain the growth of the global animal nutrition market during the forecast period.

Impact of COVID-19:

The pandemic was first reported in 2019 and in 2020, the WHO declared it as a global health emergency. This outbreak impacted the growth activities of many sectors. Many industries were facing shortages of raw materials, which led to hating of manufacturing activities.

 The pandemic impacted several research and developmental activities in many sectors. Even supply chains were disrupted during the pandemic. The demand for animal nutrition products was increasing, whereas manufacturing of these products was hindered owing to strict lockdowns in many regions. This affected the demand and production of animal nutrition products. Thus, the pandemic hampered the growth of the global animal nutrition market

The global Antiparasitic Drugs Market has been experiencing steady growth due to several factors.

Key Takeaways:

The global Animal Nutrition Market is expected to witness high growth, exhibiting CAGR of 5.50 % over the forecast period, due to rising business expansion by key players. For instance, Cargill has decided to extend the nutrient R&D capacities of their Global Animal Nutrition Innovation Center in Elk River, Minnesota, in April 2022.

Asia-Pacific is anticipated to witness significant growth in the global animal nutrition market during the forecast period, due to growing production and consumption of meat and rising livestock production.

 Key players active in the global Animal Nutrition Market are U.S. AG LLC, Yara, Van Iperen International B.V., Koch AG & Energy Solutions LLC, Israel Chemicals Limited, Coromandel International Limited, Calcium Products, Nutrien Ltd., Impact Fertilizer, Agriculture Solutions Inc, Kugler Company, Evergrow, Sapec Agro S.A, Deepak Fertilizers and Petrochemicals Corporation Limited, and Hafia Groups.

 

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