Animals Feed Market | Increasing Number of Product Launches to Boost the Market Growth

The global animals feed market size is poised to grow by USD 92.79 billion during 2020-2024, progressing at a CAGR of almost 4% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Animal Feed Market 2020-2024 (Graphic: Business Wire)

The increasing number of product launches will be a significant factor in driving the growth of the animal feed market size. The global animal feed market is witnessing a growing number of product launches by vendors operating in the market. For instance, MilkLane launched two variants of animal feed, namely Aayush Max and Aayush Rich, containing proteins and minerals, which will improve animal health and increasing milk yield. Nutreco also launched two fish feed products suitable for tilapia under the brand Skretting. The successful launch of such new products will help market vendors to increase their revenue flow and market share and consequently drive the growth of the animal feed market during the forecast period.

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Report Highlights:

  • The major animals feed market growth came from poultry segment. The rising demand for eggs and poultry meat will boost the demand for poultry feed products. The increasing number of product launches will also fuel the growth of the animal feed market in this segment.

  • APAC was the largest market for animal feed in 2019,

QCI’s Growing Number of Mukai Quantum Software Platform Trial Users Confirm Superior …

LEESBURG, Va., Oct. 02, 2020 (GLOBE NEWSWIRE) — Quantum Computing Inc. (OTC:QUBT) (QCI), the technology leader in quantum-ready applications and tools, and only public pure-play in quantum computing, reports that the number of users on its performance-leading Mukai ™ quantum software development and execution platform has increased significantly since the introduction of a new trial program launched at the end of June.

“Dozens of new users have signed up for our Mukai trial, including major enterprises from the technology and finance sectors, U.S. Department of Energy national labs, large universities, and quantum computer (QC) providers,” stated John Dawson, QCI’s director of program management. Dawson, who oversees the trial program, previously led Cray Research’s worldwide IT organization and the software development team for its massively parallel and vector supercomputers.

“Most of our trial users are focused on solving real-world problems, exploring how Mukai can solve challenges in logistics, finance, supply chain management and protein design,” added Dawson. “Experienced users have confirmed that Mukai delivers superior performance compared to other constrained-optimization/QUBO solvers. They have also noted how Mukai provides true ‘quantum simplicity’ when it comes to developing and executing their applications on quantum computers.”

Mukai has been the first and only quantum software development and execution platform to deliver performance advantages with quantum-ready applications running on classical computers. This best-in-class breakthrough in performance was highlighted in a benchmark study published earlier this year.

The trial enables developers and organizations to discover how they can migrate their existing applications to quantum-powered solutions today and realize superior performance even when running their solutions on classical (Intel® or AMD processor-based) computers.

Mukai 3.0 supports easy, direct connections to the widest selection of the world’s leading QCs, including those offered by IonQ, D-Wave, IBM and Rigetti. This allows users to evaluate how different

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