Feed Additives Market
Feed Additives Market Size, Share & Trends Analysis Report by Product (Antioxidants, Amino, Acids, Vitamins, Feed Enzymes, Feed Acidifiers, Antibiotics, Minerals, Mycotoxin Binders, Phytonutrients, Probiotics, and Others), by Livestock (Poultry, Cattle, Pork, Aquaculture, and Others), and by Source (Synthetic and Natural) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Feed additives market is anticipated to grow at a CAGR of 5.2% during the forecast period. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food of animal origin, or to improve the animals’ performance and health. The growing health awareness for animals has created the demand for demand for quality meat. The recent disease epidemic in livestock has increased the concerns for use of feed additives with improved quality which is expected to drive the feed additives market growth. For instance, in August 2022, Ambala village triggered Lumpy Skin Disease, and 100 cattle got sick. The Lumpy Skin Disease (LSD) is caused by a virus known as the Capripoxvirus and is “an emerging threat to livestock globally”. Infected animals immediately start losing weight and lesions in the mouth, along with a reduced milk yield. Thus, the growing concern about improving the quality of feed and animal performance will directly impact the feed additives market during the forecast period.
Segmental Outlook
The global feed additives market is segmented based on product, livestock, and source. Based on the product, the market is augmented into antioxidants, amino acids, vitamins, feed enzymes, feed acidifiers, antibiotics, minerals, mycotoxin binders, phytonutrients, and others. Based on the livestock, the market is further sub-segmented into poultry, cattle, pork, aquaculture, and others. Based on the source, the market is bifurcated into synthetic and natural. The above-mentioned segments can be customized as per the requirements. By source, the synthetic sub-segment is expected to provide lucrative growth to the market over the forecast period. The ease of availability, lower production cost, and stronger market penetration compared to natural are the factors attributing to the growth of the feed additives market during the forecast period.
Based on livestock, the poultry segment is expected to be the fastest growing segment during the forecast period. The continuously rising demand for poultry meat and eggs as it increases the nutritional value of the feed given to the poultry. Poultry-based products are used for animal nutrition to improve the quality of feed and the quality of food along with improving the animals' performance and health. Further, poultry animals are usually bred in captivity and are likely to develop deficiencies. These poultry-based products ensure that the livestock doesn't develop any deficiencies and grow to their maximum potential.
Regional Outlooks
The global feed additives market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is expected to hold a considerable share in the feed additives market during the forecast period. According to the World Economic Forum, the US is the largest consumer of meat globally, which consequently impacts the demand for animal feed additives in the region.
Global Feed Additives Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Significant Share in the Global Feed Additives Market
The Asia-Pacific region is expected to hold a significant market share over the forecast period. The presence of a large livestock population and their growth rate in the region is propelling the growth of the market. For instance, according to the National Dairy Development Board, the number of livestock in India has increased to 535.8 million in 2021 from 485 million in 2003. Moreover, according to the Department of Animal Husbandry & Dairying, the total Commercial Poultry in the country is 534.74 million in 2019, an increase of 4.5%. However, the shortage of feed and fodder, loss of traditional cattle breeds, inadequate infrastructure, and contribution to global warming are some of the concerns facing the livestock sector.
Market Players Outlook
The major companies serving the global feed additives market include Archer Daniels Midland Co., BASF SE, Cargill Inc., DuPont de Nemours, Inc., Koninklijke DSM N.V., Novus International Inc., Nutreco N.V., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, Kemin Industries launched ENTEROSURE, a new probiotic solution. The new probiotic solution aids to reduce the risk of diseases affecting the intestinal health of poultry and livestock. Kemin revealed its probiotic solution intestinal health product at a global launch event in Dubai. The company’s newest product promotes a healthy microbiome, drives intestinal resilience, manages gut health challenges, and improves animal productivity.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global feed additives market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Feed Additives Market by Product
4.1.1. Antioxidants
4.1.2. Amino Acids
4.1.3. Vitamins
4.1.4. Feed Enzymes
4.1.5. Feed Acidifiers
4.1.6. Antibiotics
4.1.7. Minerals
4.1.8. Mycotoxin Binders
4.1.9. Phytonutrients
4.1.10. Probiotics
4.1.11. Others
4.2. Global Feed Additives Market by Livestock
4.2.1. Poultry
4.2.2. Cattle
4.2.3. Pork
4.2.4. Aquaculture
4.2.5. Others
4.3. Global Feed Additives Market by Source
4.3.1. Synthetic
4.3.2. Natural
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Adisseo Group
6.2. Ajinomoto Co., Inc.
6.3. Alltech Inc.
6.4. Archer Daniels Midland Co.
6.5. BASF SE
6.6. Bentoli Inc.
6.7. Cargill Inc.
6.8. Centafarm SRL
6.9. Chr. Hansen A/S
6.10. DuPont de Nemours, Inc.
6.11. Evonik Industries AG
6.12. Global Nutrition International
6.13. Kemin Industries, Inc.
6.14. Koninklijke DSM N.V.
6.15. Novozymes A/S
6.16. Novus International Inc.
6.17. NUQO Food Additives
6.18. Nutreco N.V.
6.19. Palital Feed Additives B.V.
6.20. Tecnica Ganadera, SL
1. GLOBAL FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL ANTIOXIDANTS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL AMINO ACIDS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL VITAMINS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL FEED ENZYMES IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL FEED ACIDIFIERS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ANTIBIOTICS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL MINERALS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL MYCOTOXIN BINDERS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL PHYTONUTRIENTS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL PROBIOTICS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL OTHER PRODUCTS IN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY LIVESTOCK, 2021-2028 ($ MILLION)
14. GLOBAL FEED ADDITIVES FOR POULTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL FEED ADDITIVES FOR CATTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL FEED ADDITIVES FOR PORK MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL FEED ADDITIVES FOR AQUACULTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL FEED ADDITIVES FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
20. GLOBAL SYNTHETIC-BASED FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL NATURAL-BASED FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
22. GLOBAL FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
23. NORTH AMERICAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. NORTH AMERICAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
25. NORTH AMERICAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY LIVESTOCK, 2021-2028 ($ MILLION)
26. NORTH AMERICAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
27. EUROPEAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. EUROPEAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
29. EUROPEAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY LIVESTOCK, 2021-2028 ($ MILLION)
30. EUROPEAN FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY LIVESTOCK, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
36. REST OF THE WORLD FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
37. REST OF THE WORLD FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY LIVESTOCK, 2021-2028 ($ MILLION)
38. REST OF THE WORLD FEED ADDITIVES MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
1. GLOBAL FEED ADDITIVES MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
2. GLOBAL ANTIOXIDANTS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL AMINO ACIDS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL VITAMINS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL FEED ENZYMES IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL FEED ACIDIFIERS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL ANTIBIOTICS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL MINERALS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL MYCOTOXIN BINDERS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL PHYTONUTRIENTS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL PROBIOTICS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL OTHER PRODUCTS IN FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL FEED ADDITIVES MARKET SHARE BY LIVESTOCK, 2021 VS 2028 (%)
14. GLOBAL FEED ADDITIVES FOR POULTRY MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL FEED ADDITIVES FOR CATTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL FEED ADDITIVES FOR PORK MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL FEED ADDITIVES FOR AQUACULTURE MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL FEED ADDITIVES FOR OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. GLOBAL FEED ADDITIVES MARKET SHARE BY SOURCE, 2021 VS 2028 (%)
20. GLOBAL SYNTHETIC-BASED FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
21. GLOBAL NATURAL-BASED FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
22. GLOBAL FEED ADDITIVES MARKET SHARE BY REGION, 2021 VS 2028 (%)
23. US FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
24. CANADA FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
25. UK FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
26. FRANCE FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
27. GERMANY FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
28. ITALY FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
29. SPAIN FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF EUROPE FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
31. INDIA FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
32. CHINA FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
33. JAPAN FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
34. SOUTH KOREA FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
35. REST OF ASIA-PACIFIC FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD FEED ADDITIVES MARKET SIZE, 2021-2028 ($ MILLION)
