SHARE
Animal Feed Additives Market

Animal Feed Additives Market Forecasts to 2028 – Global Analysis By Product (Non-nutritive Additives/Zoo Technical Additive, Nutritional Feed Additives, Coccidiostats and Histomonostats, Ionophores), Livestock, Form, and By Geography

4.2 (51 reviews)
Published: August 2022 ID: SMRC21728
4.2 (51 reviews)
Published: August 2022 ID: SMRC21728

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Animal Feed Additives Market is accounted for $41.78 billion in 2022 and is expected to reach $57.61 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Animal feed additives are the food supplements for farm animals for improving feed quality along with quality of food from animal source and improve animal performance and health. Feed additives are mixed with animal feed to increase its nutritional value that imparts extra benefits for animals and consumers as well. Enlarged nutritional value promotes good health in animals. They are various types of feed additives catering to a host of nutritional requirements depending upon livestock.

U.S. pharmaceutical manufacturer Zoetis is the world’s largest company in the animal health sector, with a total revenue of close to 6.7 billion U.S. dollars in 2020. Feed products are needed to be approved by various food & feed safety agencies including FFDCA, FDA and European Commission. In the U.S. feed additives need to be cleared by GRAS recognizing additives to be fit for consumption. Approved feed additives are listed in 21 CFR 573 and 579.

Market Dynamics:

Driver:

Consumption of disease-free and high quality meat


The global animal feed additives market likely to drive growth during the forecast period, due to the increasing knowledge about consumption of disease free and high quality meat has increased the demand for feed additives. Meat utilization increased in some of the rapid developing countries in the region, backed by technological advancements in meat processing. Meat quality remains key in developed countries of North America and Europe, providing full support to continued demand growth for feed additives in these markets. Increased rigid supervision also led to standardization of meat products, which is driving demand for various feed additives.

Restraint:

Lack of nutrients


The global animal feed additives market likely to hamper growth during the forecast period, due to Lack of nutrients in the animal feed brings unhealthiness and vitamin deficiencies that seriously influence animals growth and development, and some few outrageous cases can even result in irreversible wellbeing harm and fatalities. Farming practices to maximize yield lack essential minerals and vitamins in animal feed, which highlights the requirement for high-value animal feed additives.

Opportunity:

Increasing investments & financial assistance


Positive outlook for growing investments & monetary help for livestock farming as supplementary business as agriculture for catering growing meat demand & supportive technological innovations in processing equipment should drive animal feed additives demand. Rising emphasis on livestock nutrition for providing quality meat products is growing to its utmost significance to support consumer health & diet which should surely influence product demand.

Threat:

Government regulations


The global animal feed additives market likely to hamper growth during the forecast period, due to different government regulations across the world, manufacturing activities have been stopped. Limitations on imports of goods to control the spread of the virus have additionally contributed to restricting the market growth.

Covid-19 Impact

The COVID-19 pandemic has resulted in major economic, social, and medical challenges worldwide. As the healthcare industry has increased focus on preventing infections, similarly the animal feed and feed additives market has been focusing on introducing products that may help prevent further infections. The pandemic resulted in increased concerns regarding animal-borne diseases because SARS-CoV-2 is speculated to be originated in animals. Therefore, animal feed additives are expected to benefit from the situation over the forecast period as feed manufacturers are increasingly looking for feed fortifiers that may help prevent future infections.

The poultry segment is expected to be the largest during the forecast period

The poultry segment is anticipated to have a lucrative growth, due to increasing demand for poultry-based products such as meat and eggs across the globe, and its easy accessibility and enhanced animal husbandry practices. Apart from this, rising concerns about the meat quality and rising demand for poultry due to debouching fitness trends provides a drive to the segment growth. Poultry refers to ducks, chickens, geese, and other domestic birds which are bred for commercial as well as domestic purposes.

The amino acid segment is expected to have the highest CAGR during the forecast period

The amino acid segment is anticipated to witness the fastest CAGR growth during the forecast period. Proteins and amino acids are indispensable compounds for animals and must be consumed by them for the balance of health-related factors. Proteins consist of 20 different amino acids. Adding amino acids also results in the reduction of feed cost and improved feed efficiency generating greater feed conversion rates. Thus, amino acids have massive consumption in the animal feed market, leading to the largest market share in the animal feed additives market.

Region with highest share:

North America is projected to hold the largest market share during the forecast period, due to the rising occurrence of cardiovascular disorders, diabetes, and cancer within this region. A rise in chronic diseases that need regular monitoring and the presence of refined healthcare infrastructure are further possible to drive market growth.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, due to strict regulatory rule pertaining to ban for antibiotic growth promoters (AGPs) bolster demand for natural growth promoters (NGPs) driving industry growth.

Key players in the market

Some of the key players in the global Animal Feed Additives market include BASF SE, Cargill, Dupont, Biomin Holdings GmbH, Dr. Eckel GmbH, DSM, MIAVIT GmbH, Novus International, Inc., Impextraco, ITPSA (Industrial Técnica Pecuaria), Kemin Industries, Lucta, Nutriad, Alltech Inc.,  Neovia, Orffa, Andres Pintaluba, S.A, Kaesler Nutrition GmbH and Novozymes.

Key Developments:

In October 2021, Cargill launched its poultry feed with essential oils for healthy flocks and maximized egg production. Nutrena NatureWise formulas boost the overall wellness, happiness, and productivity of chickens.

In March 2021, BIOMIN launched Mycofix Plus 5.Z with ZENzyme in APAC. It is an innovative, all-in-one feed additive providing next-generation mycotoxin risk management for breeding animals and their offspring.

In February 2021, Kemin Industries supplies specialty ingredients for human and animal health and nutrition, pet food, aquaculture, nutraceutical, food technologies, launched a product named KemTRACE Chromium-OR, an organic compliant chromium propionate feed ingredient for swine, cattle, broiler, and horse diets.

Products Covered:
• Non-nutritive Additives/Zoo Technical Additive
• Nutritional Feed Additives
• Coccidiostats and Histomonostats
• Ionophores
• Direct Fed Microbials
• Stabilizers
• Sugar Based Products
• Sensory Feed Additives
• Essential Oils
• Mycotoxinbinders & deactivators
• Other Products

Livestocks Covered:
• Aquaculture
• Poultry
• Pork/Swine
• Pet Food
• Ruminants
• Equine
• Other Livestocks

Forms Covered:
• Liquid
• Dry
• Other Forms

Functions Covered:
• Single Function
• Multi Function
 
End Users Covered:
• Zoos
• Households
• Animal shelters
• Farms
• Veterinarians
    
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary 
   
2 Preface  

 2.1 Abstract 
 2.2 Stake Holders
 2.3 Research Scope
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
   
3 Market Trend Analysis
 3.1 Introduction
 3.2 Drivers 
 3.3 Restraints
 3.4 Opportunities
 3.5 Threats 
 3.6 Product Analysis
 3.7 End User Analysis
 3.8 Emerging Markets
 3.9 Futuristic Market Scenario
   
4 Porters Five Force Analysis
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry
   
5 Global Animal Feed Additives Market, By Product
 5.1 Introduction
 5.2 Non-nutritive additives/Zoo Technical Additive
  5.2.1 Feed prebiotics & probiotics
  5.2.2 Antibiotic
  5.2.3 Feed Texturants
  5.2.4 Feed Acidifiers
  5.2.5 Feed Enzymes
  5.2.6 Antioxidants
  5.2.7 Other Non-nutritive additives/Zoo Technical Additives
 5.3 Nutritional feed additives
  5.3.1 Amino Acids
  5.3.2 Minerals
  5.3.3 Vitamins
   5.3.3.1 Vitamin A
   5.3.3.2 Vitamin B
   5.3.3.3 Vitamin C
   5.3.3.4 Vitamin E
  5.3.4 Urea & its derivatives
 5.4 Coccidiostats and Histomonostats
 5.5 Ionophores
 5.6 Direct Fed Microbials
 5.7 Stabilizers
 5.8 Sugar Based Products
 5.9 Sensory Feed Additives
  5.9.1 Feed Colorants
   5.9.1.1 Feed Flavors & Sweeteners
 5.10 Essential Oils
 5.11 MycotoxinBinders & Deactivators
 5.12 Other Products
   
6 Global Animal Feed Additives Market, By Livestock
 6.1 Introduction
 6.2 Aquaculture 
  6.2.1 Shrimp
  6.2.2 Trout
  6.2.3 Salmon
 6.3 Poultry  
  6.3.1 Chicken
  6.3.2 Turkey
 6.4 Pork/Swine 
  6.4.1 Pigs
  6.4.2 Piglets
 6.5 Pet Food 
  6.5.1 Dogs
  6.5.2 Cats
  6.5.3 Other Companion Animals
 6.6 Ruminants
  6.6.1 Sheep
  6.6.2 Cows
  6.6.3 Goat
  6.6.4 Beef
 6.7 Equine 
 6.8 Other Livestocks
   
7 Global Animal Feed Additives Market, By Form
 7.1 Introduction
 7.2 Liquid 
 7.3 Dry 
 7.4 Other Forms
   
8 Global Animal Feed Additives Market, By Function
 8.1 Introduction
 8.2 Single Function
 8.3 Multi Function
   
9 Global Animal Feed Additives Market, By End User
 9.1 Introduction
 9.2 Zoos 
 9.3 Households
 9.4 Animal Shelters
 9.5 Farms 
 9.6 Veterinarians
   
10 Global Animal Feed Additives Market, By Geography
 10.1 Introduction
 10.2 North America
  10.2.1 US
  10.2.2 Canada
  10.2.3 Mexico
 10.3 Europe 
  10.3.1 Germany
  10.3.2 UK
  10.3.3 Italy
  10.3.4 France
  10.3.5 Spain
  10.3.6 Rest of Europe
 10.4 Asia Pacific
  10.4.1 Japan
  10.4.2 China
  10.4.3 India
  10.4.4 Australia
  10.4.5 New Zealand
  10.4.6 South Korea
  10.4.7 Rest of Asia Pacific
 10.5 South America
  10.5.1 Argentina
  10.5.2 Brazil
  10.5.3 Chile
  10.5.4 Rest of South America
 10.6 Middle East & Africa
  10.6.1 Saudi Arabia
  10.6.2 UAE
  10.6.3 Qatar
  10.6.4 South Africa
  10.6.5 Rest of Middle East & Africa
   
11 Key Developments 

 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers
 11.3 New Product Launch
 11.4 Expansions
 11.5 Other Key Strategies
   
12 Company Profiling 
 12.1 BASF SE 
 12.2 Cargill 
 12.3 Dupont 
 12.4 Biomin Holdings GmbH
 12.5 Dr. Eckel GmbH
 12.6 DSM 
 12.7 MIAVIT GmbH
 12.8 Novus International, Inc.
 12.9 Impextraco
 12.10 ITPSA (Industrial Técnica Pecuaria)
 12.11 Kemin Industries
 12.12 Lucta 
 12.13 Nutriad 
 12.14 Alltech Inc.
 12.15 Neovia 
 12.16 Orffa 
 12.17 Andres Pintaluba, S.A
 12.18 Kaesler Nutrition GmbH
 12.19 Novozymes


List of Tables  
1 Global Animal Feed Additives Market Outlook, By Region (2020-2028) (US $MN)
2 Global Animal Feed Additives Market Outlook, By Product (2020-2028) (US $MN)
3 Global Animal Feed Additives Market Outlook, By Non-nutritive additives/Zoo Technical Additive (2020-2028) (US $MN)
4 Global Animal Feed Additives Market Outlook, By Feed prebiotics & probiotics (2020-2028) (US $MN)
5 Global Animal Feed Additives Market Outlook, By Antibiotic (2020-2028) (US $MN)
6 Global Animal Feed Additives Market Outlook, By Feed Texturants (2020-2028) (US $MN)
7 Global Animal Feed Additives Market Outlook, By Feed Acidifiers (2020-2028) (US $MN)
8 Global Animal Feed Additives Market Outlook, By Feed Enzymes (2020-2028) (US $MN)
9 Global Animal Feed Additives Market Outlook, By Antioxidants (2020-2028) (US $MN)
10 Global Animal Feed Additives Market Outlook, By Other Non-nutritive additives/Zoo Technical Additives (2020-2028) (US $MN)
11 Global Animal Feed Additives Market Outlook, By Nutritional feed additives (2020-2028) (US $MN)
12 Global Animal Feed Additives Market Outlook, By Amino Acids (2020-2028) (US $MN)
13 Global Animal Feed Additives Market Outlook, By Minerals (2020-2028) (US $MN)
14 Global Animal Feed Additives Market Outlook, By Vitamins (2020-2028) (US $MN)
15 Global Animal Feed Additives Market Outlook, By Urea & its derivatives (2020-2028) (US $MN)
16 Global Animal Feed Additives Market Outlook, By Coccidiostats and Histomonostats (2020-2028) (US $MN)
17 Global Animal Feed Additives Market Outlook, By Ionophores (2020-2028) (US $MN)
18 Global Animal Feed Additives Market Outlook, By Direct Fed Microbials (2020-2028) (US $MN)
19 Global Animal Feed Additives Market Outlook, By Stabilizers (2020-2028) (US $MN)
20 Global Animal Feed Additives Market Outlook, By Sugar Based Products (2020-2028) (US $MN)
21 Global Animal Feed Additives Market Outlook, By Sensory Feed Additives (2020-2028) (US $MN)
22 Global Animal Feed Additives Market Outlook, By Feed Colorants (2020-2028) (US $MN)
23 Global Animal Feed Additives Market Outlook, By Essential Oils (2020-2028) (US $MN)
24 Global Animal Feed Additives Market Outlook, By MycotoxinBinders & Deactivators (2020-2028) (US $MN)
25 Global Animal Feed Additives Market Outlook, By Other Products (2020-2028) (US $MN)
26 Global Animal Feed Additives Market Outlook, By Livestock (2020-2028) (US $MN)
27 Global Animal Feed Additives Market Outlook, By Aquaculture (2020-2028) (US $MN)
28 Global Animal Feed Additives Market Outlook, By Shrimp (2020-2028) (US $MN)
29 Global Animal Feed Additives Market Outlook, By Trout (2020-2028) (US $MN)
30 Global Animal Feed Additives Market Outlook, By Salmon (2020-2028) (US $MN)
31 Global Animal Feed Additives Market Outlook, By Poultry (2020-2028) (US $MN)
32 Global Animal Feed Additives Market Outlook, By Chicken (2020-2028) (US $MN)
33 Global Animal Feed Additives Market Outlook, By Turkey (2020-2028) (US $MN)
34 Global Animal Feed Additives Market Outlook, By Pork/Swine (2020-2028) (US $MN)
35 Global Animal Feed Additives Market Outlook, By Pigs (2020-2028) (US $MN)
36 Global Animal Feed Additives Market Outlook, By Piglets (2020-2028) (US $MN)
37 Global Animal Feed Additives Market Outlook, By Pet Food (2020-2028) (US $MN)
38 Global Animal Feed Additives Market Outlook, By Dogs (2020-2028) (US $MN)
39 Global Animal Feed Additives Market Outlook, By Cats (2020-2028) (US $MN)
40 Global Animal Feed Additives Market Outlook, By Other Companion Animals (2020-2028) (US $MN)
41 Global Animal Feed Additives Market Outlook, By Ruminants (2020-2028) (US $MN)
42 Global Animal Feed Additives Market Outlook, By Sheep (2020-2028) (US $MN)
43 Global Animal Feed Additives Market Outlook, By Cows (2020-2028) (US $MN)
44 Global Animal Feed Additives Market Outlook, By Goat (2020-2028) (US $MN)
45 Global Animal Feed Additives Market Outlook, By Beef (2020-2028) (US $MN)
46 Global Animal Feed Additives Market Outlook, By Equine (2020-2028) (US $MN)
47 Global Animal Feed Additives Market Outlook, By Other Livestocks (2020-2028) (US $MN)
48 Global Animal Feed Additives Market Outlook, By Form (2020-2028) (US $MN)
49 Global Animal Feed Additives Market Outlook, By Liquid (2020-2028) (US $MN)
50 Global Animal Feed Additives Market Outlook, By Dry (2020-2028) (US $MN)
51 Global Animal Feed Additives Market Outlook, By Other Forms (2020-2028) (US $MN)
52 Global Animal Feed Additives Market Outlook, By Function (2020-2028) (US $MN)
53 Global Animal Feed Additives Market Outlook, By Single Function (2020-2028) (US $MN)
54 Global Animal Feed Additives Market Outlook, By Multi Function (2020-2028) (US $MN)
55 Global Animal Feed Additives Market Outlook, By End User (2020-2028) (US $MN)
56 Global Animal Feed Additives Market Outlook, By Zoos (2020-2028) (US $MN)
57 Global Animal Feed Additives Market Outlook, By Households (2020-2028) (US $MN)
58 Global Animal Feed Additives Market Outlook, By Animal Shelters (2020-2028) (US $MN)
59 Global Animal Feed Additives Market Outlook, By Farms (2020-2028) (US $MN)
60 Global Animal Feed Additives Market Outlook, By Veterinarians (2020-2028) (US $MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials