SHARE
Feed Additives Market

Feed Additives Market Forecasts to 2028 – Global Analysis By Forms (Dry, Liquid), Livestock (Aquatic, Poultry, Ruminants, Pork/Swine), Source (Synthetic, Natural) and By Geography

4.8 (42 reviews)
Published: July 2021 ID: SMRC20670
4.8 (42 reviews)
Published: July 2021 ID: SMRC20670

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

According to Stratistics MRC, the Global Feed Additives Market is accounted for $36.15 billion in 2020 and is expected to reach $63.99 billion by 2028 growing at a CAGR of 7.4% during the forecast period. Growth in feed production and rise in awareness about feed quality are the major factors propelling the market growth. However, volatile raw material prices for natural feed additives are hampering market growth.

feed-additives-fig-1.png


Feed additives are nutritional supplements that are added to get better the quality of animal-derived products such as meat, eggs, etc. Feed additives typically consist of vitamins, minerals, amino acids, and other essential nutrients that ensure optimum health of animals and prevent diseases.

Based on the form, the dry segment is estimated to have a lucrative growth during the forecast period owing to it is easy to mix with feed and are simple to store and handle. Its accessibility in pellet and mash forms further allows customers to have options in terms of mixing techniques, which should support the growth of this segment.

By geography, the Asia Pacific is going to have a huge demand due to the occurrence of a huge livestock population and their growth rate. Moreover, the region has observed a rise in the number of feed mills and feed production, mainly in countries such as India and Japan.

Some of the key players profiled in the Feed Additives Market include Lallemand Inc., Alltech Inc., Novozymes AS, Elanco Animal Health, Sumitomo Corporation, Evonik Industries, Novus International NV, BASF SE, Danisco Animal Nutrition, Archer Daniels Midland Co. (ADM), Cargill Inc., InVivo NSA SA (Neovia), Kemin Industries Inc., Nutreco NV, Phibro Animal Health Corp., Adisseo SAS, Pfizer Animal Health, Zoetis Inc., Borregaard, Danisco A/S, Chr. Hansen Inc., and DSM Nutritional Products Inc.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 36.15 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

7.4%

Predicted 2028 Value:

USD 63.99 billion

Forecast Years:

2021-2028

Tables, Graphs& Figures

660

Chapters Covered:

Form, Livestock, Source, Type, Function, Category and Region

Core Drivers and Opportunities:

  • Increase in demand and consumption of livestock-based products
  • Developing countries emerge as a strong consumer of feed additives
  • Shift toward natural growth promoters

Restraining Factors & Market Threats:

  • Volatile raw material prices for natural feed additives
  • Stringent regulatory framework


Forms Covered:
• Dry
• Liquid

Livestocks Covered:
• Aquatic Animals
• Poultry
• Ruminants
• Pork/Swine
• Other Livestocks

Sources Covered:
• Synthetic
• Natural

Types Covered:
• Acidifiers
• Amino Acids
• Antibiotics
• Lipids
• Antioxidants
• Carotenoids
• Enzymes
• Flavors & Sweeteners
• Minerals
• Mycotoxin Detoxifiers
• Non-Protein Nitrogen
• Phosphates
• Phytogenics
• Preservatives
• Probiotics
• Prebiotics
• Vitamins
• Pigments

Functions Covered:
• Nutrition
• Immunity
• Productivity
• Technological
• Sensory
• Zootechnical

Categories Covered:
• Organic
• Conventional

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 2019, 2020, 2021, 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

Key Questions Answered In The Report

The Global Feed Additives Market is majorly driven by an increase in awareness about feed quality, a rise in the global command for naturally produced feed and feed additives, and standardization of meat products due to disease outbreaks.

The preservatives segment is growing at the highest CAGR due to the increasing focus of the feed manufacturer on extending the shelf life of the feed.

The Asia Pacific dominated with a significant market share owing to the occurrence of a huge livestock population and their growth rate.

North America market is growing at the highest CAGR owing to the growing demand for animal farming and rising urbanization.

Key players in Feed Additives Market include Lallemand Inc., Alltech Inc., Novozymes AS, Elanco Animal Health, Sumitomo Corporation, Evonik Industries, Novus International NV, BASF SE, Danisco Animal Nutrition, Archer Daniels Midland Co. (ADM), Cargill Inc., InVivo NSA SA (Neovia), Kemin Industries Inc., Nutreco NV, Phibro Animal Health Corp., Adisseo SAS, Pfizer Animal Health, Zoetis Inc., Borregaard, Danisco A/S, Chr. Hansen Inc., and DSM Nutritional Products Inc.

Select License Type

Single User License (PDF)
2 - 5 User License (PDF)
Site License (PDF)
Corporate License (PDF)

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