[194 Pages Report] The Feed Additives Market size was estimated at USD 43.51 billion in 2023 and expected to reach USD 46.50 billion in 2024, at a CAGR 6.95% to reach USD 69.67 billion by 2030.
The feed additives market encompasses the production, distribution, and consumption of various substances added to animal feed to enhance its nutritional value, improve animal health and productivity, or preserve its quality. These additives include amino acids, vitamins, minerals, enzymes, acidifiers, antioxidants, binders, flavors, antimicrobials, mycotoxin binders, probiotics, and prebiotics. The increased consumption of animal-based, high-value protein products and government initiatives to expand livestock production are enhancing the demand for feed additives worldwide. Also, Feed additives are demanded as they provide nutritional values to improve meat quality in animal husbandry practices. Moreover, the ​​fluctuating raw material prices and stringent regulations associated with feed additives may limit the market demand for feed additives. Additionally, the rising demand for nutritional supplements for monogastric animals and the potential shift toward natural growth promoters are also creating opportunities for market growth.
Liquid feed additives are typically aqueous solutions or suspensions, providing an easy way to incorporate additives into animal feed. Powders can be mixed with feed and water, creating a homogenous mixture that ensures proper nutrient distribution. Pellets offer convenience with their various sizes, making them easily consumable for livestock. These different feed additives allow flexibility in enhancing animal nutrition and overall health.
Natural sources of feed additives include organic compounds like minerals and other nutrients. On the other hand, synthetic sources of feed additives are artificially created to enhance the nutritional value and quality of animal feed.
Poultry feed are supplemented with additives to enhance nutrient supply and improve performance. Swine feed has benefited from the inclusion of additives, which can improve digestibility and promote increased growth rates. Cattle feed is formulated with specific additives to optimize both health and production benefits. In aquaculture, carefully formulated supplements are necessary to ensure optimal growth and health of aquatic species. Lastly, pet food incorporates unique forms of feed additives that are specifically tailored to meet the specific needs of companion animals.
Livestock farms benefit from improved nutrition and health for their animals, while animal feed manufacturers ensure the production of high-quality and nutritious feed. Likewise, pet food manufacturers enhance the nutritional value of their products, ensuring the well-being of pets. Veterinary clinics utilize feed additives to support the health and recovery of animals under their care. Zoos and wildlife sanctuaries also provide tailored nutrition to the animals in their care, while research institutions explore the potential applications and benefits of feed additives. With their diverse applications, feed additives play a crucial role in various industries, promoting the well-being and performance of animals.
In the Americas, particularly in the United States and Canada, consumer demand for high-quality animal products has led to an improved focus on feed efficiency. This includes a growing interest in using feed additives such as enzymes, amino acids, and vitamins to enhance animal health and productivity. In the European Union (EU), there is a strong emphasis on sustainable livestock production practices due to stringent regulations regarding animal welfare and environmental standards. Significant investments have been made into research initiatives aimed at developing innovative feed additives that support animal health without negatively impacting the environment. In APAC countries such as China, rapid urbanization has led to increased meat consumption along with changes in dietary preferences towards high-quality protein sources such as poultry, beef, and pork. In India, the growing population and rising income levels have led to increased demand for animal protein sources like eggs, milk, and meat. This has created an opportunity for growth within the feed additives market due to an increased need for efficient animal production systems.
The FPNV Positioning Matrix is pivotal in evaluating the Feed Additives Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Feed Additives Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Volac Unveils New Feed Additives Division
Volac has launched a new division called Feed Additives to support the international feed industry in improving efficiency and addressing the Net Zero challenge. The newly launched division includes phytogenics, young animal nutrition, feed fats, forage preservation products, and mycotoxin risk management. [Published On: 2023-03-17]
Nutreco, BiomEdit Enter Research And Commercial Partnership For Feed Additives
Nutreco and BiomEdit have joined forces to develop innovative feed additives, catering to the needs of animal feed in poultry, swine, cattle, and aquaculture. This collaboration brings forth a range of benefits to enhance animal welfare, health, and productivity. [Published On: 2023-01-13]
Adisseo Announces Plan to Acquire Nor-Feed
Adisseo Group has entered into an agreement to acquire Nor-Feed and its subsidiaries, thereby expanding its portfolio to include a range of natural specialty ingredients. This acquisition represents a significant milestone in Adisseo's strategy to develop and offer specialty ingredients, aligning with the company's mission to provide sustainable solutions to its customers. [Published On: 2022-12-19]
The report delves into recent significant developments in the Feed Additives Market, highlighting leading vendors and their innovative profiles. These include ADDCON GmbH by Esseco S.r.l, Adisseo France SAS, Ajinomoto Co., Inc., Alltech, Inc., Archer Daniels Midland Company, Balchem Corp., BASF SE, Bentoli, Inc., Cargill, Incorporated, Centafarm SRL, Chr. Hansen Holding A/S, Dallas Keith Limited, Elanco Animal Health Incorporated, Evonik Industries AG by RAG-Stiftung, Global Nutrition International, Kemin Industries, Inc., Kerry Group, Koninklijke DSM N.V., Lallemand Inc., Novus International Inc.., Nutreco N.V., Prathista Industries Ltd., Purina Mills, and Zinpro Corporation.
This research report categorizes the Feed Additives Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- Acidifiers
- Acetic Acid
- Citric Acid
- Formic Acid
- Lactic Acid
- Malic Acid
- Propionic Acid
- Sorbic Acid
- Amino Acids
- Lysine
- Methionine
- Threonine
- Tryptophan
- Antibiotics
- Penicillin
- Tetracycline
- Antioxidants
- BHA
- BHT
- Ethoxyquin
- Carotenoids
- Astaxanthin
- Beta-Carotene
- Canthaxanthin
- Lutein
- Enzymes
- Phytase
- Protease
- Flavors & Sweeteners
- Minerals
- Calcium
- Copper
- Iron
- Magnesium
- Manganese
- Phosphorus
- Potassium
- Sodium
- Zinc
- Mycotoxin Detoxifiers
- Binders
- Modifiers
- Non-Protein Nitrogen
- Ammonia
- Urea
- Phosphates
- Defulorinated Phosphate
- Dicalcium Phosphate
- Mono-Dicalcium Phosphate
- Monocalcium Phosphate
- Tricalcium Phosphate
- Phytogenics
- Essential Oils
- Herbs & Spices
- Oleoresin
- Preservatives
- Anticaking Agents
- Mold Inhibitors
- Probiotics
- Bifidobacteria
- Lactobacilli
- Stretococcus thermophilus
- Yeast
- Vitamins
- Fat-Soluble
- Water-Soluble
- Acidifiers
- Form
- Dry
- Liquid
- Livestock
- Aquatic Animal
- Poultry
- Breeders
- Broilers
- Layers
- Ruminants
- Beef Cattle
- Calves
- Dairy Cattle
- Swine
- Source
- Natural
- Synthetic
- Application
- Aquaculture Feed
- Cattle Feed
- Pet Food
- Poultry Feed
- Swine Feed
- End-User
- Animal Feed Manufacturers
- Livestock Farms
- Pet Food Manufacturers
- Research Institutions
- Veterinary Clinics
- Zoos & Wildlife Sanctuaries
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Feed Additives Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Feed Additives Market?
- What are the technology trends and regulatory frameworks in the Feed Additives Market?
- What is the market share of the leading vendors in the Feed Additives Market?
- Which modes and strategic moves are suitable for entering the Feed Additives Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Feed Additives Market, by Type
- Feed Additives Market, by Form
- Feed Additives Market, by Livestock
- Feed Additives Market, by Source
- Feed Additives Market, by Application
- Feed Additives Market, by End-User
- Americas Feed Additives Market
- Asia-Pacific Feed Additives Market
- Europe, Middle East & Africa Feed Additives Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 28]
- List of Tables [Total: 2046]
- List of Companies Mentioned [Total: 24]
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