Feed Additives Market Share, Size, Industry Analysis Report 2023-2028

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Written By Andrew Smith

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Global Feed Additives Market Overview:

The latest report by IMARC Group, titled “Feed Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global feed additives market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global feed additives market size reached US$ 37.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 50.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028. 

Feed additives are products that are widely used in animal nutrition for improving the performance and health of animals. It is mainly used to increase feed efficiency, improve the quantity and quality of the animal products obtained, reduce the overall costs, and protect the health of animals. These are added to animal feeds in the right amounts and for the right purposes to offer several advantages to animal breeders.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

The global market is primarily driven by the growing consumption of animal-based products. This, in confluence with the increasing standardization of meat products due to several disease outbreaks, is significantly contributing to the global feed additives market growth. Furthermore, the development of innovative animal husbandry practices to improve meat quality is positively influencing the market growth. Moreover, the widespread adoption of new forms of natural feed additives by the feed manufacturers, such as botanical additives, is creating a positive outlook for the market across the globe.

Competitive Landscape With Key Players :

Cargill Incorporated, Archer Daniels Midland (ADM) Company, Dupont De Nemours Inc., Evonik Industries AG, BASF SE, Koninklijke DSM N.V., Solvay S.A., Ajinomoto Co. Inc., Novozymes A/S, Chr. Hansen Holding A/S, Invivo Communications Inc., Nutreco N.V., Kemin Industries, Inc., Adisseo France SAS, Alltech, etc.

Also Read Blog: List of Feed Additives Companies in the World

Key Market Segmentation:

Source:

  • Synthetic
  • Natural

Product Type:

  • Amino Acids
    • Lysine
    • Methionine
    • Threonine
    • Tryptophan
  • Phosphates
    • Monocalcium Phosphate
    • Dicalcium Phosphate
    • Mono-Dicalcium Phosphate
    • Defulorinated Phosphate
    • Tricalcium Phosphate
    • Others
  • Vitamins
    • Fat-Soluble
    • Water-Soluble
  • Acidifiers
    • Propionic Acid
    • Formic Acid
    • Citric Acid
    • Lactic Acid
    • Sorbic Acid
    • Malic Acid
    • Acetic Acid
    • Others
  • Carotenoids
    • Astaxanthin
    • Canthaxanthin
    • Lutein
    • Beta-Carotene
  • Enzymes
    • Phytase
    • Protease
    • Others
  • Mycotoxin Detoxifiers
    • Binders
    • Modifiers
  • Flavors and Sweeteners
    • Flavors
    • Sweeteners
  • Antibiotics
    • Tetracycline
    • Penicillin
    • Others
  • Minerals
    • Potassium
    • Calcium
    • Phosphorus
    • Magnesium
    • Sodium
    • Iron
    • Zinc
    • Copper
    • Manganese
    • Others
  • Antioxidants
    • Bha
    • Bht
    • Ethoxyquin
    • Others
  • Non-Protein Nitrogen
    • Urea
    • Ammonia
    • Others
  • Preservatives
    • Mold Inhibitors
    • Anticaking Agents
  • Phytogenics
    • Essential Oils
    • Herbs and Spices
    • Oleoresin
    • Others
  • Probiotics
    • Lactobacilli
    • Streptococcus Thermophilus
    • Bifidobacteria
    • Yeast

Livestock:

  • Ruminants
    • Calves
    • Dairy Cattle
    • Beef Cattle
    • Others
  • Poultry
    • Broilers
    • Layers
    • Breeders
  • Swine
    • Starters
    • Growers
    • Sows
  • Aquatic Animal
  • Others

Form:

  • Dry
  • Liquid

Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

  • Market Performance
  • Market Outlook 
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Source, Product Type, Livestock, Form, Region
Region Covered Asia Pacific, North America, Europe, Middle East and Africa, Latin America
Companies Covered Cargill Incorporated, Archer Daniels Midland (ADM) Company, Dupont De Nemours Inc., Evonik Industries AG, BASF SE, Koninklijke DSM N.V., Solvay S.A., Ajinomoto Co. Inc., Novozymes A/S, Chr. Hansen Holding A/S, Invivo Communications Inc., Nutreco N.V., Kemin Industries, Inc., Adisseo France SAS and Alltech
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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