Animal Feed Additives Market 2018-2024 | Top Players - Cargill, DSM, BASF, Dupont, Novus International, Inc., Archer Daniels Midland Company, Nutreco, Kemin Industries

Animal Feed Additives Market is likely to generate over USD 25 billion by 2024; according to a new research report by Global Market Insights, Inc. The current scenario in the overall animal health space seems to be indicating that prominent behemoths in animal feed additives market are continuously involved in enhancing the quality of feed nutrition and improving feed palatability and digestibility. Feed additives are known to overcome dietary deficiencies by complementing the growth rate of animals, on the grounds of which many livestock industries have been demanding feed additives on large scale to modify animal metabolism in specific ways – say for instance, improve milk yielding efficiency in lactating animals and minimizing animal waste. The rise in demand for the product from livestock farmers to supply daily nutrition to animals is likely to boost animal feed additives industry share. In fact, to tap into the growing business opportunities in animal feed additives market, several counterfeit firms have launched their products comprising various harmful ingredients. In order to undertake appropriate steps regarding the same, and to enhance the quality of feed and ensure animal safety, numerous regulatory bodies have enforced norms and framed guidelines to promote hygiene practice at all level of feed and agriculture production. The significant deployment of food and safety norms across the globe is thus slated to push animal feed additives market share over the years ahead.

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Company Profiles
1. Cargill
2. DSM
3. BASF
4. Dupont
5. Novus International, Inc.
6. Archer Daniels Midland Company
7. Nutreco
8. Kemin Industries
9. Nutriad
10. Lucta
11. Impextraco N.V.
12. Orffa
13. Andrés Pintaluba SA, APSA
14. Neovia
15. Alltech, Inc.
16. Dr.Eckel Animal Nutrition GmbH & Co. KG
17. MIAVIT GmbH
18. Biomin Holding GmbH
19. Institute of Pharmacy and Technology (IPT), Salipur
20. Kaesler Nutrition GmbH

U.S. animal feed additives market should grow significantly at a rate of over 3% by 2024 due to strong demand for quality & safe meat products. Stringent food & safety regulations pertaining to standardized meat and milk products along with ban on meat and bone meal should amplify regional product demand.
Rising concerns towards disease outbreaks in livestock suffering from swine flu, bird flu, infections and avian influenza should drive animal feed additives market demand. Increasing concern for safety and quality of meat & meat products should prompt growing demand for specialty additives adding to global demand. Growing consumer demand for meat products as a source for protein and nutrients along with rising concern towards livestock health & safety should drive animal feed additives market demand. These products act as catalyst preventing diseases, improving weight gain, digestion, conversion rate and overall health.
Pigment animal feed additives market size should gain about 4.5% during projected timeframe. Its ability to improve palatability and appeal to improve feed efficacy should drive industry size. Growing industrialization of pork, aquaculture and poultry business on a global scale should drive product demand.
Animal feed additives market demand from aquaculture application should grow steadily to surpass 155 kilo tons by 2024. Amino acids are one of the important ingredients in aquafeed additives as fish and prawns are not able to synthesize proteins into amino acids which include tryptophan, lysine, methionine, and threonine. Vitamins also form importance source of diet for shrimp & fish to enhance disease resistance and improve defense mechanism.
Stringent regulations and policies towards ban on use of antibiotic growth promoters (AGPs) increases demand for natural growth promoters owing to bioaccumulation and building resistance towards medical antibiotics which should propel animal feed additives market. Increasing emphasis towards standardizing meat products should drive demand for antioxidants, vitamins and amino acids further bolstering animal feed additives demand.
Browse key industry insights spread across 1855 pages with 3451 market data tables & 50 figures & charts from the report, “Animal Feed Additives Market Size by Livestock (Poultry {Boilers, Layers, Turkey}, Aquaculture {Salmon, Trout, Shrimps}, Pork/Swine, Cattle {Dairy, Beef, Calf}, Pet), By Product (Vitamins {Vitamin A, C, D, E, K, B1, B2, B6, B12, Biotin, Folic Acid, Niacin, Caplan}, Amino Acids {Tryptophan, Lysin, Methionine, Threonine}, Antioxidants {Natural, Synthetic}, Enzymes {Phytase, Non-Starch Polysaccharide}, Sweeteners {Natural[Stevia, Thaumatin], Synthetic[Neotame, Saccharine]}, Flavors {Natural, Synthetic}, Pigments {Synthetic Red, Natural Red, Synthetic Yellow, Natural Yellow}, Probiotics {Lactobacilli, Bacillus, Bifidobacterium, Streptococcus}), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, Italy, France, Spain, Netherlands, Austria, Belgium, Croatia, Russia, Serbia, Bulgaria, Romania, Bosnia, Hungary, Macedonia, Albania, Belarus, Ukraine, Poland, Denmark, UK, China, India, Vietnam, Thailand, Indonesia, Pakistan, Uzbekistan, Brazil, Argentina, Paraguay, Uruguay, Peru, Chile, Venezuela, Colombia, Ecuador, Turkey, Iran, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/animal-feed-additives-market

Probiotics animal feed additives market size should grow significantly at a rate of over 5.5% during forecast timeframe as it helps in enhancing gut & intestinal health in swine, poultry and cattle being dietary supplement. It comprises of live micro-organism strains which maintains microbial flora in gastrointestinal tract in animals improving digestion and feed efficacy propelling industry growth.
Enzymes animal feed additives market size should create revenues over USD 750 million by 2024 owing to the exceptional ability to convert nutrients into energy. It breaks down feed into smaller components by binding into the feed substrates improving productivity and livestock health, thus driving animal feed additives market.
Germany animal feed additives market size should grow significantly during forecast timeframe due to raising living standards along with spurring meat demands from packaged food sector. High economic standards coupled with busy working schedule should further strengthen demand for packaged food implying animal feed additives market growth.
Animal feed additives market demand from pet food applications should surpass 160 kilo tons by 2024. Pets needs nutrition & special care for strengthening their joints, improving metabolism, and protecting hair & skin coats. Vitamins, pigments, flavors, antioxidants and probiotics are the prominently used in pet food. Vitamins helps to enable in maintaining body functions and provides essential nutrients needed for growth of pet animals.
Global animal feed additives market share is moderately fragmented with market players including Novus International, DSM, Kaesler Nutrition, Kemin, Cargill and ADM. Companies focus in developing application scope for products along with expanding production capacity through mergers, acquisitions and partnerships. It also helps them expand their product marketing reach to various other regions.

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