What are the growing factor of Animal Feed Additives Market | Spreading Key players - Cargill Incorporated, Addcon Group, Evonik Industries AG, Koninklijke DSM N.V.,Aliphos Belgium S.A.
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Increase in global meat consumption, industrialization of meat products, and rise in awareness of the quality of dairy & meat products consumed drive the growth of the global feed additives market. However, increase in raw material costs restricts the market growth.
The global animal feed additives market is segmented based on additive type, livestock, form, function, and region. Based on additive type, the market is categorized into amino acids, antioxidants, feed enzymes, feed acidifiers, vitamins, minerals, binders, antibiotics, and others. Amino acids are sub-segmented into methionine, lysine, threonine, tryptophan, and others. Antioxidants are further segmented into BHA, BHT, ethoxyquin, and others. Feed enzymes are further classified into phytase, non-starch polysaccharides, protease, xylanase, and others. Feed acidifiers are sub-segmented into formic acid, butyric acid, fumaric acid, acetic acid, and others. Vitamins are further bifurcated into water soluble and fat soluble. Minerals are sub-segmented into zinc sources, iron sources, manganese sources, and copper sources. Binders are further divided into calcium lignosulphate, guar (Arabic) gum, and others. Antibiotics are subdivided into tetracycline, penicillin, and others. Based on livestock, the market is categorized into swine, ruminants, poultry, aquatic animals, and others (equine, pets, and birds). According to form, it is classified into dry, liquid, and others (powder and pellet form). As per function, it is fragmented into single function and multifunction. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key market players operating in the market include:
Archer Daniels Midland Company
Evonik Industries AG
Koninklijke DSM N.V.,
Aliphos Belgium S.A.,
Kemin Industries Inc
Phibro Animal Health Corporation.
Key Benefits for Animal Feed Additives Market
This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2017?2025, which assists to identify the prevailing market opportunities.
Major countries in each region are studied as per key trends, developments, and presence of industry players in the market.
Region-wise and country-wise market conditions are comprehensively analyzed in the report.
This study evaluates the value chain to understand the competitive environment across geographies.
An in-depth analysis of segmentation is provided to elucidate the dominant market opportunities.
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Animal Feed Additives Key Market Segmentations:
By Additive Type
Guar (Arabic) Gum
Others (Equine, Pets, and Birds)
Others (Power and Pellet Form)
Rest of Europe
Rest of Asia-Pacific
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