Press release
Animal Feed Additives Market is set to experience value growth at 5.2% CAGR over the next ten years
Consumer understanding of the benefits of using feed additives to minimize disease prevalence has risen over the years. Protein building blocks are important for the health of livestock. With increased meat and seafood consumption, commercial farmers need high-quality, nutritionally rich feed for meat production, which is significantly contributing to the demand growth of animal feed additives.
To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/31218
The aquaculture market is growing due to rising urbanization and increasing individual income, resulting in high consumption of protein-rich meats. Change in customer preference for seafood as a source of protein has boosted demand for unusual fish species, raising overall seafood demand, thereby driving the sales of animal feed additives.
Mergers, collaborations, expansion, and investments are taking place in this marketplace at a rapid pace. Some of the key market developments are:
In 2019, Archer Daniel Midland opened an advanced livestock feed facility in Hoa Mac, Vietnam. This facility will produce feed for swine, poultry, and rabbits. It will further strengthen the company's industrial and commercial coverage in the Vietnamese feed market and expand its business in the region.
In 2018, Koninklijke DSM N.V. set aside US$ 3 Mn to expand its nutrition business and maintain its profit growth with focus on cost control and operational excellence The company strategizes to expand its nutrition business owing to increased customer centricity for nutrition in both, animals and humans.
Request For Report Customization@ https://www.persistencemarketresearch.com/request-customization/31218
Key Takeaways from Market Study
The market in countries of South Asia & Latin America is expected to expand at CAGRs of 7.8% and 7%, respectively, through 2031.
North America and Europe dominate the global market of animal feed additives with the shares of 25.6% and 19.6%, respectively.
Powder form of animal feed additives is witnessing a prominent market value share at 57.9%, which will be equivalent to revenue around US$ 37 Bn by 2031.
Poultry to hold 44.8% market value share and reach a market value around US$ 29.5 Bn by 2031.
The U.S. and China hold significant shares for animal feed additives in North America and East Asia, respectively.
With the unprecedented outbreak of COVID-19, sales of meat, poultry, and fish witnessed a sharp decline in 2020. Disruptions in the supply chain and global lockdowns further stagnated market growth.
Competitive Landscape
Animal feed additives manufacturers are focusing on increasing their application by investing in research & development to develop new products. Manufacturers of animal feed additives are expected to continue coming up with numerous innovations to expand their product range.
In 2019, Archer Daniel Midland expanded its research & development capabilities with the opening of a new animal nutrition technology center in Decatur, U.S., to serve the needs of the broad animal nutrition market. This new technology center will put efforts toward improvement of ingredients and nutritional solutions for pet food, pet treats, and aquaculture feed.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/31218
Access Related Reports-
Mycotoxin Binding Agents Market: https://www.persistencemarketresearch.com/market-research/mycotoxin-binding-agents-market.asp
Feed Premix Market: https://www.persistencemarketresearch.com/market-research/feed-premix-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About Us:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Animal Feed Additives Market is set to experience value growth at 5.2% CAGR over the next ten years here
News-ID: 2699574 • Views: …
More Releases from Persistence Market Research
U.S. Dishwasher Market to Reach US$ 12.8 Billion by 2032 - Persistence Market Re …
The U.S. dishwasher market is entering a strong growth phase supported by evolving consumer lifestyles, technological upgrades, and rising adoption of convenience-driven home appliances. As per recent industry estimates, the market is valued at US$ 8.2 billion in 2025 and is forecasted to reach US$ 12.8 billion by 2032, advancing at a CAGR of 6.6% between 2025 and 2032. This robust trajectory underscores how households and commercial establishments are increasingly…
U.S. & Canada Residential Ceiling Fan Market Set for Strong Growth Through 2032
The U.S. & Canada residential ceiling fan market is gearing up for a period of steady and promising expansion. Valued at US$5.6 billion in 2025, the market is projected to reach US$8.5 billion by 2032, driven by a healthy CAGR of 6.1% during the forecast period. With rising emphasis on energy efficiency, modern home aesthetics, and smart-home integration, ceiling fans are becoming indispensable components of residential comfort systems across North…
Europe Used Car Market to Hit US$503.1 Billion by 2031 as Key Players Like Auto1 …
The Europe used car market is undergoing a transformational shift driven by evolving consumer preferences, rising digitalization in automotive retail, and higher demand for cost-effective mobility solutions. According to Persistence Market Research, the market is projected to reach US$503.1 billion by 2031, rising from US$341.3 billion in 2024, with a steady CAGR of 5.7% from 2024 to 2031. This growth demonstrates how significantly the market is being shaped by factors…
Bike and Scooter Rental Market to Hit US$16.9 Billion by 2032 as Key Players Lik …
The global bike and scooter rental market is undergoing rapid transformation as urban mobility shifts toward shared, sustainable, and cost-efficient transportation solutions. According to Persistence Market Research, the market was valued at US$ 5.4 Bn in 2024 and is expected to expand from US$ 6.2 Bn in 2025 to US$ 16.9 Bn by 2032, reflecting an impressive CAGR of 15.5% between 2025 and 2032. This accelerated growth is being shaped…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
