he animal feed additives market will reach at $ 122.2 bn by 2032 ,Evonik , DuPont , DSM , Adisseo , BASF , ADM , Nutreco , Novusint , Charoen Pokphand Group , Cargill , Sumitomo Chemical , Kemin Industries , Biomin , Alltech , Addcon , Bio

The animal feed additives market totaled US$ 19.56 Bn in 2021, as per a latest market survey by ESOMAR-certified MRA. The animal feed additives market will reach at $ 122.2 bn by 2032. Overall animal feed additives demand is anticipated to grow at a steady pace, exhibiting a 4.23% CAGR through 2032.

With an increasing focus on the inclusion of probiotics and proteins in animal feed additives, product innovations in the market are on rise. Efforts to control feedstock contamination are anticipated to result in better product offerings, leading to market expansion at 1.70% by volume.
Some of the players that are in coverage of the study are Evonik , DuPont , DSM , Adisseo , BASF , ADM , Nutreco , Novusint , Charoen Pokphand Group , Cargill , Sumitomo Chemical , Kemin Industries , Biomin , Alltech , Addcon , Bio Agri Mix

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Adequate Feed Labelling To Improve Sales Prospects
Increasing incidence of foodborne diseases such as salmonella, listeria, and norovirus has compelled government bodies to impose stringent labeling laws for food products and animal feed. These regulatory processes ensure proper labeling of feed ingredients including common definitions and full ingredients lists.

Proper labeling of animal feed additives ensures the safety of ingredients for animal consumption, especially in livestock and poultry. These ingredients commonly include grains, legumes, minerals, and additional vitamins.

As per government regulations, commercial feed labeling should comprise product name, brand name, product purpose statement, levels of nutrients provided, list of ingredients, and feeding directions. Additional information includes manufacturer/distributor information, net weight of the package, and species to which the product is meant to be fed.

Feed labeling further allows buyers to select products deemed fit to meet their production requirements. Uniform labeling formats provide a level field play for both purchaser and the distributor, which in turn improves sales prospects of animal feed additives.

Major highlights from the Study along with most frequently asked questions:

1) What so unique about this Poultry Feed additives Assessment?

Market Factor Analysis: In this economic slowdown, impact on various industries is huge. Moreover, the increase in demand & supply gap as a resultant of sluggish supply chain and production line have made market worth observing. It also discusses technological, regulatory and economic trends that are affecting the market. It also explains the major drivers and regional dynamics of the global market and current trends within the industry.

Market Concentration: Includes C4 Index, HHI, Comparative Poultry Feed additives Market Share Analysis (Y-o-Y), Major Companies, Emerging Players with Heat Map Analysis
How Will Animal Feed Additives Sales Fare in the U.S.?
As per FMI's regional analysis, the animal feed additives market in the U.S. is anticipated to expand at a steady pace between 2021 and 2031. The market is majorly driven by increasing livestock production in the U.S. and Mexico and the trend is expected to prevail in the coming years, keeping the market afloat.

Besides this, stringent government regulations regarding meat quality and animal feed additives will emerge as key factors driving sales of safer animal feed alternatives. For instance, the U.S. Food and Drug Administration has imposed regulations to ensure the safety of cattle, poultry, and aquatic species in pisciculture across the country.

Additionally, the presence of a well-established agriculture sector supports an adequate supply of raw materials such as maize, corn, and dextrose for animal feed production, further improving sales prospects in the market.

What Will Be the Demand Outlook for Animal Feed Additives in China?
China is one of the largest producers and consumers of meat in the world. Rapid urbanization and changing consumers' preferences regarding consumption of meat are key factors shaping the demand outlook for animal feed additives in China.

Increasing per capita expenditure on high-quality food products in China has also created lucrative growth prospects for players operating in the market. As per FMI, rising disposable income will continue spurring demand for nutrition-rich animal source foods, translating into better growth prospects in the animal feed additives market.

What are the Prospects for Growth of Animal Feed Additives Sales in Germany?
Germany is anticipated to lead the animal feed additives market in Europe, exhibiting a 3% CAGR through 2031. Increasing sales of ready-to-eat and packaged meat products have led to implementations of stringent food regulations in the country, which is further shaping the demand outlook.

Expansion of the livestock and agriculture industry is providing tailwinds to animal feed additive sales in the country. Animal feed additives play a crucial role in safeguarding the health of livestock as well as those who consume animal-derived products.

These factors have made it essentials for players operating in the market to maintain high-quality standards in the production of animal feed additives for sustaining sales through 2031.

What will Support Animal Feed Additives Market Expansion in India?
Growing population and urbanization in India are driving sales of animal feed additives, opines FMI. Increasing consumption of animal protein is promoting sales of milk, eggs, and meat in the country, becoming staple foods in households and the restaurant industry.

India is home to a flourishing livestock industry that adequately supports dairy, poultry, and meat industry. Rising disposable income in the country, coupled with evolving lifestyle patterns in Indian citizens have spurred the demand for high-quality, nutrient-rich foods in recent years.

In addition, growing awareness regarding health and well-being has led to a shift in food preferences from a vegetarian diet to milk, eggs, and meat, which is a major factor driving sales of animal feed additives. Apart from this, high emphasis on prevention of animal diseases and rising concerns regarding the quality of animal products will keep driving sales in the market in the upcoming years.
Competitive Landscape
The global animal feed additives market is highly consolidated with the presence of major global and regional players. Amid soaring competition, top 5 players comprising BASF SE, EVONIK INDUSTRIES AG, Cargill, Inc., Koninklijke DSM N.V., and Nutreco N.V. are anticipated to account for approximately 30-40% of the total market share.

As a part of their growth strategies, leading players in the market are emphasizing on strategic partnerships, mergers, and acquisitions to establish a firm foothold in the market. Apart from collaborations, profound emphasis on research and development for better product rollout will help solidify growth prospects during the assessment period. For instance:

In March 2021, Ajinomoto Co. collaborated with Pegasus Tech Ventures, a global venture capital firm to tap into Silicon Valley-based start-ups in the market to capitalize on emerging trends in the food and healthcare sector. The collaboration will allow the company to expand its geographical footprint across 16 locations around the world.
In June 2021, Biomin GmBH, a global animal nutrition, and feed additive producer announced its involvement in a four-year-long US$ 11.9 Mn EU-backed research consortium effort to address the challenges in pig and poultry production. The project called 3D'omics is looking to create a new technology to analyze animal microbiota interactions at the microscale by creating 3D visualizations for a better understanding.

** Companies reported may vary subject to Name Change / Merger etc.

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Recent Developments
In 2022, BASF expanded its feed enzymes production capacity at Ludwigshafen (Germany) plant. Through the expansion of the existing plant, BASF has significantly increased its annual production. The larger production capacity enables BASF to meet the growing global demand from customers for a reliable high-quality supply of the BASF feed enzymes Natuphos E (phytase), Natugrain TS (xylanase and glucanase) and the recently launched Natupulse TS (mannanase).

In July 2021, Danisco Animal Nutrition has expanded the launch of novel phytase feed enzyme, Axtra PHY GOLD in Malaysia, Thailand and Australian markets. Earlier, in the Asian Pacific, this product was first launched in India in 2020

In Feb 2020, Bluestar Adisseo formed a joint venture with Calysta Inc., a US-based protein producer to form a joint venture named Calysseo to develop FeedKind, an innovative feed solution for aquaculture, and to provide exclusive supply for Asian markets.

North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, NORDICs, BALTIC Countries, Russia, Austria and Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam etc) & Rest
• Oceania: Australia & New Zealand
Basic Segmentation Details
Poultry Feed additives Product Types In-Depth: Minerals , Amino Acids , Vitamins , Enzymes , Others .

Poultry Feed additives Major Applications/End users: Chicken , Adult Chicken

Geographical Analysis: North America, US, Canada, Mexico, Europe, Germany, France, U.K., Italy, Russia, Nordic Countries, Benelux, Rest of Europe, Asia, China, Japan, South Korea, Southeast Asia, India, Rest of Asia, South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Turkey, Israel, Saudi Arabia, UAE & Rest of Middle East & Africa & Rest of World

For deep analysis of Poultry Feed additives Market Size, Competition Analysis is provided which includes Revenue (M USD) by Players (2022-2028) & Market Share (%) by Players (2022-2028) complimented with concentration rate.

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