Press release
Feed Additives Market: Global Industry Analysis and Forecast 2023 - 2029
Global Feed Additives Market was valued at USD 36.52 billion in 2021 and is expected to reach USD 51.56 billion by the year 2028, at a CAGR of 5.05%.
Feed additives are products used in animal nutrition to improve the quality of animal feed and food or the performance and health of animals, such as by increasing the digestibility of feed materials. Feed additives are chemicals, substances, or organisms that promote nutrient digestion, absorption, and assimilation, as well as growth and health. They influence physiological processes such as immunity, stress resistance, and reproduction.
Feed additives include attractants, immunostimulants, prebiotics, probiotics, acidifiers, essential oils, and other ingredients.
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Market Dynamics:
Driver:
It is anticipated that an increase in demand and consumption of livestock-based products such as dairy & dairy-based products, meat, and eggs will drive the use of feed additives in feed for the growth and development of farm animals. Due to its high demand, low production costs, and lower product prices in both developed and developing countries, poultry meat is the primary driver of the expansion of the global meat industry. In addition, there is a growing trend towards animal-sourced protein in the form of meat, eggs, or milk as a result of an increased understanding of the role and dynamics of food nutrients, specifically protein, on overall physical and mental growth and development. This drives the use of feed additives because they improve the nutritional value of the feed.
Opportunities:
New capital-intensive technologies have made it possible to produce chicken and pig meat in industrial-style facilities in North America, Europe, and the Asia-Pacific region, particularly in countries with limited land. In recent years, there has been an upward trend in the meat production industry, particularly in industrialized nations such as the United States and Europe with lower land use. As a result, rising meat consumption is anticipated to compel farmers to boost their productivity, which will help feed the demand for additives.
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The Report Will Include A Major Chapter
•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Segmentation
By Type:
•Amino Acids
•Antibiotics /Antibacterial
•Probiotics
•Vitamins
•Others
By Source:
•Synthetic
•Natural
By Form:
•Dry
•Liquid
By Livestock:
•Poultry
•Ruminants
•Swine
•Aquatic animals
•Others
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By Region:
•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)
Key Players For The Global Feed Additives Market
•Cargill (US)
•ADM (US)
•Evonik (Germany)
•DuPont (US)
•BASF (Germany)
•DSM (Netherlands)
•Ajinomoto (Japan)
•Novozymes (Denmark)
•Chr. Hansen (Denmark)
•TEGASA (Spain)
•Nutreco (Netherlands)
•Kemin Industries Inc. (US)
•Adisseo (France)
•Alltech (US)
•Palital Feed Additives B.V (Netherlands)
•Global Nutrition International (France)
•Centafarm SRL (Italy)
•Bentoli (US)
•NUQO Feed Additives (France)
•Novus International Inc. (US)
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Table of Content:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Feed Additives Market by Type
Chapter 6: Feed Additives Market by Source
Chapter 7: Feed Additives Market by Form
Chapter 8: Feed Additives Market by Livestock
Chapter 9: Company Profiles and Competitive Analysis
Chapter 10: Global Feed Additives Market Analysis, Insights and Forecast, 2016-2028
Chapter 11: North America Feed Additives Market Analysis, Insights and Forecast, 2016-2028
Chapter 12: Europe Feed Additives Market Analysis, Insights and Forecast, 2016-2028
Chapter 13: Asia-Pacific Feed Additives Market Analysis, Insights and Forecast, 2016-2028
Chapter 14: Middle East & Africa Feed Additives Market Analysis, Insights and Forecast, 2016-2028
Chapter 15: South America Feed Additives Market Analysis, Insights and Forecast, 2016-2028
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
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