Animal Feed Additives Market 2023 Size, Share, Industry, Forecast to 2030

The Animal Feed Additives Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Animal Feed Additives market. This report explores all the key factors affecting the growth of the global Animal Feed Additives market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Detailed Segmentation are:
by Additive Type (Amino Acids, Antioxidants, Feed Enzymes, Feed Acidifiers, Vitamins, Minerals, Binders, Antibiotics, and Others), Livestock (Swine, Ruminants, Poultry, Aquatic Animals, and Others), Form (Dry, Liquid, and Others), and Function (Single Function and Multifunction)

Animal Feed Additives Market 2023 Overview:

Animal Feed Additives Market Overview:

The global animal feed additives market size was valued at $19,642 million in 2017, and is anticipated to grow at a CAGR of 6.0% to reach $31,387 million during 2018 to 2025. Feed additives are used in animal nutrition to enhance the quality and properties of animal feed and to boost features such as overall gut health/digestive performance, palatability preservation, and others. They have gained significant importance globally as they improve the overall health of animals, which in turn improves the quality and quantity of meat produced. For example, in poultry diet, feed additives are used to improve the egg laying capacity of birds, feed utilization, and disease prevention. Similarly, a swine diet includes various natural & synthetic additives such as acidifiers, high dietary levels of copper & zinc, and phytase to boost the performance and profitability of this feed.

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

BASF SE

Cargill Incorporated

Addcon Group

Evonik Industries AG

Koninklijke DSM N.V.,

Aliphos Belgium S.A.,

Kemin Industries Inc

Nutreco N.V.

Phibro Animal Health Corporation.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Animal Feed Additives Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

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Strategic Points Covered in Table of Content of Global Animal Feed Additives Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Animal Feed Additives market
Chapter 2: Exclusive Summary - the basic information of the Animal Feed Additives Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Animal Feed Additives
Chapter 4: Presenting the Animal Feed Additives Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Animal Feed Additives market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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In conclusion, the Animal Feed Additives Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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