Animal Feed Supplements Market Trends, Industry Size and Competitive Landscape Analysis Report 2029 Evonik, Adisseo, CJ Group

The Global Animal Feed Supplements Market Size was estimated at USD 62.07 million in 2021 and is projected to reach USD 74.80 million by 2028, exhibiting a CAGR of 2.70% during the forecast period.

The Animal Feed Supplements Market research report provides all the information related to the industry. It gives the markets outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Animal Feed Supplements market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.

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Key Players in This Report Include:

Evonik, Adisseo, CJ Group, Novus International, DSM, Meihua Group, Kemin Industries, Zoetis, CP Group, BASF, Sumitomo Chemical, ADM, Alltech, Biomin, Lonza, Global Bio-Chem, Lesaffre, Nutreco, DuPont, Novozymes

The Global Animal Feed Supplements Market segments and Market Data Break Down are illuminated below:

Animal Feed Supplements Market Segments by Type:

Poultry Feeds
Ruminant Feeds
Pig Feeds
Others

Animal Feed Supplements Market Segments by Application:

Minerals
Amino Acids
Vitamins
Enzymes
Others

Recent Developments
In January 2023, Evonik Industries AG (Germany) invested USD 26.5 million in expanding its methyl mercapto-propionaldehyde (MMP) production plant in Wesseling, Germany, strengthening its global methionine production network. MMP is a key component in producing MetAMINO (DL-methionine), used to enhance livestock farming in animal feed. This investment bolsters the European methionine network, ensuring a stable supply of MMP to the MetAMINO production hub in Antwerp, Belgium, and reaffirming Evonik Industries AG's commitment to the global DL-methionine market. The expansion is enabled by a new production process that eliminates the need to store chemical intermediates on-site, prioritizing safety and efficiency. This expansion enhances Evonik Industries AG's position in the competitive feed additives market.
In September 2022, DSM completed its acquisition of Prodap, a prominent Brazilian animal nutrition and technology company. Prodap specializes in providing technology solutions, consulting services, and tailored nutritional solutions for enhanced efficiency and sustainability in animal farming. DSM aims to leverage Prodap's digital solutions to advance its Precision and personalization initiative, offering smarter nutritional decision-making through artificial intelligence and other tools on a global scale. This acquisition not only enhances DSM's animal nutrition expertise and advisory capabilities but also aligns with their commitment to achieving a double-digit reduction in on-farm livestock emissions by 2030.

Regional Analysis For Animal Feed Supplements Market:

North American market (United States, Canada, North America, Mexico),
European market (Germany, France, United Kingdom, Russia, Italy),

Asia-Pacific market (China, Japan, Korea, Asian countries, India, Southeast Asia),
South American market (Brazil, Argentina) , Colombia, etc.),
Middle East and African markets (Saudi Peninsula, United Arab Emirates, Egypt, Nigeria, South Africa)

The report provides insights on the following pointers:

Market Penetration: Animal Feed Supplements Provides comprehensive information on the market offered by the key players

Market Development: It Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

Market Diversification: Animal Feed Supplements Provides detailed information about new product launches, untapped geographies, recent developments, and investments

Market Trends: It Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

Table of content:

Chapter 1: Animal Feed Supplements Market Overview

Chapter 2: Global Economic Impact on Industry

Chapter 3: Global Market Competition by key players

Chapter 4: Global Production, Revenue (Value) by region

Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6: Global Production, Revenue (Value), Price Trend by Type

Chapter 7: Global Market Analysis by Application

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Global Animal Feed Supplements Market Forecast

…….

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Global Animal Feed Supplements Market Report: Key Features

- A comprehensive global and regional analysis of the Animal Feed Supplements market is also cited in this report.
- Provides detailed coverage of all industry segments in the Animal Feed Supplements market to evaluate potential trends, development strategies, and industry size estimations as of 2029.
- The report referred to an in-depth assessment of companies that function in the global Animal Feed Supplements market.
- Each industry participant's company profile includes industry portfolio examination, sales revenue, SWOT analysis and recent developments.
- Growth projections examine product segments and regions where industry-leading contributors should focus on investment trends, production/consumption ratios, and more.

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