Press release
Novel Feed Additives Market to Surpass USD 10.5 Billion by 2034 Amid Rising Demand for Sustainable Animal Nutrition
The global novel feed additives market is projected to reach approximately USD 5,584.2 million by the end of 2024. With a forecasted compound annual growth rate (CAGR) of 6.6%, the market is expected to exceed USD 10,581.2 million by 2034.Farmers and producers are increasingly seeking alternatives to enhance animal health and productivity while minimizing environmental impact. Companies such as Evonik Industries and Alltech are innovating natural feed additives designed to improve nutrient absorption and reduce methane emissions, contributing to more sustainable cattle nutrition.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐๐จ๐๐๐ฒ! https://www.futuremarketinsights.com/report-sample#5245502d47422d3139383031
Additionally, growing concerns over the quality of animal-derived products are driving demand for antibiotic-free and artificial additive-free meat, milk, and eggs. This shift is pushing producers toward advanced feed supplements like probiotics and prebiotics, which support gut health and immune function. Companies such as Novus International are at the forefront, offering a range of feed additives that optimize animal health and productivity.
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
The novel feed additives market is witnessing significant expansion due to advancements in biotechnology, increasing awareness about animal health, and stringent regulations on antibiotic usage in animal feed. These additives, including probiotics, prebiotics, enzymes, essential oils, and organic acids, are playing a crucial role in improving gut health, enhancing feed conversion ratios, and supporting immunity in livestock.
๐๐๐ฒ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Rising Demand for Antibiotic Alternatives - Stringent regulations on antibiotic growth promoters (AGPs) in livestock production have spurred the adoption of natural and functional feed additives.
โข Growing Sustainability Concerns - With the global push towards reducing carbon footprints in agriculture, novel feed additives help optimize feed utilization and minimize environmental impact.
โข Increasing Livestock Production - The expanding global population is driving the need for high-quality protein sources, boosting demand for efficient animal nutrition solutions.
โข Technological Innovations - Advances in microencapsulation, nanotechnology, and precision nutrition are enhancing the efficacy and stability of novel feed additives.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฐ! https://www.futuremarketinsights.com/reports/novel-feed-additives-market
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The firms are also seeking to protect their positions by offering patented compounding and formulations. Manufacturers collaborate with research institutions and universities, to be relevant and remain competitive. Alltech collaborates with some of the academic institutions to come up with new generations of feed.
Geographic expansion is another strategy. Companies are moving into new territories to find more customers. Nutreco has been growing its business in Asia and Africa and adapting the products for the local population. Manufacturers are targeting environment-loving consumers by producing sustainable goods and extending their practices.
ADM practices the principles of sustainable sourcing and production. The policies are attractive to the manufacturers aiming at improving their market share and sales within the competitive industry.
๐ ๐จ๐ซ ๐ข๐ง๐ฌ๐ญ๐๐ง๐๐
โข In 2023, MiAlgae introduced its omega-3 product NaturAlgae, which includes a high DHA and other oils containing dry powder suited for the aquafeed recipes promoting the well-known omega-3 health benefits. The company has developed its own technologically advanced production to lessen the load on naturally captured fish, the long-known source of omega-3.
โข In 2024, DSM-firmenich's product named Bovaer, a methane-reducing feed additive for beef cattle was granted approval for marketing in South Korea. This approval represents a major advancement in the goals of sustainable agriculture in South Korea.
๐๐๐๐๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ
โข Volac International Limited
โข Chemlife Innovations Pvt Ltd
โข All microalgae
โข DSM
โข Corbion
โข Bioproton
โข Land O'Lakes, Inc. (PMI Nutrition)
โข Orffa
โข Arshine Feed Additives Co., Ltd.
โข Imerys
โข Others
๐๐ง๐ข๐ฆ๐๐ฅ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.futuremarketinsights.com/industry-analysis/animal-nutrition
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
๐๐ฒ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ:
As per Ingredients, the industry has been categorized into Microalgae based ingredients (De-oiled Microalgae meal, and Microalgae oil), Probiotics/ Direct Fed Microbial (DFM), Prebiotics (Yeast Cell Wall, and Clay minerals), Alkalizers and buffers, Antibiotic Growth Promoters, Phyto biotics, Acidifiers/ Organic Acids, Nanoparticles as Feed additive, Antifungal Additives and Mycotoxin Binders, Bio-minerals or Chelated trace minerals, and Others.
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐๐ฌ:
As per sources, the industry has been categorized into Natural, (Plants, Animals, Micro-organisms), and Synthetic.
๐๐ฒ ๐ ๐จ๐ซ๐ฆ:
This segment is further categorized into Powder and Liquid.
๐๐ฒ ๐๐ฉ๐๐๐ข๐๐ฌ:
As per species, the industry has been categorized into Ruminant (Calves, Dairy, Cattle, Beef Cattle, and Others), Poultry (Boilers, Layers, Ducks, Turkey, and Others (Geese, pheasants)), Swine, Aquaculture, and Pet animal.
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, Balkans & Baltic, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and Middle East & Africa.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐๐'๐ฌ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐จ๐ง๐ ๐จ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐ข๐งโฏ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐จ๐ฆ๐๐ข๐ง:
Nutraceuticals Market: https://www.futuremarketinsights.com/reports/nutraceuticals-market
Lutein Market: https://www.futuremarketinsights.com/reports/lutein-market
Palm Mid-Fraction Market: https://www.futuremarketinsights.com/reports/palm-mid-fraction-market
Microbial Seed Treatment Market: https://www.futuremarketinsights.com/reports/microbial-seed-treatment-market
Sodium Citrate Dihydrate Market: https://www.futuremarketinsights.com/reports/sodium-citrate-dihydrate-market
Curcumin Food Color Market: https://www.futuremarketinsights.com/reports/curcumin-food-color-market
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