Feed Additives Market Growth Driven by Rising Demand for Natural Supplements and Sustainable Animal Nutrition Solutions Worldwide

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Feed Additives Market- (By Type (Phosphates, Amino Acids, Vitamins, Acidifiers, Carotenoids, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, Antioxidants), By Form (Dry, Liquid), By Source (Synthetic, Natural), By Livestock (Poultry, Ruminants, Swine, Aquatic animals, Other livestock)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Feed Additives Market is valued at USD 42.73 Bn in 2023, and it is expected to reach USD 69.31 Bn by the year 2031, with a CAGR of 6.36% during a forecast period of 2023-2031.

Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/2177

Feed additives comprise various chemicals, compounds, or microorganisms designed to enhance animals' capacity to absorb, digest, and utilize nutrients for improved growth and overall health. These additives play a crucial role in strengthening immune response, enhancing stress resilience, and supporting reproductive performance. The growing emphasis on optimizing feed efficiency within the agriculture and livestock sectors has significantly contributed to the expansion of the feed additives market. Feed efficiency is increasingly recognized as a critical factor in animal husbandry due to its substantial impact on both farm productivity and environmental sustainability.

Simultaneously, the rise of e-commerce in the food and beverage sector has stimulated growth within the packaging industry, subsequently increasing the demand for anti-fog additives. Both emerging and established manufacturers are leveraging opportunities created by the rapid expansion of food courts, online retail platforms, grocery stores, and supermarkets. In response to evolving market demands, farmers are allocating greater resources toward premium-quality feed additives aimed at enhancing animal nutrition, minimizing disease risks, and boosting productivity.

List of Prominent Players in the feed additives market:
• Cargill, Incorporated (US)
• ADM (US)
• International Flavors & Fragrances (US)
• Evonik Industries AG (Germany)
• BASF SE (Germany)
• DSM (Netherlands)
• Ajinomoto (Japan)
• Novozymes (Denmark)
• CHR. HANSEN (Denmark)
• TEGASA (Spain)
• Nutreco (Netherlands)
• Kemin Industries Inc (US)
• Adisseo (France)
• BRF (Brazil)
• Solvay (Belgium)
• Global Nutrition International (France)
• Centafarm SRL (Italy)
• Bentoli (US)
• Nuqo Feed Additives (France)
• Novus International Inc. (US)
• Palital Feed Additives B.V. (Netherlands)
• VITAFORMS (US)
• ALLTECH (US)
• Neospark Drugs and Chemicals Private Limited (India)
• Tex Biosciences (P) Ltd. (India)

Market Dynamics:
Drivers-
The increasing demand within the feed additives market is driven by the rising preference for natural growth enhancers such as probiotics, prebiotics, and botanical extracts. These alternatives are increasingly favored over synthetic compounds and conventional antibiotics due to their potential to promote healthier, more sustainable practices in animal agriculture. The use of natural supplements offers several advantages, including enhanced athletic performance and a reduced risk of antibiotic resistance and chemical contamination in food, positioning them as a preferable choice in competitive animal production.

Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2025-02

Challenges:
The global feed additives market faces several significant challenges, primarily driven by stringent regulations, a shortage of skilled professionals, and a lack of standardized protocols. Navigating these complexities is made more difficult by the need to comply with diverse regulations across various jurisdictions. The industry is working to balance the well-being of animals, food safety, and long-term market sustainability, all while addressing concerns regarding the potential human health impacts of antibiotic resistance. In response to restrictions on antibiotic use in animal feed, there has been a notable shift toward more sustainable and responsible alternatives. Additionally, the COVID-19 pandemic has had a profound impact on the meat industry, with growing health concerns among consumers leading to a decline in meat demand. This shift has resulted in increased interest in plant-based proteins, slowing the growth of the sector. Furthermore, supply chain disruptions have caused significant price hikes, particularly for beef and pork, contributing to greater volatility in the meat market and influencing consumer behavior toward reduced meat consumption.

Regional Trends:
The Asia-Pacific region is expected to dominate the feed additives market, holding a substantial share of the revenue. The market in this region is projected to grow at a robust compound annual growth rate (CAGR) due to factors such as rising population numbers, increased disposable incomes, and a growing demand for high-quality meat products. Additionally, the European market has seen considerable growth, driven by improvements in hog production efficiency, reduced costs for finished products, and an overall increase in pricing. The demand for animal feed in the pig and pork industries is expected to rise, supported by the expanding pig population across the region.

Recent Developments:
• In April 2023, BASF and Schothorst Feed Research joined forces to reduce animal agriculture's negative effects on the environment. Incorporating BASF's Opteinics digital sustainability platform into SFR's global advisory services for animal nutrition was made possible thanks to this collaboration.
• In June 2022, Cargill finalized a legally binding agreement to procure Delacon, the leading organization on phytogenic additives derived from plants. The acquisition provided a global presence, extensive knowledge of feed additives, and the ability to produce more nourishing foods.

Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/2177

Segmentation of feed additives market-
By Type -
• Phosphates
• Amino Acids
• Vitamins
• Acidifiers
• Carotenoids
• Enzymes
• Flavors & Sweeteners
• Mycotoxin Detoxifiers
• Minerals
• Antioxidants
• Nonprotein Nitrogen
• Phytogenics
• Preservatives
• Probiotics
By Form-
• Dry
• Liquid
By Source-
• Synthetic
• Natural
By Livestock
• Poultry
• Ruminants
• Swine
• Aquatic animals
• Other livestock
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

This release was published on openPR.