Feed Additives Market Size, Share & Growth Forecast | 2031
Feed Additives Market Size, Share & Growth Forecast | 2031
Segments - Feed Additives Market by Additive Types (Antibiotics [Tetracyclines, Penicillins, and Others], Vitamins [A, B, C, E, and Others], Antioxidants [BHA, BHT, Ethoxyquin, and Others], Amino Acids [Tryptophan, Lysine, Methionine, Threonine, and others], Enzymes [Carbohydrases, Phytases, and Others], Mycotoxin Detoxifiers [Binders and Bio-transformers], Prebiotics[Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, and Others], Probiotics [Lactobacilli, Bifidobacteria, and Others], Flavors and Sweeteners, Pigments [Carotenoids, Curcumin and Spurulina, and Others], Binders Acidifiers[Natural and Synthetic], and Minerals[Micro minerals and Macro Minerals]), Animal Types (Ruminants, Poultry, Swine, and Others), and Regions (North America, Europe, Asia-Pacific, South America, and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.
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| Report ID :HC-1022
| 4.4 Rating
| 72 Reviews
| 179 Pages
| Format :
Report Description
The global feed additives market is anticipated to expand at a CAGR of 5.5% during the forecast period, 2021 – 2028. The growth of the market is attributed to the increasing livestock population in the emerging countries and rising demand for high quality feed additives and compound feed across the globe.
A feed additive is an inclusion of extra nutrient or drug that is feed to livestock. Additives include vitamins, aminoacids, fatty acids, minerals, pharmaceuticals, fungal products, and steroidal compounds. The additives positively impacts feed hygiene and digestibility of animals. Feed additives include feeding attractants, immunostimulants, prebiotics, probiotics, acidifiers, and essential oils.
Feed attractants enhance the ingestion of feeds. Feed additives are non-nutritive substances and micro-organisms that are added to feed to improve growth performance, feed intake and the efficiency of feed utilization for healthy, economic, and eco-friendly livestock production.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing demand for livestock-based products is expected to drive the market growth.
- Standardization of meat products owing to disease outbreak is anticipated to boost market growth during forecasted period.
- Rising global demand for naturally produced feed and feed additives can positively impact the growth of the market.
- Growing number of feed mills and feed production facilities is excepted to propel the feed additives market growth.
- Rising cost of raw material can hinder the market growth.
Scope of the Report
The report on the Global feed additives Market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Feed Additives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Additive Types (Antibiotics [Tetracyclines, Penicillins, and Others], Vitamins [A, B, C, E, and Others], Antioxidants [BHA, BHT, Ethoxyquin, and Others], Amino Acids [Tryptophan, Lysine, Methionine, Threonine, and others], Enzymes [Carbohydrases, Phytases, and Others], Mycotoxin Detoxifiers[Binders and Bio-transformers], Prebiotics[Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, and Others], Probiotics [Lactobacilli, Bifidobacteria, and Others], Flavors and Sweeteners, Pigments[Carotenoids, Curcumin and Spurulina, and Others], Binders Acidifiers[Natural and Synthetic], and Minerals[Micro minerals and Macro Minerals]), Animal Types (Ruminants, Poultry, Swine, and Others) |
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Regional Scope |
North America, Latin America, Europe, Asia Pacific and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
DSM Nutritional Products AG, Evonik Industries, Novus International, Bluestar Adisseo Co. Ltd, Nutreco NV, BASF SE, Sumitomo Chemical, and Cargill Inc. |
Global Feed Additives Market Segment Insights
Amino acid segment to account a major market share
Based on additives types, the market is divided into antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders acidifiers, and minerals. The antibiotics segment is segmented into tetracyclines, penicillins, and others. The vitamins segment is further segregated into A, B, C, E, and others. The antioxidants segment is divided into BHA, BHT, ethoxyquin, and others. The amino acids segment is sub-segmented into tryptophan, lysine, methionine, threonine, and others.
The enzymes segment is classified as carbohydrases, phytases, and others. The mycotoxin detoxifiers segment is further categorized as binders and bio-transformers. The prebiotics segment is segmented into inulin, fructo oligosaccharides, galacto oligosaccharides, and others. The probiotics segment is further divided into lactobacilli, bifidobacteria, and others. The pigments segment is segmented into carotenoids, curcumin, and spurulina, and others. The binders acidifiers segment is further segregated into natural and synthetic. The minerals segment is classified as micro minerals and macro minerals.
Among all the segments, the amino acids segment is anticipated to account for a major market share during the forecast period. Growing consumer awareness regarding the benefits associated with the use of feed additives to reduce the prevalence of diseases is driving the segment growth. Amino acids are protein building blocks for livestock health. Amino acids enhances the gut health, food intake, reproduction, and metabolic process, among others. Lysine is primarily used in the pork industry, while methionine is used in the poultry industry.
Poultry segment to dominant market
Based on animal types, the global feed additives market is divided into ruminants, poultry, swine, and others. The poultry segment is anticipated to dominate the market share owing to the heavy demand for poultry meat in emerging economies. Growing demand for processed meat and protein diet is due to rising household income levels, which is anticipated to further drive the demand for animal feed.
Asia Pacific to hold a significant market share
In terms of regions, the global feed additives market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to hold a significant market share in the global feed additives market. The market in Asia Pacific is driven by the presence of a large livestock population. Increasing number of feed mills and feed production, particularly in countries such as India, China, and Japan.
Segments
Segments Covered in the ReportThe Market global feed additives has been segmented on the basis of
Additive Types
- Antibiotics
- Tetracyclines
- Penicillins
- Others
- Vitamins
- A
- B
- C
- E
- Others
- Antioxidants
- BHA
- BHT
- Ethoxyquin
- Others
- Amino Acids
- Tryptophan
- Lysine
- Methionine
- Threonine
- Others
- Enzymes
- Carbohydrases
- Phytases
- Others
- Mycotoxin Detoxifiers
- Binders
- Bio-transformers
- Prebiotics
- Inulin
- Fructo Oligosaccharides
- Galacto Oligosaccharides
- Others
- Probiotics
- Lactobacilli
- Bifidobacteria
- Others
- Flavors and Sweeteners
- Pigments
- Carotenoids
- Curcumin
- Spurulina
- Others
- Binders Acidifiers
- Natural
- Synthetic
- Minerals
- Micro Minerals
- Macro Minerals
- Ruminants
- Poultry
- Swine
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- DSM Nutritional Products AG
- Evonik Industries
- Novus International
- Bluestar Adisseo Co. Ltd
- Nutreco NV
- BASF SE
- Sumitomo Chemical
- Cargill Inc.
Competitive Landscape
Key players operating in the global feed additives market includes DSM Nutritional Products AG, Evonik Industries, Novus International, Bluestar Adisseo Co. Ltd, Nutreco NV, BASF SE, Sumitomo Chemical, and Cargill Inc.
Expansions, agreements, partnerships, joint ventures, and new product launches are expected to create lucrative opportunities for industry players during forecast period.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Additives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Feed Additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Feed Additives Market - Supply Chain
4.5. Global Feed Additives Market Forecast
4.5.1. Feed Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Feed Additives Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Feed Additives Market Absolute $ Opportunity
5. Global Feed Additives Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Feed Additives Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Feed Additives Demand Share Forecast, 2019-2026
6. North America Feed Additives Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Feed Additives Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Feed Additives Demand Share Forecast, 2019-2026
7. Latin America Feed Additives Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Feed Additives Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Feed Additives Demand Share Forecast, 2019-2026
8. Europe Feed Additives Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Feed Additives Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Feed Additives Demand Share Forecast, 2019-2026
9. Asia Pacific Feed Additives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Feed Additives Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Feed Additives Demand Share Forecast, 2019-2026
10. Middle East & Africa Feed Additives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Feed Additives Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Feed Additives Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Feed Additives Market: Market Share Analysis
11.2. Feed Additives Distributors and Customers
11.3. Feed Additives Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. DSM Nutritional Products AG Evonik Industries Novus International Bluestar Adisseo Co. Ltd Nutreco NV BASF SE Sumitomo Chemical Cargill Inc.
Methodology
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