Italy Feed Additives Market

Italy Feed Additives Market by Additive Types (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors & Sweeteners, Pigments, Binders, and Minerals), Animal Types (Ruminant, Poultry, Swine, and Others), and Country (Italy) – Industry Analysis, Growth, Share, Size, Trends, Covid-19 Impacts, and Forecast 2021 – 2028

  • Report ID: FB-4401
  • Author: Growth Market Reports
  • Rating: 4.9
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  • No. Of Pages: 188
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The Italy feed additives market size is projected to expand at a substantial CAGR of 4.3% during the forecast period, 2021–2028. The growth of the market is attributed to increasing use of feed additives for animal health and nutrition.


Italy Feed Additives Market Key Takeaways

The usage of feed additives has increased over time as the market has become more industrialized. Because of the price instability of natural feed supplies during the last decade, the animal feed industry has increased its use of various feed additives. Feed additives, which operate as a supplement, nutrient enhancer, feed conditioner, and other vital factors for maximum animal growth, have become necessary as the livestock, feed, and processed meat industries have become more industrialized.

The Covid-19 pandemic affected the demand and supply of Italy feed additives market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Concerns over food safety in the country, particularly with regard to meat and dairy products, have driven a surge in demand for feed additives, which is estimated to fuel the market.
  • Rising demand of processed goods from emerging economies, and increased penetration of organized retail, is projected to drive the market.
  • Rising mass production of livestock and increased demand for high-quality meat, is anticipated to propel the market.
  • Rising raw material prices, are projected to hamper the market.

Scope of the Report

The report on the Italy feed additives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Feed Additives Market - Italy Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Additive Types (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors & Sweeteners, Pigments, Binders, and Minerals), Animal Types (Ruminant, Poultry, Swine, and Others)

Country Scope

Italy

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cargill Incorporated.; BASE SE.; Alltech Inc.; Centafarm SRL.; and Elanco Italia Spa

Market Segment Insights

The vitamin segment is expected to grow at a rapid pace

Based on additive types, the Italy feed additives market is segregated into antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, flavors & sweeteners, pigments, binders, and minerals. The vitamin segment is expected to grow at a rapid pace during the forecast period due to high consumption of meat & yolk, it contains many essential ingredients which are important for health.


Italy Feed Additives Market By Additive Types

The poultry segment is expected to grow at a rapid pace

Based on animal types, the Italy feed additives market is segregated into ruminant, poultry, swine, and others. The poultry segment is expected to grow at a rapid pace during the forecast period due to increased demand for chicken feed additives has resulted growing concerns about animal health.

Italy is anticipated to constitute a key market share

Italy's feed output in 2019 is expected to reach over 14 million tons, with roughly 420 factories around the nation producing a variety of species (poultry, cattle, pigs, rabbits, sheep, horses, horses, fish, pets, etc.). Due to factors such as rising processed goods from emerging economies, and increased penetration of organized retail, meat and dairy products the market is estimated to propel at a rapid pace.

Segments

The Italy feed additives market has been segmented on the basis of

Additive Types
  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acids
  • Enzymes
  • Mycotoxin Detoxifiers
  • Prebiotics
  • Probiotics
  • Flavors & Sweeteners
  • Pigments
  • Binders
  • Minerals
Animal Types
  • Ruminant
  • Poultry
  • Swine
  • Others
Country
  • Italy
Key Players

Competitive Landscape

Key players competing in the Italy feed additives market include Cargill Incorporated.; BASE SE.; Alltech Inc.; Centafarm SRL.; Elanco Italia Spa. Some of these players are adopting various strategies, such as partnerships, acquisitions, and product launches, to gain a larger share in the market. The feed additives market is fairly consolidated, with the top players controlling majority of market share.

Italy Feed Additives Market By Key Players

1. Executive Summary
2. 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. Cargill Incorporated BASE SE. Alltech Inc. Centafarm SRL. Elanco Italia Spa
The Italy feed additives market has been segmented on the basis of

Additive Types
  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acids
  • Enzymes
  • Mycotoxin Detoxifiers
  • Prebiotics
  • Probiotics
  • Flavors & Sweeteners
  • Pigments
  • Binders
  • Minerals
Animal Types
  • Ruminant
  • Poultry
  • Swine
  • Others
Country
  • Italy
Key Players

Key players competing in the Italy feed additives market include Cargill Incorporated.; BASE SE.; Alltech Inc.; Centafarm SRL.; Elanco Italia Spa. Some of these players are adopting various strategies, such as partnerships, acquisitions, and product launches, to gain a larger share in the market. The feed additives market is fairly consolidated, with the top players controlling majority of market share.

Italy Feed Additives Market By Key Players

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