Spain Feed Additives Market
Segments - by Additive Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors and Sweeteners, Pigments, Binders Acidifiers, and Minerals) and Animal Type (Ruminants, Poultry, Swine, and Other Animal Type -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Spain feed additives market size is estimated to register a substantial CAGR of above 5.3% during the forecast period, 2021–2028. The growth of the market is attributed to growing meat consumption along with recent outbreak of diseases has generated the need for additives in aqua, poultry, and other animal-based products.
Feed additive refers to the products that enhance animal nutrition and are added to animal feed, to provide complete nutrition to farm animals. The end consumers of feed additives are feed mills that manufacture compound feed. The market scope excludes supplements directly purchased by farmers to add to the nutritional qualities of home-grown feed.
The Covid-19 pandemic had an adverse impact on the Spain feed additives market. The production and supply in the market has been on halt owing to lockdown; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
Market Trends, Drivers, Restraints, and Opportunities
- Rising meat consumption is expected to drive the feed additives market during the forecast period
- Significant rise in cattle farming is likely to spur the demand for animal feed additives over the forecast period.
- Increasing consciousness about the benefits of additives and the recent outbreak of various diseases is estimated to propel the market in coming years
- Various applications of feed additives such as improvement in digestion and reproduction as well as the health of the animals are the key factor fueling the market growth.
- regulations restricting the use of antibiotics in animal feed are projected to impede the market
- R&D investment and technological advancement in Spain feed additives market is expected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the Spain 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 |
Spain Feed Additives Market –Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Additive Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors and Sweeteners, Pigments, Binders Acidifiers, and Minerals) and Animal Type (Ruminants, Poultry, Swine, and Others) |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
BASF SE, Cargill Incorporated, Adisseo, Alltech, and Nanta SA |
Market Segment insights
The amino acids segment is projected to constitute a large market share
Based on additive type, the feed additives market is segregated into antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders acidifiers, and minerals. The amino acids segment is expected to account for a key share of the market during the forecast period owing to growing consumer awareness regarding the benefits associated with the use of feed additives to reduce the prevalence of diseases. It is considered as protein building blocks for livestock health and is responsible for food intake, enhancing gut health, reproduction, and metabolic process.
The poultry segment is expected to register a substantial CAGR
Based on animal type, the feed additives market is divided into ruminants, poultry, swine, and others. The poultry segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to increasing demand of poultry meat supplemented by the consumption of processed poultry. The rising demand for processed meat and protein diet, owing the rise in household income levels, is anticipated to continue driving the demand for animal feed.
Segments
Segments Covered in the ReportThe Spain feed additives market has been segmented on the basis of:
Additive Type
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Enzymes
- Mycotoxin Detoxifiers
- Prebiotics
- Probiotics
- Flavors and Sweeteners
- Pigments
- Binders Acidifiers
- Minerals
Animal Type
- Ruminants
- Poultry
- Swine
- Others
Key Companies
- BASF SE
- Cargill Incorporated
- Adisseo
- Alltech
- Nanta SA
Competitive Landscape
Key players competing in the Spain feed additives market includes BASF SE, Cargill Incorporated, Adisseo, Alltech, and Nanta SA.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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 Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Feed Additives Market Size and Volume Forecast by Types
5.3.1. Antibiotics
5.3.2. Vitamins
5.3.3. Antioxidants
5.3.4. Amino Acids
5.3.5. Enzymes
5.3.6. Mycot
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Feed Additives Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Feed Additives Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Feed Additives Demand Share Forecast, 2019-2026
7. North 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
7.2. North America Feed Additives Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Feed Additives Market Size and Volume Forecast by Types
7.4.1. Antibiotics
7.4.2. Vitamins
7.4.3. Antioxidants
7.4.4. Amino Acids
7.4.5. Enzymes
7.4.6. Mycot
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Feed Additives Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
8.2. Latin America Feed Additives Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Feed Additives Market Size and Volume Forecast by Types
8.4.1. Antibiotics
8.4.2. Vitamins
8.4.3. Antioxidants
8.4.4. Amino Acids
8.4.5. Enzymes
8.4.6. Mycot
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Feed Additives Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
9.2. Europe Feed Additives Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Feed Additives Market Size and Volume Forecast by Types
9.4.1. Antibiotics
9.4.2. Vitamins
9.4.3. Antioxidants
9.4.4. Amino Acids
9.4.5. Enzymes
9.4.6. Mycot
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Feed Additives Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Feed Additives Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Feed Additives Market Size and Volume Forecast by Types
10.4.1. Antibiotics
10.4.2. Vitamins
10.4.3. Antioxidants
10.4.4. Amino Acids
10.4.5. Enzymes
10.4.6. Mycot
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Feed Additives Demand Share Forecast, 2019-2026
11. Middle East & Africa Feed Additives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Feed Additives Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Feed Additives Market Size and Volume Forecast by Types
11.4.1. Antibiotics
11.4.2. Vitamins
11.4.3. Antioxidants
11.4.4. Amino Acids
11.4.5. Enzymes
11.4.6. Mycot
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Feed Additives Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Feed Additives Market: Market Share Analysis
12.2. Feed Additives Distributors and Customers
12.3. Feed Additives Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. BASF SE
12.4.2. Cargill Incorporated
12.4.3. Adisseo
12.4.4. Alltech
12.4.5. Nanta SA
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 Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Feed Additives Market Size and Volume Forecast by Types
5.3.1. Antibiotics
5.3.2. Vitamins
5.3.3. Antioxidants
5.3.4. Amino Acids
5.3.5. Enzymes
5.3.6. Mycot
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Feed Additives Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Feed Additives Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Feed Additives Demand Share Forecast, 2019-2026
7. North 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
7.2. North America Feed Additives Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Feed Additives Market Size and Volume Forecast by Types
7.4.1. Antibiotics
7.4.2. Vitamins
7.4.3. Antioxidants
7.4.4. Amino Acids
7.4.5. Enzymes
7.4.6. Mycot
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Feed Additives Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
8.2. Latin America Feed Additives Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Feed Additives Market Size and Volume Forecast by Types
8.4.1. Antibiotics
8.4.2. Vitamins
8.4.3. Antioxidants
8.4.4. Amino Acids
8.4.5. Enzymes
8.4.6. Mycot
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Feed Additives Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
9.2. Europe Feed Additives Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Feed Additives Market Size and Volume Forecast by Types
9.4.1. Antibiotics
9.4.2. Vitamins
9.4.3. Antioxidants
9.4.4. Amino Acids
9.4.5. Enzymes
9.4.6. Mycot
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Feed Additives Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Feed Additives Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Feed Additives Market Size and Volume Forecast by Types
10.4.1. Antibiotics
10.4.2. Vitamins
10.4.3. Antioxidants
10.4.4. Amino Acids
10.4.5. Enzymes
10.4.6. Mycot
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Feed Additives Demand Share Forecast, 2019-2026
11. Middle East & Africa Feed Additives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Feed Additives Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Feed Additives Market Size and Volume Forecast by Types
11.4.1. Antibiotics
11.4.2. Vitamins
11.4.3. Antioxidants
11.4.4. Amino Acids
11.4.5. Enzymes
11.4.6. Mycot
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Feed Additives Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Feed Additives Market: Market Share Analysis
12.2. Feed Additives Distributors and Customers
12.3. Feed Additives Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. BASF SE
12.4.2. Cargill Incorporated
12.4.3. Adisseo
12.4.4. Alltech
12.4.5. Nanta SA
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