Animal Feed Additives Market - Global Outlook & Forecast 2021-2026

Animal Feed Additives Market - Global Outlook & Forecast 2021-2026

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Animal Feed Additives Market Report

The animal feed additives market by revenue is expected to grow at a CAGR of 4.87% during the period 2021–2026.

ANIMAL FEED ADDITIVES MARKET INSIGHTS

The global demand for animal-based protein is expected to grow by more than 50% over the next three decades. The growing awareness to maintain the overall health of domesticated animals and increase their productivity is surging the growth of the animal feed additives market. India, China, and Japan are the significant consumers of animal feed additives in the APAC region and accounted for a combined revenue share of USD 6,229.02 million in 2020. The growth of this market in the APAC region is due to the large livestock population and their growth rate. Companies should invest significantly in R&D activities, which ensure their success in the additives industry for the long term. The stringed food regulations have prompted farmers to feed their livestock with better feeds with natural and herbal additives. The natural products are expected to fuel the demand in the feed additives market during the forecast period.

The following factors are likely to contribute to the growth of the animal feed additives market during the forecast period:

  • Increasing Demand for Animal Protein
  • Probiotic Are Gaining Momentum in the Animal Feed Additives
  • Growing Demand for Antibiotic Alternative
  • Rising Trend of Premium Breeding & Organic Production
The study considers the present scenario of the animal feed additives market and its market dynamics for the period 2021−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market

MARKET SEGMENTS

The global animal feed additives market research report consists of segments by type of species, product type, form. The growing population and increasing demand for nutritious food are gaining momentum in poultry farming across the globe. The use of feed additives in synthetic or natural additives is an essential part of achieving success in poultry farming in terms of poultry health and production. The US is the world's largest producer of poultry and the second-largest exporter of poultry meat. This growth pattern is expected to continue as protein needs increase because of COVID-19 and ASF outbreaks across the globe. In China, sales of poultry additives increased due to an outbreak of African Swine Fever (ASF).

Most of the poultry and pork consumed today are raised using feeds containing amino acids. During the forecast period, amino acids will become even more essential to ensure that animal production systems are environmentally sustainable, and use limited natural resources. The APAC region has enormous potential and scope for amino acids, as many farmers are unaware of the benefits of amino acids.

Liquid feed additives are highly palatable and increase their consumption among animals, which helps reduce feed wastage and labor cost. The US is expected to boost the demand for liquid feed during the forecast period.

Market Segmentation by Type of Species
  • Poultry
  • Swine
  • Cattle
  • Aquatic Animals
  • Other Species
Market Segmentation by Product Type
  • Vitamins
  • Amino Acids
  • Antibiotics
  • Enzymes
  • Minerals
  • Eubiotics
  • Others
Market Segmentation by Form
  • Liquid
  • Dry
INSIGHTS BY GEOGRAPHY

The animal feed additives market in APAC is expected to reach USD 13,117.60 million by 2026. China will be the most extensive feed additives market in the APAC region, followed by India, Australia, Japan, and South Korea. In APAC, the growing organized market for better animal farming techniques and various agrarian economies drives additives demand. Swine additives hold a significant share in China, Japan, South Korea, the Philippines, Thailand, and Vietnam. Eubiotics will be the second-largest revenue contributor to the market in APAC at USD 1,465.70 million by 2026.

Market Segmentation Geography
  • North America
  • US
  • Canada
  • Europe
  • Mexica
  • Brazil
  • APAC
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Latin America
  • Saudi Arabia
  • South Africa
  • UAE
  • Middle East & Africa
  • Russia
  • Germany
  • Spain
  • France
  • UK
INSIGHTS BY VENDORS

The global feed additives market is intensely competitive. An increase in competition and business expansion will lead to vendors increasing their promotional and advertising expenses. Many players are expected to expand their presence worldwide during the forecast period, especially in the fast-developing countries in the APAC region, to gain more market share. Vendors will boost profitability through efficient production techniques that minimize production costs for meat products and mitigate associated risks in the upcoming years. Animal feed additives manufacturers have huge opportunities in APAC because of the increasing demand for premium foods for pets and for meat.

Key Vendors
  • BASF
  • Cargill
  • Evonik Industries
  • ADM
  • Nutreco
Other Prominent Vendors
  • Zoetis
  • Biovet SA
  • DSM
  • Azinomoto
  • Novozymes
  • Kemin industries
  • Alltech
  • Perstorp
  • Cargill India Pvt Ltd
  • Zydus Animal Health
  • Elanco
  • Adisseo
  • Boehringer Ingelheim
  • Hansen
  • AB Vista
  • Land O’ Lakes
KEY QUESTIONS ANSWERED:

1. How big is the Animal Feed Additives market?

2. Which region has the highest demand for Animal Feed Additives?

3. Who are the key players in Animal Feed Additives Market?

4. What are the major trends that are driving the Animal Feed Additives Market?

5. Which is the largest revenue-generating segment in the animal feed additives industry?


1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Animal Feed Additives Classification
7.2.1 By Species: Key Insights
7.2.2 By Form: Key Insights
7.2.3 By Product: Key Insights
7.3 Impact of COVID-19
7.3.1 Supply Chain Disruption
7.3.2 Decline in Production & Consumption of Meat
7.3.3 Cancellation of Industry Events
8 Growth Opportunity by Segment
8.1 Species Type
8.2 Product Type
8.3 Form Type
9 Market Opportunities & Trends
9.1 Increasing Demand for Premium Pet Foods
9.2 Growing Concern for Animal Nutrition & Environmental Impact
9.3 High Demand for Phosphates in Animal Feed
10 Market Growth Enablers
10.1 Increasing Demand for Animal Proteins
10.2 Growing Demand for Antibiotic Alternatives
10.3 Rising Prominence of Probiotics in Animal Feed Additives
10.4 Popular Trend of Premium Breeding & Organic Production
10.5 Increasing Preference for Phytobiotics in Animal Feeds
11 Market Restraints
11.1 Supply Chain Disruptions Caused by Disease Outbreaks
11.2 Increasing Demand for Plant-Based Proteins
12 Market Landscape
12.1 Market Overview
12.2 Geographic Landscape
12.2.1 APAC: Key Insights
12.2.2 North America: Key Insights
12.2.3 Europe: Key Insights
12.2.4 Latin America: Key Insights
12.2.5 Middle East & Africa: Market Size & Forecast
12.3 Market Size & Forecast
12.4 Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Species Type
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Poultry
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market by Geography
13.4 Swine
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market by Geography
13.5 Cattle
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Market by Geography
13.6 Aquatic Animals
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.6.3 Market by Geography
13.7 Others
13.7.1 Market Overview
13.7.2 Market Size & Forecast
13.7.3 Market by Geography
14 Product Type
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Amino Acids
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Market by Geography
14.4 Vitamins
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market by Geography
14.5 Antibiotics
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography
14.6 Eubiotics
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.6.3 Market by Geography
14.7 Minerals
14.7.1 Market Overview
14.7.2 Market Size & Forecast
14.7.3 Market by Geography
14.8 Enzymes
14.8.1 Market Overview
14.8.2 Market Size & Forecast
14.8.3 Market by Geography
14.9 Others
14.9.1 Market Overview
14.9.2 Market Size & Forecast
14.9.3 Market by Geography
15 Form Type
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Liquid Feed Additives
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.3.3 Market by Geography
15.4 Dry Feed Additives
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.4.3 Market by Geography
16 Geography
16.1 Market Snapshot & Growth Engine
16.2 Geographic Overview
17 North America
17.1 Market Overview
17.2 Market Size & Forecast
17.3 By Species
17.3.1 Market Size & Forecast
17.4 By Product
17.4.1 Market Size & Forecast
17.5 By Form
17.5.1 Market Size & Forecast
17.6 Key Countries
17.6.1 US: Market Size & Forecast
17.6.2 Canada: Market Size & Forecast
18 Latin America
18.1 Market Overview
18.1.1 Market Size & Forecast
18.2 By Species
18.2.1 Market Size & Forecast
18.3 By Product
18.3.1 Market Size & Forecast
18.4 By Form
18.4.1 Market Size & Forecast
18.5 KEY COUNTRIES
18.5.1 Brazil: Market Size & Forecast
18.5.2 Mexico: Market Size & Forecast
19 APAC
19.1 Market Overview
19.1.1 Market Size & Forecast
19.2 By Species
19.2.1 Market Size & Forecast
19.3 By Product
19.3.1 Market Size & Forecast
19.4 By Form
19.4.1 Market Size & Forecast
19.5 Key Countries
19.5.1 China: Market Size & Forecast
19.5.2 India: Market Size & Forecast
19.5.3 Japan: Market Size & Forecast
19.5.4 Australia: Market Size & Forecast
19.5.5 South Korea: Market Size & Forecast
20 Middle East & Africa
20.1 Market Overview
20.1.1 Market Size & Forecast
20.2 By Species
20.2.1 Market Size & Forecast
20.3 By Product
20.3.1 Market Size & Forecast
20.4 By Form
20.4.1 Market Size & Forecast
20.5 Key Countries
20.5.1 Saudi Arabia: Market Size & Forecast
20.5.2 South Africa: Market Size & Forecast
20.5.3 UAE: Market Size & Forecast
21 Europe
21.1 Market Overview
21.1.1 Market Size & Forecast
21.2 By Species
21.2.1 Market Size & Forecast
21.3 By Product
21.3.1 Market Size & Forecast
21.4 By Form
21.4.1 Market Size & Forecast
21.5 Key Countries
21.5.1 Russia: Market Size & Forecast
21.5.2 Germany: Market Size & Forecast
21.5.3 France: Market Size & Forecast
21.5.4 Spain: Market Size & Forecast
21.5.5 UK: Market Size & Forecast
22 Competitive Landscape
22.1 Competition Overview
23 Key Company Profiles
23.1 BASF SE
23.1.1 Business Overview
23.1.2 Product Offerings
23.1.3 Key Strategies
23.1.4 Key Strengths
23.1.5 Key Opportunities
23.2 Cargill
23.2.1 Business Overview
23.2.2 Product Offerings
23.2.3 Key Strategies
23.2.4 Key Strengths
23.2.5 Key Opportunities
23.3 Evonik
23.3.1 Business Overview
23.3.2 Product Offerings
23.3.3 Key Strategies
23.3.4 Key Strengths
23.3.5 Key Opportunities
23.4 ADM
23.4.1 Business Overview
23.4.2 Product Offerings
23.4.3 Key Strategies
23.4.4 Key Strengths
23.4.5 Key Opportunities
23.5 Nutreco
23.5.1 Business Overview
23.5.2 Product Offerings
23.5.3 Key Strategies
23.5.4 Key Strengths
23.5.5 Key Opportunities
24 Other Prominent Vendors
24.1 Zoetis
24.1.1 Business Overview
24.1.2 Product Offerings
24.2 Biovet
24.2.1 Business Overview
24.2.2 Product Offerings
24.3 DSM
24.3.1 Business Overview
24.3.2 Product Offerings
24.4 Azinomoto CO, INC.
24.4.1 Business Overview
24.4.2 Product Offerings
24.5 Novozymes
24.5.1 Business Overview
24.5.2 Product Offerings
24.6 Kemin Industries
24.6.1 Business Overview
24.6.2 Product Offerings
24.7 Alltech
24.7.1 Business Overview
24.7.2 Key Product Offerings
24.8 Perstorp
24.8.1 Business Overview
24.8.2 Product Offerings
24.9 ZYDUS AHL
24.9.1 Business Overview
24.9.2 Product Offerings
24.10 ELANCO
24.10.1 Business Overview
24.10.2 Product Offerings
24.11 ADISSEO
24.11.1 Business Overview
24.11.2 Product Offerings
24.12 BOEHRINGER INGELHEIM INTERNATIONAL GMBH
24.12.1 Business Overview
24.12.2 Product Offerings
24.13 CHR. HANSEN HOLDING A/S
24.13.1 Business Overview
24.13.2 Product Offerings
24.14 AB VISTA
24.14.1 Business Offerings
24.14.2 Product Offerings
24.13 LAND O’LAKES
24.13.1 Business Overview
24.13.2 Product Offerings
25 Report Summary
25.1 Key Takeaways
25.2 Strategic Recommendations
26 Quantitative Summary
26.1 Species Type
26.1.1 Poultry
26.1.2 Aquatic Animals
26.1.3 Cattles
26.1.4 Swine
26.1.5 Other Species
26.2 Product Type
26.2.1 Vitamins
26.2.2 Amino Acids
26.2.3 Antibiotics
26.2.4 Minerals
26.2.5 Eubiotics
26.2.6 Enzymes
26.2.7 Others
26.3 Form Type
26.3.1 Dry Feed Additives
26.3.2 Liquid Feed Additives
27 Geography
27.1 North America
27.1.1 Species Type
27.1.2 Product Type
27.1.3 Form Type
27.2 APAC
27.2.1 Species Type
27.2.2 Product Type
27.2.3 Form Type
27.3 Europe
27.3.1 Species Type
27.3.2 Product Type
27.3.3 Form Type
27.4 Latin America
27.4.1 Species Type
27.4.2 Product Type
27.4.3 Form Type
27.5 Middle East & Africa
27.5.1 Species Type
27.5.2 Product Type
27.5.3 Form Type
28 Appendix
28.1 Abbreviations

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