Market Research

Animal Feed Additives Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Additive Type (Amino Acids, Antioxidants, Feed Enzymes, Feed Acidifiers, Vitamins, Minerals, Binders, Antibiotics, Others (Sweetene

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from $4,850 400 Pages BlueWeave Consulting December, 2023 BLWC18529140
Best Price Guarantee
Price from $4,850
Length 400 Pages
Publisher BlueWeave Consulting
Published Date December, 2023
SKU BLWC18529140

Vietnam Peer-to-Peer (P2P) Lending Market, By Business Model (Traditional Lending, Alternate, Marketplace Lending); By Loan Type (Consumer Credit Loans, Small Business Loans, Student Loans, Real Estate Loans); By End User (Business, Personal), Trend Analysis, Competitive Landscape & Forecast, 2019–2029


Global Animal Feed Additives Market Size Set to Grow at Steady CAGR of 5.77% Touching USD 53.63 Billion by 2029

Global animal feed additives market is gaining traction because of an increasing demand for meat and meat-based products and consumers’ focus on avoiding the diseases caused by eating meat products.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global animal feed additives market size at USD 38.31 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global animal feed additives market size to grow at a CAGR of 5.77% reaching a value of USD 53.63 billion by 2029. Growing meat consumption and expansion of the livestock industry are two key drivers of the global animal feed additives market. The increasing incidence of zoonotic illnesses has also resulted in farmers focusing on enhancing the well-being and productivity of their livestock.

Animal Feed Additives – Overview

Feed additives play a significant role in animal nutrition by enhancing feed quality, animal health, and the yield and quality of food derived from animals. Their primary function is to boost feed efficiency, but they may also accelerate ruminant growth rates on a high-roughage diet. By enhancing the digestibility of feed ingredients and serving as an addition for farm animals whose usual diets lack appropriate nutrients, it also enhances the health and performance of the animals. In animal rations, some of the most often utilized feed additives include colors, pro- and prebiotics, antioxidants, and antibiotic growth promoters.

Global Animal Feed Additives Market – By Form

Based on form, the global animal feed additives market is segmented into dry, liquid, and others. Dry animal feed additives hold the largest share in the market owing to their longer shelf life and higher stability. A longer shelf life allows livestock producers to mass store these products and save costs. This form of additive is easy to transport and store, which offers convenience to the manufacturers and transporters as well as minimizing wastage, which contributes to its market growth.

Impact of COVID-19 on Global Animal Feed Additives Market

The COVID-19 pandemic presented lucrative growth opportunities for the global animal feed additives market. The surge in the prevalence of animal-related diseases and rising consumer consciousness toward zoonotic diseases lead to stringent regulations in the animal husbandry industry. This resulted in higher investments in animal proteins and overall nutrition by the livestock producers, which resulted in a significant growth in the demand for animal feed additives in the market. However, the market may be hampered in the long run by a decline in meat consumption due to consumer shifts towards plant-based meat as well as ethical and environmental reasons.

Competitive Landscape

Major players operating in the global animal feed additives market include Cargill Inc., Kemin Industries, Inc., ANOVA Group, BIOMIN Holding GmbH, Olmix Group, ADM, Evonik Industries, Chr. Hansen Holding, Alltech, Inc., Koninklijke DSM N.V., Ajinomoto Co., Inc., BASF SE, Phibro Animal Health Corporation, Addcon Group GmbH, and SHV Holdings N.V.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Animal Feed Additives Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Animal Feed Additives Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Global Animal Feed Additives Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Increasing Demand for Meat and Meat-Based Products
3.2.1.2. Rising Consumer Awareness about the Disease Caused by Livestock Animals
3.2.2. Restraints
3.2.2.1. Increase in Prices of Raw Materials such as Maize, Wheat, Barley, and Others
3.2.2.2. Growing Demand for Plant-Based Proteins
3.2.3. Opportunities
3.2.3.1. Rising Consumption of Poultry Meat
3.2.3.2. Rising Prominence of Probiotics in Animal Feed Additives
3.2.4. Challenges
3.2.4.1. Stringent Regulatory Guidelines for Feed Additives
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Global Animal Feed Additives Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Billion)
4.2. Market Share and Forecast
4.2.1. By Additive Type
4.2.1.1. Amino Acids
4.2.1.2. Antioxidants
4.2.1.3. Feed Enzymes
4.2.1.4. Feed Acidifiers
4.2.1.5. Vitamins
4.2.1.6. Minerals
4.2.1.7. Binders
4.2.1.8. Antibiotics
4.2.1.9. Others (Sweeteners And Flavors)
4.2.2. By Livestock
4.2.2.1. Swine
4.2.2.2. Ruminants
4.2.2.3. Poultry
4.2.2.4. Aquatic Animals
4.2.2.5. Others
4.2.3. By Form
4.2.3.1. Dry
4.2.3.2. Liquid
4.2.3.3. Others
4.2.4. By Function
4.2.4.1. Single Function
4.2.4.2. Multi-function
4.2.5. By Region
4.2.5.1. North America
4.2.5.2. Europe
4.2.5.3. Asia Pacific (APAC)
4.2.5.4. Latin America (LATAM)
4.2.5.5. Middle East and Africa (MEA)
5. North America Animal Feed Additives Market
5.1. Market Size & Forecast, 2019–2029
5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
5.2.1. By Additive Type
5.2.2. By Livestock
5.2.3. By Form
5.2.4. By Function
5.2.5. By Country
5.2.5.1. United States
5.2.5.1.1. By Additive Type
5.2.5.1.2. By Livestock
5.2.5.1.3. By Form
5.2.5.1.4. By Function
5.2.5.2. Canada
5.2.5.2.1. By Additive Type
5.2.5.2.2. By Livestock
5.2.5.2.3. By Form
5.2.5.2.4. By Function
6. Europe Animal Feed Additives Market
6.1. Market Size & Forecast, 2019–2029
6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
6.2.1. By Additive Type
6.2.2. By Livestock
6.2.3. By Form
6.2.4. By Function
6.2.5. By Country
6.2.5.1. Germany
6.2.5.1.1. By Additive Type
6.2.5.1.2. By Livestock
6.2.5.1.3. By Form
6.2.5.1.4. By Function
6.2.5.2. United Kingdom
6.2.5.2.1. By Additive Type
6.2.5.2.2. By Livestock
6.2.5.2.3. By Form
6.2.5.2.4. By Function
6.2.5.3. Italy
6.2.5.3.1. By Additive Type
6.2.5.3.2. By Livestock
6.2.5.3.3. By Form
6.2.5.3.4. By Function
6.2.5.4. France
6.2.5.4.1. By Additive Type
6.2.5.4.2. By Livestock
6.2.5.4.3. By Form
6.2.5.4.4. By Function
6.2.5.5. Spain
6.2.5.5.1. By Additive Type
6.2.5.5.2. By Livestock
6.2.5.5.3. By Form
6.2.5.5.4. By Function
6.2.5.6. Belgium
6.2.5.6.1. By Additive Type
6.2.5.6.2. By Livestock
6.2.5.6.3. By Form
6.2.5.6.4. By Function
6.2.5.7. Russia
6.2.5.7.1. By Additive Type
6.2.5.7.2. By Livestock
6.2.5.7.3. By Form
6.2.5.7.4. By Function
6.2.5.8. The Netherlands
6.2.5.8.1. By Additive Type
6.2.5.8.2. By Livestock
6.2.5.8.3. By Form
6.2.5.8.4. By Function
6.2.5.9. Rest of Europe
6.2.5.9.1. By Additive Type
6.2.5.9.2. By Livestock
6.2.5.9.3. By Form
6.2.5.9.4. By Function
7. Asia-Pacific Animal Feed Additives Market
7.1. Market Size & Forecast, 2019–2029
7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
7.2.1. By Additive Type
7.2.2. By Livestock
7.2.3. By Form
7.2.4. By Function
7.2.5. By Country
7.2.5.1. China
7.2.5.1.1. By Additive Type
7.2.5.1.2. By Livestock
7.2.5.1.3. By Form
7.2.5.1.4. By Function
7.2.5.2. India
7.2.5.2.1. By Additive Type
7.2.5.2.2. By Livestock
7.2.5.2.3. By Form
7.2.5.2.4. By Function
7.2.5.3. Japan
7.2.5.3.1. By Additive Type
7.2.5.3.2. By Livestock
7.2.5.3.3. By Form
7.2.5.3.4. By Function
7.2.5.4. South Korea
7.2.5.4.1. By Additive Type
7.2.5.4.2. By Livestock
7.2.5.4.3. By Form
7.2.5.4.4. By Function
7.2.5.5. Australia & New Zealand
7.2.5.5.1. By Additive Type
7.2.5.5.2. By Livestock
7.2.5.5.3. By Form
7.2.5.5.4. By Function
7.2.5.6. Indonesia
7.2.5.6.1. By Additive Type
7.2.5.6.2. By Livestock
7.2.5.6.3. By Form
7.2.5.6.4. By Function
7.2.5.7. Malaysia
7.2.5.7.1. By Additive Type
7.2.5.7.2. By Livestock
7.2.5.7.3. By Form
7.2.5.7.4. By Function
7.2.5.8. Singapore
7.2.5.8.1. By Additive Type
7.2.5.8.2. By Livestock
7.2.5.8.3. By Form
7.2.5.8.4. By Function
7.2.5.9. Vietnam
7.2.5.9.1. By Additive Type
7.2.5.9.2. By Livestock
7.2.5.9.3. By Form
7.2.5.9.4. By Function
7.2.5.10. Rest of APAC
7.2.5.10.1. By Additive Type
7.2.5.10.2. By Livestock
7.2.5.10.3. By Form
7.2.5.10.4. By Function
8. Latin America Animal Feed Additives Market
8.1. Market Size & Forecast, 2019–2029
8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
8.2.1. By Additive Type
8.2.2. By Livestock
8.2.3. By Form
8.2.4. By Function
8.2.5. By Country
8.2.5.1. Brazil
8.2.5.1.1. By Additive Type
8.2.5.1.2. By Livestock
8.2.5.1.3. By Form
8.2.5.1.4. By Function
8.2.5.2. Mexico
8.2.5.2.1. By Additive Type
8.2.5.2.2. By Livestock
8.2.5.2.3. By Form
8.2.5.2.4. By Function
8.2.5.3. Argentina
8.2.5.3.1. By Additive Type
8.2.5.3.2. By Livestock
8.2.5.3.3. By Form
8.2.5.3.4. By Function
8.2.5.4. Peru
8.2.5.4.1. By Additive Type
8.2.5.4.2. By Livestock
8.2.5.4.3. By Form
8.2.5.4.4. By Function
8.2.5.5. Rest of LATAM
8.2.5.5.1. By Additive Type
8.2.5.5.2. By Livestock
8.2.5.5.3. By Form
8.2.5.5.4. By Function
9. Middle East & Africa Animal Feed Additives Market
9.1. Market Size & Forecast, 2019–2029
9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
9.2.1. By Additive Type
9.2.2. By Livestock
9.2.3. By Form
9.2.4. By Function
9.2.5. By Country
9.2.5.1. Saudi Arabia
9.2.5.1.1. By Additive Type
9.2.5.1.2. By Livestock
9.2.5.1.3. By Form
9.2.5.1.4. By Function
9.2.5.2. UAE
9.2.5.2.1. By Additive Type
9.2.5.2.2. By Livestock
9.2.5.2.3. By Form
9.2.5.2.4. By Function
9.2.5.3. Qatar
9.2.5.3.1. By Additive Type
9.2.5.3.2. By Livestock
9.2.5.3.3. By Form
9.2.5.3.4. By Function
9.2.5.4. Kuwait
9.2.5.4.1. By Additive Type
9.2.5.4.2. By Livestock
9.2.5.4.3. By Form
9.2.5.4.4. By Function
9.2.5.5. South Africa
9.2.5.5.1. By Additive Type
9.2.5.5.2. By Livestock
9.2.5.5.3. By Form
9.2.5.5.4. By Function
9.2.5.6. Nigeria
9.2.5.6.1. By Additive Type
9.2.5.6.2. By Livestock
9.2.5.6.3. By Form
9.2.5.6.4. By Function
9.2.5.7. Algeria
9.2.5.7.1. By Additive Type
9.2.5.7.2. By Livestock
9.2.5.7.3. By Form
9.2.5.7.4. By Function
9.2.5.8. Rest of MEA
9.2.5.8.1. By Additive Type
9.2.5.8.2. By Livestock
9.2.5.8.3. By Form
9.2.5.8.4. By Function
10. Competitive Landscape
10.1. List of Key Players and Their Offerings
10.2. Global Animal Feed Additives Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Covid-19 on Global Animal Feed Additives Market
12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
12.1. Cargill Inc.
12.2. Kemin Industries, Inc.
12.3. ANOVA Group
12.4. BIOMIN Holding GmbH
12.5. Olmix Group
12.6. ADM
12.7. Evonik Industries
12.8. Chr. Hansen Holding
12.9. Alltech, Inc.
12.10. Koninklijke DSM N.V.
12.11. Ajinomoto Co., Inc.
12.12. BASF SE
12.13. Phibro Animal Health Corporation
12.14. Addcon Group GmbH
12.15. SHV Holdings N.V.
12.16. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
14.1. Qualitative Research
14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
14.3.1. Secondary Research
14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations

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