Animal Feed Additives Market, By Product Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers), Livestock (Pork/Swine, Poultry, Cattle, Aquaculture), and Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Animal Feed Additives Market, By Product Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers), Livestock (Pork/Swine, Poultry, Cattle, Aquaculture), and Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Feed additives are supplements that are added in feed of livestock to improve the nutritional level of the farm animals. Feed additives contains amino acids, fatty acids, minerals, and vitamins which helps in the growth of the animals at a healthy rate. The nutritional level of the animal feed depends on its nutritional content and also depends upon other factors such as hygiene, digestibility, feed presentation, and effect on colonic health. Farms animals’ diet consist of maize, soybean, and wheat along with high quality feed, which should contain carbohydrates, fats and proteins in particular. Increasing consumer knowledge on animal feed and prevention against diseases caused by meat consumption such as bird flu, etc. and growing meat industry in Asia Pacific and Europe is the key factor of the growth of the global animal feed additive market during 2017 - 2028. The animal feed additive market is expected to expand at a CAGR of 4.43% during the forecast period.
Increasing demand for feed enzymes and feed grade vitamins, growing demand for low volume with higher value specialty animal feed products drive the demand for organic trace minerals which is expected to propel the demand for animal feed additives market during the forecast period. Other factors such as declining cost of production and growing importance for swine and poultry drives the feed amino acids, and increasing consumption and production of pork benefits the demand for global animal feed additive market.
Market Dynamics
Asia Pacific is expected to show a significant growth in 2021 and the trend is expected to remain the same during 2019-2027. The increasing demand for feed additives due to rise in demand for white meat, farmers awareness and increase in livestock industrialization over last decade, is the major driving force to position Asia Pacific as one of the largest region in the global animal feed additive market. Increase in urban population coupled with healthcare awareness is gaining traction for high quality protein from meat and increasing consumption of aquatic and meat products are some of the factors which is expected to created opportunities for major market players and drive the animal feed additive market during the forecast period. Western Europe market is also expected to experience significant growth and is projected to exhibit a CAGR of 2.6%, during the forecast period.
Market Taxonomy
This report segments the global animal feed additive market on the basis of product types and livestock. On the basis of product types, the animal feed additive market is segmented as antibiotics, vitamins, antioxidants, amino acids, enzymes, acidifiers, and others. On the basis of livestock, the global animal feed additive market is segmented into pork/swine, poultry, cattle, aquaculture, and others. Moreover, amino acid is the largest product segment, accounting for over 22.7% share of the global animal feed additive market in 2021, while, antioxidants is projected to be the fastest growing product segment during the forecast period.
Key features of the study:
This report provides in-depth analysis of the global animal feed additive market and provides market size (US$ Million & Tons) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2022 - 2028), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
The report takes into account the various types of feed additives involved in manufacturing different product types, analyzing the market value and growth (%) during the forecast period
It includes insights on the largest technology used to manufacture different types of animal feed additive across the globe
It profiles leading players in the global animal feed additive market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
Key companies covered as a part of this study include BASF SE, Koninklijke DSM N.V., Danisco Animal Nutrition, Evonik Industries AG, Addcon Group, Cargill Inc., ADM Animal Nutrition, Adisseo France, Kemin Industries, Nutreco N.V. and Novozymes A/S
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, technology upgrade, market expansion, and marketing tactics
The global animal feed additive market report caters to various stakeholders in this industry, including investors, raw material manufacturer, product manufacturer, end-users, distributors, new entrants, and financial analysts
Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the animal feed additive market
Detailed Segmentation:
Global Animal Feed Additives Market, By Product Type:
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
Global Animal Feed Additives Market, By Livestock:
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Global Animal Feed Additives Market, By Geography:
North America
US
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Canada
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Europe
UK
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Germany
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Italy
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
France
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Russia
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Spain
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Rest of Europe
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Asia Pacific
China
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
India
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Japan
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
ASEAN
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Australia
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
South Korea
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Rest of Asia Pacific
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Latin America
Brazil
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Mexico
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Argentina
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Rest of Latin America
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Middle East
GCC
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Israel
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Rest of Middle East
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Africa
North Africa
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Central Africa
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
South Africa
By Product Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Acidifiers
Others
By Livestock
Pork/Swine
Poultry
Cattle
Aquaculture
Others
Company Profiles
BASF SE
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Koninklijke DSM N.V.
Danisco Animal Nutrition
Evonik Industries AG
Addcon Group
Cargill Inc.
ADM Animal Nutrition
Adisseo France
Kemin Industries
Nutreco N.V.
Novozymes A/S