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Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals' performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.
According to our (Global Info Research) latest study, the global Animal Feed Additives market size was valued at USD 26060 million in 2022 and is forecast to a readjusted size of USD 29760 million by 2029 with a CAGR of 1.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players of Animal Feeds Additives cover BASF, Adisseo, Slade Inc., ADM, Nutreco, etc.
Regionally, China is the biggest consumption area of Animal Feeds Additives in the world, with about 32 percent of global total share. Europe is the second place in the world and accounts for about 22% of total.
Due to the wide range of Animal Feeds Additives application, such as in Poultry Feeds, Pig Feeds, etc., the market size of Animal Feeds Additives will not shrink.
This report is a detailed and comprehensive analysis for global Animal Feed Additives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Animal Feed Additives market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Animal Feed Additives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Animal Feed Additives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Animal Feed Additives market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Animal Feed Additives
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Animal Feed Additives market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Evonik, DowDuPont, DSM, Adisseo and BASF, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Animal Feed Additives market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Minerals
- Amino Acids
- Vitamins
- Enzymes
Market segment by Application
- Cattle Feeds
- Sheep Feeds
- Swine Feeds
- Others
Major players covered
- Evonik
- DowDuPont
- DSM
- Adisseo
- BASF
- ADM
- Nutreco
- Novusint
- Cargill
- Charoen Pokphand Group
- Sumitomo Chemical
- Kemin Industries
- Biomin
- Alltech
- Addcon
- Bio Agri Mix
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Animal Feed Additives product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Animal Feed Additives, with price, sales, revenue and global market share of Animal Feed Additives from 2018 to 2023.
Chapter 3, the Animal Feed Additives competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Animal Feed Additives breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Animal Feed Additives market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Animal Feed Additives.
Chapter 14 and 15, to describe Animal Feed Additives sales channel, distributors, customers, research findings and conclusion.