The market for feed additives is expected to grow rapidly, with a predicted worth of $57,454.2 million by 2031 and a consistent CAGR of 5.4% from 2021 to 2031. The market is expanding primarily due to factors such as the expanding population, the rising need for wholesome food, the need to maintain the general well-being of domesticated animals and increase their productivity, and the rising popularity of organic animal farming methods.
The need for wholesome food products is increasing since the world’s population is growing quickly. The nutritional value of animal feed is greatly improved by feed additives, which leads to the development of better meat, dairy, and poultry products. Demand for feed additives that support animal health and improve the nutritional profile of goods obtained from animals has increased as consumers look for food options with superior nutritional value.
Get Full PDF Sample Copy of Report: https://marketdatalibrary.com/download-sample/4002
The market for feed additives has expanded as a result of the requirement to preserve the general health and wellbeing of farmed animals and boost their output. Providing necessary nutrients, enhancing digestion, and bolstering immunity, feed additives are crucial parts of animal nutrition. To optimise the development, performance, and health of livestock and poultry, farmers and animal producers are using feed additives, which eventually increases their productivity and profitability.
Additionally, the industry has expanded as a result of rising consumer demand for organic animal products and increased understanding of organic animal farming techniques. The use of natural and organic feed additives, free of synthetic chemicals and genetically modified components, is emphasised in organic agricultural practises. The need for feed additives made from natural sources has significantly increased as people seek organic and sustainably produced food.
The desire for wholesome food, the emphasis on animal health and productivity, and the rising popularity of organic animal farming methods are all projected to contribute to the considerable expansion of the worldwide feed additives market. Businesses working in this industry can take advantage of the expanding need for feed additives to achieve significant growth and contribute to sustainable food production, with a projected valuation of $57,000 million by 2031.
Highlighted with 98 tables and 102 figures, this 208-page report “Global Feed Additives Market 2021-2031 by Additive Type, Source (Natural, Synthetic), Form (Liquid, Dry), Animal Type (Ruminants, Swine, Poultry, Aquaculture, Others), End User (Farms, Households, Veterinarians, Zoos, Animal Shelters), Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Online Sales, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global feed additives market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and the Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global feed additives market in every aspect of the classification from perspectives of Additive Type, Source, Form, Animal Type, End User, Distribution Channel, and Region.
View Complete TOC and Figures & Graphs of Feed Additives Industry Report https://marketdatalibrary.com/free-customization/4002
Based on Additive Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Antibiotics
o Tetracyclines
o Penicillins
o Other Antibiotics
- Vitamins
o Vitamin A
o Vitamin B
o Vitamin C
o Vitamin E
o Other Vitamins
- Antioxidants
o BHA
o BHT
o Ethoxyquin
o Other Antioxidants
- Amino Acids
o Tryptophan
o Lysine
o Methionine
o Threonine
o Other Amino Acids
- Enzymes
o Carbohydrases
o Phytases
o Protease
o Other Enzymes
- Mycotoxin Detoxifiers
o Binders
o Biotransformers
- Prebiotics
o Inulin
o Fructo Oligosaccharides
o Galacto Oligosaccharides
o Other Prebiotics
- Probiotics
o Lactobacilli
o Bifidobacteria
o Other Probiotics
- Flavors and Sweeteners
o Flavors
o Sweeteners
- Pigments
o Carotenoids
o Curcumin and Spirulina
o Other Pigments
- Minerals
o Microminerals
o Macrominerals
- Acidifiers
o Lactic Acid
o Propionic Acid
o Fumaric Acid
o Formic Acid
o Other Acidifiers
- Phosphates
o Monocalcium Phosphate
o Dicalcium Phosphate
o Mono-Dicalcium Phosphate
o Defluorinated Phosphate
o Tricalcium Phosphate
o Other Phosphates
- Carotenoids
o Astaxanthin
o Canthaxanthin
o Lutein
o Beta-Carotene
- Non-Protein Nitrogen
o Urea
o Ammonia
o Others
- Preservatives
o Mold Inhibitors
o Anticaking Agents
- Other Product Types
Based on Source, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Natural Feed Additives
- Synthetic Feed Additives
By Form, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Liquid Feed Additives
- Dry Feed Additives
By Animal Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Ruminants
- Swine
- Poultry
- Aquaculture
- Other Animal Types
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Farms
- Households
- Veterinarians
- Zoos
- Animal Shelters
By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Hypermarket / Supermarket
- Specialty Stores
- Online Sales
- Other Distribution Channels
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Egypt, Saudi Arabia, South Africa, Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Additive Type, Animal Type and Distribution Channel over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
- Alltech Inc.
- Archer Daniels Midland Co. (ADM)
- BASF SE
- Bluestar Adisseo SAS
- Cargill Inc.
- Danisco Animal Nutrition
- DSM Nutritional Products
- Elanco Animal Health
- Evonik Industries
- InVivo NSA SA (Neovia)
- Kemin Industries Inc.
- Lallemand Inc.
- Novozymes AS
- Novus International NV
- Nutreco NV
- Phibro Animal Health Corp.
- Sumitomo Corporation
“Get Personalized Advice From An Industry Expert. Contact Us Today!” https://marketdatalibrary.com/talk-to-consultant/4002
About Market Data Library:
Market Data Library is committed to providing clients with high-quality market research that is tailored to their specific needs. The Market Data Library provides corporate intelligence studies that ensure reliable and accurate research data across a diverse range of industries, including Health Care, Chemicals, Packaging, ICT, Automotive, Industrial Automation, Agriculture, and Finance. Our team is comprised of various departments, including sales, operations, finance, research, and analytics, as well as the scientist and data scientist teams. Our business offerings portray the most up-to-date, rational information a company needs to compete effectively. To guarantee that our clients have access to information and insights whenever they need them, we provide 24/7 research support.
Contact Us
Market Data Library
Tel: +1-(718)-312-8686
Email: sales@marketdatalibrary.com
Website: marketdatalibrary.com/