Feed Additives Market

Global Feed Additives Market is valued at USD 39.96 Billion in 2021 and expected to reach USD 60.88 Billion by 2028 with a CAGR of 6.20% over the forecast period.

Feed Additives Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028. Increase in demand and consumption of livestock-based products along with rising demand for natural feed and feed additives driving the feed additives market.

Global Feed Additives Market Scope of Report:

Feed additives are the additional nutritional supplements which are added to the basic feed mix for the consumption to fulfil the nutritional requirement of the farm. These additives are added in minute quantity to avoid any side effects among farm animals. Feed additives are used to improve the farm production, disease resistance, and negative effects of environment fluctuations. Feed additives includes various elements such as probiotic, antibiotic, hormones, minerals, vitamins, and others.

Food safety has become a top issue for governments all around the globe, especially in North America and Europe. High awareness, the growing demand for nutrition, and ban of antibiotics in many regions are encouraging companies, livestock industry and meat manufacturers to use probiotics, which is anticipated to drive the feed additives market on a global level.

The market has been segmented by type, livestock, form, source, and geography. On the basis of type, the market is segmentation into Amino acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin detoxifiers, Flavours & sweeteners, Antibiotics, Minerals, Antioxidants, Non-protein nitrogen, Phytogenic, Preservatives and Probiotics. On the basis of livestock, the market is classified into Ruminants, Poultry, Swine, Aquatic, and others. On the basis of form, the market is fragmented into dry and liquid. On the basis of source, the market is classified into Natural and Synthetic.

Global Feed Additives Market Segmentation:

By Type:

• Amino acids
• Phosphates
• Vitamins
• Acidifiers
• Carotenoids
• Enzymes
• Mycotoxin detoxifiers
• Flavours& sweeteners
• Antibiotics
• Minerals
• Antioxidants
• Non-protein nitrogen
• Phytogenic
• Preservatives
• Probiotics

Global Feed Additives Market: By livestock

• Ruminants
• Dairy
• Beef
• Calf
• Others (sheep and goats)
• Poultry
• Broilers
• Layers
• Breeders
• Swine
• Starter
• Sow
• Grower
• Aquatic
• Others (equine and pets)

Global Feed Additives Market: By Form

• Dry
• Liquid

Global Feed Additives Market: By Source

• Synthetic
• Natural

The regions covered in this Global Feed Additives Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Feed additives is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia i.e. (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players for Global Feed Additives Market Report-

Some major key players for Global Feed Additives Market are Cargill, DowDuPont, ADM, Evonik, BASF, InVivo, Nutreco, DSM, Solvay, Ajinomoto, Novozymes, Chr. Hansen, Kemin, Adisseo, and Alltech. These players have broad industry exposure and strong operational and financial strength; they have grown organically and inorganically in the recent past.

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News: ADM nutrition highlights integration, ingredient development

January 17^th, 2020; Archer Daniels Midland Company’s nutrition commercial is focusing on the integration of Neovia, developing alternative ingredients and supporting the feed industry’s move away from antibiotic use.

The Illinois-based grain trading and feed additive company has been developing alternative ingredients for nutrition to address changing industry practices, said Pierre Duprat, president, Archer Daniels Midland Company (ADM) Nutrition.

Increasing demand and consumption of livestock-based products along with rising demand for natural feed and feed additives are the Major Factors Drive the Growth of Global Feed Additives Market

The major factors driving the feed additives market include the rising demand and consumption of livestock-based products, and standardization of meat products owing to disease outbreaks. Furthermore, rising awareness about feed quality and implementation of innovative animal husbandry practices are expected to drive the market. Moreover, rising demand for natural feed and feed additives owing to the rising awareness about feed quality is also expected to contribute the market growth. However, regulations limiting the use of antibiotics in animal feed along with volatile raw material pricing for natural feed additives are likely to restrain the growth of Feed Additives Market. On the other hand, rising inclination towards natural growth promoters along with increasing demand for natural supplements are also expected to create ample opportunities in the Feed additives market.

Asia Pacific is expected to Dominate the Global Feed Additives Market place

Asia Pacific is projected to account for the major market share during the forecast period. Asia Pacific emerged as the largest regional market for feed additives in 2019. The region has experienced rise in demand on account of strong economic growth in emerging economies, such as China, Indonesia, and India. Rising population along with rising living standards have urged the regional demand for meat, which in turn is anticipated to fuel the feed additives demand. Stringent regulations about meat quality are likely to remain the key factor along with the high availability of raw materials such as dextrose, maize, and corn is also expected to fuel the demand over the forecast period. North America & Europe also accounts for major market share owing to the stringent norms along with high rate of meat consumption is also expected to augment the market growth.

Report Analysis	Details
Historical data	2015 - 2020
Forecast Period	2021 - 2028
Market Size in 2021:	USD 39.96 Billion
Base year considered	2020
Forecast Period CAGR %:	6.20 %
Market Size Expected in 2028:	USD 60.88 Billion
Tables, Charts & Figures:	175
Pages	200
Key Players/Companies	Asahi Kasei Medical Co. Ltd,Charles River Laboratories International Inc.,General Electric Company,Lonza Group Ltd,Merck KgaA,Danaher Corporation (Pall Corporation),Sartorius AG,Clean Cell Inc.,Thermo Fischer Scientific Inc.,Wuxi Biologics
Segments Covered	By Type, By Application
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits for Global Feed Additives Market Report:

• Global Feed Additives Market report covers in-depth historical and forecast analysis.
• Global Feed Additives report delivers detailed information about Market Summary, Market Introduction, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and also Country Level.
• Global Feed Additives Market report helps to identify opportunities in marketplace.
• Global Feed Additives Market report covers extensive analysis of emerging trends and competitive landscape.

Feed Additives Market By Regional & Country Level:

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy

Asia Pacific

• China
• Japan
• India
• Southeast Asia

Latin America

• Brazil
• Mexico