Market Overview:
The global animal nutrients market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for meat and dairy products, rising awareness about animal health, and growing demand for organic food products. Feed additives are projected to be the fastest-growing segment of the global animal nutrients market during the forecast period. By application, pets are expected to account for the largest share of the global animal nutrients market in 2018. North America is estimated to dominate the global animal nutrients market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Animal nutrients are the proteins, lipids, carbohydrates, minerals and vitamins that an animal needs to survive. They are essential for growth, development and overall health.
Feed Additives:
Feed additives are the substances that are added to animal feed for improving its nutritive value. Additives can be classified as amino acids, minerals, vitamins and others (fiber). Amino acids have a high protein content and can be used in various formulations such as rations & blocks. Vitamins help maintain normal body functions which aids in digestion and helps build energy. On the other hand, minerals aid in maintaining fluid balance and help prevent diseases among animals.
Animal Health Products:
Animal health products are the ones that are used for improving and maintaining the health of companion animals. These products include pharmaceuticals, vaccines, medicated feed additives & vitamins among others. The animal health market is expected to witness significant growth over the forecast period owing to increasing awareness about zoonotic diseases coupled with rising spending capacity in developed countries such as U.S.
Application Insights:
The other application segment includes the use of animal nutrients for human consumption as well. The Asia Pacific region has been a major consumer and supplier of animal nutrition products over the past few years. This can be attributed to increasing meat consumption in countries, such as China, India and Australia. Rising demand for poultry products across the globe is also expected to contribute towards growth during the forecast period.
Feed additives were estimated to be one of the largest segments with a share of over 60% in 2017 owing to their extensive usage across all types of farms including dairy farms, beef cattle ranches and piggeries as well as arable land where crops are grown using fertilizers & pesticides manufactured from agricultural chemicals or related ingredients derived from plants or animals including vitamins minerals & amino acids which have been approved by regulatory authorities worldwide particularly in Europe U.S.
Regional Analysis:
North America dominated the global animal nutrients market in 2017. The region is expected to witness a rise in demand for animal nutrition over the forecast period owing to increasing meat consumption and rising awareness about pet care. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rapid urbanization, changing consumer preferences, and growing disposable income levels of consumers especially in China & India. Moreover, government initiatives such as “One Belt One Road†(OBOR) project by China are expected favorably impact industry growth over the coming years.
The European market also contributed significantly towards share.
Growth Factors:
- Increasing demand for animal-based food products: The global population is growing at a rapid pace and the demand for animal-based food products is increasing along with it. This is driving the growth of the Animal Nutrients market as well.
- Rising awareness about the benefits of animal nutrients: There is a growing awareness among people about the benefits of using animal nutrients in their diets. This is helping to drive demand for these products and is contributing to market growth.
- Growing popularity of organic farming: A large number of people are now opting for organic farming, which requires use of natural fertilizers such as Animal Nutrients. This is another factor that is contributing to market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Nutrients Market Research Report
By Type
Feed Additives, Animal Health Products
By Application
Pets, Livestock, Zoo Animals, Other
By Companies
Adisseo, BASF, ADM, Cargill, DSM, Evonik Industries, Nutreco, Alltech, Novus, DowDuPont, Adisseo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Animal Nutrients Market Report Segments:
The global Animal Nutrients market is segmented on the basis of:
Types
Feed Additives, Animal Health Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pets, Livestock, Zoo Animals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adisseo
- BASF
- ADM
- Cargill
- DSM
- Evonik Industries
- Nutreco
- Alltech
- Novus
- DowDuPont
- Adisseo
Highlights of The Animal Nutrients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Feed Additives
- Animal Health Products
- By Application:
- Pets
- Livestock
- Zoo Animals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Nutrients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal nutrients are essential for the health of animals. These nutrients help to provide energy, promote growth and development, and protect against disease.
Some of the major companies in the animal nutrients market are Adisseo, BASF, ADM, Cargill, DSM, Evonik Industries, Nutreco, Alltech, Novus, DowDuPont, Adisseo.
The animal nutrients market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Animal Nutrients Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Animal Nutrients Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Animal Nutrients Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Animal Nutrients Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Animal Nutrients Market Size & Forecast, 2020-2028
4.5.1 Animal Nutrients Market Size and Y-o-Y Growth
4.5.2 Animal Nutrients Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Feed Additives
5.2.2 Animal Health Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pets
6.2.2 Livestock
6.2.3 Zoo Animals
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Animal Nutrients Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Animal Nutrients Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Feed Additives
9.6.2 Animal Health Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pets
9.10.2 Livestock
9.10.3 Zoo Animals
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Feed Additives
10.6.2 Animal Health Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pets
10.10.2 Livestock
10.10.3 Zoo Animals
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Feed Additives
11.6.2 Animal Health Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pets
11.10.2 Livestock
11.10.3 Zoo Animals
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Feed Additives
12.6.2 Animal Health Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pets
12.10.2 Livestock
12.10.3 Zoo Animals
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Feed Additives
13.6.2 Animal Health Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pets
13.10.2 Livestock
13.10.3 Zoo Animals
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Animal Nutrients Market: Competitive Dashboard
14.2 Global Animal Nutrients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adisseo
14.3.2 BASF
14.3.3 ADM
14.3.4 Cargill
14.3.5 DSM
14.3.6 Evonik Industries
14.3.7 Nutreco
14.3.8 Alltech
14.3.9 Novus
14.3.10 DowDuPont
14.3.11 Adisseo
