Market Overview:
The global feed additives market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for animal-based protein products, rising awareness about animal health and nutrition, and growing concerns about food safety. The minerals segment is projected to lead the global feed additives market in terms of revenue from 2018 to 2030. This segment is expected to grow at a CAGR of 6.0% during the forecast period.
Product Definition:
Feed additives are substances that are intentionally added to animal feed to improve its nutrient quality, or to prevent the occurrence of a specific disease. The use of feed additives is an important tool for livestock producers, as it allows them to provide their animals with the best possible diet while also mitigating some of the risks associated with feeding livestock. Some common feed additives include antibiotics, vitamins, and minerals.
Minerals:
Minerals are naturally occurring inorganic compounds that are used as feed additives for poultry, aquaculture, swine and other animals. Minerals provide essential nutrients to the animal body which helps in maintaining its health. It also aids in increasing the weight of meat production by improving muscle strength and bone density of the animal.
Amino Acids:
Amino acids are the building blocks for protein. Proteins play an important role in animal feed as they provide essential amino acids, which help to improve performance and reduce the occurrence of diseases. Amino acid supplements can be naturally derived or synthetically produced. The most commonly used amino acid is lysine, followed by histidine and methionine among others such as tryptophan, threonine and valine among others (the other 21).
Application Insights:
Poultry feed was the largest application segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The rising importance of poultry as a source of meat, eggs and dairy products coupled with increasing consumer disposable income levels in developing countries including China, India, Brazil and Mexico is anticipated to drive the market growth over the forecast period.
Aquaculture feed additives are used for improving fish health & enhancing its performance through providing nutrition required for fish development stages including early life stages (eggs & larvae) till adulthood. Rising aquaculture production across regions especially in Asia Pacific due to increased demand for seafood is expected to propel product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization and urbanization, which has led to an increase in meat consumption. This trend is projected to have a positive impact on regional product demand.
The European market for feeds additives was valued at USD X million in 2017 owing to high animal feed production along with growing exports from countries such as Germany and France for fattening pigs and cattle worldwide are estimated to drive regional product demand over the forecast period. North America emerged as the second-largest consumer due to high consumption of poultry products coupled with rising awareness regarding health & hygiene among consumers is likely boost industry growth over the next eight years (2030).
Growth Factors:
- Increasing demand for high-quality feeds from livestock and aquaculture industries
- Growing awareness about the benefits of feed additives among farmers and feed manufacturers
- Rising demand for organic feeds and feed additives
- Technological advancements in the field of animal nutrition and feed additives industry
- Stringent regulations governing the use of synthetic chemicals in animal feeds
Scope Of The Report
Report Attributes
Report Details
Report Title
Feeds Additives Market Research Report
By Type
Minerals, Amino Acids, Vitamins, Enzymes, Others
By Application
Poultry Feeds, Ruminant Feeds, Pig Feeds, Aquaculture Feeds, Others
By Companies
Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Evonik, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Feeds Additives Market Report Segments:
The global Feeds Additives market is segmented on the basis of:
Types
Minerals, Amino Acids, Vitamins, Enzymes, Others
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
Poultry Feeds, Ruminant Feeds, Pig Feeds, Aquaculture Feeds, Others
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:
- Evonik
- DuPont
- DSM
- Adisseo
- BASF
- ADM
- Nutreco
- Novusint
- Charoen Pokphand Group
- Cargill
- Evonik
- Kemin Industries
- Biomin
- Alltech
- Addcon
- Bio Agri Mix
Highlights of The Feeds Additives 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:
- Minerals
- Amino Acids
- Vitamins
- Enzymes
- Others
- By Application:
- Poultry Feeds
- Ruminant Feeds
- Pig Feeds
- Aquaculture Feeds
- Others
- 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 Feeds Additives 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.
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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?
Feed additives are substances that are added to animal feed in order to improve its nutritional value or increase the production of meat, milk, eggs, or other agricultural products.
Some of the major players in the feeds additives market are Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Evonik, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix.
The feeds additives 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 Feeds Additives 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 Feeds Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Feeds Additives 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 Feeds Additives 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 Feeds Additives Market Size & Forecast, 2018-2028
4.5.1 Feeds Additives Market Size and Y-o-Y Growth
4.5.2 Feeds Additives Market Absolute $ Opportunity
Chapter 5 Global Feeds Additives 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 Feeds Additives Market Size Forecast by Type
5.2.1 Minerals
5.2.2 Amino Acids
5.2.3 Vitamins
5.2.4 Enzymes
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Feeds Additives 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 Feeds Additives Market Size Forecast by Applications
6.2.1 Poultry Feeds
6.2.2 Ruminant Feeds
6.2.3 Pig Feeds
6.2.4 Aquaculture Feeds
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Feeds Additives 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 Feeds Additives 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 Feeds Additives Analysis and Forecast
9.1 Introduction
9.2 North America Feeds Additives 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 Feeds Additives Market Size Forecast by Type
9.6.1 Minerals
9.6.2 Amino Acids
9.6.3 Vitamins
9.6.4 Enzymes
9.6.5 Others
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 Feeds Additives Market Size Forecast by Applications
9.10.1 Poultry Feeds
9.10.2 Ruminant Feeds
9.10.3 Pig Feeds
9.10.4 Aquaculture Feeds
9.10.5 Others
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 Feeds Additives Analysis and Forecast
10.1 Introduction
10.2 Europe Feeds Additives 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 Feeds Additives Market Size Forecast by Type
10.6.1 Minerals
10.6.2 Amino Acids
10.6.3 Vitamins
10.6.4 Enzymes
10.6.5 Others
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 Feeds Additives Market Size Forecast by Applications
10.10.1 Poultry Feeds
10.10.2 Ruminant Feeds
10.10.3 Pig Feeds
10.10.4 Aquaculture Feeds
10.10.5 Others
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 Feeds Additives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Feeds Additives 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 Feeds Additives Market Size Forecast by Type
11.6.1 Minerals
11.6.2 Amino Acids
11.6.3 Vitamins
11.6.4 Enzymes
11.6.5 Others
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 Feeds Additives Market Size Forecast by Applications
11.10.1 Poultry Feeds
11.10.2 Ruminant Feeds
11.10.3 Pig Feeds
11.10.4 Aquaculture Feeds
11.10.5 Others
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 Feeds Additives Analysis and Forecast
12.1 Introduction
12.2 Latin America Feeds Additives 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 Feeds Additives Market Size Forecast by Type
12.6.1 Minerals
12.6.2 Amino Acids
12.6.3 Vitamins
12.6.4 Enzymes
12.6.5 Others
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 Feeds Additives Market Size Forecast by Applications
12.10.1 Poultry Feeds
12.10.2 Ruminant Feeds
12.10.3 Pig Feeds
12.10.4 Aquaculture Feeds
12.10.5 Others
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) Feeds Additives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Feeds Additives 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) Feeds Additives Market Size Forecast by Type
13.6.1 Minerals
13.6.2 Amino Acids
13.6.3 Vitamins
13.6.4 Enzymes
13.6.5 Others
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) Feeds Additives Market Size Forecast by Applications
13.10.1 Poultry Feeds
13.10.2 Ruminant Feeds
13.10.3 Pig Feeds
13.10.4 Aquaculture Feeds
13.10.5 Others
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 Feeds Additives Market: Competitive Dashboard
14.2 Global Feeds Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 DuPont
14.3.3 DSM
14.3.4 Adisseo
14.3.5 BASF
14.3.6 ADM
14.3.7 Nutreco
14.3.8 Novusint
14.3.9 Charoen Pokphand Group
14.3.10 Cargill
14.3.11 Evonik
14.3.12 Kemin Industries
14.3.13 Biomin
14.3.14 Alltech
14.3.15 Addcon
14.3.16 Bio Agri Mix
