Market Overview:
The global poultry feed additives market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for meat and eggs, increasing awareness about animal health and nutrition, and growing demand for organic poultry feed additives. On the basis of type, the global poultry feed additives market is segmented into minerals, amino acids, vitamins, enzymes, and others. Amino acids are expected to witness high growth during the forecast period owing to their various benefits such as enhancing muscle development and improving egg production in chickens. On the basis of application, chicken is expected to be a key segment during the forecast period owing to its high consumption globally. Asia Pacific is projected to be fastest growing region in terms of revenue due to rising population coupled with increasing disposable income levels in countries such as China and India.
Product Definition:
Poultry feed additives are substances that are added to poultry feed in order to improve its nutritional value, enhance performance, or control diseases.
Minerals:
Minerals are naturally occurring inorganic substances that are necessary for normal body function. They play an important role in the growth and development of poultry. Minerals provide essential nutrients to the birds, which helps them grow properly and reach their full potential. The most commonly used minerals in poultry diets include calcium, phosphorus, potassium, sodium & magnesium; however there are many other minerals as well including zinc & copper which have different functions also.
Amino Acids:
Amino acids are the basic building blocks for protein. Proteins are major feed ingredients in poultry diets. Protein is an essential nutrient for birds and must be provided in adequate quantities to maintain optimum health. amino acids act as a source of energy during digestion and help promote growth, reproduction, maintenance & repair of body tissues & functions along with providing resistance against pathogenic organisms.
Application Insights:
The chicken application segment accounted for the largest revenue share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The rising importance of broilers as a source of meat for human consumption has resulted in an increased focus on improving their performance, which has triggered growth in demand for poultry feed additives across the globe.
Adult chickens are generally fatter than baby chicks and grow at a faster rate, requiring more food throughout their life cycle. Adult chickens require different types of food from scratch layer to layers and this process requires constant monitoring by farmers as well as feed millsers regarding availability of nutrients required by adult layers along with cost-effectiveness associated with poultry farming activities overall.
Regional Analysis:
Asia Pacific was the largest market for poultry feed additives, accounting for a share of more than 35.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing meat consumption and rising disposable income of consumers in emerging economies including China and India.
China is one of the major producers as well as consumers of poultry products globally on account of presence or large scale production facilities by companies such as Shanghai Jiajiale Poultry Co., Ltd., Yashwant Poultry Farm (Yashwant Livestock) Pvt. Ltd., Avril Group, among others coupled with high demand from domestic end users such as restaurants and food chains run by KFC Corporation; McDonald’s Corporation; Burger King Holdings Inc.; Pizza Hut Delivery Enterprises LLC; Domino’s Pizza Inc.; Dunkin Doughnuts Baskin & Robbins Inc.
Growth Factors:
- Increasing demand for poultry meat and eggs from the developing countries is expected to drive the growth of poultry feed additives market.
- Rising awareness about the benefits of using feed additives among the farmers is anticipated to propel the growth of this market in near future.
- Growing adoption of precision farming techniques is projected to create new opportunities for poultry feed additive manufacturers in forthcoming years.
- Proliferation of contract farming is likely to boost demand for poultry feed additives over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Poultry Feed additives Market Research Report
By Type
Minerals, Amino Acids, Vitamins, Enzymes, Others
By Application
Chicken, Adult Chicken
By Companies
Evonik, DowDupont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Sumitomo Chemical, 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Poultry Feed additives Market Report Segments:
The global Poultry Feed 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
Chicken, Adult Chicken
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
- DowDupont
- DSM
- Adisseo
- BASF
- ADM
- Nutreco
- Novusint
- Charoen Pokphand Group
- Cargill
- Sumitomo Chemical
- Kemin Industries
- Biomin
- Alltech
- Addcon
- Bio Agri Mix
Highlights of The Poultry Feed 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:
- Chicken
- Adult Chicken
- 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 Poultry Feed 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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- Correctly Positioning New Products
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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?
Poultry feed additives are substances that are added to poultry feed in order to improve the nutritional quality of the food. These additives can help to increase the amount of nutrients available to poultry, and may also help reduce the risk of diseases.
Some of the major companies in the poultry feed additives market are Evonik, DowDupont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix.
The poultry feed additives market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Poultry Feed additives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Poultry Feed additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Poultry Feed additives Market - Supply Chain
4.5. Global Poultry Feed additives Market Forecast
4.5.1. Poultry Feed additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Poultry Feed additives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Poultry Feed additives Market Absolute $ Opportunity
5. Global Poultry Feed additives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Poultry Feed additives Market Size and Volume Forecast by Type
5.3.1. Minerals
5.3.2. Amino Acids
5.3.3. Vitamins
5.3.4. Enzymes
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Poultry Feed additives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Poultry Feed additives Market Size and Volume Forecast by Application
6.3.1. Chicken
6.3.2. Adult Chicken
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Poultry Feed additives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Poultry Feed additives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Poultry Feed additives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Poultry Feed additives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Poultry Feed additives Demand Share Forecast, 2019-2026
9. North America Poultry Feed additives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Poultry Feed additives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Poultry Feed additives Market Size and Volume Forecast by Application
9.4.1. Chicken
9.4.2. Adult Chicken
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Poultry Feed additives Market Size and Volume Forecast by Type
9.7.1. Minerals
9.7.2. Amino Acids
9.7.3. Vitamins
9.7.4. Enzymes
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Poultry Feed additives Demand Share Forecast, 2019-2026
10. Latin America Poultry Feed additives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Poultry Feed additives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Poultry Feed additives Market Size and Volume Forecast by Application
10.4.1. Chicken
10.4.2. Adult Chicken
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Poultry Feed additives Market Size and Volume Forecast by Type
10.7.1. Minerals
10.7.2. Amino Acids
10.7.3. Vitamins
10.7.4. Enzymes
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Poultry Feed additives Demand Share Forecast, 2019-2026
11. Europe Poultry Feed additives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Poultry Feed additives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Poultry Feed additives Market Size and Volume Forecast by Application
11.4.1. Chicken
11.4.2. Adult Chicken
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Poultry Feed additives Market Size and Volume Forecast by Type
11.7.1. Minerals
11.7.2. Amino Acids
11.7.3. Vitamins
11.7.4. Enzymes
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Poultry Feed additives Demand Share, 2019-2026
12. Asia Pacific Poultry Feed additives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Poultry Feed additives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Poultry Feed additives Market Size and Volume Forecast by Application
12.4.1. Chicken
12.4.2. Adult Chicken
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Poultry Feed additives Market Size and Volume Forecast by Type
12.7.1. Minerals
12.7.2. Amino Acids
12.7.3. Vitamins
12.7.4. Enzymes
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Poultry Feed additives Demand Share, 2019-2026
13. Middle East & Africa Poultry Feed additives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Poultry Feed additives Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Poultry Feed additives Market Size and Volume Forecast by Application
13.4.1. Chicken
13.4.2. Adult Chicken
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Poultry Feed additives Market Size and Volume Forecast by Type
13.7.1. Minerals
13.7.2. Amino Acids
13.7.3. Vitamins
13.7.4. Enzymes
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Poultry Feed additives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Poultry Feed additives Market: Market Share Analysis
14.2. Poultry Feed additives Distributors and Customers
14.3. Poultry Feed additives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Evonik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDupont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DSM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Adisseo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ADM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nutreco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Novusint
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Charoen Pokphand Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cargill
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sumitomo Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kemin Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Biomin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Alltech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Addcon
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Bio Agri Mix
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook