The global veterinary feed additives market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for animal protein in developing countries and rising awareness about animal welfare standards among consumers in developed countries.
Minerals are the most commonly used type of feed additive, accounting for over 50% of the total market share in 2017. Minerals are used as a source of minerals such as calcium, phosphorus, and magnesium that are essential for animals’ health and growth. Amino acids are also widely used as feed additives due to their ability to improve animal performance and reduce mortality rates caused by malnutrition or disease-related conditions such as acidosis or ketosis. Vitamins have been found to be effective in improving immune system function and reducing stress levels among animals; they also help maintain healthy skin and hair coatings on animals which can be lost due to poor nutrition or environmental factors such as extreme weather conditions or high levels of sunlight exposure. Enzymes have been found useful in improving digestion efficiency among animals which can lead to improved weight gain rates; they also help reduce methane emissions from livestock farms which contribute significantly towards climate change issues around the world.
Some Of The Growth Factors Of This Market:
- Increasing awareness about animal welfare and food safety are also driving growth in this market as consumers are becoming more aware about the quality of food they consume and how it impacts their health and well-being.
Industry Growth Insights published a new data on “Veterinary Feed Additives Market”. The research report is titled “Veterinary Feed Additives Market research by Types (Minerals, Amino Acids, Vitamins, Enzymes, Others), By Applications (Cattle Feeds, Sheep Feeds, Swine Feeds, Other Feeds), By Players/Companies Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Feed Additives Market Research Report
By Type
Minerals, Amino Acids, Vitamins, Enzymes, Others
By Application
Cattle Feeds, Sheep Feeds, Swine Feeds, Other Feeds
By Companies
Evonik, DuPont, 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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Feed Additives Market Report Segments:
The global Veterinary 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
Cattle Feeds, Sheep Feeds, Swine Feeds, Other Feeds
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
- Sumitomo Chemical
- Kemin Industries
- Biomin
- Alltech
- Addcon
- Bio Agri Mix
Highlights of The Veterinary 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:
- Cattle Feeds
- Sheep Feeds
- Swine Feeds
- Other Feeds
- 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 Veterinary 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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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?
Veterinary feed additives are substances that are added to animal feeds in order to improve their nutritional quality and/or increase their digestibility. Some common veterinary feed additives include minerals, vitamins, proteins, and fiber.
Some of the major players in the veterinary feed additives market are Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Charoen Pokphand Group, Cargill, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix.
The veterinary feed additives market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Veterinary 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. Veterinary 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. Veterinary Feed Additives Market - Supply Chain
4.5. Global Veterinary Feed Additives Market Forecast
4.5.1. Veterinary Feed Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Veterinary Feed Additives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Veterinary Feed Additives Market Absolute $ Opportunity
5. Global Veterinary 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. Veterinary 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 Veterinary 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. Veterinary Feed Additives Market Size and Volume Forecast by Application
6.3.1. Cattle Feeds
6.3.2. Sheep Feeds
6.3.3. Swine Feeds
6.3.4. Other Feeds
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Veterinary 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. Veterinary 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 Veterinary 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. Veterinary 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 Veterinary Feed Additives Demand Share Forecast, 2019-2029
9. North America Veterinary 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 Veterinary 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 Veterinary Feed Additives Market Size and Volume Forecast by Application
9.4.1. Cattle Feeds
9.4.2. Sheep Feeds
9.4.3. Swine Feeds
9.4.4. Other Feeds
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Veterinary 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 Veterinary Feed Additives Demand Share Forecast, 2019-2029
10. Latin America Veterinary 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 Veterinary 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 Veterinary Feed Additives Market Size and Volume Forecast by Application
10.4.1. Cattle Feeds
10.4.2. Sheep Feeds
10.4.3. Swine Feeds
10.4.4. Other Feeds
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Veterinary 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 Veterinary Feed Additives Demand Share Forecast, 2019-2029
11. Europe Veterinary 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 Veterinary 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 Veterinary Feed Additives Market Size and Volume Forecast by Application
11.4.1. Cattle Feeds
11.4.2. Sheep Feeds
11.4.3. Swine Feeds
11.4.4. Other Feeds
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Veterinary Feed Additives Market Size and Volume Forecast by Type
11.7.1. Minerals
11.7.2. Amino Acids
11.7.3. Vitamins
1.7.4. 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 Veterinary Feed Additives Demand Share, 2019-2029
12. Asia Pacific Veterinary 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 Veterinary 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 Veterinary Feed Additives Market Size and Volume Forecast by Application
12.4.1. Cattle Feeds
12.4.2. Sheep Feeds
12.4.3. Swine Feeds
12.4.4. Other Feeds
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Veterinary 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 Veterinary Feed Additives Demand Share, 2019-2029
13. Middle East & Africa Veterinary 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 Veterinary 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 Veterinary Feed Additives Market Size and Volume Forecast by Application
13.4.1. Cattle Feeds
13.4.2. Sheep Feeds
13.4.3. Swine Feeds
13.4.4. Other Feeds
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Veterinary 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 Veterinary Feed Additives Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Veterinary Feed Additives Market: Market Share Analysis
14.2. Veterinary Feed Additives Distributors and Customers
14.3. Veterinary 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. DuPont
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
