The report is titled as' ‘Feed Additives Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the feed additives market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The feed additives market is expected to grow at a significant rate in the near future.
The feed additives market is estimated to reach at a value of US$ 40.7 Bn by the end of 2022 and expected to reach at a value of US$ 65.3 Bn by 2030 with a significant CAGR of 6.1%.
Feed Additives Introduction
The modern day poultry industry is facing numerous challenges these days in poultry production, comprising environmental concerns, food safety, standardization of welfare principles, prohibition of nutritive antibiotics, gut health, feeding fiber-rich items and sustaining high efficiency of production. Approximately 70% of the cost in poultry production is used up for the cost of the feed, which seems to be the biggest concern for the poultry sector.
The usage of feed additives allows to enhance the efficiency of growth or/and egg production, safeguards from chronic disease and enriching feed utilization is a perfect alternative to confront the aforestated issues. As defined by the European Feed Standard Agency (EFSA), feed additives are the non-nutritive substances, microorganisms and preparations mixed in animal feed with the intent of enriching the quality of feed and the quality of food from animal origin, or to enhance the animals’ health and performance, for instance, offering improved edibility of the feed supplies.
The present day poultry industry has revolutionized immensely in the efficient and cost-effective production of superior quality and risk-free and completely safe eggs, chicken meat, and other poultry bioproducts. Nowadays, along with advancing at being efficient, the industry has had to optimize the well-being of the birds and cut off the effect of the industry on the environment. The employment of feed additives has been a crucial element of achieving this success.
The revolutionizing poultry industry in the past few years is one of the major factors that has driven the demand of feed additives across the world, thereby propelling the growth of the global feed additives market. The present day’s farmers expect and demand feed which is safe as well as healthy and sustainable. This requires distinctive constituents that can offer a nutritional texture, flavour, value, blend and preserve feed. For instance, preservatives, which adds a healthy and nutritious dimension for pigs, poultry, calves, cattle, rabbits and fish while avoiding feed from degrading and decaying too quickly. Such factors further stimulate the demand and applications of feed additives across the world, thus further projected to boost the growth of the global feed additives market in the years to come.
Other than that, the soaring consumption and demand of livestock-based products, including eggs, meat, dairy & dairy-based products among the consumers worldwide is also further expected to accelerate the demand of feed additives in the poultry sector, therefore supporting the growth of the global feed additives market in the forthcoming future.
In addition to that, there has been increased awareness among consumers regarding good health and about the purpose of food nutrients, which emerged as a trend towards animal-derived protein in the form of either eggs, milk, or meat. This also plays a positive role in driving the use of feed additives in poultry feed as it strengthens its nourishing quality. Attributable to which, the global feed additives market is estimated to grow rapidly over the coming years. However, the usage of antibiotics in the feed additives is prohibited in various countries across the world, which may act as a restraining factor for the growth of the global feed additives market over the forecast period.
The global feed additives market is segmented on the basis of type, livestock, form, source and regions. On the basis of type, the feed additives market is segmented into Amino acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin detoxifiers, Flavors & sweeteners, Antibiotics, Minerals, Antioxidants, Non-protein nitrogen, Phytogenics, Preservatives, and Probiotics. On the basis of livestock, the market is categorized into Ruminants, Poultry, Swine, Aquatic animals, and Others (equine and pets). Further, the feed additives market is segmented on the basis of form into Dry and Liquid. Furthermore, the market is segmented on the basis of source into Synthetic and Natural.
The research report classifies the global feed additives market based on type, livestock, form, source and regions.
Amino acids
Phosphates
Vitamins
Acidifiers
Carotenoids
Enzymes
Mycotoxin detoxifiers
Flavors & sweeteners
Antibiotics
Minerals
Antioxidants
Non-protein nitrogen
Phytogenics
Preservatives
Probiotics
Ruminants
Poultry
Swine
Aquatic animal
Others (equine and pets)
Dry
Liquid
Synthetic
Natural
North America
Latin America
Africa
Europe
Asia Pacific
Middle East
The global feed additives market is dominated by Cargill, DowDuPont, ADM, Evonik, BASF, DSM, Solvay, Ajinomoto, Novozymes, Chr. Hansen, InVivo, Nutreco, Kemin, Adisseo, and Alltech, among others.
The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the feed additives market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of feed additives
Advantage of feed additives
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
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1. Global Feed Additives Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Feed Additives Market Overview
2.1. Introduction
2.1.1. Introduction
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Feed Additives Market Snapshot
2.4. Global Feed Additives Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Feed Additives Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Value Chain Analysis
2.7. Supply Chain Analysis
2.8. Pricing Analysis
2.9. Key Regulations
2.10. Porter’s Five Forces Model
3. Global Feed Additives Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Type
3.2.1. Amino acids
3.2.2. Phosphates
3.2.3. Vitamins
3.2.4. Acidifiers
3.2.5. Carotenoids
3.2.6. Enzymes
3.2.7. Mycotoxin detoxifiers
3.2.8. Flavors & sweeteners
3.2.9. Antibiotics
3.2.10. Minerals
3.2.11. Antioxidants
3.2.12. Non-protein nitrogen
3.2.13. Phytogenics
3.2.14. Preservatives
3.2.15. Probiotics
3.3. Global Feed Additives Market Attractiveness Index, By Type
4. Global Feed Additives Market, By Livestock
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Livestock
4.1.2. BPS Analysis, By Livestock
4.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Livestock
4.2.1. Ruminants
4.2.2. Poultry
4.2.3. Swine
4.2.4. Aquatic animal
4.2.5. Others (equine and pets)
4.3. Global Feed Additives Market Attractiveness Index, By Livestock
5. Global Feed Additives Market, By Form
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Form
5.1.2. BPS Analysis, By Form
5.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Form
5.2.1. Dry
5.2.2. Liquid
5.3. Global Feed Additives Market Attractiveness Index, By Form
6. Global Feed Additives Market, By Source
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Source
6.1.2. BPS Analysis, By Source
6.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Source
6.2.1. Natural
6.2.2. Synthetic
6.3. Global Feed Additives Market Attractiveness Index, By Source
7. Global Feed Additives Market, By Region
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Region
7.1.2. BPS Analysis, By Region
7.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East
7.2.6. Africa
7.3. Global Feed Additives Market Attractiveness Index, By Region
8. North America Feed Additives Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Country
8.2.1. U.S. Feed Additives Market
8.2.2. Canada Feed Additives Market
8.3. North America Feed Additives Market, By Type
8.3.1. Amino acids
8.3.2. Phosphates
8.3.3. Vitamins
8.3.4. Acidifiers
8.3.5. Carotenoids
8.3.6. Enzymes
8.3.7. Mycotoxin detoxifiers
8.3.8. Flavors & sweeteners
8.3.9. Antibiotics
8.3.10. Minerals
8.3.11. Antioxidants
8.3.12. Non-protein nitrogen
8.3.13. Phytogenics
8.3.14. Preservatives
8.3.15. Probiotics
8.4. North America Feed Additives Market, By Livestock
8.4.1. Ruminants
8.4.2. Poultry
8.4.3. Swine
8.4.4. Aquatic animal
8.4.5. Others (equine and pets)
8.5. North America Feed Additives Market, By Form
8.5.1. Dry
8.5.2. Liquid
8.6. North America Feed Additives Market, By Source
8.6.1. Natural
8.6.2. Synthetic
8.7. North America Feed Additives Market Attractiveness Index
8.7.1. By Country
8.7.2. By Type
8.7.3. By Livestock
8.7.4. By Form
8.7.5. By Source
9. Latin America Feed Additives Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Country
9.2.1. Brazil Feed Additives Market
9.2.2. Mexico Feed Additives Market
9.2.3. Argentina Feed Additives Market
9.2.4. Rest of Latin America Feed Additives Market
9.3. Latin America Feed Additives Market, By Type
9.3.1. Amino acids
9.3.2. Phosphates
9.3.3. Vitamins
9.3.4. Acidifiers
9.3.5. Carotenoids
9.3.6. Enzymes
9.3.7. Mycotoxin detoxifiers
9.3.8. Flavors & sweeteners
9.3.9. Antibiotics
9.3.10. Minerals
9.3.11. Antioxidants
9.3.12. Non-protein nitrogen
9.3.13. Phytogenics
9.3.14. Preservatives
9.3.15. Probiotics
9.4. Latin America Feed Additives Market, By Livestock
9.4.1. Ruminants
9.4.2. Poultry
9.4.3. Swine
9.4.4. Aquatic animal
9.4.5. Others (equine and pets)
9.5. Latin America Feed Additives Market, By Form
9.5.1. Dry
9.5.2. Liquid
9.6. Latin America Feed Additives Market, By Source
9.6.1. Natural
9.6.2. Synthetic
9.7. Latin America Feed Additives Market Attractiveness Index
9.7.1. By Country
9.7.2. By Type
9.7.3. By Livestock
9.7.4. By Form
9.7.5. By Source
10. Europe Feed Additives Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Country
10.2.1. U.K. Feed Additives Market
10.2.2. Germany Feed Additives Market
10.2.3. Italy Feed Additives Market
10.2.4. France Feed Additives Market
10.2.5. Spain Feed Additives Market
10.2.6. Russia Feed Additives Market
10.2.7. Poland Feed Additives Market
10.2.8. BENELUX Feed Additives Market
10.2.9. NORDIC Feed Additives Market
10.2.10. Rest of Europe Feed Additives Market
10.3. Europe Feed Additives Market, By Type
10.3.1. Amino acids
10.3.2. Phosphates
10.3.3. Vitamins
10.3.4. Acidifiers
10.3.5. Carotenoids
10.3.6. Enzymes
10.3.7. Mycotoxin detoxifiers
10.3.8. Flavors & sweeteners
10.3.9. Antibiotics
10.3.10. Minerals
10.3.11. Antioxidants
10.3.12. Non-protein nitrogen
10.3.13. Phytogenics
10.3.14. Preservatives
10.3.15. Probiotics
10.4. Europe Feed Additives Market, By Livestock
10.4.1. Ruminants
10.4.2. Poultry
10.4.3. Swine
10.4.4. Aquatic animal
10.4.5. Others (equine and pets)
10.5. Europe Feed Additives Market, By Form
10.5.1. Dry
10.5.2. Liquid
10.6. Europe Feed Additives Market, By Source
10.6.1. Natural
10.6.2. Synthetic
10.7. Europe Feed Additives Market Attractiveness Index
10.7.1. By Country
10.7.2. By Type
10.7.3. By Livestock
10.7.4. By Form
10.7.5. By Source
11. Asia Pacific Feed Additives Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Country
11.2.1. China Feed Additives Market
11.2.2. India Feed Additives Market
11.2.3. Japan Feed Additives Market
11.2.4. Australia And New Zealand Feed Additives Market
11.2.5. South Korea Feed Additives Market
11.2.6. ASEAN Feed Additives Market
11.2.7. Rest of Asia Pacific Feed Additives Market
11.3. Asia Pacific Feed Additives Market, By Type
11.3.1. Amino acids
11.3.2. Phosphates
11.3.3. Vitamins
11.3.4. Acidifiers
11.3.5. Carotenoids
11.3.6. Enzymes
11.3.7. Mycotoxin detoxifiers
11.3.8. Flavors & sweeteners
11.3.9. Antibiotics
11.3.10. Minerals
11.3.11. Antioxidants
11.3.12. Non-protein nitrogen
11.3.13. Phytogenics
11.3.14. Preservatives
11.3.15. Probiotics
11.4. Asia Pacific Feed Additives Market, By Livestock
11.4.1. Ruminants
11.4.2. Poultry
11.4.3. Swine
11.4.4. Aquatic animal
11.4.5. Others (equine and pets)
11.5. Asia Pacific Feed Additives Market, By Form
11.5.1. Dry
11.5.2. Liquid
11.6. Asia Pacific Feed Additives Market, By Source
11.6.1. Natural
11.6.2. Synthetic
11.7. Asia Pacific Feed Additives Market Attractiveness Index
11.7.1. By Country
11.7.2. By Type
11.7.3. By Livestock
11.7.4. By Form
11.7.5. By Source
12. Middle East Feed Additives Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Country
12.2.1. GCC Countries Feed Additives Market
12.2.2. Israel Feed Additives Market
12.2.3. Rest of Middle East Feed Additives Market
12.3. Middle East Feed Additives Market, By Type
12.3.1. Amino acids
12.3.2. Phosphates
12.3.3. Vitamins
12.3.4. Acidifiers
12.3.5. Carotenoids
12.3.6. Enzymes
12.3.7. Mycotoxin detoxifiers
12.3.8. Flavors & sweeteners
12.3.9. Antibiotics
12.3.10. Minerals
12.3.11. Antioxidants
12.3.12. Non-protein nitrogen
12.3.13. Phytogenics
12.3.14. Preservatives
12.3.15. Probiotics
12.4. Middle East Feed Additives Market, By Livestock
12.4.1. Ruminants
12.4.2. Poultry
12.4.3. Swine
12.4.4. Aquatic animal
12.4.5. Others (equine and pets)
12.5. Middle East Feed Additives Market, By Form
12.5.1. Dry
12.5.2. Liquid
12.6. Middle East Feed Additives Market, By Source
12.6.1. Natural
12.6.2. Synthetic
12.7. Middle East Feed Additives Market Attractiveness Index
12.7.1. By Country
12.7.2. By Type
12.7.3. By Livestock
12.7.4. By Form
12.7.5. By Source
13. Africa Feed Additives Market, By Region
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market Revenue (US$Mn) and Volume (kt) Forecast, By Country
13.2.1. South Africa Feed Additives Market
13.2.2. Egypt Feed Additives Market
13.2.3. North Africa Feed Additives Market
13.2.4. Rest of Africa Feed Additives Market
13.3. Africa Feed Additives Market, By Type
13.3.1. Amino acids
13.3.2. Phosphates
13.3.3. Vitamins
13.3.4. Acidifiers
13.3.5. Carotenoids
13.3.6. Enzymes
13.3.7. Mycotoxin detoxifiers
13.3.8. Flavors & sweeteners
13.3.9. Antibiotics
13.3.10. Minerals
13.3.11. Antioxidants
13.3.12. Non-protein nitrogen
13.3.13. Phytogenics
13.3.14. Preservatives
13.3.15. Probiotics
13.4. Africa Feed Additives Market, By Livestock
13.4.1. Ruminants
13.4.2. Poultry
13.4.3. Swine
13.4.4. Aquatic animal
13.4.5. Others (equine and pets)
13.5. Africa Feed Additives Market, By Form
13.5.1. Dry
13.5.2. Liquid
13.6. Africa Feed Additives Market, By Source
13.6.1. Natural
13.6.2. Synthetic
13.7. Africa Feed Additives Market Attractiveness Index
13.7.1. By Country
13.7.2. By Type
13.7.3. By Livestock
13.7.4. By Form
13.7.5. By Source
14. Recommendation
14.1. Market Strategy
15. Competitive Landscape
15.1. Competition Dashboard
15.2. List and Company Overview of Global Key Players
15.3. Company Profiles
15.3.1. Cargill
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Key Developments
15.3.1.5. Business Strategies
15.3.2. DowDuPont
15.3.3. ADM
15.3.4. Evonik
15.3.5. BASF
15.3.6. DSM
15.3.7. Solvay
15.3.8. Ajinomoto
15.3.9. Novozymes
15.3.10. Chr. Hansen
15.3.11. InVivo
15.3.12. Nutreco
15.3.13. Kemin
15.3.14. Adisseo
15.3.15. Alltech
16. Acronyms
The feed additives market is estimated to reach at a value of US$ 40.7 Bn by the end of 2022 and expected to reach at a value of US$ 65.3 Bn by 2030 with a significant CAGR of 6.1%.
The base year for the report is 2021 in feed additives market.
The global feed additives market is segmented on the basis of type, livestock, form, source and regions
The global feed additives market is dominated by Cargill, DowDuPont, ADM, Evonik, BASF, DSM, Solvay, Ajinomoto, Novozymes, Chr. Hansen, InVivo, Nutreco, Kemin, Adisseo, and Alltech, among others.
