Feed Additives Market Research Report -Forecast till 2030

Feed Additives Market Research Report: Information by Type (Amino Acids, Vitamins, Carotenoids, Enzymes, Prebiotics & Probiotics, Minerals, Acidifiers, Lipids, and others), Form (Dry and Liquid), Livestock (Poultry, Swine, Ruminants, and others) and Region (North America, Europe, Asia-Pacific, Rest of the World) - Forecast till 2030

ID: MRFR/AGR/3665-CR | July 2019 | Region: Global | 105 Pages         

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Feed Additives Market

Feed additives market size is projected to present a 7.2% CAGR to reach USD 49.4 billion by 2030.

By Type Amino Acids Vitamins Carotenoids Enzymes Prebiotics & Probiotics Minerals Acidifiers Lipids Others
By Form Dry Liquid
By Livestock Poultry Swine Ruminants Others
Key Players
Companies Profiled   Cargill Inc    DSM Nutritional Products AG    Novus International    Evonik Industries    Nutrition NV    Bluestar Adisseo Co. Ltd    BASF SE    Sumitomo Chemical
Market Driving Forces   Growth In Compound Feed Industry    Increasing Production Of Industrial Livestock
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Feed Additives Market Overview:

Feed additives market size is projected to reach USD 49.4 Billion with a CAGR of 7.2% during the forecast period of 2022 to 2030.

The feed additives market is experiencing a moderate growth rate and is expected to remain the same during the forecast. One of the main limitations of the market includes the increasing use of antibiotics in livestock.

As the demand for the consumption of animal products such as meat, milk, and eggs among others grows, the use of antibiotics in feed has an obvious impact on humans. In view of this influence, the European Union has banned antibiotics as growth promoters. As a result, manufacturers operating in the market of food additives buy products from plants, animals, and microorganisms.

Farmers find that monogastric animals find it difficult to synthesize vitamin B in their bodies. As a result, they are looking for feed additives to give the right nutrition to their animals and improve their production. In addition, the emergence of several diseases found in livestock also leads to a greater awareness of producers to recognize and act on the benefits that animal additives bring.

Having witnessed an increase in demand from farmers, the leading companies operating in the food additives market are approaching development in unique ways. Feed additives market participants engage in development and research activities to offer effective feed additives. In addition, the focus has been on the expansion and development of product lines and their brand worldwide. For example, in March 2021, BASF SE announced the launch of phytase Natuphos E, an enzyme added to normal food to improve animal health in Indonesia.

Following the COVID-19 crisis, the feed additives market size has suffered a decline in its growth. This is due to the reduced demand for products of animal origin and the disruption in the supply chain.

Feed Additives Market Assessment:

The food additives market is segmented by region, type of additive, function, livestock, and form. Based on the type of additive, the market is classified into antioxidants, amino acids, food enzymes, vitamins, food acidifiers, minerals, antibiotics, binders, and others. The amino acid segment is further classified into lysine, methionine, tryptophan, threonine, and others. The antioxidant segment is sub segmented into ethoxycin, BHT, BHA and others. Food enzymes are subdivided into non-starch polysaccharides, phytase, xylanase, protease, and others. Feed acidifiers are subdivided into butyric acid, formic acid, acetic acid, fumaric acid and others. The vitamin segment is subdivided into fat-soluble and water-soluble. The minerals are then segmented into sources of copper, sources of zinc, sources of manganese and sources of iron. The binders are further broken down into guar gum (arabica), calcium wood sulphate and others. The antibiotic segment is subdivided into penicillin, tetracycline, and others. Based on livestock, the market is classified into aquatic animals, pigs, birds, daily and others (birds, horses, and pets). Depending on the shape, it is classified as liquid, dry and others. Depending on the function, it is divided into multifunctional and a single function. Based on the region, it is analyzed in Europe, North America, and Asia Pacific.

Feed Additives Industry - Scope of the Report:

Feed additives are products that improve the nutrition of animals and are added to feed to provide complete nutrition for farm animals. The end consumers of feed additives are feed mills that manufacture compound feed for animals. Feed additives market growth does not include the additions purchased from farmers to supplement the quality of home-cooked meals.

The feed additives market was segmented by geography, type of animal and type of additive. The additive type segmentation includes only additives added to compound feeds, and the same additives are given directly to animals (as premixes) without addition to the feed.

Birds Occupy the Largest Market

Poultry food additives hold one of the largest stocks in the global feed additives market size, due to the strong demand for chicken meat increased by the consumption of processed chicken in countries like China, USA, Australia, India, Brazil, Russia and Japan. It is anticipated that the growing demand for processed protein and meat diet, due to the increase in domestic income levels, will continue to drive the demand for feed. This factor, in turn, will lead to greater use of nutrient additives on several farms. The per capital consumption of chicken meat is highest in the United States and Israel with 49.8 kg / capita and 58.5 kg / capita respectively, in 2021.

Cargill, one of the world's leading feed supplement companies, has expanded its facility in Ohio, producing about 86,000 tons of animal feed annually. The company also opened a facility in the Philippines in 2021 to meet the growing demand of medium-sized and large livestock farms and feed producers in the Southeast Asian and Philippines countries.

Increased Demand for Organic Animal Production

Farm animals are often affected by diseases such as swine flu, bird flu, infections in the feet and mouth, which has raised concerns regarding the quality and safety of meat products. This increased the demand for grains such as wheat, barley and maize from other commercial feeds is expected to hinder market growth.

The rise of advanced technologies, fluctuating regulatory trends, along with consequent improvements in final production based on the type of feed is driving the market.

Livestock Additives Are Marketed by Livestock

Increase in the consumption of meat products due to the demand for energy in North America.

Due to the high consumption of meat, North America exhibits a high demand for quality meat. Thus, to obtain high quality meat, complete nutritional additives are given to the animals so that they have good digestion to gain more weight and muscle. This is important to increase the productivity and yield of the animals. This then boosts the market for nutrient additives.

An important point to note here is that beef consumption in the United States has steadily increased from 1970 to 2021. Currently chicken and meat consumption in the United States is more than 100 billion pounds annually. The nation has therefore emerged as a major consumer of nutritional supplements. In addition, the increase in meat consumption has driven the use of feed additives in various segments such as daily, livestock, aquatic animals, birds and pigs.

Competition In Feed Additives Market:

Cargill Inc, DSM Nutritional Products AG, Novus International, Evonik Industries, Nutrition NV, Bluestar Adisseo Co. Ltd and BASF SE, Sumitomo Chemical. These companies are primarily focused on expanding their companies and implementing strategies such as acquisitions and mergers and product innovations and expansions.

Companies, such as BASF SE, work with business partners, farmers and research institutions to offer feed solutions, tailored to the needs of the animals. BASF recently established a plant in Ludwigshafen, Germany, for the expansion of the existing vitamin A plant with 600 machines and 4,000 pipelines to be integrated into the process control system by the end of 2021.

Feed Additives Market Research Methodology:

A key factor for our excellent market research accuracy is the expert and data research methodologies. We combine an eclectic mix of data science, experience, machine learning and analysis to develop research methodologies that result in realistic multidimensional market analysis.

In poultry, vitamins additives for feed can help provide the proper nutrition necessary to combat the stress of being grown in required conditions. Providing the right kind of vitamins according to the species and their nutritional needs can lead to extended shelf life, better egg and meat quality and translate into better availability of essential nutrients for human consumption.

To improve the growth, milk and meat production of cattle, minerals and vitamins are considered essential in the diet of sheep, cattle and goats. The natural grazing food of these animals does not always contain an essential balance of these foods. Apparently, the lack of certain vitamins can decrease the lifespan of the animals and their productivity due to problems such as bone malformations.

How Feed Additives Market Size Will Develop

The growth of consumption of meat and milk products worldwide to obtain proteins and various foods is expected to accelerate the feed additives market. Food additives are consistent components of the growing meat production industry worldwide. It is known that these food additives are the catalysts that help various activities, such as vitamin intake, improving the rate of weight gain in animals, digestion, disease prevention and preservation, which result in improved quality of meat production. Due to these factors, the market demand for feed additives must be considerably increasing. The demand for forage additives from plants is likely to remain exceptionally high during the forecast.

The growing world population, especially in Asia-Pacific, will create a huge demand for food of animal origin and present major challenges to maintaining the production and quality of food in the coming decades. The constant increase in the consumption of packaged meat and the emergence of key trends, such as prepared meals, will lead in an appropriate manner, to the implementation of strict quality control measures.

Key Benefits for Stakeholders

  • The report gives important information on the strategic analysis of the industry by several companies and the analysis of the value chain of food additives.

  • A comprehensive analysis is conducted because of the product monitoring, benchmark and positioning of the main competitors in the global market.

  • The report provides a comprehensive analysis of the size and trends of the feed supplement market from 2022 to 2030 to determine existing opportunities.

  • The report gives market trends for additives for extensive and quality livestock in significant segments or regions.

  • A comprehensive analysis of the factors that drive and limit feed additives market growth is given.


Report Scope:

Report Attribute/Metric Details
  Market Size   49.4 Billion
  CAGR   7.2%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Form, Livestock, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cargill Inc, DSM Nutritional Products AG, Novus International, Evonik Industries, Nutrition NV, Bluestar Adisseo Co. Ltd and BASF SE, Sumitomo Chemical
  Key Market Opportunities   Increasing Demand For Nutritional Supplements For Mono-Gastric Animals
  Key Market Drivers   Growth In Compound Feed Industry, Increasing Production Of Industrial Livestock

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Frequently Asked Questions (FAQ) :

feed additives market is projected to grow at approximately 7.2% CAGR during the assessment period (2022-2030).

Feed additives market is estimated to reach a valuation of approx. USD 49.4 Billion by the end of 2030.

Alltech Inc. (U.S.), Cargill Inc. (U.S.), Evonik Industries (Germany), Archer-Daniels-Midland Company (U.S.), Danisco A/S (Denmark), BASF SE (Germany), and Adisseo France SAS (France), are some of the top players operating in the global feed additives market.

Europe holds the largest share in the global feed additives market, followed by North America and the Asia Pacific, respectively.

Changing lifestyle, increasing consumer preferences for healthy diet, and augmenting meat consumption, are major tailwinds pushing the growth of the global feed additives market.