Feed Preservatives Market Research Report - Global Forecast till 2028

Global Feed Preservatives Market: Information by Type (Acidifiers, Antioxidants, Mold Inhibitors and Anticaking Agents), Livestock (Poultry, Ruminants, Swine, Aquaculture and others), Feed Type (Compound Feed, Feed Premixes and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2028

ID: MRFR/AGR/3929-CR | October 2019 | Region: Global | 150 pages         

Global Feed Preservatives Market

Feed Preservatives Market Size was valued at US$ 5.2 billion. in 2021. expected to grow at a CAGR of 8.1 % to US$ 10.4 billion in 2027 forecast period.

Segmentation

By Type Acidifiers Antioxidants Mold Inhibitors Anticaking Agents
By Livestock Poultry Ruminants Swine Aquaculture Others
By Feed Type Compound Feed Feed Premixes Others

Key Players

  • Nutrition N.V. (Netherlands)
  • Kemin Industries Inc. (United States)
  • Biomin Holding GmbH (Austria) Impextraco NV (Belgium)
  • Merck Animal Health (USA)
  • Novus International Inc. (USA)
  • Alltech Inc. (USA)

Drivers

  • Expanding Livestock Industry
  • Increasing Focus On Feed Quality
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Global feed preservatives market overview:


Preservatives play an important role in food preservation. Preserves for feed are used in feedstuffs of animals to avoid any damage to the feed and increase the preservability. Especially in feeds, antioxidants or preservatives are essential to prevent oxygenation of animal oils and fats. They are also essential in dry feeds. Preserves are available in two forms, namely artificial or naturalpreserves. Artificial preservatives are also called synthetic preservatives. Natural preservatives appear naturally in various forms, such as vitamin E, citric acid and rosemary. They also offer anti-inflammatory health benefits.


The feed preservative ecosystem consists of special chemical manufacturers, such as Perstorp Holding AB (Sweden), among others; manufacturers of additives and premixtures, such as Nutrition N.V. (Netherlands),Kemin Industries, Inc. (United States), Biomin Holding GmbH (Austria) and Impextraco NV (Belgium) among others;animal nutrition and health companies, such as Merck Animal Health (USA), Novus International, Inc. (USA), Alltech, Inc. (USA), Dupont Nutrition & Health (USA) and BASF Animal Nutrition (Germany) among others; and feed manufacturers, such as ADM Co. (United States) and Cargill Incorporated (USA) among others.


Global animal feed preservatives market growth factors:


Feed preservatives are widely preferred in the feed premix industry, so the demand for feed preservatives is growing rapidly; this expects growth in the global market. They are also used in a wide range of applications, being the global feed preservative in the future. Pre-mixtures for feed are widely accepted in the market of forage preservatives due to the greater need to preserve the quality of premix ingredients, including minerals,amino acids and vitamins which are easily perishable and can deteriorate in the presence of light and heat. The growing demand for feed premixes to maintain animal health is designed to encourage the use of feed preservatives, and by many suppliers to maintain the quality of the premix.


Global feed preservatives application market segmentation:


The global market for feed preservatives is classified according to the types of feed, such asfeed premix, silage, compound feed,feed flour, and others. Based on species, the global market is fragmented as antioxidants, mold inhibitors and acidifiers for feeds.The geographic region is segmented into Europe,Asia-Pacific, Latin America, North America, and the Middle East. Based on livestock, the global market for preservative feeds is segregated into poultry, aquaculture, pigs, livestock, and others.


In 2016, the segments of dairy, meat, sea-feed, poultry and frozen feeds accounted for the largest share in the global food market. In terms of value, these applications accounted for more than two-fifths of the overall market share.


The frozen and dairy feed segment is the largest investment in the feed market, due to the increased demand for combined application of synthetic preservatives. The increase of demand for ready-to-eat feed products and the extension of the useful life of the product await the growth of market.


Regionally, the global market is divided intothe Middle East and Africa, Europe, North America, Latin America and Asia-Pacific.


Regional Analysis


Further details on the rest of Europe feed conservative markets in Poland, the UK, the Netherlands and Italy. Further details on the market on the rest of Latin America for food preserves inVenezuela, Chile and Colombia. Further analysis of the rest of the Asia-Pacific market for beef feed preserves in Vietnam, Australia,Thailand and Indonesia. Further details on the food preservation market of other countries in the rest of the world region in Israel, Iran, Egypt and Saudi Arabia.


Feed preservatives market analysis:


According to the type of feed, the global market for feed is divided into:



  • Silage

  • Composition

  • Feed Flour

  • Feed premix

  • Others


According to the type, the global feed market has been divided into:



  • Anti-caking agents

  • Mold inhibitors

  • Nourish antioxidants

  • Food acidifiers


According to the Region, the Global Feed Market has been divided into:



  • Rest of the world

  • Asia Pacific

  • North America

  • Latin America

  • Europe


According to Livestock, the Global feed Market has been divided into:



  • Poultry feed market ingredients.

  • Preservatives in farmed fish feed,

  • Horse feed no artificial preservatives,

  • Other animals (sheep, pigs,pets and goats)


Detailed analysis of the history of market participants:


The growth rate of feed market is growing at a growth rate of 9.40% as of 2016, reaching US $ 5.7 billion in 2022. Rising awareness of customized formulations and food management practices to reduce production costs and improve livestock health has increased investment in food-rich products. and high-quality feed products and thus developed the need for feed additives such as acidifiers, mold inhibitors and anti-caking agents to maintain feed quality.


The food acidifier segment is said to be the fastest growing segment in the food storage market from 2016 to 2024, due to its extensive use as acidity regulator, an antiseptic and intestinal health booster.The growing demand for cheap acidifiers in the chicken and pork sectors is expected to play an important role in shaping the market in the coming years.


The poultry segment accounted for the largest market share in preservatives for feed in 2015, due to the growing growth of the poultry industry as an organized sector inLatin America and the Asia-Pacific regions. With the increasing use of feed supplements and additives to improve livestock productivity, the demand for acidifiers is also expected to grow strongly, especially among monogastric species such as pigs and poultry.


The use of preservatives for feed in compound feeds has stood out for its effectiveness in maintaining the quality of the feed during storagein the silo and transport. With increasing flexibility and competition in the prices of essential for control and raw materials, the efficient use of preservatives in forage has become a priority for feed producers.


The Asia-Pacific region is the fastest growing market for feed preservatives from 2016 to 2024, while the European region was the largest feed preservative market in 2015.  In the Asia-Pacific region, the shift to organized agriculture in aquaculture and poultry sections in emerging markets such as Thailand, India,Malaysia, China, Indonesia and Vietnam has been an acceleration to market growth.In Europe, strict regulatory restrictions on antibiotics and growing popularity for feed acidifiers as a suitable alternative were major reasons for its large market share in 2015.


However, the decline in global prices for agricultural end products can lead to significant cost-cutting resources on the product front, which is shown to be a limiting factor for market growth. According to Markets major players like Novus International, Inc. (United States), Kemin Industries, Inc. (United States), Alltech, Inc. (USA), Cargill, Incorporated (USA),Nutreco NV (Netherlands),Biomin Holding GmbH (Austria) and BASF SE (Germany) have implemented different strategies to achieve development and growth in the global food market. Expansion, acquisitions and mergers have been considered the most profitable strategy among the major players in the last five years, which, eventually, should result in the consolidation of the market globally.


Asia-Pacific feed market


Consumption of food preservatives in the Asia-Pacific is expected to increase, aided by population growth,steady economic growth and feed/ beverage development. Emerging markets, such as India and China are expected to show the largest increase in demand for feeds during the forecast. Great development in the application of prepared feeds, poultry and meat is expected to accelerate the feed market.


Large companies have adopted mergers, co-operation, expansions and product launches to maintain intense competition in this market. The main participants analyzed in the report include Kemin Industries, Inc.,Danisco A / S, Akzo Nobel N.V.,Hawkins Watts Limited, Tate & Lyle, Kerry Group., Cargill, Incorporated, Celanese Corporation, Koninklijke DSM N.V and Univar Inc,.


Other market participants in the value chain include PuracBiochem B.V., Kilo Ltd.,Brenntag Solutions Group, Inc., Ajinomoto Co. Inc. and Albemarle Corporation,. Galactic, E.I. of the Nemours Bridge and Company,.


The report targets existing industry participants, which include:


Feed integrators and feed ingredients and Feed manufacturers.


Biotechnology companies involved in the production of organic antioxidants and acids.


Beef distributors, feed traders and processors.


Breeders and food associations.


Agricultural research organizations


Government agencies and regulatory authorities.


Global market for feed: competitive players


Some major participants in the feed market are Biomin Holding GmbH and Novus International, Inc.EI du Pont de Nemours and Company,Perstorp Holding AB, Alltech, Inc., Other participants include  Impextraco NV, Kemin Industries, Inc.,Cargill, Incorporated, and Nutreco NV among others.


Research Methodology:


The research methodology used to predict and assess the conservative feed market begins by capturing data on the main participants and their revenues from secondary sources, such as annual reports. The overall size of the feed preservation market was obtained using thorough procedure of its use in different types of livestock farming, which was validated through secondary research and primary interviews. Then, a top-down procedure was used to assess the sizes of other sub-segments based on the ingredients and type of nutrition in the entire market, which were then monitored by An initial survey that interviewed key people, such as supervisors, directors, CEOs, and VPs. The data market and triangular analysis procedures were used to complete the overall market engineering process and arrive at the correct statistics for all sub-segments and segments.


Key benefits for stakeholders


The main players are outlined and their strategies for determining the competitive outlook of the market.


The report provides an in-depth analysis of upcoming estimates and current trends of the global food market.


A comprehensive analysis of the industry is done after the positioning of the key control and product of the main competitors within the market structure.


An in-depth analysis of the industry is done by market estimates of the main segments from 2017 to 2024.


A comprehensive analysis of the factors limiting and driving the market are given.


The competitive intelligence of leading food preserving distributors and manufacturers helps to understand the competitive landscape in all geographies.



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Frequently Asked Questions (FAQ) :

Feed preservatives market is projected to grow at a 9.0% CAGR between 2018-2024.

The Asia Pacific is expected to dominate the feed preservatives market.

Feed preservatives market is predicted to touch USD 4,064.1 million by 2024.

The compound feed segment will dominate the feed preservatives market.

The poultry segment will lead the feed preservatives market.