Organic Feed Additives Market Research Report - Global Forecast till 2027

Global Organic Feed Additives Market Research Report: Information by Type (Amino Acids, Vitamins, Minerals, Acidifiers, Antioxidants, Pre & Probiotics, Flavours & Sweeteners and Others), Livestock (Ruminants, Swine, Poultry, Aquaculture and Others), Form (Dry and Liquid) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/AGR/2701-HCR | November 2022 | Region: Global | 110 Pages         

Organic Feed Additives Market

Organic Feed Additives Market is expected to grow at a 5.6% CAGR and reach USD 46.9 billion by 2030.

Segmentation

By Type Amino Acids Vitamins Minerals Acidifiers Antioxidants Pre & Probiotics Flavours & Sweeteners Others
By Livestock Ruminants Swine Poultry Aquaculture Others
By Form Dry Liquid
By Region North America Europe Asia-Pacific Rest of the World

Key Players

  • Evonik Industries AG (Germany)
  • Cargill Incorporated (US)
  • Archer Daniels Midland Company (US)
  • Chr. Hansen Holding A/S (Denmark)
  • BASF SE (Germany)
  • Bluestar Adisseo (France)
  • Invivo NSA (France)
  • Nutreco (Netherlands)
  • DSM (Netherlands)
  • Kemin (US)

Drivers

  • Augmenting demand for animal protein
  • increasing awareness regarding the benefits of organic products
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Market Scenario


The demand for organic food products has witnessed high growth in the last few years. The growing environmental concerns and increasing awareness regarding the benefits of organic products are the major factors affecting the demand for organic products, such as pulses, milk, eggs, meat products, and fruits & vegetables. This has increased focus on organic livestock farming and contributed to the demand for organic feed and feed additives. Organic Feed Additives Market is expected to reach USD 17.2 Billion by 2024 and is expected to register 5.2% CAGR during the forecast period. Organic feed additives are additives that are permitted in organic feed production. However, the high cost and fluctuating raw material prices are the major factors restraining the growth of the market.


Segmentation


The global organic feed additives market has been segmented based on type, livestock, form, and region.


Based on type, the global organic feed additives market has been classified into amino acids, vitamins, minerals, acidifiers, antioxidants, pre & probiotics, flavors & sweeteners, and others.


Based on livestock, the global organic feed additives market has been segmented into ruminants, swine, poultry, aquaculture, and others.


Based on form, the global organic feed additives market has been divided into dry and liquid.


The global organic feed additives market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American organic feed additives market has further been categorized into the US, Canada, and Mexico. The European organic feed additives market has been segmented into Germany, France, Italy, Spain, the UK, and the rest of Europe. The organic feed additives market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The organic feed additives market in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players


Evonik Industries AG (Germany), Archer Daniels Midland Company (US), Cargill, Incorporated (US), Chr. Hansen Holding A/S (Denmark), Bluestar Adisseo (France), BASF SE (Germany), Invivo NSA (France), DSM (Netherlands), Nutreco (Netherlands), and Kemin (US) are some of the key players operating in the Global Organic Feed Additives Market.


Regional Market Summary


Global Organic Feed Additives Market Share (%), by Region, 2018  Organic Feed Additives Market


Livestock: Secondary Livestock and MRFR Analysis


North America is expected to dominate the organic feed additives market. The demand for organic meat and animal-based products in the region is the major driving factor for the need for organic feed, and thus, for organic feed additives.


Asia-Pacific is the fastest-growing market owing to the growing commercial livestock farming and increasing awareness of organic feed additives in the region. China, India, and Australia & New Zealand are the major contributors to the growth of the regional market.


Global Organic Feed Additives Market, by Type



  • Amino Acids

  • Vitamins

  • Minerals

  • Acidifiers

  • Antioxidants

  • Pre & Probiotics

  • Flavors & Sweeteners

  • Others


Global Organic Feed Additives Market, by Livestock



  • Ruminants

  • Swine

  • Poultry

  • Aquaculture

  • Others


Global Organic Feed Additives Market, by Form



  • Dry

  • Liquid


Global Organic Feed Additives Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience



  • Organic feed additives manufacturers

  • Feed manufacturers

  • Dealers and distributors

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



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Frequently Asked Questions (FAQ) :

organic feed additives market is projected to grow at approximately 5.2% CAGR during the assessment period (2019-2024).

organic feed additives market is estimated to reach a valuation of approx. USD 17.2 BN by the end of 2024.

Augmenting demand for animal protein and increasing awareness regarding the benefits of organic products, are the major tailwinds pushing the growth of the global organic feed additives market.

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

Evonik Industries AG (Germany), Cargill, Incorporated (US), Archer Daniels Midland Company (US), Chr. Hansen Holding A/S (Denmark), BASF SE (Germany), Bluestar Adisseo (France), Invivo NSA (France), Nutreco (Netherlands), DSM (Netherlands), and Kemin (US), are some of the top players operating in the global organic feed additives market.