The latest report published by IMARC Group, titled “Feed Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on feed additives industry share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global feed additives market size reached US$ 39.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 59.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.

Feed additives are substances added to animal feeds to enhance their nutritional value, improve feed efficiency, and promote animal health and performance. These additives can be manufactured through various processes including chemical synthesis, fermentation, extraction from natural sources, and microbial fermentation. Aspects such as safety, efficacy, and regulatory compliance are crucial during manufacturing to ensure that the additives meet quality standards. The importance of feed additives lies in their ability to address nutrient deficiencies, mitigate the negative effects of stressors, and enhance overall animal health and productivity. These additives have extensive uses in the livestock and poultry industries, incorporating them into feeds for various species such as cattle, poultry, swine, and aquaculture.

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Market Trends:

The global market is primarily driven by the increasing demand for animal-derived products due to the rising concerns about animal health and welfare. Additionally, the evolving consumer preferences towards healthier and sustainably sourced animal products are driving the demand for feed additives that promote natural growth and well-being in livestock is impelling market growth. Moreover, continual technological advancements and innovations in feed additive formulations, such as encapsulation techniques and nano-delivery systems, are opening up new avenues for market growth. Furthermore, the rising prevalence of livestock diseases and outbreaks necessitates the use of feed additives with immunomodulatory properties to bolster animal immunity and disease resistance, thereby providing an impetus to the market. In line with this, the growing trend towards sustainable agriculture practices and animal husbandry is driving the demand for eco-friendly feed additive solutions that reduce environmental footprint and promote resource efficiency is propelling market growth.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Cargill Incorporated
  • Archer Daniels Midland (ADM) Company
  • Dupont De Nemours Inc.
  • Evonik Industries AG
  • BASF SE
  • Koninklijke DSM N.V.
  • Solvay S.A.
  • Ajinomoto Co. Inc.
  • Novozymes A/S
  • Hansen Holding A/S
  • Invivo Communications Inc.
  • Nutreco N.V.
  • Kemin Industries, Inc.
  • Adisseo France SAS
  • Alltech

Feed Additives Market Segmentation:

Our report has categorized the market based on region, source, product type, livestock and form.

Source Insights:

  • Synthetic
  • Natural 

Product Type Insights:

  • Amino Acids
    • Lysine
    • Methionine
    • Threonine
    • Tryptophan
  • Phosphates
    • Monocalcium Phosphate
    • Dicalcium Phosphate
    • Mono-Dicalcium Phosphate
    • Defulorinated Phosphate
    • Tricalcium Phosphate
    • Others
  • Vitamins
    • Fat-Soluble
    • Water-Soluble
  • Acidifiers
    • Propionic Acid
    • Formic Acid
    • Citric Acid
    • Lactic Acid
    • Sorbic Acid
    • Malic Acid
    • Acetic Acid
    • Others
  • Carotenoids
    • Astaxanthin
    • Canthaxanthin
    • Lutein
    • Beta-Carotene
  • Enzymes 
    • Phytase
    • Protease
    • Others
  • Mycotoxin Detoxifiers
    • Binders
    • Modifiers
  • Flavors and Sweeteners
    • Flavors
    • Sweeteners
  • Antibiotics
    • Tetracycline
    • Penicillin
    • Others
  • Minerals 
    • Potassium
    • Calcium
    • Phosphorus
    • Magnesium
    • Sodium
    • Iron
    • Zinc
    • Copper
    • Manganese
    • Others
  • Antioxidants
    • Bha
    • Bht
    • Ethoxyquin
    • Others
  • Non-Protein Nitrogen
    • Urea
    • Ammonia
    • Others
  • Preservatives 
    • Mold Inhibitors
    • Anticaking Agents
  • Phytogenics 
    • Essential Oils
    • Herbs and Spices
    • Oleoresin
    • Others
  • Probiotics 
    • Lactobacilli
    • Stretococcus Thermophilus
    • Bifidobacteria
    • Yeast

Livestock Insights:

  • Ruminants
    • Calves
    • Dairy Cattle
    • Beef Cattle
    • Others
  • Poultry 
    • Broilers
    • Layers
    • Breeders
  • Swine 
    • Starters
    • Growers
    • Sows
  • Aquatic Animal
  • Others 

Form Insights:

  • Dry 
  • Liquid 

Regional Insights:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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