Product Code: A00131
The global animal feed additives market was valued at $22.9 billion in 2022, and is projected to reach $43.7 billion by 2032, growing at a CAGR of 6.7% from 2023 to 2032.
Animal feed additives are substances added to animal food to make it better for the animals. They can include vitamins, minerals, and other nutrients that animals need to stay healthy and grow. Some additives help animals digest their food better, while others strengthen their immune systems to keep them from getting sick. By adding these substances to their food, farmers can make sure that their animals get all the nutrition they need to be strong and healthy. This helps the animals grow faster, produce more milk or eggs, and stay healthy, which is good for both the animals and the people who rely on them for food.
The preference for phytogenic additives has surged in the animal-feed-additives market due to growing consumer demand for natural and sustainable solutions in livestock production. Phytogenic additives, derived from herbs, spices, and other plant materials, offer a natural alternative to synthetic additives and antibiotics. Consumers are increasingly concerned about the potential health and environmental impacts of chemical additives in animal feed, driving the shift towards phytogenics. Additionally, phytogenic additives are perceived to offer multiple benefits, including improved feed palatability, enhanced digestion, and immune stimulation in animals. With the rising awareness of the importance of gut health and the role of natural ingredients in promoting animal well-being, the demand for phytogenic additives has seen a significant uptick. As a result, manufacturers are investing in research and development to expand their phytogenic additive portfolios, catering to the growing market demand for natural, plant-based solutions in animal nutrition. This trend aligns with broader consumer preferences for clean-label products and sustainable agricultural practices, driving the continued growth of the animal-feed-additives market.
Moreover, the focus on gut health has surged the market demand for animal feed additives due to growing recognition of the pivotal role gut health plays in animal well-being and performance. Consumers and producers alike are increasingly aware of the importance of maintaining a healthy gut microbiome in animals to enhance digestion, nutrient absorption, and overall immunity. This heightened awareness has led to a significant shift towards the use of feed additives such as prebiotics, probiotics, organic acids, and phytogenics, which target gut health and promote a balanced microbial environment in the digestive tract. Furthermore, research highlighting the link between gut health and various aspects of animal production, including growth rate, feed efficiency, and disease resistance, has bolstered the demand for specialized feed additives. As a result, manufacturers are innovating and expanding their product portfolios to offer a wide range of gut health-focused additives, catering to the evolving needs of livestock producers seeking to optimize animal performance while ensuring animal welfare and sustainability in animal production systems.
The global animal feed additives market is segmented based on additive type, livestock, form, function, and region. Based on additive type, the market is categorized into amino acids, antioxidants, feed enzymes, feed acidifiers, vitamins, minerals, binders, antibiotics, and others. As per livestock, the market is categorized into swine, ruminants, poultry, aquatic animals, and others (equine, pets, and birds). Based on form, it is classified into dry, liquid, and others. According to function, it is fragmented into single function and multifunction. Region wise, it is analyzed across North America, Europe, Asia-Pacific, LA, and MEA.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the global animal feed additives industry include BASF SE, Cargill, Inc., Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Addcon Group, Aliphos Belgium S.A., Kemin Industries Inc., Koninklijke DSM N.V., and Phibro Animal Health Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the animal feed additives market analysis from 2022 to 2032 to identify the prevailing animal feed additives market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the animal feed additives market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global animal feed additives market trends, key players, market segments, application areas, and market growth strategies.
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- Consumer Buying Behavior Analysis
- End user preferences and pain points
- Installed Base analysis
- Product Benchmarking / Product specification and applications
- Distributor margin Analysis
- Go To Market Strategy
- Market share analysis of players by products/segments
- Average Selling Price Analysis / Price Point Analysis
- Brands Share Analysis
- Criss-cross segment analysis- market size and forecast
- Expanded list for Company Profiles
Key Market Segments
By Additive Type
- Antioxidants
- Feed enzymes
- Feed acidifiers
- Vitamins
- Minerals
- Binders
- Antibiotics
- Others (sweeteners and flavors)
- Amino acids
By Livestock
- Swine
- Ruminants
- Poultry
- Aquatic Animals
- OTHERS
By Form
By Function
- Single Function
- Multifunction
By Region
- North America
- Europe
- Spain
- Russia
- Germany
- France
- Netherlands
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Indonesia
- South Korea
- Rest Of Asia Pacafic
- Latin America
- Brazil
- Argentina
- Rest of LAMEA
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest Of Mea
Key Market Players:
- SHV Holdings N.V.
- BASF SE
- Cargill Incorporated
- PHIBRO ANIMAL HEALTH CORPORATION
- KEMIN INDUSTRIES INC
- Evonik Industries AG
- ADDCON GROUP GMBH
- ALIPHOS BELGIUM SA
- Archer-Daniels-Midland Company
- Koninklijke DSM N.V.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growth in consumer awareness of food safety and animal welfare
- 3.4.1.2. Increase in demand for high-quality animal protein products
- 3.4.2. Restraints
- 3.4.2.1. Volatility in raw material prices affecting production costs
- 3.4.2.2. Limited consumer awareness and acceptance of novel additives
- 3.4.3. Opportunities
- 3.4.3.1. Growth in meat consumption in emerging markets
- 3.4.3.2. Expansion of aquaculture and pet food industries
- 3.5. Market Share Analysis
- 3.6. Brand Share Analysis
- 3.7. Value Chain Analysis
- 3.8. Key Regulation Analysis
CHAPTER 4: ANIMAL FEED ADDITIVES MARKET, BY ADDITIVE TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Amino acids
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Antioxidants
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Feed enzymes
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Feed acidifiers
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Vitamins
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- 4.7. Minerals
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
- 4.8. Binders
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
- 4.9. Antibiotics
- 4.9.1. Key market trends, growth factors and opportunities
- 4.9.2. Market size and forecast, by region
- 4.9.3. Market share analysis by country
- 4.10. Others (sweeteners and flavors)
- 4.10.1. Key market trends, growth factors and opportunities
- 4.10.2. Market size and forecast, by region
- 4.10.3. Market share analysis by country
CHAPTER 5: ANIMAL FEED ADDITIVES MARKET, BY LIVESTOCK
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Swine
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Ruminants
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Poultry
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Aquatic Animals
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. OTHERS
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: ANIMAL FEED ADDITIVES MARKET, BY FORM
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Dry
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Liquid
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Others
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
CHAPTER 7: ANIMAL FEED ADDITIVES MARKET, BY FUNCTION
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Single Function
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Multifunction
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
CHAPTER 8: ANIMAL FEED ADDITIVES MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Additive Type
- 8.2.3. Market size and forecast, by Livestock
- 8.2.4. Market size and forecast, by Form
- 8.2.5. Market size and forecast, by Function
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Market size and forecast, by Additive Type
- 8.2.6.1.2. Market size and forecast, by Livestock
- 8.2.6.1.3. Market size and forecast, by Form
- 8.2.6.1.4. Market size and forecast, by Function
- 8.2.6.2. Canada
- 8.2.6.2.1. Market size and forecast, by Additive Type
- 8.2.6.2.2. Market size and forecast, by Livestock
- 8.2.6.2.3. Market size and forecast, by Form
- 8.2.6.2.4. Market size and forecast, by Function
- 8.2.6.3. Mexico
- 8.2.6.3.1. Market size and forecast, by Additive Type
- 8.2.6.3.2. Market size and forecast, by Livestock
- 8.2.6.3.3. Market size and forecast, by Form
- 8.2.6.3.4. Market size and forecast, by Function
- 8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Additive Type
- 8.3.3. Market size and forecast, by Livestock
- 8.3.4. Market size and forecast, by Form
- 8.3.5. Market size and forecast, by Function
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. Spain
- 8.3.6.1.1. Market size and forecast, by Additive Type
- 8.3.6.1.2. Market size and forecast, by Livestock
- 8.3.6.1.3. Market size and forecast, by Form
- 8.3.6.1.4. Market size and forecast, by Function
- 8.3.6.2. Russia
- 8.3.6.2.1. Market size and forecast, by Additive Type
- 8.3.6.2.2. Market size and forecast, by Livestock
- 8.3.6.2.3. Market size and forecast, by Form
- 8.3.6.2.4. Market size and forecast, by Function
- 8.3.6.3. Germany
- 8.3.6.3.1. Market size and forecast, by Additive Type
- 8.3.6.3.2. Market size and forecast, by Livestock
- 8.3.6.3.3. Market size and forecast, by Form
- 8.3.6.3.4. Market size and forecast, by Function
- 8.3.6.4. France
- 8.3.6.4.1. Market size and forecast, by Additive Type
- 8.3.6.4.2. Market size and forecast, by Livestock
- 8.3.6.4.3. Market size and forecast, by Form
- 8.3.6.4.4. Market size and forecast, by Function
- 8.3.6.5. Netherlands
- 8.3.6.5.1. Market size and forecast, by Additive Type
- 8.3.6.5.2. Market size and forecast, by Livestock
- 8.3.6.5.3. Market size and forecast, by Form
- 8.3.6.5.4. Market size and forecast, by Function
- 8.3.6.6. Italy
- 8.3.6.6.1. Market size and forecast, by Additive Type
- 8.3.6.6.2. Market size and forecast, by Livestock
- 8.3.6.6.3. Market size and forecast, by Form
- 8.3.6.6.4. Market size and forecast, by Function
- 8.3.6.7. Rest of Europe
- 8.3.6.7.1. Market size and forecast, by Additive Type
- 8.3.6.7.2. Market size and forecast, by Livestock
- 8.3.6.7.3. Market size and forecast, by Form
- 8.3.6.7.4. Market size and forecast, by Function
- 8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Additive Type
- 8.4.3. Market size and forecast, by Livestock
- 8.4.4. Market size and forecast, by Form
- 8.4.5. Market size and forecast, by Function
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Market size and forecast, by Additive Type
- 8.4.6.1.2. Market size and forecast, by Livestock
- 8.4.6.1.3. Market size and forecast, by Form
- 8.4.6.1.4. Market size and forecast, by Function
- 8.4.6.2. India
- 8.4.6.2.1. Market size and forecast, by Additive Type
- 8.4.6.2.2. Market size and forecast, by Livestock
- 8.4.6.2.3. Market size and forecast, by Form
- 8.4.6.2.4. Market size and forecast, by Function
- 8.4.6.3. Japan
- 8.4.6.3.1. Market size and forecast, by Additive Type
- 8.4.6.3.2. Market size and forecast, by Livestock
- 8.4.6.3.3. Market size and forecast, by Form
- 8.4.6.3.4. Market size and forecast, by Function
- 8.4.6.4. Indonesia
- 8.4.6.4.1. Market size and forecast, by Additive Type
- 8.4.6.4.2. Market size and forecast, by Livestock
- 8.4.6.4.3. Market size and forecast, by Form
- 8.4.6.4.4. Market size and forecast, by Function
- 8.4.6.5. South Korea
- 8.4.6.5.1. Market size and forecast, by Additive Type
- 8.4.6.5.2. Market size and forecast, by Livestock
- 8.4.6.5.3. Market size and forecast, by Form
- 8.4.6.5.4. Market size and forecast, by Function
- 8.4.6.6. Rest Of Asia Pacafic
- 8.4.6.6.1. Market size and forecast, by Additive Type
- 8.4.6.6.2. Market size and forecast, by Livestock
- 8.4.6.6.3. Market size and forecast, by Form
- 8.4.6.6.4. Market size and forecast, by Function
- 8.5. Latin America
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Additive Type
- 8.5.3. Market size and forecast, by Livestock
- 8.5.4. Market size and forecast, by Form
- 8.5.5. Market size and forecast, by Function
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Brazil
- 8.5.6.1.1. Market size and forecast, by Additive Type
- 8.5.6.1.2. Market size and forecast, by Livestock
- 8.5.6.1.3. Market size and forecast, by Form
- 8.5.6.1.4. Market size and forecast, by Function
- 8.5.6.2. Argentina
- 8.5.6.2.1. Market size and forecast, by Additive Type
- 8.5.6.2.2. Market size and forecast, by Livestock
- 8.5.6.2.3. Market size and forecast, by Form
- 8.5.6.2.4. Market size and forecast, by Function
- 8.5.6.3. Rest of LAMEA
- 8.5.6.3.1. Market size and forecast, by Additive Type
- 8.5.6.3.2. Market size and forecast, by Livestock
- 8.5.6.3.3. Market size and forecast, by Form
- 8.5.6.3.4. Market size and forecast, by Function
- 8.6. Middle East and Africa
- 8.6.1. Key market trends, growth factors and opportunities
- 8.6.2. Market size and forecast, by Additive Type
- 8.6.3. Market size and forecast, by Livestock
- 8.6.4. Market size and forecast, by Form
- 8.6.5. Market size and forecast, by Function
- 8.6.6. Market size and forecast, by country
- 8.6.6.1. Saudi Arabia
- 8.6.6.1.1. Market size and forecast, by Additive Type
- 8.6.6.1.2. Market size and forecast, by Livestock
- 8.6.6.1.3. Market size and forecast, by Form
- 8.6.6.1.4. Market size and forecast, by Function
- 8.6.6.2. UAE
- 8.6.6.2.1. Market size and forecast, by Additive Type
- 8.6.6.2.2. Market size and forecast, by Livestock
- 8.6.6.2.3. Market size and forecast, by Form
- 8.6.6.2.4. Market size and forecast, by Function
- 8.6.6.3. South Africa
- 8.6.6.3.1. Market size and forecast, by Additive Type
- 8.6.6.3.2. Market size and forecast, by Livestock
- 8.6.6.3.3. Market size and forecast, by Form
- 8.6.6.3.4. Market size and forecast, by Function
- 8.6.6.4. Rest Of Mea
- 8.6.6.4.1. Market size and forecast, by Additive Type
- 8.6.6.4.2. Market size and forecast, by Livestock
- 8.6.6.4.3. Market size and forecast, by Form
- 8.6.6.4.4. Market size and forecast, by Function
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product mapping of top 10 player
- 9.4. Competitive dashboard
- 9.5. Competitive heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. SHV Holdings N.V.
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.1.7. Key strategic moves and developments
- 10.2. BASF SE
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.2.7. Key strategic moves and developments
- 10.3. Cargill Incorporated
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
- 10.4. PHIBRO ANIMAL HEALTH CORPORATION
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
- 10.4.7. Key strategic moves and developments
- 10.5. KEMIN INDUSTRIES INC
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
- 10.5.7. Key strategic moves and developments
- 10.6. Evonik Industries AG
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
- 10.7. ADDCON GROUP GMBH
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
- 10.8. Archer-Daniels-Midland Company
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.8.7. Key strategic moves and developments
- 10.9. Koninklijke DSM N.V.
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.9.7. Key strategic moves and developments
- 10.10. Alltech
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance
- 10.10.7. Key strategic moves and developments