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THE ANIMAL FEED ADDITIVES MARKET SIZE IS PROJECTED TO REACH USD 45.95 BILLION BY 2029, GROWING AT A CAGR OF 3.02% FROM 2023 TO 2029.
The Animal Feed Additives Market Size Analysis Report By
- Product: Amino Acids, Vitamins, Eubiotics, Antibiotics, Minerals, Enzymes, and Others
- Form: Liquid and Dry
- Species: Poultry, Swine, Cattle, Aquatic Animals, and Other Species
- Geography: APAC, Europe, North America, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
ANIMAL FEED ADDITIVES MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market Size (2029) | USD 45.95 Billion |
| Market Size (2023) | USD 38.43 Billion |
| CAGR (2023-2029) | 3.02% |
| HISTORIC YEAR | 2020-2022 |
| BASE YEAR | 2023 |
| FORECAST YEAR | 2024-2029 |
| MARKET SEGMENTS BY | Product, Form, Species, and Geography |
| GEOGRAPHIC ANALYSIS | North America, APAC, Europe, Latin America, and Middle East & Africa |
| KEY PLAYERS | ADM, BASF, DSM, Cargill, Evonik Industries, and Nutreco |
MARKET INSIGHTS
The global animal feed additives market size was valued at USD 38.43 billion in 2023 and is projected to reach USD 45.95 billion by 2029, growing at a CAGR of 3.02% during the forecast period. This expanding market size is driven by increasing demand for high-quality animal protein and the growing adoption of feed additives to optimize livestock productivity and sustainability. Key segments such as poultry and aquaculture play a pivotal role in shaping the market size, supported by rising global consumption of meat, eggs, and seafood.
SEGMENTATION INSIGHTS
- By Product: The amino acids segment leads the market, contributing significantly to the global market size with a share exceeding 25%. Vitamins and enzymes also account for a substantial portion of the market size due to their role in enhancing feed efficiency and animal health.
- By Form: The dry-form segment dominates, with its rapid growth contributing to the overall market size, driven by ease of use and long shelf life.
- By Species: Poultry holds the largest share of the market size, fueled by increasing demand for cost-effective protein sources and improved feed conversion efficiency.
KEY TAKEAWAYS
- Expanding Market Size: The animal feed additives market size highlights significant growth opportunities, underpinned by innovation and sustainability trends.
- Product Contribution: Feed additives such as amino acids, probiotics, and enzymes are instrumental in driving the market size as they address industry needs for enhanced livestock performance.
- Regional Dominance: APAC accounts for the largest regional market size, driven by its extensive livestock production and aquaculture industries.
MARKET TRENDS & DRIVERS
The animal feed additives market is witnessing a shift toward natural and organic solutions, driven by consumer demand for sustainably produced animal products. Additionally, advancements in biotechnology and precision feeding techniques are enabling more efficient and targeted use of feed additives to enhance livestock health and productivity.
GEOGRAPHICAL ANALYSIS
APAC leads the global market size with over 35% share, reflecting its strong livestock and aquaculture sectors in countries such as China, India, and Vietnam. The region's focus on self-sufficiency in animal protein production and increasing investments in feed efficiency contribute to this dominance. North America and Europe also significantly influence the market size, driven by advanced feed technologies and stringent regulations supporting high-quality animal nutrition.
VENDOR LANDSCAPE
The global animal feed additives market size is supported by a dynamic vendor landscape that includes major players such as ADM, BASF, dsm-firmenich, Cargill, Evonik, and Nutreco. These companies contribute to the expanding market size through innovations, strategic acquisitions, and the development of specialty products. Recent advancements, such as Evonik’s Biolys reformulation and Adisseo’s acquisition of Nor-Feed, illustrate the commitment of vendors to sustainability and market expansion.
SNAPSHOT
The global animal feed additives market size is expected to grow at a CAGR of approximately 3.02% from 2023 to 2029.
Base Year: 2023
Forecast Year: 2024-2029
The report considers the present scenario of the global animal feed additives and its market dynamics for 2024−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
VENDORS LIST
Key Vendors
- ADM
- Business Overview
- Product Offerings
- BASF
- DSM
- Cargill
- Evonik Industries
- Nutreco
Other Prominent Vendors
- Alltech
- Business Overview
- Product Offerings
- Ajinomoto
- Lallemand
- Centafarm
- Novonesis
- Kemin Industries
- Elanco
- ADDCON
- Agropolychim
- Novus International
- International Flavors & Fragrances (IFF)
- Phibro Animal Health Corporation
- Danish Agro
- Barentz
- Solvay
- Purina Animal Nutrition
- Premex
- CJ CheilJedang
- Zinpro
- Quality Liquid Feeds (QLF)
- Adisseo
SEGMENTATION & FORECAST
- By Product
- Amino Acids
- Vitamins
- Eubiotics
- Antibiotics
- Minerals
- Enzymes
- Others
- By Form
- Liquid
- Dry
- By Species
- Poultry
- Swine
- Cattle
- Aquatic Animals
- Others
- By Geography
- APAC
- China
- India
- Australia
- Japan
- South Korea
- Europe
- Russia
- Spain
- Germany
- France
- UK
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- UAE
Frequently Asked Questions
How big is the global animal feed additives market?
What are the factors driving the global animal feed additives market growth?
Which region will have the largest share in the global animal feed additives market?
What is the growth rate of the global animal feed additives market?
Who are the major players in the global animal feed additives market?
Exhibit 1: Global Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 2: Global Animal Feed Additives Market by Product 2020–2029 ($ billion)
Exhibit 3: Market by Amino Acids 2020-2029 ($ billion)
Exhibit 4: Market by Vitamins 2020-2029 ($ billion)
Exhibit 5: Market by Eubiotics 2020-2029 ($ billion)
Exhibit 6: Market by Antibiotics 2020-2029 ($ billion)
Exhibit 7: Market by Minerals 2020-2029 ($ billion)
Exhibit 8: Market by Enzymes 2020-2029 ($ billion)
Exhibit 9: Market by Other Products 2020-2029 ($ billion)
Exhibit 10: Global Animal Feed Additives Market by Form 2020–2029 ($ Billion)
Exhibit 11: Market by Liquid 2020-2029 ($ billion)
Exhibit 12: Market by Dry 2020-2029 ($ billion)
Exhibit 13: Global Animal Feed Additives Market by Species 2020–2029 ($ billion)
Exhibit 14: Market by Poultry 2020-2029 ($ billion)
Exhibit 15: Market by Swine 2020-2029 ($ billion)
Exhibit 16: Market by Cattle 2020-2029 ($ billion)
Exhibit 17: Market by Aquatic Animals 2020-2029 ($ billion)
Exhibit 18: Market by Other Species 2020-2029 ($ billion)
Exhibit 19: Global Animal Feed Additives Market by Geography 2020–2029 ($ billion)
Exhibit 20: APAC Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 21: China Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 22: India Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 23: Australia Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 24: Japan Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 25: South Korea Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 26: Europe Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 27: Russia Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 28: Spain Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 29: Germany Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 30: France Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 31: UK Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 32: North America Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 33: US Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 34: Canada Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 35: Latin America Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 36: Brazil Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 37: Mexico Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 38: Middle East & Africa Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 39: Turkey Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 40: Saudi Arabia Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 41: South Africa Animal Feed Additives Market 2020-2029 ($ billion)
Exhibit 42: UAE Animal Feed Additives Market 2020-2029 ($ billion)
LIST OF TABLES
Table 1: Global Animal Feed Additives Market 2020-2029 ($ billion)
Table 2: Global Animal Feed Additives Market by Product Segment 2020-2029 ($ billion)
Table 3: Global Animal Feed Additives Market by Form Segment 2020-2029 ($ billion)
Table 4: Global Animal Feed Additives Market by Species Segment 2020-2029 ($ billion)
Table 5: Global Animal Feed Additives Market by Geography 2020-2029 ($ billion)
CHAPTER – 1: Global Animal Feed Additives Market Overview
- Executive Summary
- Key Findings
CHAPTER – 2: Global Animal Feed Additives Market Market
- GLOBAL: Projected Revenue of Global Animal Feed Additives Market (2020-2029; $ Billions)
CHAPTER – 3: Global Animal Feed Additives Market Prospects & Opportunities
- Global Animal Feed Additives Market Opportunities & Trends
- Global Animal Feed Additives Market Drivers
- Global Animal Feed Additives Market Constraints
CHAPTER – 4: Global Animal Feed Additives Market Segmentation Data
- GLOBAL: Projected Revenue by Product (2020-2029; $ Billions)
- Amino Acids
- Vitamins
- Eubiotics
- Antibiotics
- Minerals
- Enzymes
- Others
- GLOBAL: Projected Revenue by Form (2020-2029; $ Billions)
- Liquid
- Dry
- GLOBAL: Projected Revenue by Species (2020-2029; $ Billions)
- Poultry
- Swine
- Cattle
- Aquatic Animals
- Other Species
CHAPTER – 5: Key Regions Overview
- APAC: Projected Revenue of Global Animal Feed Additives Market (2020-2029; $ Billions)
- Projected Revenue of Global Animal Feed Additives Market in China
- Projected Revenue of Global Animal Feed Additives Market in India
- Projected Revenue of Global Animal Feed Additives Market in Australia
- Projected Revenue of Global Animal Feed Additives Market in Japan
- Projected Revenue of Global Animal Feed Additives Market in South Korea
- Europe: Projected Revenue of Global Animal Feed Additives Market (2020-2029; $ Billions)
- Projected Revenue of Global Animal Feed Additives Market in Russia
- Projected Revenue of Global Animal Feed Additives Market in Spain
- Projected Revenue of Global Animal Feed Additives Market in Germany
- Projected Revenue of Global Animal Feed Additives Market in France
- Projected Revenue of Global Animal Feed Additives Market in the UK
- North America: Projected Revenue of Global Animal Feed Additives Market (2020-2029; $ Billions)
- Projected Revenue of Global Animal Feed Additives Market in the US
- Projected Revenue of Global Animal Feed Additives Market in Canada
- Latin America: Projected Revenue of Global Animal Feed Additives Market (2020-2029; $ Billions)
- Projected Revenue of Global Animal Feed Additives Market in Brazil
- Projected Revenue of Global Animal Feed Additives Market in Mexico
- Middle East & Africa: Projected Revenue of Global Animal Feed Additives Market (2020-2029; $ Billions)
- Projected Revenue of Global Animal Feed Additives Market in Turkey
- Projected Revenue of Global Animal Feed Additives Market in Saudi Arabia
- Projected Revenue of Global Animal Feed Additives Market in South Africa
- Projected Revenue of Global Animal Feed Additives Market in UAE
CHAPTER – 6: Global Animal Feed Additives Market Industry Overview
- Global Animal Feed Additives Market - Competitive Landscape
- Global Animal Feed Additives Market– Key Vendor Profiles
- Global Animal Feed Additives Market– Other Prominent Vendors
- Global Animal Feed Additives Market - Key Strategic Recommendations
CHAPTER – 7: Appendix
- Research Methodology
- Abbreviations
- About Arizton
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Frequently Asked Questions
How big is the global animal feed additives market?
What are the factors driving the global animal feed additives market growth?
Which region will have the largest share in the global animal feed additives market?
What is the growth rate of the global animal feed additives market?
Who are the major players in the global animal feed additives market?
Animal Feed Additives Market Report
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