Fairfield Market Research Animal Feed Additives Market Size, Share, Trends Report, 2030

Animal Feed Additives Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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Industry: Food & Beverage


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The animal feed additives market stood at a value of US$35 Bn in 2019 and is expected to see modest growth in revenue over the forecast period of 2021 and 2025.

Market Analysis in Brief

Consistently growing consumption of animal products like meat, poultry, and dairy often pushes supplementation of animal feed with antibiotics. This however poses a serious threat to the health of both animals, as well as the human consumers in the long run. The animal feed additives are thus a regulated sector and the EU has been one of the first bodies to regulate the use of growth promoters in animal feed. The global animal feed additives market is thus expecting opportunities in healthier ways that would not only enhance the animal yield but also fill in the major nutritional gaps for animals. Demand remains high in the wake of an alarming rate of growth in the prevalence of several livestock diseases across different parts of the world. With more feed manufacturers seeking support for producing high-quality, naturally sourced feed, the animal feed additives industry will reflect high growth potential. Global population is shifting toward sustainable and natural food products, pushing the animal feed manufacturers to offer newer product variants comprising natural ingredients.

Key Report Findings

  • While animal feed additives market registered revenue of around US$35 Bn in the year 2019, research expects steady growth in near term
  • Antibiotics continue to be the leading segment despite strict regulations against their usage
  • Key Asian markets like China, and India at the forefront
  • North America, and Europe largely rely on Asia Pacific for imports

Growth Drivers

Outbreak of Livestock Diseases

Feed additives have experienced substantial growth over the recent past. The rise in demand for raw and processed meat, poultry, and fish products is expected to be responsible for growing significance of companion animal health, thereby fuelling the global animal feed additives market. Increasing safety concerns due to outbreak of livestock diseases such as swine flu, and avian/bird flu have significantly boosted the demand.

New Product Launches

Frequent new introductions on the market space will be a significant factor driving revenue to animal feed additives market. Recently in 2019, Layn Corp, a China-based company expanded with a new business unit for developing feed additives, and antibiotic alternatives. The new business segment will include TruGro Animal Nutrition, plant-based sweeteners, and CBD and hemp products like extract. The animal nutrition segment focuses on offering botanical extracts, including plant-based sweeteners, and polyphenol-rich extract. The additives will help in addressing palatability, anti-oxidation, and gut health in addition to providing an antimicrobial alternative. The company also announced the launch of TruGro AOX, an antioxidant platform, for the use in animal feed. The product will offer an alternative to synthetic antioxidant while improving performance.

Ascus Biosciences also introduced a new feed additives category in 2019, endomicrobials that comprises beneficial microbes residing symbiotically within selected species to enhance productivity, efficiency, and well-being. NUQO, a Europe-based company offers natural ingredients using algae bioactives, and encapsulation techniques. It manufactures solutions at three different production sites across Europe. The company’s portfolio caters to ruminants, pigs, poultry, and aqua species and claims to be aiding in enhancement of animal health, and performance.

Overview of Key Segments

Antibiotics to Remain Leading Segment

The feed additives sourced from microorganisms are estimated to have a high potential for growth over the next few years. The plant segment is also expected to register noticeable growth over the forecast period. Increased demand for natural, plant-derived ingredients is significantly supporting this segment. On the other hand, the antibiotic segment is estimated to occupy the largest share of the pie in animal feed additives market.

Growth Challenges

Government Regulations May Weaken Long-term Growth

Increasing stringency of government regulations regarding the use of antibiotics in livestock feeds due to their potential impact on human health may weaken the performance of this segment in the near future. For instance, the European Union in 2018 passed a new law that mandates limited use of antibiotics in rearing farm animals. The regulatory guideline clearly prevents mass medication in animals, restricting the use of antibiotics, or other drugs. Stringent regulatory framework set by governments is thus likely to weaken the long-term performance of animal feed additives market. Moreover, there is a constant shift amongst consumers toward veganism, which is further expected to remain a major roadblock facing animal feed additives market in future.

Growth Opportunities Across Regions

China, and India Highly Lucrative

Asia Pacific is estimated to hold a mammoth share in the global animal feed additives market in terms of value. The largest producers of raw and processed meat in the region, i.e., China, and India will continue to represent the most lucrative markets for manufacturers of animal feed additives. Changing lifestyles of younger generations that are fitness-oriented are being characterized by higher protein consumption, which is expected to drive the animal feed additives market across Asia Pacific.

Interdependence of Western and Asian Markets for Imports

North America, and Europe on the other hand are highly dependent on Asian nations for the imports of raw or processed meat along with a range of aquatic and poultry products. This will remain instrumental to the growth of animal feed additives market in Asia Pacific. To meet the globally soaring demand for processed meat, producers based in the Asian subcontinent thus ought to produce the sufficiently healthy, and improved livestock or aquatic animal, which, in turn, is boosting demand for quality animal feed additives market in the region.

Competition Analysis – Global Animal Feed Additives Market

New product offerings will most likely remain a clear winning strategy for the major competitors in global animal feed additives market space. Some of the major players driving the competition in market, include BASF SE, Cargill Inc., Phibro Animal Health Corp., Danisco Animal Nutrition, Novozymes AS, Elanco Animal Health, Archer Daniels Midland Co. (ADM), Kemin Industries Inc., Beneo GmbH, Disseo SAS, and Lallemand Inc.

Regional Classification of the Global Animal Feed Additives Market is Described Below:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • Spain
  • U.K.
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East and Africa

  • GCC
  • South Africa
  • Rest of Middle East and Africa

*Regions and countries are subject to change based on data availability

Key Elements Included In The Study: Global Animal Feed Additives Market

  • Animal Feed Additives Market by Product/Technology/Grade, Application/End-user, and Region
  • Executive Summary (Opportunity Analysis and Key Trends)
  • Historical Market Size and Estimates, Value and Volume, 2018 - 2022
  • Volume Consumption at Regional and Country Level, 2023 - 2030
  • Market Dynamics and Economic Overview
  • Market Size in Value and Volume, Growth Rates, and Forecast Figures, 2023 - 2030
  • Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
  • Regional and Product/Grade/Application/End-user Price Trends Analysis
  • Production Output Analysis (Major Producing Regions)
  • Value Chain and Five Force’s Analysis
  • Regional/Sub-region/Country Market Size and Trend Analysis
  • Company Market Share Analysis and Key Player Profiles

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1. Executive Summary
     1.1. Global Animal Feed Additives Market Snapshot
     1.2. Key Market Trends
     1.3. Future Projections
     1.4. Analyst Recommendations

2. Market Overview
     2.1. Market Definitions and Segmentations
     2.2. Market Dynamics
            2.2.1. Drivers
                  2.2.1.1. Driver A
                  2.2.1.2. Driver B
                  2.2.1.3. Driver C
            2.2.2. Restraints
                  2.2.2.1. Restraint 1
                  2.2.2.2. Restraint 2
            2.2.3. Market Opportunities Matrix
     2.3. Value Chain Analysis
     2.4. Porter’s Five Forces Analysis
     2.5. Covid-19 Impact Analysis
            2.5.1. Pre-covid and Post-covid Scenario
            2.5.2. Supply Impact
            2.5.3. Demand Impact
     2.6. Government Regulations
     2.7. Technology Landscape
     2.8. Economic Analysis
     2.9. PESTLE

3. Production Output and Trade Statistics, 2018 - 2022
     3.1. Regional Production Statistics
            3.1.1. North America
            3.1.2. Europe
            3.1.3. Asia Pacific
            3.1.4. Latin America
            3.1.5. Middle East & Africa

4. Price Trends Analysis and Future Projects, 2018 - 2030
     4.1. Key Highlights
     4.2. Prominent Factors Affecting Prices
     4.3. By Additive Type
     4.4. By Region

5. Global Animal Feed Additives Market Outlook, 2018 - 2030
     5.1. Global Animal Feed Additives Market Outlook, by Additive Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            5.1.1. Key Highlights
                  5.1.1.1. Amino Acids
                  5.1.1.2. Vitamins
                  5.1.1.3. Antibiotics
                  5.1.1.4. Feed Enzymes
                  5.1.1.5. Eubiotics
                  5.1.1.6. Antioxidants
                  5.1.1.7. Minerals
                  5.1.1.8. Misc.
     5.2. Global Animal Feed Additives Market Outlook, by Origin, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            5.2.1. Key Highlights
                  5.2.1.1. Plant
                  5.2.1.2. Animal
                  5.2.1.3. Microorganism
     5.3. Global Animal Feed Additives Market Outlook, by Livestock Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            5.3.1. Key Highlights
                  5.3.1.1. Ruminant
                  5.3.1.2. Swine
                  5.3.1.3. Poultry
                  5.3.1.4. Aquaculture
                  5.3.1.5. Misc. (Equine, etc.)
            5.3.2. BPS Analysis/Market Attractiveness Analysis
     5.4. Global Animal Feed Additives Market Outlook, by Region, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            5.4.1. Key Highlights
                  5.4.1.1. North America
                  5.4.1.2. Europe
                  5.4.1.3. Asia Pacific
                  5.4.1.4. Latin America
                  5.4.1.5. Middle East & Africa
            5.4.2. BPS Analysis/Market Attractiveness Analysis

6. North America Animal Feed Additives Market Outlook, 2018 - 2030
     6.1. North America Animal Feed Additives Market Outlook, by Additive Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            6.1.1. Key Highlights
                  6.1.1.1. Amino Acids
                  6.1.1.2. Vitamins
                  6.1.1.3. Antibiotics
                  6.1.1.4. Feed Enzymes
                  6.1.1.5. Eubiotics
                  6.1.1.6. Antioxidants
                  6.1.1.7. Minerals
                  6.1.1.8. Misc.
     6.2. North America Animal Feed Additives Market Outlook, by Origin, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            6.2.1. Key Highlights
                  6.2.1.1. Plant
                  6.2.1.2. Animal
                  6.2.1.3. Microorganism
     6.3. North America Animal Feed Additives Market Outlook, by Livestock Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            6.3.1. Key Highlights
                  6.3.1.1. Ruminant
                  6.3.1.2. Swine
                  6.3.1.3. Poultry
                  6.3.1.4. Aquaculture
                  6.3.1.5. Misc. (Equine, etc.)
     6.4. North America Animal Feed Additives Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            6.4.1. Key Highlights
                  6.4.1.1. U.S.
                  6.4.1.2. Canada
            6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Animal Feed Additives Market Outlook, 2018 - 2030
     7.1. Europe Animal Feed Additives Market Outlook, by Additive Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            7.1.1. Key Highlights
                  7.1.1.1. Amino Acids
                  7.1.1.2. Vitamins
                  7.1.1.3. Antibiotics
                  7.1.1.4. Feed Enzymes
                  7.1.1.5. Eubiotics
                  7.1.1.6. Antioxidants
                  7.1.1.7. Minerals
                  7.1.1.8. Misc.
     7.2. Europe Animal Feed Additives Market Outlook, by Origin, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            7.2.1. Key Highlights
                  7.2.1.1. Plant
                  7.2.1.2. Animal
                  7.2.1.3. Microorganism
     7.3. Europe Animal Feed Additives Market Outlook, by Livestock Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            7.3.1. Key Highlights
                  7.3.1.1. Ruminant
                  7.3.1.2. Swine
                  7.3.1.3. Poultry
                  7.3.1.4. Aquaculture
                  7.3.1.5. Misc. (Equine, etc.)
     7.4. Europe Animal Feed Additives Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            7.4.1. Key Highlights
                  7.4.1.1. Germany
                  7.4.1.2. France
                  7.4.1.3. U.K.
                  7.4.1.4. Italy
                  7.4.1.5. Spain
                  7.4.1.6. Russia
                  7.4.1.7. Rest of Europe
            7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Animal Feed Additives Market Outlook, 2018 - 2030
     8.1. Asia Pacific Animal Feed Additives Market Outlook, by Additive Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            8.1.1. Key Highlights
                  8.1.1.1. Amino Acids
                  8.1.1.2. Vitamins
                  8.1.1.3. Antibiotics
                  8.1.1.4. Feed Enzymes
                  8.1.1.5. Eubiotics
                  8.1.1.6. Antioxidants
                  8.1.1.7. Minerals
                  8.1.1.8. Misc.
     8.2. Asia Pacific Animal Feed Additives Market Outlook, by Origin, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            8.2.1. Key Highlights
                  8.2.1.1. Plant
                  8.2.1.2. Animal
                  8.2.1.3. Microorganism
     8.3. Asia Pacific Animal Feed Additives Market Outlook, by Livestock Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            8.3.1. Key Highlights
                  8.3.1.1. Ruminant
                  8.3.1.2. Swine
                  8.3.1.3. Poultry
                  8.3.1.4. Aquaculture
                  8.3.1.5. Misc. (Equine, etc.)
     8.4. Asia Pacific Animal Feed Additives Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            8.4.1. Key Highlights
                  8.4.1.1. China
                  8.4.1.2. Japan
                  8.4.1.3. South Korea
                  8.4.1.4. India
                  8.4.1.5. Southeast Asia
                  8.4.1.6. Rest of Asia Pacific
            8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Animal Feed Additives Market Outlook, 2018 - 2030
     9.1. Latin America Animal Feed Additives Market Outlook, by Additive Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            9.1.1. Key Highlights
                  9.1.1.1. Amino Acids
                  9.1.1.2. Vitamins
                  9.1.1.3. Antibiotics
                  9.1.1.4. Feed Enzymes
                  9.1.1.5. Eubiotics
                  9.1.1.6. Antioxidants
                  9.1.1.7. Minerals
                  9.1.1.8. Misc.
     9.2. Latin America Animal Feed Additives Market Outlook, by Origin, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            9.2.1. Key Highlights
                  9.2.1.1. Plant
                  9.2.1.2. Animal
                  9.2.1.3. Microorganism
     9.3. Latin America Animal Feed Additives Market Outlook, by Livestock Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            9.3.1. Key Highlights
                  9.3.1.1. Ruminant
                  9.3.1.2. Swine
                  9.3.1.3. Poultry
                  9.3.1.4. Aquaculture
                  9.3.1.5. Misc. (Equine, etc.)
     9.4. Latin America Animal Feed Additives Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            9.4.1. Key Highlights
                  9.4.1.1. Brazil
                  9.4.1.2. Mexico
                  9.4.1.3. Rest of Latin America
            9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Animal Feed Additives Market Outlook, 2018 - 2030
     10.1. Middle East & Africa Animal Feed Additives Market Outlook, by Additive Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            10.1.1. Key Highlights
                  10.1.1.1. Amino Acids
                  10.1.1.2. Vitamins
                  10.1.1.3. Antibiotics
                  10.1.1.4. Feed Enzymes
                  10.1.1.5. Eubiotics
                  10.1.1.6. Antioxidants
                  10.1.1.7. Minerals
                  10.1.1.8. Misc.
     10.2. Middle East & Africa Animal Feed Additives Market Outlook, by Origin, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            10.2.1. Key Highlights
                  10.2.1.1. Plant
                  10.2.1.2. Animal
                  10.2.1.3. Microorganism
     10.3. Middle East & Africa Animal Feed Additives Market Outlook, by Livestock Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            10.3.1. Key Highlights
                  10.3.1.1. Ruminant
                  10.3.1.2. Swine
                  10.3.1.3. Poultry
                  10.3.1.4. Aquaculture
                  10.3.1.5. Misc. (Equine, etc.)
     10.4. Middle East & Africa Animal Feed Additives Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            10.4.1. Key Highlights
                  10.4.1.1. GCC
                  10.4.1.2. South Africa
                  10.4.1.3. Rest of Middle East & Africa
            10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape
     11.1. Company Market Share Analysis, 2022
     11.2. Competitive Dashboard
     11.3. Company Profiles
            11.3.1. ADM
                  11.3.1.1. Company Overview
                  11.3.1.2. Product Portfolio
                  11.3.1.3. Financial Overview
                  11.3.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
            11.3.2. BASF SE
            11.3.3. DSM N.V.
            11.3.4. Ajinomoto Animal Nutrition
            11.3.5. Cargill Inc.
            11.3.6. Nutreco
            11.3.7. Evonik Industries
            11.3.8. Chr. Hansen A/S
            11.3.9. Novozymes
            11.3.10. Kemin Industries
            11.3.11. Novus International
            11.3.12. Sumitomo Chemical
            11.3.13. InVivo NSA

12. Appendix
     12.1. Research Methodology
     12.2. Report Assumptions
     12.3. Acronyms and Abbreviations

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

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