According to Arizton’s latest research report, the global animal feed additives market is growing at a CAGR of 3.02% during 2023-2029.
Looking for More Information? Click: https://www.arizton.com/market-reports/animal-feed-additives-market-size-analysis-2024
Report Scope:
Market Size (2029): $45.95 Billion
Market Size (2023): $38.43 Billion
CAGR (2023-2029): 3.02%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Product, Form, Species, and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
Rising Demand for Animal Feed Additives in Livestock Farming: Addressing Environmental, Health, and Consumer Trends
Livestock farming significantly contributes to environmental issues, including greenhouse gas emissions and resource consumption. To mitigate these impacts, feed additives such as enzymes, probiotics, and methanogenesis inhibitors are increasingly being used to reduce methane emissions in cattle and enhance nutrient absorption, reducing waste.
Natural and plant-based additives, including phytogenics, probiotics, and essential oils, are gaining traction as alternatives to traditional synthetic options. These additives support animal health naturally while aligning with sustainability goals and the growing consumer preference for natural products.
The global rise in meat consumption, driven by population growth, higher incomes, and changing diets, especially in emerging markets like China, India, and Brazil, has fueled demand for feed additives that improve animal health and growth rates. This trend has made livestock farming more efficient and productive, with poultry and swine remaining dominant due to their rapid growth cycles and high feed-to-meat conversion efficiency. The aquaculture sector, especially for species like salmon, shrimp, and tilapia, is also expanding, driving the need for specialized feed additives.
Growing concerns over antibiotic resistance have led to stricter regulations and a shift towards non-antibiotic growth enhancers like probiotics, prebiotics, and organic acids. Additionally, increasing consumer awareness around food safety, quality, and animal welfare is influencing demand for antibiotic-free and organic meat and dairy products, especially in developed regions.
New Product Innovations
- In 2023, Evonik introduced an updated version of its Biolys product for animal feeds. The new formulation of Biolys helps livestock producers more efficiently meet their animals' requirements for the essential amino acid L-lysine.
- In 2023, Adisseo completed its acquisition of Nor-Feed, a French company specializing in plant-based specialty ingredients and extracts for animal nutrition. This acquisition aligns with Adisseo's strategic goal to strengthen its position as a global leader in specialty ingredients for animal nutrition.
APAC to Take Center Stage in the Animal Feed Additives Market
The Asia-Pacific (APAC) region, home to major livestock producers like China, India, Japan, South Korea, and Vietnam, is witnessing significant investment in animal feed additives to meet the growing demand for animal protein. As incomes rise, there is a shift toward diets rich in animal protein, driving the need for feed additives that enhance growth and feed efficiency. Products such as amino acids, enzymes, and vitamins are widely used across both livestock and aquaculture sectors to improve productivity. APAC, the world’s largest producer of farmed fish, also sees increasing demand for additives that boost immunity, digestibility, and disease prevention in aquaculture.
Looking for More Information? Click: https://www.arizton.com/market-reports/animal-feed-additives-market-size-analysis-2024
Key Vendors
- ADM
- BASF
- DSM
- Cargill
- Evonik Industries
- Nutreco
- Alltech
- 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
Product
- Amino Acids
- Vitamins
- Eubiotics
- Antibiotics
- Minerals
- Enzymes
- Others
Form
- Liquid
- Dry
Species
- Poultry
- Swine
- Cattle
- Aquatic Animals
- Others
Geography
APAC
- China
- India
- Australia
- Japan
- South Korea
Europe
- Russia
- Spain
- Germany
- France
- The UK
North America
- The US
- Canada
Latin America
- Brazil
- Mexico
Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- The UAE
The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the animal feed additives market. Request for Free Sample to get a glance of the report now: https://www.arizton.com/market-reports/animal-feed-additives-market-size-analysis-2024
What Key Findings Our Research Analysis Reveals?
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?
Looking for Customization According to Your Business Requirement? https://www.arizton.com/customize-report/4601
Other Related Reports that Might be of Your Business Requirement
Europe Pet Insurance Market - Focused Insights 2024-2029
https://www.arizton.com/market-reports/europe-pet-insurance-market
Global Pet Care Market - Focused Insights 2024-2029
https://www.arizton.com/market-reports/pet-care-market
Why Arizton?
100% Customer Satisfaction
24x7 availability – we are always there when you need us
200+ Fortune 500 Companies trust Arizton's report
80% of our reports are exclusive and first in the industry
100% more data and analysis
1500+ reports published till date
Post-Purchase Benefit
- 1hr of free analyst discussion
- 10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/animal-feed-additives-market-size-analysis-2024
