Animal Feed Additives Market Overview, Growth, Development and Forecast by 2030

Animal Feed Additives Market Overview

This report presents an estimation of the Animal Feed Additives Market in US dollars for the period from 2024 to 2030. Designed to identify potential investment opportunities, it offers an analytical depiction of the Animal Feed Additives industry, outlining current trends and future projections. The market report includes data on significant trends, challenges, and future prospects, providing investors and stakeholders with valuable insights.

Market Value : 

Animal Feed Additives Market size was valued at US$ 18.20 Bn. in 2022 and the total revenue is expected to grow at 5.5% CAGR through 2023 to 2029, reaching nearly US$ 26.48 Bn.

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Animal Feed Additives Market Report Scope and Research Methodology

This report explores the potential for global market growth in the Animal Feed Additives segment through quantitative analysis during the forecast period. Utilizing Porter’s five forces study, it assesses the relative market power of suppliers and buyers. The report integrates primary and secondary data, ensuring its authenticity. Secondary data was sourced from reliable outlets such as official websites, press releases, and business annual reports. A SWOT analysis was conducted to evaluate the market’s advantages and disadvantages, along with PORTER and PESTLE analyses to assess the impact of macro- and micro-economic factors on the Animal Feed Additives market. The thorough methodology enhances the weight and substance of the report’s conclusions.

Animal Feed Additives Market Regional Insights

Asia Pacific is expected to witness growth during the forecast period, holding the largest market share in 2022. Rapid growth is also anticipated in Europe and North America in the Animal Feed Additives market.

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Animal Feed Additives Market Segmentation:

The animal feed additives market is divided into categories such as swine, ruminants, poultry, aquatic animals, and others based on the type of livestock and equipment. Based on livestock, the feed additives market is expected to be dominated by the poultry segment, which is also projected to grow at the fastest rate. Growing concerns about animal health and consumer demands for a particular color of meat and yolk have led to an increase in the market for additives used in poultry feed.

by Livestock

Swine
Ruminants
Poultry
Aquatic Animals
Others

The market for animal feed additives is divided into three categories: liquid, dry, and others. Animal producers prefer the dry section because it is simpler to handle, store, and mix with feed. Its availability in pellet and mash forms provides consumers with additional options for mixing methods, which ought to foster the growth of this category.

by Form

Dry
Liquid
Others

Animal Feed Additives Market Key Players:

1. BASF SE
2. Alltech Inc
3. Cargill, Inc.
4. Novozymes A/S
5. Evonik Industries AG
6. Charoen Pokphand Foods Public Company Limited
7. Nutreco N.V.
8. Addcon Group
9. Archer Daniels Midland Company
10. Adisseo France SAS
11. Kemin Industries
12. Chr. Hansen Holding A/S
13. Biomin
14. Aliphos Belgium S.A
15. Koninklijke DSM N.V
16. Phibro Animal Health Corporation
17. Biotech JSC
18. Danisco Animal Nutrition, Biomin,
19. Ajinomoto Co., Inc.
20. Adisseo France SAS.
21. Kemin Industries, Inc.

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Table of content for the Animal Feed Additives Market includes:

Part 01: Executive Summary

Part 02: Scope of the Animal Feed Additives Market Report

Part 03: Animal Feed Additives Market Landscape

Part 04: Animal Feed Additives Market Sizing

Part 05: Animal Feed Additives Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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