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Report overview
Animal feed additives are enzyme supplements, phosphate, calcium and trace mineral mixtures that can be given to grazing animals during the dry or rainy season. These animal feed supplements can be mixed with fodder and have an extra shelf life.
Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals? performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.
This report contains market size and forecasts of Feed Additives in global, including the following market information:
The global Feed Additives market was valued at 83810 million in 2021 and is projected to reach US$ 87940 million by 2028, at a CAGR of 0.7% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Minerals Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Feed Additives include Evonik, Adisseo, CJ Group, Novus International, DSM, Meihua Group, Kemin Industries, Zoetis and BASF, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Feed Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Feed Additives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Feed Additives Market Segment Percentages, by Type, 2021 (%)
Global Feed Additives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Feed Additives Market Segment Percentages, by Application, 2021 (%)
Global Feed Additives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Feed Additives Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: