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Feed Additives Market, Global Outlook and Forecast 2023-2029

Feed Additives Market, Global Outlook and Forecast 2023-2029

  • Published on : 25 April 2023
  • Pages :117
  • Report Code:SMR-7655401

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Report overview

The global Feed Additives market was valued at US$ 83810 million in 2022 and is projected to reach US$ 87940 million by 2029, at a CAGR of 0.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 aims to provide a comprehensive presentation of the global market for Feed Additives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Feed Additives. This report contains market size and forecasts of Feed Additives in global, including the following market information:

  • Global Feed Additives Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Feed Additives Market Sales, 2018-2023, 2024-2029, (K MT)
  • Global top five Feed Additives companies in 2022 (%)

Evonik is the leading company in the global feed additives market, but only has a market share of less than 4%. China is the global leading producer of feed additives, accounting for more than 30% of the market. In terms of type, the sales share of minerals is more than 50%. In the application field, the revenue share of poultry feed accounts for more than 40%.
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, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Feed Additives Market Segment Percentages, by Type, 2022 (%)

  • Minerals
  • Amino Acids
  • Vitamins
  • Enzymes
  • Others

Global Feed Additives Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Feed Additives Market Segment Percentages, by Application, 2022 (%)

  • Poultry Feeds
  • Ruminant Feeds
  • Pig Feeds
  • Others

Global Feed Additives Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Feed Additives Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Feed Additives revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Feed Additives revenues share in global market, 2022 (%)
Key companies Feed Additives sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Feed Additives sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • Evonik
  • Adisseo
  • CJ Group
  • Novus International
  • DSM
  • Meihua Group
  • Kemin Industries
  • Zoetis
  • BASF
  • Sumitomo Chemical
  • ADM
  • Alltech
  • Biomin
  • Lonza
  • Lesaffre
  • Nutreco
  • IFF
  • Novozymes

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Feed Additives, market overview.
  • Chapter 2: Global Feed Additives market size in revenue and volume.
  • Chapter 3: Detailed analysis of Feed Additives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Feed Additives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Feed Additives capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.