Egypt Feed Additives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 321.86 Million |
| Market Size (2029) | USD 383.29 Million |
| CAGR (2024 - 2029) | 3.56 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Feed Additives Market Analysis
The Egypt Feed Additives Market size is estimated at USD 321.86 million in 2024, and is expected to reach USD 383.29 million by 2029, growing at a CAGR of 3.56% during the forecast period (2024-2029).
The growing demand from the animal production industry and the rise in the consumption demand for meat are the prime drivers of the market. In recent years modern animal farms have developed extensively in numbers. The greater part of the domestic meat consumed is also locally produced, making Egypt an attractive market for supplies and imports of feed additives.
Egypt Feed Additives Market Trends
Demand For Animal Production Drives the Market
Increasing dairy and meat consumption demand in Egypt is boosting the animal production industry, which in turn directly aiding the feed additive market in the country. According to FAO, the country has 4.3 million heads of cattle in 2018 increasing to 4.5 million in 2019. The Egyptian government is pursuing increased domestic cattle production by growing the domestic heard size and increasing live cattle imports. Policies limiting the slaughter of cattle under 400kg and bulls less than two years of age are helping to drive domestic production. The government is also controlling some input costs for specific feed products, further incentivizing production.
Increasing Animals Diseases Drives the Market
The health of the animals is the primary concern for the animal production industries as it is crucial for the industries to grow them healthy to fetch the best price. To maintain the health of the animals, supplementary feed additives such as vitamins, antibiotics, enzymes, etc are essential. These feed additives provide the required nutrients and immunity to avoid the illness and death of the animals. For instance, beef cattle, which is the most consumed animal in Egypt is frequently affected by lumpy skin disease-causing serious damage to the beef industry. In order to reduce such diseases feed additives became inevitable in Egypt animal feed industry.
Egypt Feed Additives Industry Overview
The Egypt feed additives market is highly concentrated, with the top ten companies accounting for more than 50% of the market share. The leading players in the market studied are focused on business expansion to increase their sales. These companies are also focused on strategic acquisitions and emerging along with effective product launches to build their brand image and increase their sales.
Egypt Feed Additives Market Leaders
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Cargill, Incorporated.
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Nutreco NV
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BASF SE
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DSM N.V
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Evonik Industries AG
*Disclaimer: Major Players sorted in no particular order
Egypt Feed Additives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Additive Type
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5.1.1 Antibiotics
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5.1.2 Vitamins
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5.1.3 Antioxidants
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5.1.4 Aminoacids
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5.1.5 Enzymes
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5.1.6 Prebiotics
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5.1.7 Probiotics
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5.1.8 Others
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5.2 Animal Type
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5.2.1 Ruminants
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5.2.2 Poultry
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5.2.3 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 BASF SE
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6.3.2 Cargill, Incorporated.
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6.3.3 DSM N.V
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6.3.4 Nutreco NV
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6.3.5 DSM N.V
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6.3.6 Evonik Industries AG
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6.3.7 Novozymes A/S.
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6.3.8 Danisco A/S
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6.3.9 Archer Daniels Midland Co.
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6.3.10 Biovet JSC
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
Egypt Feed Additives Industry Segmentation
Feed additives are used in animal nutrition to achieve an effect on the feed itself, improve the performance and health of animals, and enhance the nutritional value of animal products.
The Egypt feed additives market is segmented by additive type (antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders, and minerals) and animal type (ruminants, swine, poultry, and other animal types). The report offers market estimation and forecasts in value (USD million) for all the above segments.
| Additive Type | |
| Antibiotics | |
| Vitamins | |
| Antioxidants | |
| Aminoacids | |
| Enzymes | |
| Prebiotics | |
| Probiotics | |
| Others |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Others |
Egypt Feed Additives Market Research FAQs
How big is the Egypt Feed Additives Market?
The Egypt Feed Additives Market size is expected to reach USD 321.86 million in 2024 and grow at a CAGR of 3.56% to reach USD 383.29 million by 2029.
What is the current Egypt Feed Additives Market size?
In 2024, the Egypt Feed Additives Market size is expected to reach USD 321.86 million.
Who are the key players in Egypt Feed Additives Market?
Cargill, Incorporated., Nutreco NV, BASF SE, DSM N.V and Evonik Industries AG are the major companies operating in the Egypt Feed Additives Market.
What years does this Egypt Feed Additives Market cover, and what was the market size in 2023?
In 2023, the Egypt Feed Additives Market size was estimated at USD 310.40 million. The report covers the Egypt Feed Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Feed Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Feed Additives Industry Report
Statistics for the 2024 Egypt Feed Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Feed Additives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Egypt Feed Additives Market Report Snapshots
