Feed Additives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Global Feed Additives Market is segmented by Additive Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors and Sweeteners, Pigments, Binders Acidifiers, and Minerals), By Animal Type(Ruminants, Poultry, Swine, and Other Animal Type ), and By Geography( North America, Europe, Asia-Pacific, South America, and Africa).

Market Snapshot

fertilizer additive market
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.4 %

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Market Overview

The global feed additives market is projected to grow at a CAGR of 5.4% during the forecast period (2020-2025). Livestock production across all countries and all animal groups have been growing to support the needs of the changing diet patterns of the populations, particularly in the developing markets. Although the livestock sector in the global market, especially in Asia-Pacific, is increasingly becoming industrial, with a large number of farmers remaining small and marginal in countries like India and China.

Food safety has become a paramount issue for many governments around the world, especially in North America and Europe. High awareness, the growing demand for animal nutrition, and the ban of antibiotics in many regions are prompting players the livestock industry and meat manufacturers to use probiotics, which is anticipated to drive the feed additives market, globally.

Asia-Pacific is projected to be the fastest-growing market. Economic growth, the industrialization of the livestock industry, rising farmers' awareness, and government support are the major factors for market attractiveness in this region.

Scope of the Report

Feed additives are products that enhance animal nutrition and are added to animal feed, to provide complete nutrition to farm animals. The end consumers of feed additives are feed mills that manufacture compound feed. The market scope excludes supplements directly purchased by farmers to add to the nutritional qualities of home-grown feed.

The market has been segmented by additive type, animal type, and geography. The additive type segmentation only includes additives added into compound feed, and the same additives are given directly to animals (as premixes) without any addition to the feed.

Additive Type
Antibiotics
Tetracyclines
Penicillins
Other Antibiotics
Vitamins
A
B
C
E
Other Vitamins
Antioxidants
BHA
BHT
Ethoxyquin
Other Antioxidants
Amino Acids
Tryptophan
Lysine
Methionine
Threonine
Other Amino Acids
Enzymes
Carbohydrases
Phytases
Other Enzymes
Mycotoxin Detoxifiers
Binders
Bio-transformers
Prebiotics
Inulin
Fructo Oligosaccharides
Galacto Oligosaccharides
Other Prebiotics
Probiotics
Lactobacilli
Bifidobacteria
Other Probiotics
Flavors and Sweeteners
Flavors
Sweeteners
Pigments
Carotenoids
Curcumin and Spurulina
Other Pigments
Binders
Natural
Synthetic
Minerals
Micro Minerals
Macro Minerals
Animal Type
Ruminants
Swine
Poultry
Other Animal Types
Geography
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Egypt
Rest of Middle East & Africa

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Key Market Trends

Increasing Industrial Livestock Production

The growing demand for livestock products has been driving significant changes on the supply side that are aimed at improving livestock product yields. New capital-intensive technologies have made the production of poultry and pig meat in industrial style production facilities possible across regions, such as North America, Europe, and Asia-Pacific, especially in countries where land is limited.

According to FAO, the global cattle population has been witnessing an upward trend over the past four years. In 2016, the cattle population was 1468.39million, and it increased to 1489.74 million in 2018, which demonstrates that the production of cattle has been rising to meet the accelerating demand for meat. Thus, the inflating demand for meat is expected to boost the need for feed additives during the study period. The meat production industry is witnessing an upward trend during the recent past years, especially, in developed countries, such as the United States, and European countries with reduced land usage. This boosts the production of livestock as well as meat, which in turn, accelerates the demand for feed additives for feeding the growing livestock population in these countries.

Global Feed Additives Market

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Poultry Occupies the Largest Market

Poultry feed additives hold one of the largest shares in the global feed additives market, owing to the heavy demand of poultry meat augmented by the consumption of processed poultry in countries, such as the United States, China, India, Russia, Brazil, Japan, and Australia. The growing demand for processed meat and protein diet, due to the rise in household income levels, is anticipated to continue driving the demand for animal feed. This factor, in turn, will lead to the higher usage of feed additives in various poultry farms. The per capita consumption of poultry meat is highest in Israel and the United States, with 58.5 kg/capita and 49.8 kg/capita, respectively, in 2018.

Cargill, one of the leading companies in the feed additives industry, expanded its facility in Ohio, with the production capacity of about 86,000 metric ton of animal nutrition products per year. The company also opened a facility in the Philippines in 2017, in order to meet the rising demand from the large and medium-sized livestock farms and feed millers in the Philippines and Southeast Asian countries.

Global Feed additives market

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Competitive Landscape

DSM Nutritional Products AG, Evonik Industries, Novus International, Bluestar Adisseo Co. Ltd, Nutreco NV, BASF SE, Sumitomo Chemical, and Cargill Inc. are the some of the major players in the global feed additives market. These companies majorly focus on expanding their businesses and undertaking strategies, such as mergers and acquisitions, expansions, and novel product innovations.

Companies, such as BASF SE, are collaborating with research institutions, business partners, and livestock farmers to offer feed solutions, as per the animal requirement. BASF recently established a plant in Ludwigshafen, Germany, for the expansion of the existing vitamin A plant with 600 machines and 4,000 pipelines to be integrated into the process control system by the end of 2020.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitutes

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Additive Type

      1. 5.1.1 Antibiotics

        1. 5.1.1.1 Tetracyclines

        2. 5.1.1.2 Penicillins

        3. 5.1.1.3 Other Antibiotics

      2. 5.1.2 Vitamins

        1. 5.1.2.1 A

        2. 5.1.2.2 B

        3. 5.1.2.3 C

        4. 5.1.2.4 E

        5. 5.1.2.5 Other Vitamins

      3. 5.1.3 Antioxidants

        1. 5.1.3.1 BHA

        2. 5.1.3.2 BHT

        3. 5.1.3.3 Ethoxyquin

        4. 5.1.3.4 Other Antioxidants

      4. 5.1.4 Amino Acids

        1. 5.1.4.1 Tryptophan

        2. 5.1.4.2 Lysine

        3. 5.1.4.3 Methionine

        4. 5.1.4.4 Threonine

        5. 5.1.4.5 Other Amino Acids

      5. 5.1.5 Enzymes

        1. 5.1.5.1 Carbohydrases

        2. 5.1.5.2 Phytases

        3. 5.1.5.3 Other Enzymes

      6. 5.1.6 Mycotoxin Detoxifiers

        1. 5.1.6.1 Binders

        2. 5.1.6.2 Bio-transformers

      7. 5.1.7 Prebiotics

        1. 5.1.7.1 Inulin

        2. 5.1.7.2 Fructo Oligosaccharides

        3. 5.1.7.3 Galacto Oligosaccharides

        4. 5.1.7.4 Other Prebiotics

      8. 5.1.8 Probiotics

        1. 5.1.8.1 Lactobacilli

        2. 5.1.8.2 Bifidobacteria

        3. 5.1.8.3 Other Probiotics

      9. 5.1.9 Flavors and Sweeteners

        1. 5.1.9.1 Flavors

        2. 5.1.9.2 Sweeteners

      10. 5.1.10 Pigments

        1. 5.1.10.1 Carotenoids

        2. 5.1.10.2 Curcumin and Spurulina

        3. 5.1.10.3 Other Pigments

      11. 5.1.11 Binders

        1. 5.1.11.1 Natural

        2. 5.1.11.2 Synthetic

      12. 5.1.12 Minerals

        1. 5.1.12.1 Micro Minerals

        2. 5.1.12.2 Macro Minerals

    2. 5.2 Animal Type

      1. 5.2.1 Ruminants

      2. 5.2.2 Swine

      3. 5.2.3 Poultry

      4. 5.2.4 Other Animal Types

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 US

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 UK

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Egypt

        4. 5.3.5.4 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Share Analysis

    2. 6.2 Company Profiles

      1. 6.2.1 Adisseo SAS

      2. 6.2.2 BASF SE

      3. 6.2.3 Danisco Animal Nutrition

      4. 6.2.4 Archer Daniels Midland Co. (ADM)

      5. 6.2.5 Cargill Inc.

      6. 6.2.6 InVivo NSA SA (Neovia)

      7. 6.2.7 Kemin Industries Inc.

      8. 6.2.8 Nutreco NV

      9. 6.2.9 Phibro Animal Health Corp.

      10. 6.2.10 Lallemand Inc.

      11. 6.2.11 Alltech Inc.

      12. 6.2.12 Novozymes AS

      13. 6.2.13 Elanco Animal Health

      14. 6.2.14 Sumitomo Corporation

      15. 6.2.15 Evonik Industries

      16. 6.2.16 Novus International NV

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19

**Subject to Availability

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Frequently Asked Questions

The Global Feed Additives Market market is studied from 2016 - 2026.

The Global Feed Additives Market is growing at a CAGR of 5.4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

BASF SE, Cargill Incorporated, Adisseo, Alltech, Elanco are the major companies operating in Global Feed Additives Market.

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