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Philippines Feed Additives Market Size

The Philippines Feed Additives Market is projected to experience growth over the forecast period, driven by the increasing demand for high-quality animal protein and the importance of feed additives in enhancing animal nutrition. Amino acids, binders, minerals, and probiotics are the primary types of additives contributing to the market's expansion, with synthetic binders and specific amino acids like methionine and lysine holding significant market shares due to their benefits in digestion and meat production. Swine represents a major portion of the market, reflecting the high feed intake and production in this sector. The market's growth is further supported by the rising popularity of pigments and amino acids, which are expected to be among the fastest-growing segments.

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Market Size of philippines feed additives Industry

Philippines Feed Additives Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 399.43 Million
svg icon Market Size (2029) USD 507.63 Million
svg icon Largest Share by Additive Amino Acids
svg icon CAGR (2024 - 2029) 4.91 %
svg icon Fastest Growing by Additive Pigments
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Philippines Feed Additives Market Analysis

The Philippines Feed Additives Market size is estimated at 399.43 million USD in 2024, and is expected to reach 507.63 million USD by 2029, growing at a CAGR of 4.91% during the forecast period (2024-2029).

399.43 Million

Market Size in 2024 (USD)

507.63 Million

Market Size in 2029 (USD)

5.33 %

CAGR (2017-2023)

4.91 %

CAGR (2024-2029)

Largest Market by Additive

25.24 %

value share, Amino Acids, 2023

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The amino acids segment is the largest in the market due to increased awareness of balancing the gut pH, increasing livestock population, and reducing infections.

Largest Market by Animal

51.45 %

value share, Swine, 2023

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The swine segment is the largest in the market because of the increased demand for exporting pork, the swine population, and the increasing feed production.

Fastest-growing Market by Additive

5.49 %

Projected CAGR, Pigments, 2024-2029

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Pigments are the fastest growing segment as there is demand for the dark yellow color yolk, which enhances the appearance of poultry feed and increases investment by producers.

Fastest-growing Market by Animal

6.44 %

Projected CAGR, Poultry, 2024-2029

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The poultry segment has witnessed the fastest growth in the market due to increased demand for eggs and poultry meat for consumption and feed production.

Leading Market Player

6.63 %

market share, Alltech, Inc., Inc.

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Alltech Inc. is the market leader as it has been innovating its products and has partnerships with research institutes to innovate and analyze the products produced.

  • In 2022, amino acids, binders, minerals, and probiotics were the main types of feed additives used in the animal feed industry in the country. These types of additives together represented 55.1% of the country's total feed additives market in terms of value. Among these types of feed additives, methionine and lysine were the most significant feed amino acids, accounting for 34.1% and 30.2% of the market share, respectively. The popularity of these amino acids was due to their ability to improve gut health, aid in easy digestion, and enhance meat production in animals.
  • Synthetic binders held the largest share of the total feed binders market in the country in 2022, accounting for 66.7%. Synthetic binders were preferred because they not only served in pellet feed but also aided in preventing diseases by improving digestion and nutrition intake in animals. Swine was the major animal type in the feed additives market in 2022, accounting for 52% of the market share value. This high share was due to the high feed intake and feed production, which was more than 7.8 million metric tons in 2022.
  • Pigments and amino acids are expected to be the fastest-growing segments in the feed additives market in the country, registering CAGRs of 5.5% and 5.4%, respectively, during the forecast period. Pigments were used to enhance the appearance and nutritional value of animal feed, and as animals were unable to synthesize carotenoids, they needed to be supplied in the diet.
  • Based on the importance of feed additives in animal nutrition, the demand for feed additives is anticipated to register a CAGR of 4.9% during the forecast period in the country. This growth is expected to be driven by improved gut health and easy digestion in animals, as well as the growing demand for high-quality animal protein.
Philippines Feed Additives Market

Philippines Feed Additives Industry Segmentation

Acidifiers, Amino Acids, Antibiotics, Antioxidants, Binders, Enzymes, Flavors & Sweeteners, Minerals, Mycotoxin Detoxifiers, Phytogenics, Pigments, Prebiotics, Probiotics, Vitamins, Yeast are covered as segments by Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal.

  • In 2022, amino acids, binders, minerals, and probiotics were the main types of feed additives used in the animal feed industry in the country. These types of additives together represented 55.1% of the country's total feed additives market in terms of value. Among these types of feed additives, methionine and lysine were the most significant feed amino acids, accounting for 34.1% and 30.2% of the market share, respectively. The popularity of these amino acids was due to their ability to improve gut health, aid in easy digestion, and enhance meat production in animals.
  • Synthetic binders held the largest share of the total feed binders market in the country in 2022, accounting for 66.7%. Synthetic binders were preferred because they not only served in pellet feed but also aided in preventing diseases by improving digestion and nutrition intake in animals. Swine was the major animal type in the feed additives market in 2022, accounting for 52% of the market share value. This high share was due to the high feed intake and feed production, which was more than 7.8 million metric tons in 2022.
  • Pigments and amino acids are expected to be the fastest-growing segments in the feed additives market in the country, registering CAGRs of 5.5% and 5.4%, respectively, during the forecast period. Pigments were used to enhance the appearance and nutritional value of animal feed, and as animals were unable to synthesize carotenoids, they needed to be supplied in the diet.
  • Based on the importance of feed additives in animal nutrition, the demand for feed additives is anticipated to register a CAGR of 4.9% during the forecast period in the country. This growth is expected to be driven by improved gut health and easy digestion in animals, as well as the growing demand for high-quality animal protein.
Additive
Acidifiers
By Sub Additive
Fumaric Acid
Lactic Acid
Propionic Acid
Other Acidifiers
Amino Acids
By Sub Additive
Lysine
Methionine
Threonine
Tryptophan
Other Amino Acids
Antibiotics
By Sub Additive
Bacitracin
Penicillins
Tetracyclines
Tylosin
Other Antibiotics
Antioxidants
By Sub Additive
Butylated Hydroxyanisole (BHA)
Butylated Hydroxytoluene (BHT)
Citric Acid
Ethoxyquin
Propyl Gallate
Tocopherols
Other Antioxidants
Binders
By Sub Additive
Natural Binders
Synthetic Binders
Enzymes
By Sub Additive
Carbohydrases
Phytases
Other Enzymes
Flavors & Sweeteners
By Sub Additive
Flavors
Sweeteners
Minerals
By Sub Additive
Macrominerals
Microminerals
Mycotoxin Detoxifiers
By Sub Additive
Binders
Biotransformers
Phytogenics
By Sub Additive
Essential Oil
Herbs & Spices
Other Phytogenics
Pigments
By Sub Additive
Carotenoids
Curcumin & Spirulina
Prebiotics
By Sub Additive
Fructo Oligosaccharides
Galacto Oligosaccharides
Inulin
Lactulose
Mannan Oligosaccharides
Xylo Oligosaccharides
Other Prebiotics
Probiotics
By Sub Additive
Bifidobacteria
Enterococcus
Lactobacilli
Pediococcus
Streptococcus
Other Probiotics
Vitamins
By Sub Additive
Vitamin A
Vitamin B
Vitamin C
Vitamin E
Other Vitamins
Yeast
By Sub Additive
Live Yeast
Selenium Yeast
Spent Yeast
Torula Dried Yeast
Whey Yeast
Yeast Derivatives
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Beef Cattle
Dairy Cattle
Other Ruminants
Swine
Other Animals
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Philippines Feed Additives Market Size Summary

The Philippines feed additives market is poised for significant growth, driven by the increasing demand for high-quality animal protein and improved animal nutrition. The market is characterized by a diverse range of additives, including amino acids, binders, minerals, and probiotics, which collectively dominate the market landscape. Amino acids, particularly methionine and lysine, are crucial for enhancing gut health and meat production in animals. Synthetic binders are preferred for their dual role in improving feed pellet quality and preventing diseases through better digestion and nutrition absorption. The swine sector remains a major consumer of feed additives, reflecting its substantial feed intake and production levels. Meanwhile, the poultry industry has shown resilience and growth, with a notable shift in consumer preference from pork to chicken, partly due to the impact of African swine fever. This shift is expected to further drive the demand for feed additives as producers strive to meet the rising consumption of poultry meat and eggs.

The aquaculture sector in the Philippines is also experiencing rapid expansion, with increasing production of compound fish and shrimp feed. This growth is fueled by rising income levels, changing consumption patterns, and a focus on health and nutrition management to boost yields. Despite challenges such as overfishing and regulatory constraints, the demand for fish and shrimp feed continues to rise, supported by the growing awareness of the importance of nutritionally balanced feed. The market is fragmented, with major players like Alltech, Cargill, and DSM Nutritional Products AG leading the charge. Recent strategic moves, such as acquisitions and collaborations, highlight the industry's focus on innovation and expansion. These developments underscore the dynamic nature of the feed additives market in the Philippines, as it adapts to evolving consumer demands and regulatory landscapes.

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Philippines Feed Additives Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Additive

      1. 1.1.1 Acidifiers

        1. 1.1.1.1 By Sub Additive

          1. 1.1.1.1.1 Fumaric Acid

          2. 1.1.1.1.2 Lactic Acid

          3. 1.1.1.1.3 Propionic Acid

          4. 1.1.1.1.4 Other Acidifiers

      2. 1.1.2 Amino Acids

        1. 1.1.2.1 By Sub Additive

          1. 1.1.2.1.1 Lysine

          2. 1.1.2.1.2 Methionine

          3. 1.1.2.1.3 Threonine

          4. 1.1.2.1.4 Tryptophan

          5. 1.1.2.1.5 Other Amino Acids

      3. 1.1.3 Antibiotics

        1. 1.1.3.1 By Sub Additive

          1. 1.1.3.1.1 Bacitracin

          2. 1.1.3.1.2 Penicillins

          3. 1.1.3.1.3 Tetracyclines

          4. 1.1.3.1.4 Tylosin

          5. 1.1.3.1.5 Other Antibiotics

      4. 1.1.4 Antioxidants

        1. 1.1.4.1 By Sub Additive

          1. 1.1.4.1.1 Butylated Hydroxyanisole (BHA)

          2. 1.1.4.1.2 Butylated Hydroxytoluene (BHT)

          3. 1.1.4.1.3 Citric Acid

          4. 1.1.4.1.4 Ethoxyquin

          5. 1.1.4.1.5 Propyl Gallate

          6. 1.1.4.1.6 Tocopherols

          7. 1.1.4.1.7 Other Antioxidants

      5. 1.1.5 Binders

        1. 1.1.5.1 By Sub Additive

          1. 1.1.5.1.1 Natural Binders

          2. 1.1.5.1.2 Synthetic Binders

      6. 1.1.6 Enzymes

        1. 1.1.6.1 By Sub Additive

          1. 1.1.6.1.1 Carbohydrases

          2. 1.1.6.1.2 Phytases

          3. 1.1.6.1.3 Other Enzymes

      7. 1.1.7 Flavors & Sweeteners

        1. 1.1.7.1 By Sub Additive

          1. 1.1.7.1.1 Flavors

          2. 1.1.7.1.2 Sweeteners

      8. 1.1.8 Minerals

        1. 1.1.8.1 By Sub Additive

          1. 1.1.8.1.1 Macrominerals

          2. 1.1.8.1.2 Microminerals

      9. 1.1.9 Mycotoxin Detoxifiers

        1. 1.1.9.1 By Sub Additive

          1. 1.1.9.1.1 Binders

          2. 1.1.9.1.2 Biotransformers

      10. 1.1.10 Phytogenics

        1. 1.1.10.1 By Sub Additive

          1. 1.1.10.1.1 Essential Oil

          2. 1.1.10.1.2 Herbs & Spices

          3. 1.1.10.1.3 Other Phytogenics

      11. 1.1.11 Pigments

        1. 1.1.11.1 By Sub Additive

          1. 1.1.11.1.1 Carotenoids

          2. 1.1.11.1.2 Curcumin & Spirulina

      12. 1.1.12 Prebiotics

        1. 1.1.12.1 By Sub Additive

          1. 1.1.12.1.1 Fructo Oligosaccharides

          2. 1.1.12.1.2 Galacto Oligosaccharides

          3. 1.1.12.1.3 Inulin

          4. 1.1.12.1.4 Lactulose

          5. 1.1.12.1.5 Mannan Oligosaccharides

          6. 1.1.12.1.6 Xylo Oligosaccharides

          7. 1.1.12.1.7 Other Prebiotics

      13. 1.1.13 Probiotics

        1. 1.1.13.1 By Sub Additive

          1. 1.1.13.1.1 Bifidobacteria

          2. 1.1.13.1.2 Enterococcus

          3. 1.1.13.1.3 Lactobacilli

          4. 1.1.13.1.4 Pediococcus

          5. 1.1.13.1.5 Streptococcus

          6. 1.1.13.1.6 Other Probiotics

      14. 1.1.14 Vitamins

        1. 1.1.14.1 By Sub Additive

          1. 1.1.14.1.1 Vitamin A

          2. 1.1.14.1.2 Vitamin B

          3. 1.1.14.1.3 Vitamin C

          4. 1.1.14.1.4 Vitamin E

          5. 1.1.14.1.5 Other Vitamins

      15. 1.1.15 Yeast

        1. 1.1.15.1 By Sub Additive

          1. 1.1.15.1.1 Live Yeast

          2. 1.1.15.1.2 Selenium Yeast

          3. 1.1.15.1.3 Spent Yeast

          4. 1.1.15.1.4 Torula Dried Yeast

          5. 1.1.15.1.5 Whey Yeast

          6. 1.1.15.1.6 Yeast Derivatives

    2. 1.2 Animal

      1. 1.2.1 Aquaculture

        1. 1.2.1.1 By Sub Animal

          1. 1.2.1.1.1 Fish

          2. 1.2.1.1.2 Shrimp

          3. 1.2.1.1.3 Other Aquaculture Species

      2. 1.2.2 Poultry

        1. 1.2.2.1 By Sub Animal

          1. 1.2.2.1.1 Broiler

          2. 1.2.2.1.2 Layer

          3. 1.2.2.1.3 Other Poultry Birds

      3. 1.2.3 Ruminants

        1. 1.2.3.1 By Sub Animal

          1. 1.2.3.1.1 Beef Cattle

          2. 1.2.3.1.2 Dairy Cattle

          3. 1.2.3.1.3 Other Ruminants

      4. 1.2.4 Swine

      5. 1.2.5 Other Animals

Philippines Feed Additives Market Size FAQs

The Philippines Feed Additives Market size is expected to reach USD 399.43 million in 2024 and grow at a CAGR of 4.91% to reach USD 507.63 million by 2029.

In 2024, the Philippines Feed Additives Market size is expected to reach USD 399.43 million.

Animal Feed Market in Philippines Report Snapshots

Philippines Feed Additives Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029