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Animal Feed Additives - Global Strategic Business Report

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    Report

  • 915 Pages
  • May 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338919
Description Jump to:
The global market for Animal Feed Additives is estimated at US$35.3 Billion in 2023 and is projected to reach US$50.2 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Amino Acids segment, which is expected to reach US$20.7 Billion by 2030 with a CAGR of a 5.6%. The Antibiotics / Antibacterials segment is also set to grow at 4.4% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $7.1 Billion in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach $12.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Animal Feed Additives Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Animal Feed Additives Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Animal Feed Additives Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ADDCON GmbH, Adisseo France SAS, Ajinomoto Co., Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 310 Featured):

  • ADDCON GmbH
  • Adisseo France SAS
  • Ajinomoto Co., Inc.
  • Alltech Inc.
  • Anitox Corp.
  • Archer Daniels Midland Company
  • BASF SE
  • Cargill, Inc.
  • Chr. Hansen A/S
  • CJ CheilJedang Corp.
  • DSM Nutritional Products
  • Eastman Chemical Company
  • Elanco Animal Health
  • Evonik Industries AG
  • Kemin Industries, Inc.
  • Lonza Group Ltd.
  • METEX NØØVISTAGO
  • Novozymes A/S
  • Novus International, Inc.
  • Nutreco N.V.
  • Pancosma SA
  • Phibro Animal Health Corporation
  • Provimi B.V.
  • The Mosaic Company
  • Zoetis, Inc.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • From Pastures to Precision: The Evolution of Animal Feed Industry
  • Food Security and Energy Prices to Shape the Demand for Animal Feed
  • Sustainability, Self-Sufficiency & Digitalization: Emerging Key Goals for Feed Industry
  • Revolutionizing Animal Nutrition: An Overview of the Feed Additives Industry
  • Animal Feed Additives: Product Profile
  • Types of Animal Feed Additives
  • Antibiotics/Antibacterials
  • Vitamins
  • Amino Acids
  • Antioxidants
  • Enzymes
  • Feed Acidifiers
  • Economic Frontiers: Trends, Trials & Transformations
  • Exhibit 1: In a World Torn by Geopolitical Instability & War, Steadfastness of Global GDP Becomes Increasingly Unpredictable Given the Many Direct and Indirect Economic Repercussions: World Economic Growth Projections (Real Gross Domestic Product (GDP), Annual % Change) for the Years 2022 Through 2025
  • Exhibit 2: All Eyes on Global Inflation, the Main Risk Factor in Global Markets: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
  • Exhibit 3: With Oil Prices Influencing the Rate of inflation, it Remains the Most Watched Commodity in Global Markets: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2019 through 2025
  • Pandemic-Induced Supply Chain Disruptions Impact Animal Feed Additives Industry
  • Global Market Outlook
  • Focus on Gut Health to Drive Demand
  • Amino Acids Lead the Global Market
  • Developing Economies to Spearhead Long-term Growth
  • Competition
  • Exhibit 4: Animal Feed Additives - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche for Players Worldwide in 2024 (E)
  • Recent Market Activity
  • Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Animal Feed Additives: Slew of Trends Creating a Roadmap for Tomorrow
  • Increasing Concerns over Carbon Emission Levels Fuel Demand for Sustainable Animal Feed Additives
  • Meat Production and Consumption Trends Influence Growth Dynamics in Animal Feed Additives Market
  • Shifting Patterns in Global Meat Consumption
  • Exhibit 5: Global Meat Consumption in Thousand Metric Tons for Beef & Veal, Pork and Chicken Meat: 2020-2024
  • Global Trends in Meat Production
  • Exhibit 6: Global Meat Production in Thousand Metric Tons for Beef & Veal, Pork and Chicken Meat: 2020-2024
  • Changing Consumer Lifestyles and Growing Demand for Processed Meat
  • Exhibit 7: Energy, Water, Protein and Fat Content for Meat & Eggs Vis-à-vis Grains, Fruits & Vegetables, and Beverages (per 100 grams)
  • Consumption of Poultry Meat Spurs Opportunities
  • Exhibit 8: Global Chicken Meat Production in Thousand Metric Tons (Ready to Cook Equivalent) by Country/Region for 2020-2024
  • Exhibit 9: Global Chicken Meat Consumption in Thousand Metric Tons (Ready to Cook Equivalent) by Country/Region for 2020-2024
  • Broiler Feed Additive Space Spreads Wings with Exciting Additive & Technology Trends
  • Pork Meat: A Major Market for Animal Feed Additives
  • Exhibit 10: Global Pork Meat Production in Thousand Metric Tons (Carcass Weight Equivalent) by Country/Region for 2020-2024
  • Exhibit 11: Global Pork Meat Consumption in Thousand Metric Tons (Carcass Weight Equivalent) by Country/Region for 2020-2024
  • Beef & Veal: Demand Trends Support Growth in Feed Additives Market
  • Exhibit 12: Global Production of Beef & Veal in Thousand Metric Tons (Carcass Weight Equivalent) by Country/Region for 2020-2024
  • Exhibit 13: Global Consumption of Beef & Veal in Thousand Metric Tons (Carcass Weight Equivalent) by Country/Region for 2020-2024
  • Rising Importance of Amino Acids in Animal Feed Drives Market Growth
  • Demand for Protein-Rich Diets Dictate Demand for Amino Acids as Feed Additives
  • Ban on Antibiotics Boosts Demand for Amino Acids as Feed Additives
  • Lysine: A Prominent Feed-Grade Amino Acids
  • Exhibit 14: Global Lysine Market Breakdown of Revenues by End-Use (in %) for the Year 2024E
  • Methionine Emerges as Another Key Additive for Animal Feed
  • Exhibit 15: Global Methionine Market by End-Use Industry (in %) for 2024E
  • Synthetic Methionine in Poultry Diet
  • China: A Major Methionine Market
  • DL-Methionine: An Eco-Friendly Option for Animal Nutrition
  • Focus on Amino Acid Balancing for Ruminants
  • Growing Prominence of Amino Acids in Fish Farming
  • Exhibit 16: Global Fish Production by Aquaculture (in Million Metric Tons) for the Years 2007-2023
  • Exhibit 17: Aquaculture as % of Fish & Seafood Production by Region for 2008, 2018 and 2028
  • Focus on Animal Disease Management Stimulates Demand
  • Antibiotics Market: Increasing Focus on Clamping Down Antibiotics Usage as Growth Promoters
  • Use of Growth-Promoting Antibiotics Wanes
  • Therapeutic Antibiotics Register Growth despite Ban on AGPs
  • Emerging Alternatives for AGPs
  • Feed-Grade Vitamins: Poised for Healthy Growth
  • Rising Demand for Feed Enzymes in Animal Feed
  • Exhibit 18: Global Animal Feed Enzymes Market Breakdown by Application (in %) for 2024E
  • Exhibit 19: Global Animal Feed Enzymes Market Breakdown by Product Type (in %) for 2024E
  • Compound Feed Additives Register Increasing Demand
  • Exhibit 20: Global Compound Feed Production Volume (in Million Metric Tons) by Region for 2022
  • Exhibit 21: Global Compound Feed Production Volume Breakdown (in %) by Country for 2022
  • Exhibit 22: Compound Feed Market: Breakdown of Production Volume by Type for 2022
  • Exhibit 23: Number of Compound Feed Mills Worldwide by Region: 2022
  • Complementary Feeds, Non-GMO Feeds Set to Gain Momentum
  • Natural Growth Promoters (NGPs): Aiming for Prevention than Cure
  • Demand for Organic Trace Minerals on the Rise
  • Rising Trend towards Use of Natural Ingredients in Feed Additives
  • Phytogenic Feed Additives: Natural Attributes Drive Opportunities
  • Eubiotics Gain Prominence as Animal Feed Additives
  • Exhibit 24: Global Eubiotics Market Breakdown of Revenues by End-Use (in %) for 2024E
  • Eubiotics Emerge As Replacements for Antibiotic Growth Promoters Amidst Restrictions on Antibiotic Usage
  • Eubiotics Developments & Innovations Transforming the Feed Additive Space
  • Probiotic Additives Find Favor in Animal Feed
  • Exhibit 25: Global Market for Probiotics in Animal Feed by Microbial Genus (in %) for 2024E
  • Demand for Animal Feed Prebiotics Heats Up
  • Exhibit 26: Global Feed Prebiotics Market by Prebiotic Type (in %) for the Year 2024E
  • Fructans: Widely Researched Prebiotic in Animal Feed
  • Prebiotics for Poultry Feed Offers Huge Untapped Potential
  • Milk Oligosaccharides in Pet Food
  • Feed Acidifiers: Vital Role in Improving Animal Health, Optimizing Feed Utilization and Improving Quality and Quantity of Meat Output
  • Exhibit 27: Antimicrobial Effect of Formic Acid with Propionic Acid and Lactic Acid against Different Bacteria (in MIC %)
  • Organic Acids: A Major Dietary Additive for Growth of Post-Weaning Piglets
  • Encapsulated Acidifiers to Grow at a Rapid Pace
  • The Power of Functional Feed Additives in Transforming Aquaculture
  • Specialty Feed Additives: Providing Essential Nutrients to Animals
  • Medicated Feed Additives: Concerns over Antibiotic Resistance Present Challenges
  • Essential Oils: Need for Further Research to Prove Efficacy
  • Red Seaweed as a Feed Additive Holds Potential to Stop Methane Production
  • Micro-encapsulation Aids in Enhanced Utilization Rates
  • Innovating for Healthier Livestock: Top Trends in the Feed Mycotoxin Modifier Market
  • Use of Nanotechnology-Based Animal Feed Additives Gains Momentum
  • Manufacturers Focus on Product Innovations to Improve Efficacy
  • Changing Feed Technologies to Impact Feed Additives Market
  • Use of Automated Livestock Technologies Witnesses a Surge
  • Price: A Key Factor Influencing Growth in Animal Feed Additives Market
  • Overarching Animal Feed Additive Label Trends Targeting Sustainability, Information & Safety
  • Animal Feed Safety Undergoing Paradigm Shift with Emerging Trends
  • Macro Factors Influencing Trends in the Animal Feed Additives Market
  • Ballooning Global Population
  • Exhibit 28: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, & 2100
  • Urbanization Trend
  • Exhibit 29: World Urban Population in Thousands: 1950-2050P
  • Expanding Middle Class Population
  • Major Challenges Confronting Animal Feed Additives Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Animal Feed Additives Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Animal Feed Additives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Animal Feed Additives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Animal Feed Additives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Amino Acids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Amino Acids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Amino Acids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Antibiotics / Antibacterials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Antibiotics / Antibacterials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Antibiotics / Antibacterials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Vitamins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Vitamins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Vitamins by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Poultry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Poultry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Poultry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Swine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Swine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Swine by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Cattle by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Cattle by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Cattle by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Other Livestock by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Other Livestock by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Other Livestock by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Animal Feed Additives Market Presence - Strong/Active/Niche - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • Growth in Animal Protein Market to Support Demand for Feed Additives
  • Exhibit 30: US Meat Consumption in 1,000 Metric Tons for Beef & Veal, Pork and Chicken Meat: 2020-2024
  • Exhibit 31: US Meat Production in 1,000 Metric Tons for Beef & Veal, Pork and Chicken Meat: 2020-2024
  • FDA Curbs on Antibiotic Usage for Farm Animals Presents Opportunities for Natural Feed Additives
  • Regulatory Environment
  • FDA to Ease Regulations on Animal Feed Additives, Benefiting Startups
  • Market Analytics
CANADA
  • Market Overview
  • Market Analytics
JAPAN
  • Market Overview
  • Market Analytics
CHINA
  • Animal Feed Additives Market Presence - Strong/Active/Niche - Key Competitors in China for 2024 (E)
  • Market Overview
  • Meat Production and Consumption in China
  • Exhibit 32: Meat Production in Thousand Metric Tons by Type in China for 2020-2024
  • Exhibit 33: Meat Consumption in Thousand Metric Tons by Type in China for 2020-2024
  • Rise in Use of Amino Acids in Feed Additives
  • Whey Proteins Find Prominence in Animal Feed
  • Market Analytics
EUROPE
  • Animal Feed Additives Market Presence - Strong/Active/Niche - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • Meat Market in Europe: A Review
  • Exhibit 34: EU Meat Production in Thousand Metric Tons for 2020-2024
  • Exhibit 35: EU Meat Consumption in Thousand Metric Tons for 2020-2024
  • Animal Feed Drives Opportunities for Amino Acids Market in Europe
  • Technological Advancements & Focus on Health Foster Amino Acids Market
  • Adoption of Alternative Growth Promoters Benefits Demand
  • Europe Represents Bright Spot in Global Feed Phytogenic Market
  • Market Analytics
FRANCEGERMANYITALYUNITED KINGDOMSPAIN
RUSSIA
  • Market Overview
  • Market Analytics
REST OF EUROPE
ASIA-PACIFIC
  • Animal Feed Additives Market Presence - Strong/Active/Niche - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
  • Market Analytics
AUSTRALIA
  • Market Overview
  • Market Analytics
INDIA
  • Market Overview
  • Market Analytics
SOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINA
BRAZIL
  • Market Overview
  • Exhibit 36: Meat Production in Thousand Metric Tons in Brazil for 2020-2024
  • Market Analytics
MEXICOREST OF LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ADDCON GmbH
  • Adisseo France SAS
  • Ajinomoto Co., Inc.
  • Alltech Inc.
  • Anitox Corp.
  • Archer Daniels Midland Company
  • BASF SE
  • Cargill, Inc.
  • Chr. Hansen A/S
  • CJ CheilJedang Corp.
  • DSM Nutritional Products
  • Eastman Chemical Company
  • Elanco Animal Health
  • Evonik Industries AG
  • Kemin Industries, Inc.
  • Lonza Group Ltd.
  • METEX NØØVISTAGO
  • Novozymes A/S
  • Novus International, Inc.
  • Nutreco N.V.
  • Pancosma SA
  • Phibro Animal Health Corporation
  • Provimi B.V.
  • The Mosaic Company
  • Zoetis, Inc.

Table Information

Report AttributeDetails
No. of Pages915
PublishedMay 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 35.3 Billion
Forecasted Market Value ( USD ) by 2030 $ 50.2 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal

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