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Animal Feed Additives - Global Market Trajectory & Analytics

  • ID: 338919
  • Report
  • April 2021
  • Region: Global
  • 490 Pages
  • Global Industry Analysts, Inc
Global Animal Feed Additives Market to Reach $20.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Animal Feed Additives estimated at US$16.1 Billion in the year 2020, is projected to reach a revised size of US$20.5 Billion by 2027, growing at a CAGR of 3.6% over the analysis period 2020-2027. Amino Acids, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$7.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Antibiotics / Antibacterials segment is readjusted to a revised 0.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 6.6% CAGR

The Animal Feed Additives market in the U.S. is estimated at US$4.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Vitamins Segment to Record 3.3% CAGR

In the global Vitamins segment, USA, Canada, Japan, China and Europe will drive the 2.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.3 Billion in the year 2020 will reach a projected size of US$1.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.9 Billion by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period.

Select Competitors (Total 244 Featured):
  • Addcon Group
  • Adisseo France SAS
  • Ajinomoto Co., Inc.
  • Aliphos Belgium S.A.
  • Alltech Inc.
  • Archer Daniels Midland Company
  • BASF SE
  • Biovet JSC
  • Cargill Inc.
  • Chr. Hansen A/S
  • CJ CheilJedang Corp.
  • DSM Nutritional Products
  • DuPont de Nemours Inc.
  • Elanco Animal Health
  • Evonik Industries AG
  • Kemin Industries Inc.
  • Lonza Group Ltd.
  • Neovia
  • Novozymes A/S
  • Novus International Inc.
  • Nutreco N.V.
  • Pancosma SA
  • The Mosaic Company
  • Zoetis Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Additives - The Animal Feed Fortifying Agents
  • Recent Market Activity
  • Market Outlook
  • Rising Meat Intake Spurs Growth Opportunities
  • Expanding Population and Urbanization Fuels Demand
2. FOCUS ON SELECT PLAYERS
  • ADDCON GmbH (Germany)
  • Adisseo France SAS (France)
  • Ajinomoto Co., Inc. (Japan)
  • Ajinomoto Eurolysine S.A.S. (France)
  • Aliphos Belgium S.A. (Belgium)
  • Alltech Inc. (USA)
  • Archer Daniels Midland Company (USA)
  • BASF SE (Germany)
  • Biovet JSC (Bulgaria)
  • Cargill, Inc. (USA)
  • Provimi Holding B.V. (The Netherlands)
  • Chr. Hansen A/S (Denmark)
  • CJ CheilJedang Corp. (South Korea)
  • DelaconBiotechnik GmbH (Austria)
  • DSM Nutritional Products (Switzerland)
  • Elanco Animal Health (USA)
  • Evonik Industries AG (Germany)
  • Kemin Industries, Inc. (USA)
  • Lonza Group Ltd. (Switzerland)
  • Neovia (France)
  • Pancosma SA (Switzerland)
  • Novozymes A/S (Denmark)
  • Novus International, Inc. (USA)
  • Nutreco N.V. (the Netherlands)
  • Phibro Animal Health Corporation (USA)
  • The Mosaic Company (USA)
  • Zoetis, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • Growing Consumption of Poultry Bodes Well for Market Growth
  • Poultry Production Challenged by HPAI
  • Pork - A Key End Use Segment
  • Beef & Veal - Increasing Demand for Animal Feed Additives
  • Ovine Meat Production Witnesses Modest Growth
  • Amino Acids Find Extensive Use in Animal Feed
  • Essential Amino Acids for Swine and Poultry
  • Ban on Antibiotics Boosts Demand for Amino Acids as Feed Additives
  • Lysine and Methionine Rule the Roost among Amino Acids
  • Lysine Posts Strong Growth
  • Capacity Expansions to Weigh Down Lysine Prices
  • China to Dictate Global Lysine Prices
  • Poultry Sector Puts Demand for Methionine in Overdrive
  • Threonine
  • Antibiotics
  • Natural Growth Promoters (NGPs): Aiming for Prevention than Cure
  • Demand for Organic Trace Minerals on the Rise
  • Natural Ingredients Gain Momentum
  • Demand for Feed-Grade Vitamins to Rise Steadily
  • Demand for Feed Enzymes Gains Momentum
  • Compound Feed Additives Register Increasing Demand
  • Phytogenic Feed Additives - A Business Case in Point
  • With Antibiotics Facing Bans, Eubiotics Gain Importance
  • Demand for Animal Feed Prebiotics Heats Up
  • Organic Acids - A Major Dietary Additive for Growth of Post-Weaning Piglets
  • Essential Oils in the Want of Further Research to Prove Efficacy
  • Price - A Major Factor Influencing Growth
  • List of Animal Feed Additives that Contain Petrochemical Derivatives as Raw Material
  • Food Safety Measures - Further Tightened by Public Authorities
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 244
Note: Product cover images may vary from those shown
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