Animal Feed Additives Market: Global Industry Analysis, Market Size, Trends, and Forecast to 2023

  • ID: 3774384
  • Report
  • Region: Global
  • 100 pages
  • Infinium Global Research
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Global Animal Feed Additives Market Expected to Grow at a CAGR Between 3.5% and 4% Over the Period of 2016 to 2021, Surpassing USD 19 Billion in 2021

FEATURED COMPANIES

  • Adisseo France
  • ADM
  • Alltech Inc.
  • BASF SE
  • Cargill Inc.
  • Chr. Hansen
  • MORE
Global animal feed additives market is expected to grow at a CAGR between 3.5% and 4% over the period of 2017-2023.The feed supplements and nutritionals given to animals through feed are known as Animal Feed Additives. Feed additives aid to improve the health conditions of the farm animals to a large extent. Moreover adequate amount of feed additives help improve the quality of animal based products such as meat, dairy, and leather. Due to increasing awareness among the farmers about the animal health and importance of feed additives in improving animal health the demand for feed additives is expected to grow globally.

Market Insights

Global animal feed additives market is characterized by continuous research and development and leading players such as BASF, Cargill and ADM spend significant amount on R&D to improve the efficiency of the additives and improve animal health. Globally, the animal feed additives market was dominated by Europe in 2015 followed by Asia Pacific, mainly due to large livestock population size, Asia-Pacific region is expected to witness highest growth in terms of CAGR over the forecast period, 2017-2023.

Globally, the Animal Feed Additives market is expected to be driven by factors such as raising awareness about the health benefits of feed additives among the consumers, new product launches and innovations by leading companies, and rapid commercialization in animal industry. Moreover, growing demand of livestock for meat consumption and improving animal husbandry practices due to improving quality of animal produce. One of the primary challenges of the market is regulatory aspects that the feed additives manufacturers need to comply with.

Segments Covered

The report covers the analysis of global as well as regional markets of Animal Feed Additives market. Moreover, the global feed additives market is segmented by additive types and by livestock. The global animal feed additives market by additive types covers Antioxidants, Amino Acids, Enzymes, Vitamins, Minerals, Antibiotics, Acidifiers, Binders and Others. On the basis of livestock the market is segmented as Swine, Cattle, Poultry, Aquatic Animals, and Others

Geographies covered

The global animal feed additives market covers analysis of regions such as North America, Europe, Asia-Pacific and RoW (including Latin America, Middle East and Africa). Among the geographies, Asia Pacific was the largest market in terms of revenue of animal feed additives, and it is expected to be the fastest growing market for baking ingredients in terms of CAGR over the forecast period of 2017-2023.

Companies Profiled

The companies covered in the report include manufacturers of Animal Feed Additives including Cargill Inc., BASF SE, ADM, Evonik Industries, Novozymes, Alltech Inc., Adisseo France, Chr. Hansen, Invivo NSA, Koninklijke DSM N.V, Nutreco N.V.

Report Highlights

The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of animal feed additives. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the animal feed additives market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
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FEATURED COMPANIES

  • Adisseo France
  • ADM
  • Alltech Inc.
  • BASF SE
  • Cargill Inc.
  • Chr. Hansen
  • MORE
1. Preface
1.1. Report description
1.2. Research methods
1.3. Research approaches

2. Executive summary

3. Global Animal Feed Additives Market Overview
3.1. Introduction
3.2. Market dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter’s five forces analysis
3.4. Macro indicator and factor analysis
3.5. Demographic Factor Analysis by Regions
3.5.1. North America (NAFTA)
3.5.2. Europe
3.5.3. Asia-Pacific
3.5.4. South America
3.6. Competitive landscape in the animal feed additives market

4. Snapshots
4.1. Global Animal Feed additives market key trends
4.2. Global animal feed additive market by type
4.3. Global animal feed additives market by livestock
4.4. Growth matrix analysis

5. Global Animal Feed Additives Market Analysis, By Additive Type (USD million) 2017-2023
5.1. Antioxidants
5.2. Amino Acids
5.3. Enzymes
5.4. Vitamins
5.5. Minerals
5.6. Antibiotics
5.7. Acidifiers
5.8. Binders
5.9. Others

6. Global Animal Feed Additives market analysis, by livestock (USD million)2017-2023
6.1. Swine
6.2. Cattle
6.3. Poultry
6.4. Aquatic Animals
6.5. Others

7. Global Animal Feed Additives market analysis, regional analysis (USD million) 2017-2023
7.1. North America
7.1.1. North America Animal Feed Additives market by additive type (USD million)
7.1.2. North America Animal Feed Additives market by livestock (USD million)
7.1.3. North America Animal Feed Additives market by country (USD million)
7.2. Europe
7.2.1. Europe Animal Feed Additives market by additive type (USD million)
7.2.2. Europe Animal Feed Additives market by livestock (USD million)
7.2.3. Europe Animal Feed Additives market by country (USD million)
7.3. Asia Pacific
7.3.1. Asia Pacific Animal Feed Additives market by additive type (USD million)
7.3.2. Asia Pacific Animal Feed Additives market by livestock (USD million)
7.3.3. Asia Pacific Animal Feed Additives market by country (USD million)
7.4. Rest of the World (RoW)
7.4.1. RoW Animal Feed Additives market by additive type (USD million)
7.4.2. RoW Animal Feed Additives market by livestock (USD million)

8. Company profiles
8.1. Cargill Inc.
8.2. BASF SE
8.3. ADM
8.4. Evonik Industries
8.5. Novozymes
8.6. Alltech Inc.
8.7. Adisseo
8.8. Chr. Hansen
8.9. Invivo NSA
8.10. Koninklijke DSM N.V
8.11. Nutreco N.V.
Note: Product cover images may vary from those shown
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  • Cargill Inc.
  • BASF SE
  • ADM
  • Evonik Industries
  • Novozymes
  • Alltech Inc.
  • Adisseo France
  • Chr. Hansen
  • Invivo NSA
  • Koninklijke DSM N.V
  • Nutreco N.V.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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