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Animal Nutrition Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 140 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5647849
Description Jump to:
The global animal nutrition chemicals market size reached US$ 10.9 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 15.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.

Animal nutrition chemicals are feed additive products or supplements that promote the growth of animals and maintain their health. They include feeding attractants, immunostimulants, prebiotics, probiotics, acidifiers, and essential oils. They help improve animal immunity, fertility, pregnancy outcome, newborn survival and growth, meat quality, and feed efficiency. They assist in promoting ingestion, absorption, assimilation of nutrients, growth, and health. Besides this, they aid in improving physiological processes, such as stress resistance and reproduction. As a result, animal nutrition chemicals are extensively utilized in the feed industry to improve the efficacy of the final product.

Animal Nutrition Chemicals Market Trends:

Rapid urbanization is leading to a significant increase in domesticated animals across the globe and the rising requirement for their health insurance represents one of the key factors positively influencing the market. The expansion of pet health care centers and veterinaries and the rising risk of deadly health issues and malnutrition among livestock are also driving the market. In addition, the increasing purchasing power of individuals is enabling them to spend on healthy and nutritious feed additives. This, in confluence with the rising awareness among individuals about proper pet nutrition, is driving the demand for animal nutrition chemicals. Apart from this, considerable development in the meat and poultry market and the increasing consumption of red and white meat, and the escalating demand for protein-rich diets are other factors propelling the need for animal nutrition chemicals. This, in turn, is offering lucrative growth opportunities to industry investors. Moreover, the rising focus of manufacturers on product development by adopting environment-friendly methods and using naturally derived feedstock is anticipated to provide numerous opportunities to key players.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global animal nutrition chemicals market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, species and application.

Breakup by Product Type:

  • Amino Acid
  • Vitamin
  • Mineral
  • Enzyme
  • Fish Oil and Lipid
  • Carotenoid
  • Eubiotics
  • Others

Breakup by Species:

  • Poultry
  • Swine
  • Ruminant
  • Pet
  • Others

Breakup by Application:

  • Animal Food Manufacturer
  • Farm
  • Household
  • Veterinarian
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aumgene Biosciences Pvt. Ltd., Balchem Corporation, BASF SE, Cargill Incorporated, Evonik Industries AG (RAG-Stiftung), Kemin Industries Inc., Koninklijke DSM NV, Novozymes A/S A and Tata Chemicals Limited.

Key Questions Answered in This Report

1. How big is the global animal nutrition chemicals market?
2. What is the expected growth rate of the global animal nutrition chemicals market during 2023-2028?
3. What are the key factors driving the global animal nutrition chemicals market?
4. What has been the impact of COVID-19 on the global animal nutrition chemicals market?
5. What is the breakup of the global animal nutrition chemicals market based on the product type?
6. What is the breakup of the global animal nutrition chemicals market based on the species?
7. What is the breakup of the global animal nutrition chemicals market based on the application?
8. What are the key regions in the global animal nutrition chemicals market?
9. Who are the key players/companies in the global animal nutrition chemicals market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Animal Nutrition Chemicals Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Amino Acid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Vitamin
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Mineral
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Enzyme
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Fish Oil and Lipid
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Carotenoid
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Eubiotics
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by Species
7.1 Poultry
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Swine
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Ruminant
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Pet
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Application
8.1 Animal Food Manufacturer
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Farm
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Household
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Veterinarian
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aumgene Biosciences Pvt. Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Balchem Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Cargill Incorporated
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Evonik Industries AG (RAG-Stiftung)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Kemin Industries Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Koninklijke DSM NV
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Novozymes A/S
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Tata Chemicals Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
List of Figures
Figure 1: Global: Animal Nutrition Chemicals Market: Major Drivers and Challenges
Figure 2: Global: Animal Nutrition Chemicals Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Animal Nutrition Chemicals Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Animal Nutrition Chemicals Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Animal Nutrition Chemicals Market: Breakup by Species (in %), 2022
Figure 6: Global: Animal Nutrition Chemicals Market: Breakup by Application (in %), 2022
Figure 7: Global: Animal Nutrition Chemicals Market: Breakup by Region (in %), 2022
Figure 8: Global: Animal Nutrition Chemicals (Amino Acid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Animal Nutrition Chemicals (Amino Acid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Animal Nutrition Chemicals (Vitamin) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Animal Nutrition Chemicals (Vitamin) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Animal Nutrition Chemicals (Mineral) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Animal Nutrition Chemicals (Mineral) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Animal Nutrition Chemicals (Enzyme) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Animal Nutrition Chemicals (Enzyme) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Animal Nutrition Chemicals (Fish Oil and Lipid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Animal Nutrition Chemicals (Fish Oil and Lipid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Animal Nutrition Chemicals (Carotenoid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Animal Nutrition Chemicals (Carotenoid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Animal Nutrition Chemicals (Eubiotics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Animal Nutrition Chemicals (Eubiotics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Animal Nutrition Chemicals (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Animal Nutrition Chemicals (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Animal Nutrition Chemicals (Poultry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Animal Nutrition Chemicals (Poultry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Animal Nutrition Chemicals (Swine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Animal Nutrition Chemicals (Swine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Animal Nutrition Chemicals (Ruminant) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Animal Nutrition Chemicals (Ruminant) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Animal Nutrition Chemicals (Pet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Animal Nutrition Chemicals (Pet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Animal Nutrition Chemicals (Other Species) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Animal Nutrition Chemicals (Other Species) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Animal Nutrition Chemicals (Animal Food Manufacturer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Animal Nutrition Chemicals (Animal Food Manufacturer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Animal Nutrition Chemicals (Farm) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Animal Nutrition Chemicals (Farm) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Animal Nutrition Chemicals (Household) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Animal Nutrition Chemicals (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Animal Nutrition Chemicals (Veterinarian) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Animal Nutrition Chemicals (Veterinarian) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Animal Nutrition Chemicals (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Animal Nutrition Chemicals (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: North America: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: North America: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: United States: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: United States: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Canada: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Canada: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia-Pacific: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia-Pacific: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: China: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: China: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Japan: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Japan: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: India: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: India: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: South Korea: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: South Korea: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Australia: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Australia: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Indonesia: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Indonesia: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Europe: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Europe: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Germany: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Germany: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: France: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: France: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: United Kingdom: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: United Kingdom: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Italy: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Italy: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Spain: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Spain: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Russia: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Russia: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Latin America: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Latin America: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Brazil: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Brazil: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Mexico: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Mexico: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Others: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Others: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Middle East and Africa: Animal Nutrition Chemicals Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Middle East and Africa: Animal Nutrition Chemicals Market: Breakup by Country (in %), 2022
Figure 92: Middle East and Africa: Animal Nutrition Chemicals Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Global: Animal Nutrition Chemicals Industry: SWOT Analysis
Figure 94: Global: Animal Nutrition Chemicals Industry: Value Chain Analysis
Figure 95: Global: Animal Nutrition Chemicals Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Animal Nutrition Chemicals Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Animal Nutrition Chemicals Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Animal Nutrition Chemicals Market Forecast: Breakup by Species (in Million US$), 2023-2028
Table 4: Global: Animal Nutrition Chemicals Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Animal Nutrition Chemicals Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Animal Nutrition Chemicals Market: Competitive Structure
Table 7: Global: Animal Nutrition Chemicals Market: Key Players

Companies Mentioned

  • Aumgene Biosciences Pvt. Ltd.
  • Balchem Corporation
  • BASF SE
  • Cargill Incorporated
  • Evonik Industries AG (RAG-Stiftung)
  • Kemin Industries Inc.
  • Koninklijke DSM NV
  • Novozymes A/S A
  • Tata Chemicals Limited.

Methodology

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Table Information

Report AttributeDetails
No. of Pages140
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 10.9 Billion
Forecasted Market Value ( USD ) by 2028 $ 15.3 Billion
Compound Annual Growth Rate5.8%
Regions CoveredGlobal
No. of Companies Mentioned9

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