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Zootechnical Feed Additive Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • March 2023
  • Region: Global
  • Lucintel
  • ID: 5778355
The future of the global zootechnical feed additive market looks promising with opportunities in the livestock, poultry, and pet industries. The global zootechnical feed additive market is expected to reach an estimated $9.5 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing demand for animal protein as it helps in enhancing production of more meat, egg, and dairy products.

Zootechnical Feed Additive Market by Segment

The study includes a forecast for the global zootechnical feed additive market by ingredient type, end use industry, and region, as follows:

Zootechnical Feed Additive Market by Ingredient Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Prebiotics
  • Probiotics
  • Phytogenic
  • Protein-Based

Zootechnical Feed Additive Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Livestock Industry
  • Poultry
  • Pet Industry

Zootechnical Feed Additive Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Zootechnical Feed Additive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies zootechnical feed additive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the zootechnical feed additive companies profiled in this report include.
  • Delacon
  • Novus International
  • Phytobiotics
  • Alltech
  • ADM
  • Nutreco
  • Evonic

Zootechnical Feed Additive Market Insights

  • The analyst forecasts that protein-based will remain the largest segment over the forecast period due to increasing demand for protein-rich animal-based products and rising awareness about usage and benefits of feed additive among livestock farmers.
  • Livestock industry is expected to record the highest growth due to growing livestock population and increasing demand for animal based products.
  • European region is expected to witness the highest growth during the forecast period due to growing demand for high quality animal products and increasing stringent regulations regarding animal health.

Features of the Zootechnical Feed Additive Market

  • Market Size Estimates: Zootechnical feed additive market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Zootechnical feed additive market size by various segments, such as by ingredient type, end use industry, and region
  • Regional Analysis: Zootechnical feed additive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by ingredient type, end use industry, and regions for the zootechnical feed additive market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the zootechnical feed additive market.
  • - Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the zootechnical feed additive market size?
Answer: The global zootechnical feed additive market is expected to reach an estimated $9.5 billion by 2028.

Q2. What is the growth forecast for zootechnical feed additive market?
Answer: The global zootechnical feed additive market is expected to grow with a CAGR of 6.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the zootechnical feed additive market?
Answer: The major drivers for this market are increasing demand for animal protein as it helps in enhancing production of more meat, egg, and dairy products.

Q4. What are the major segments for zootechnical feed additive market?
Answer: The future of the zootechnical feed additive market looks promising with opportunities in the livestock, poultry, and pet industries.

Q5. Who are the key zootechnical feed additive companies?
Answer: Some of the key zootechnical feed additive companies are as follows:
  • Delacon
  • Novus International
  • Phytobiotics
  • Alltech
  • ADM
  • Nutreco
  • Evonic
Q6. Which zootechnical feed additive segment will be the largest in future?
Answer: The analyst forecasts that protein-based will remain the largest segment over the forecast period due to increasing demand for protein-rich animal-based products and rising awareness about usage and benefits of feed additive among livestock farmers.

Q7. In zootechnical feed additive market, which region is expected to be the largest in next 5 years?
Answer: European region is expected to witness the highest growth during the forecast period due to growing demand for high quality animal products and increasing stringent regulations regarding animal health.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q1. What are some of the most promising, high-growth opportunities for the zootechnical feed additive market by ingredient type (prebiotics, probiotics, phytogenic, and protein-based), end use industry (livestock industry, poultry, and pet industry), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary

2. Global Zootechnical Feed Additive Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Zootechnical Feed Additive Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Zootechnical Feed Additive Market by Ingredient Type
3.3.1: Prebiotics
3.3.2: Probiotics
3.3.3: Phytogenic
3.3.4: Protein-Based
3.4: Global Zootechnical Feed Additive Market by End Use Industry
3.4.1: Livestock Industry
3.4.2: Poultry
3.4.3: Pet Industry

4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Zootechnical Feed Additive Market by Region
4.2: North American Zootechnical Feed Additive Market
4.2.1: North American Zootechnical Feed Additive Market by Ingredient Type: Prebiotics, Probiotics, Phytogenic, and Protein-Based
4.2.2: North American Zootechnical Feed Additive Market by End Use Industry: Livestock Industry, Poultry, and Pet Industry
4.3: European Zootechnical Feed Additive Market
4.3.1: European Zootechnical Feed Additive Market by Ingredient Type: Prebiotics, Probiotics, Phytogenic, and Protein-Based
4.3.2: European Zootechnical Feed Additive Market by End Use Industry: Livestock Industry, Poultry, and Pet Industry
4.4: APAC Zootechnical Feed Additive Market
4.4.1: APAC Zootechnical Feed Additive Market by Ingredient Type: Prebiotics, Probiotics, Phytogenic, and Protein-Based
4.4.2: APAC Zootechnical Feed Additive Market by End Use Industry: Livestock Industry, Poultry, and Pet Industry
4.5: ROW Zootechnical Feed Additive Market
4.5.1: ROW Zootechnical Feed Additive Market by Ingredient Type: Prebiotics, Probiotics, Phytogenic, and Protein-Based
4.5.2: ROW Zootechnical Feed Additive Market by End Use Industry: Livestock Industry, Poultry, and Pet Industry

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Zootechnical Feed Additive Market by Ingredient Type
6.1.2: Growth Opportunities for the Global Zootechnical Feed Additive Market by End Use Industry
6.1.3: Growth Opportunities for the Global Zootechnical Feed Additive Market by Region
6.2: Emerging Trends in the Global Zootechnical Feed Additive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Zootechnical Feed Additive Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Zootechnical Feed Additive Market
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: Delacon
7.2: Novus International
7.3: Phytobiotics
7.4: Alltech
7.5: ADM
7.6: Nutreco
7.7: Evonic

Companies Mentioned (Partial List)

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

  • Delacon
  • Novus International
  • Phytobiotics
  • Alltech
  • ADM
  • Nutreco
  • Evonic

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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