Resources
About Us
Meticulous Research®—a leading global market research company, published a research report titled ‘Feed Additives Market by Type (Performance Additives, Specialty Additives), Animal Type (Poultry, Ruminants, Swine, Aquatic Animals), Source (Synthetic, Natural), Form (Dry, Liquid), and Geography - Global Forecast to 2030.’
According to this latest publication from Meticulous Research®, the feed additives market is projected to reach $51.2 billion by 2030, at a CAGR of 5.3% from 2023–2030. The growth of this market is driven by the consistent growth in the compound feed sector, rising demand for meat and dairy products, and increasing disease outbreaks in livestock. In addition, factors such as the growing industrialization of the livestock sector and increasing utilization of feed additives in developing countries provide significant growth opportunities for manufacturers in the global feed additives market. However, the ban on the use of antibiotics in animal feed hinders the growth of the feed additives market.
Key Players
The key players operating in the feed additives market are Bluestar Adisseo Co. (China), Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Cargill, Incorporated (U.S.), Kemin Industries Inc. (U.S.), Alltech Inc. (U.S.), Nutreco N.V. (Netherlands), International Flavors & Fragrances Inc. (U.S.), Evonik Industries AG (Germany), Archer Daniels Midland (U.S.), ADDCON GROUP GmbH (Germany), Biovet S.A. (Spain) Royal AgriFirm Group. (Netherlands), Altilis Animal Nutrition (France), and Land O’Lakes Inc (U.S.).
The global feed additives market is segmented by type, animal type, source, form, and geography.
Based on type, the global feed additives market is segmented into performance additives, specialty additives, and other types. In 2023, the performance additives segment is expected to account for the largest share of the global feed additives market. The large market share of this segment is attributed to the increasing awareness among the farmers about the benefits of amino acids, minerals, and vitamins; the rising demand for compound animal feed with higher nutrient contents to improve feed intake; and the growing use of performance additives to metabolism and efficiency of feed utilization for economic and eco-friendly livestock production. However, the specialty additives segment is projected to register the highest CAGR during the forecast period.
Based on animal type, the global feed additives market is segmented into poultry, ruminants, swine, aquatic animals, and other animal types. In 2023, the poultry segment is expected to account for the largest share of the global feed additives market. The large market share of this segment is attributed to the growing demand for micro-nutrients in poultry production, consumers’ preference for poultry meat & eggs, low production as well as product cost of poultry meat, and high production of compound feed for poultry. However, the aquatic animals segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the rising consumption of fish and fish-based products, growing demand for high-quality aqua feed, and the advent of more sustainable technology in aquaculture.
Based on source, the global feed additives market is segmented into synthetic feed additives and natural feed additives. In 2023, the synthetic feed additives segment is expected to account for the larger share of the global feed additives market. The large market share of this segment is attributed to the easier availability of synthetic raw materials, lower production costs, and stronger market penetration. However, the natural feed additives segment is projected to register a higher CAGR during the forecast period.
Based on form, the global feed additives market is segmented into dry feed additives and liquid feed additives. In 2023, the dry feed additives segment is expected to account for the larger share of the global feed additives market. However, the liquid feed additives segment is projected to register a higher CAGR during the forecast period. The growth of this segment is driven by the shift towards liquid supplements due to their improved shelf life and versatility for various applications.
Based on geography, the feed additives market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global feed additives market. Asia-Pacific’s major market share is attributed to the enormous demand for animal-derived products, including milk, meat, eggs, and seafood; the high livestock population; the growing healthcare awareness; and the large production of compound feed.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5082
Key Questions Answered in the Report-
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Beet Gummies Market to Reach $217.6 Million by 2031
Read MoreEgg Replacers Market to Reach $2.27 Billion by 2031
Read MoreStarch Derivatives Market to Reach $70.48 Billion by 2031
Read MoreADHD Supplements Market to Reach $0.97 Billion by 2031
Read MoreGlycolic Acid Market to Reach $754.8 Billion by 2031
Read MoreMushroom Coffee Market to Reach $4.26 Billion by 2031
Read MoreFood Subscription Services Market to Reach $12.75 Billion by 2031
Read MoreCreatine Gummies Market to Reach $168.2 Million by 2031
Read MoreGluten-free Pasta Market to Reach $1,507.2 Million by 2031
Read MoreBeta Glucan Market to Reach $773.8 Million by 2031
Read MoreCannabidiol Market to Reach $71.06 Billion by 2031
Read MoreLactic Acid Market to Reach $10.64 Billion by 2031
Read MoreGluten-free Products Market to Reach $13.08 Billion by 2031
Read MoreFood Fortification Market to Reach $207.58 Billion by 2031
Read MoreScotch Whiskey Market to Reach $22.83 Billion by 2031
Read MoreHarvester Market to Reach $42.51 Billion by 2031
Read MorePet Supplements Market to Reach $4.68 Billion by 2031
Read MoreFood Preservatives Market to Reach $4.19 Billion by 2031
Read MoreFood Emulsifiers Market to Reach $5.87 Billion by 2031
Read MoreVegan Yogurt Market to Reach $8.85 Billion by 2031
Read MoreMeal Replacement Products Market to Reach $32.2 Billion by 2031
Read MoreFood Antioxidants Market to Reach $3.08 Billion by 2031
Read MoreSpecialty Enzymes Market to Reach $6.47 Billion by 2031
Read MoreFish Oil Market to Reach $4.51 Billion by 2031
Read MoreAlmond Milk Market to Reach $33.08 Billion by 2031
Read MoreBreakfast Cereals Market to Reach $54.24 Billion by 2031
Read MoreProtein Hydrolysates Market to Reach $1.07 Billion by 2031
Read MoreBotanical Supplements Market to Reach $81.6 Billion by 2031
Read MoreDextrin Market to Reach $4 Billion by 2031
Read MoreVitamins Market to Reach $26.03 Billion by 2031
Read MoreDietary Supplements Market to Reach $166.58 Billion by 2031
Read MoreMonk Fruit Sweeteners Market to Reach $147.2 Million by 2031
Read MoreFood Coating Market to Reach $5.92 Billion by 2031
Read MoreSavory Ingredients Market to Reach $13.38 Billion by 2031
Read MoreNatural Flavors Market to Reach $12.05 Billion by 2031
Read MoreKombucha Market to Reach $12.36 Billion by 2031
Read MoreEnergy Drinks Market to Reach $122.54 Billion by 2031
Read MoreSports Nutrition Market to Reach $82.35 Billion by 2031
Read MoreBotanicals Market to Reach $24.97 Billion by 2031
Read MorePlant-based Cheese Market to Reach $8.62 Billion by 2031
Read MoreNon-alcoholic Wine Market to Reach $2.61 Billion by 2031
Read MoreFrozen Dough Market to be Worth $37.8 Billion by 2031
Read MoreMarine Collagen Market to be Worth $2.32 Billion by 2031
Read MorePlant Extracts Market to Reach $63.26 Billion by 2031
Read MoreYeast Extract Market to Reach $2.92 Billion by 2031
Read MoreFood Packaging Market to Reach $698.4 Billion by 2031
Read MoreLecithin Market to Reach $2.91 Billion by 2031
Read MoreGelatin Market to be Worth $7.46 Billion by 2031
Read MoreAquafeed Market to be Worth $122.54 Billion by 2031
Read MoreBaby Food Market to be Worth $120.1 Billion by 2031
Read MoreOleoresins Market to Reach $2.49 Billion by 2031
Read MoreVegan Food Market to be Worth $109.4 Billion by 2031
Read MoreFruit Extracts Market to be Worth $31.11 Billion by 2031
Read MoreMoringa Extract Market to be Worth $10.65 Billion by 2031
Read MoreDTC Food Market to be Worth $195.39 Billion by 2031
Read MoreSuperfoods Market to Reach $281.9 Billion by 2030
Read MorePlant-based Meat Market to Reach $27.14 Billion by 2031
Read MoreEurope Seaweed Market to Reach $5.65 Billion by 2030
Read MoreAstaxanthin Market Worth $1.34 Billion by 2030
Read MoreVitamin D Market Worth $2.43 billion by 2030
Read MoreCarotenoids Market Worth $2.26 Billion by 2030
Read MoreAlgae Market Worth $29.8 billion by 2030
Read MoreFunctional Beverages Market Worth $179.8 Billion by 2029
Read MoreSavory Snacks Market Worth $347.2 Billion by 2029
Read MoreAnimal Feed Market to be Worth $1,008.8 Billion by 2031
Read MoreHealthy Snacks Market Worth $152.08 Billion by 2029
Read MoreEnzymes Market Worth $18.38 billion by 2029
Read MorePea Starch Market Worth $307.4 Million by 2029
Read MoreBakery Premixes Market Worth $547.8 Million by 2029
Read MorePotato Starch Market Worth $5.6 Billion by 2029
Read MorePostbiotics Market to be Worth $24 Million by 2029
Read MoreSugar-free Products Market Worth $65.31 Billion by 2029
Read MoreFrozen Seafood Market to Reach $74.34 Billion by 2029
Read MoreFrozen Ready Meals Market Worth $130.67 Billion by 2029
Read MoreFrozen Food Market to be Worth $447.79 Billion by 2031
Read MorePlant-based Milk Market to Reach $52.54 Billion by 2031
Read MoreLab-grown Meat Market Worth $1.99 Billion by 2035
Read MoreWheat Protein Market Worth $9.5 Billion by 2029
Read MoreBlack Soldier Fly Oil Market Worth $72 Million by 2029
Read MoreInsect Protein Market Worth $9.46 billion by 2030
Read MoreGluten-Free Products Market Worth $10.96 Billion by 2029
Read MoreMeat Market to Reach $1.52 Trillion by 2031
Read MoreEurope Plant-based Foods Market to Reach $21.62 Billion by 2031
Read MoreD-psicose Market Worth $438.1 Million by 2029
Read MoreCrickets Market to Reach $5,923.4 million by 2031
Read MoreNannochloropsis Market to Reach $14 Million by 2031
Read MoreNatural Carotenoids Market Worth $1.9 Billion by 2028
Read MoreStevia Market Worth $1.11 billion by 2028
Read MoreMicroalgae Market to Reach $2.26 Billion by 2031
Read MoreBotanical Extracts Market Worth $10.1 Billion by 2028
Read MoreCBD-infused Products Market to Reach $291.39 Billion by 2031
Read MoreColeus and Turmeric Market Worth $6.9 billion by 2027
Read MoreProtein Ingredients Market Worth $79.7 billion by 2028
Read MoreSugar Substitutes Market Worth $24.1 Billion by 2028
Read MoreChlorella Market Worth $412.3 million by 2028
Read MoreButterfly Pea Flowers Market to Reach $151.7 Billion by 2031
Read MoreSorbitol Market Worth $2.39 billion by 2030
Read MoreTaste Modulators Market to Reach $2.50 Billion by 2031
Read MoreFood Premix Market to be Worth $2.93 billion by 2030
Read MoreDairy Ingredients Market to Reach $93.22 Billion by 2031
Read MoreSpecialty Yeast Market Worth $4.8 billion by 2025
Read MorePea Protein Market to Reach $1.31 Billion by 2031
Read MoreSpirulina Market to Reach $1.20 Billion by 2031
Read MoreFood Flavors Market Worth $20.39 Billion by 2028
Read MoreNatural Sausage Casings Market Worth $2.79 Billion by 2028
Read MoreLegal Marijuana Market Worth $75.6 Billion By 2025
Read MoreFood Colors Market to Reach $5.42 Billion by 2031
Read MoreArtificial Casings Market to Reach $5.87 Billion by 2031
Read MoreEurope Artificial Casings Market to be Worth $1.65 Billion by 2030
Read MoreSoy Protein Market Worth $14.1 Billion by 2029
Read MoreEdible Insects Market to be Worth $17.9 Billion by 2033
Read MoreAmerican Whiskey Market to Reach $29.38 Billion by 2031
Read MoreAlgae Products Market to Reach $6.01 Billion by 2031
Read MoreDairy Products Market to Reach $1,167.93 Billion by 2031
Read MorePlant-based Protein Market to be Worth $26.45 Billion by 2031
Read MoreAlgal Pigments Market to Reach $718.0 Million by 2031
Read MoreMeat Substitute Market Worth $17.5 billion by 2027
Read MoreSmart Packaging Market Worth $43.6 billion by 2027
Read MoreFrozen Bakery Products Market worth $59.9 billion by 2027
Read MoreHydrocolloids Market to be Worth $18.34 Billion by 2031
Read MoreFood Safety Testing Market Worth $29.6 Billion by 2027
Read MorePhycocyanin Market to Reach $350.5 Million by 2031
Read MoreCollagen Market Worth $8.64 Billion by 2029
Read More