- Antibiotics
- Antioxidants
- Acidifiers
- Vitamins and minerals
- Enzymes
- Amino acids
- Binders
Feed additives are the ingredients added in the production of animal feed to enhance the animal nutrition and improve the nutrition properties of animal fodder. These include grains, added vitamins, fats/oils, minerals, and other nutritional & energy sources. Feed additives are available in liquids, powders, and pellets and these are help to prevent the nutritional and vitamin deficiencies in animals. Feed additives are either chemical or neutral additives. In August 2015, Biomin received EU approval extension for its Poultrystar, a probiotic feed additive for poultry
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Increase in the livestock farming in developed countries such as Germany, France, U.K., and Russia, coupled with high adoption of newer feed products drive the Europe feed additives market. Moreover, rise in health concerns towards the consumption of protein rich animal products such as eggs and meat, presence of huge number of market players in the region, and increase in veterinary healthcare expenditure are surge the Europe feed additives market over the forecast years. However, stringent regulations for product approval, ban on certain types of antibiotics in the animal feed, high cost of feed and environmental factors leads to feed deterioration are impede the growth of Europe feed additives market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.