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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Feed Additives Market By Source, By Additive Type, By Animal Type, By Form, and Region Forecast 2019-2030
Feed Additives Market size was valued at US$ 40.3 billion in 2023 and is poised to grow at a significant CAGR of 5.7% from 2024-2030. Antimicrobial ingredients are frequently present in poultry feeds to aid growth and illness management. Due to the risk, they posed to public health, food safety, and cross-resistance, the European Union outlawed feed-grade antibiotic growth promoters. As a result, feed makers are using current technology to embrace new kinds of natural feed additives in addition to antibiotics. The botanical reserves in this new generation of growth promoters comprise appropriate herb or plant extract mixes.
Various bioactive components, including alkaloids, bitters, flavonoids, glycosides, mucilage, saponins, and tannins, are present in herbs and plant extracts used as feed additives. Since herbs and plant extracts affect hunger and intestinal microbiota, they are predicted to have various impacts. This is because they stimulate pancreatic secretions, boosting immunological function and endogenous enzyme activity. Numerous plant products and their elements have extensive antibacterial action, antioxidant characteristics, and sedative effects. Probiotics aid in the microbial ecology of the gastrointestinal tract by preventing and controlling enteric infections in animals. Probiotics will be widely used in animal feed additives in the upcoming years due to research showing positive effects on the immune systems and digestion of cattle, ruminants, and poultry.
Moreover, commercial farming includes activities like raising livestock and agriculture, both of which are growing. The economies of nations like China, India, the United Kingdom, and the United States, among others, depend heavily on commercial agriculture and aquaculture cultivation. Commercial farms' production has expanded due to the rise in demand for meat and seafood products. The demand for premium meat and seafood products and rising levels of meat and dairy consumption are driving growth in the commercial farming sector. The development of the retail and agricultural industry may be advantageous for the market for animal feed additives. Global protein demand has increased commercial animal production, and inorganic phosphate supplements significantly aid the expansion of the animal feed sector.
Study Period
2024-2030Base Year
2023CAGR
5.7%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
The demand for and consumption of livestock-based goods like dairy and dairy-based products, meat, and eggs is predicted to rise, raising the need for feed additives to support farm animals' growth and development. Due to its great demand, low production costs, and low product pricing in developed and emerging nations, poultry meat is the main factor driving the expansion of global meat production. Furthermore, there is a growing preference for animal-sourced protein in either meat, eggs, or milk due to increased knowledge about the dynamics of food nutrients, particularly protein, on total physical and mental growth and development. This encourages the use of feed additives since it improves the nutritional value of the feed. On the other hand, ban on antibiotics in different nations limits the market growth.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 40.3 billion |
Market CAGR |
5.7% |
By Additive Type |
|
By Animal Type |
|
By Form |
|
By Source |
|
By Region |
|
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Feed Additives Market is valued at US$ 40.3 billion in 2023 and is poised to grow at a significant CAGR of 5.7% from 2024-2030
Kalsec, Inc., DSM, Ameri-Pac, Inc., BASF SE, Evonik Industries AG, FoodSafe Technologies, Lallemand, Inc., DuPont
Asia Pacific is the fastest-growing region for feed additives market
The feed additives market trend is characterized by a growing demand for natural and sustainable additives to enhance animal nutrition and health while reducing the use of synthetic additives.
1.Executive Summary |
2.Global Feed Additives Market Introduction |
2.1.Global Feed Additives Market - Taxonomy |
2.2.Global Feed Additives Market - Definitions |
2.2.1.Source |
2.2.2.Additive Type |
2.2.3.Animal Type |
2.2.4.Form |
2.2.5.Region |
3.Global Feed Additives Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Feed Additives Market Analysis, 2019-2023 and Forecast 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Feed Additives Market By Source, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
5.1. Synthetic |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Natural |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global Feed Additives Market By Additive Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. Amino acids |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Phosphates |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Vitamins |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Acidifiers |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Carotenoids |
6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Enzymes |
6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Mycotoxin detoxifiers |
6.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
6.8. Flavors & sweeteners |
6.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.8.3. Market Opportunity Analysis |
6.9. Antibiotics |
6.9.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.9.3. Market Opportunity Analysis |
6.10. Minerals |
6.10.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.10.3. Market Opportunity Analysis |
6.11. Antioxidants |
6.11.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.11.3. Market Opportunity Analysis |
6.12. Probiotics |
6.12.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.12.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.12.3. Market Opportunity Analysis |
7.Global Feed Additives Market By Animal Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. Poultry |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Ruminants |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Swine |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Aquatic animals |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Other livestock |
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.Global Feed Additives Market By Form, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. Dry |
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Liquid |
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
9.Global Feed Additives Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10.North America Feed Additives Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Source Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Synthetic |
10.1.2.Natural |
10.2. Additive Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Amino acids |
10.2.2.Phosphates |
10.2.3.Vitamins |
10.2.4.Acidifiers |
10.2.5.Carotenoids |
10.2.6.Enzymes |
10.2.7.Mycotoxin detoxifiers |
10.2.8.Flavors & sweeteners |
10.2.9.Antibiotics |
10.2.10.Minerals |
10.2.11.Antioxidants |
10.2.12.Probiotics |
10.3. Animal Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Poultry |
10.3.2.Ruminants |
10.3.3.Swine |
10.3.4.Aquatic animals |
10.3.5.Other livestock |
10.4. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Dry |
10.4.2.Liquid |
10.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11.Europe Feed Additives Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
11.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Synthetic |
11.1.2.Natural |
11.2. Additive Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Amino acids |
11.2.2.Phosphates |
11.2.3.Vitamins |
11.2.4.Acidifiers |
11.2.5.Carotenoids |
11.2.6.Enzymes |
11.2.7.Mycotoxin detoxifiers |
11.2.8.Flavors & sweeteners |
11.2.9.Antibiotics |
11.2.10.Minerals |
11.2.11.Antioxidants |
11.2.12.Probiotics |
11.3. Animal Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Poultry |
11.3.2.Ruminants |
11.3.3.Swine |
11.3.4.Aquatic animals |
11.3.5.Other livestock |
11.4. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Dry |
11.4.2.Liquid |
11.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12.Asia Pacific (APAC) Feed Additives Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
12.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Synthetic |
12.1.2.Natural |
12.2. Additive Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Amino acids |
12.2.2.Phosphates |
12.2.3.Vitamins |
12.2.4.Acidifiers |
12.2.5.Carotenoids |
12.2.6.Enzymes |
12.2.7.Mycotoxin detoxifiers |
12.2.8.Flavors & sweeteners |
12.2.9.Antibiotics |
12.2.10.Minerals |
12.2.11.Antioxidants |
12.2.12.Probiotics |
12.3. Animal Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Poultry |
12.3.2.Ruminants |
12.3.3.Swine |
12.3.4.Aquatic animals |
12.3.5.Other livestock |
12.4. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Dry |
12.4.2.Liquid |
12.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) Feed Additives Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
13.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Synthetic |
13.1.2.Natural |
13.2. Additive Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Amino acids |
13.2.2.Phosphates |
13.2.3.Vitamins |
13.2.4.Acidifiers |
13.2.5.Carotenoids |
13.2.6.Enzymes |
13.2.7.Mycotoxin detoxifiers |
13.2.8.Flavors & sweeteners |
13.2.9.Antibiotics |
13.2.10.Minerals |
13.2.11.Antioxidants |
13.2.12.Probiotics |
13.3. Animal Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Poultry |
13.3.2.Ruminants |
13.3.3.Swine |
13.3.4.Aquatic animals |
13.3.5.Other livestock |
13.4. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Dry |
13.4.2.Liquid |
13.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America Feed Additives Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
14.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Synthetic |
14.1.2.Natural |
14.2. Additive Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Amino acids |
14.2.2.Phosphates |
14.2.3.Vitamins |
14.2.4.Acidifiers |
14.2.5.Carotenoids |
14.2.6.Enzymes |
14.2.7.Mycotoxin detoxifiers |
14.2.8.Flavors & sweeteners |
14.2.9.Antibiotics |
14.2.10.Minerals |
14.2.11.Antioxidants |
14.2.12.Probiotics |
14.3. Animal Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Poultry |
14.3.2.Ruminants |
14.3.3.Swine |
14.3.4.Aquatic animals |
14.3.5.Other livestock |
14.4. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Dry |
14.4.2.Liquid |
14.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.AFB International |
15.2.2.Alltech |
15.2.3.Kemin Industries, Inc. |
15.2.4.Vitablend Asia Pacific Pte. Ltd. |
15.2.5.Kalsec, Inc. |
15.2.6.DSM |
15.2.7.Ameri-Pac, Inc. |
15.2.8.BASF SE |
15.2.9.Evonik Industries AG |
15.2.10.FoodSafe Technologies |
15.2.11.Lallemand, Inc. |
15.2.12.DuPont |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players