- Antibiotics
- Antioxidants
- Acidifiers
- Vitamins and minerals
- Enzymes
- Amino acids
- Binders
Asia Pacific Feed Additives Market size was valued at USD x billion in 2021, growing at a CAGR of x% during the forecast period 2022-2028. 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 February 2018, Adisseo completed the acquisition of Belgian feed additives firm Nutriad for the expansion of business in Europe.
Global Asia Pacific Feed Additives Market Summary
Study Period
2023-29
Base Year
2022
CAGR
X%
Largest Market
Asia-Pacific
Fastest Growing Market
N/A
Growth
Increase in meat consumption due to surge in demand for protein rich food coupled with rise in health concerns especially in the countries such as India and China are drive the Asia Pacific feed additives market. Moreover, rise in grow in R&D expenditure for the development of newer products, adoption of newer feed additive products, and grow in awareness about the livestock diseases in emerging countries such as India and China are surge the Asia Pacific 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 Asia Pacific feed additives market.
Asia-Pacific Got Significant Share
Feed Additives Market
Geographically, Asia Pacific feed additives market is segmented into Japan, China, India, Australia & New Zealand, ASEAN countries, South Korea, and Rest of Asia Pacific. Japan feed additives market is poised to grow due to surge in the demand for healthy meat and other livestock products, rise in disposable income, and adoption of newer products in the country are bolster the market. China feed additives market has prominent share attributed to expansion of business by the market players in various country, launch of newer products by the market players, and grow in international trading of livestock products are fuel the market. India feed additives market has a lucrative growth over the forecast period attributed to rise in animal healthcare expenditure, frequent launching of newer products, and grow in consumption of meat due to rise in population are upsurge the revenue of market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2016 to 2021) and forecast (2022 to 2028)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Asia Pacific Feed Additives Market Segmentation
product type
species,
- Poultry
- Swine
- Aquatic
- Ruminants
- Others
formulation type
- Liquids
- Solids
- Others
Frequently Asked Questions
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.
- Nutreco N.V. (The Netherlands)
- Koninklijke DSM N.V. (The Netherlands)
- Charoen Popkhand Foods (Thailand)
- Evonik Industries AG (Germany)
- InVivo Nutrition Et Sante Animales (France)
- Novus International Inc. (U.S)
- Novozymes (Novo Holdings A/S) (Denmark)
- Adisseo (China)
- BASF SE (Germany)
- Kemin Industries (U.S)
- Archer Daniels Midland Company (U.S)
- Cargill Inc. (U.S)