- 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.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
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.
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.