- Antibiotics
- Antioxidants
- Acidifiers
- Vitamins and minerals
- Enzymes
- Amino acids
- Binders
Middle East And Africa Feed Additives Market size was valued at USD 662.8 million in 2021 and is expected to reach USD 945.1 million by 2028, at a CAGR of 5.2% during the forecast period 2022 to 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.
Middle East And Africa Feed Additives Market Summary
Study Period
2023-29
Base Year
2022
CAGR
5.2%
Largest Market
N/A
Fastest Growing Market
N/A
Middle East and Africa Feed Additives Market
Increase in demand for the livestock meat coupled with the rise in health concerns among the population drive the Middle East and Africa feed additives market. Moreover, entry of market players into Middle East and Africa region with the launch of newer products, surge in economic growth rate in GCC countries, and rise in livestock farming are surge the Middle East and Africa feed additives market over the forecast years. However, lack of awareness about livestock diseases and feed additives in underdeveloped countries, high cost of feed and environmental factors leads to feed deterioration are deters the growth of Middle East and Africa feed additives market.
Middle East and Africa Feed Additives Market
Middle East And Africa Feed Additives Market
Geographically, Middle East and Africa feed additives market is segmented into Gulf Cooperation Council (GCC) countries, Israel, South Africa, and Rest of Middle East and Africa. Gulf Cooperation Council (GCC) countries feed additives market is poised to grow due to increase in the consumption of livestock products in Saudi Arabia, UAE, and other GCC countries, increase in the livestock farming, and adoption of newer products are bolster the market. South Africa feed additives market has prominent share attributed to lifestyle changes, increase in health conscious among the population, and increase in consumption of animal proteins are fuel the market. Israel feed additives market has a lucrative growth over the forecast period attributed to grow in disposable income, launching of newer products by market players, 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
- In May 2018, Cargill, Inc. acquired majority stake in Ekol Gida a leading company operating in premix and feed additives markets in Turkey to expand its business in Africa
Middle East And Africa 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)
- Evonik Industries AG (Germany)
- Novozymes (Novo Holdings A/S) (Denmark)
- BASF SE (Germany)
- Kemin Industries (U.S)
- Archer Daniels Midland Company (U.S)
- Cargill Inc. (U.S)