North America Feed Additives Market: By Product Type (Antibiotics, Antioxidants, Acidifiers, Vitamins and minerals, Enzymes, Amino acids, Binders), By Species (Poultry, Swine, Aquatic, Ruminants, Others), By Formulation Type (Liquids, Solids, Others), and Country

 

North America Feed Additives Market growing at a CAGR of 4.7% 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. The usage of feed additives has increased over time as the industry has become more industrialised. Because of the price instability of natural feed supplies during the last decade, the animal feed industry has increased its use of various feed additives. Feed additives, which operate as a supplement, nutrient enhancer, feed conditioner, and other vital factors for maximum animal growth, have become necessary as the livestock, feed, and processed meat industries have become more industrialised.