Global Animal Feed Ingredients Market 2024

Global Animal Feed Ingredients Market 2024

According to the latest data, the market size of the global animal feed ingredients sector is expected to rise by USD 8.6 billion with a CAGR of 5.4% by the end of 2030. The animal feed ingredients market is experiencing robust growth, propelled by a convergence of key market drivers that underscore its importance in the global agricultural and food industries. Foremost among these is the escalating demand for high-quality animal protein, driven by a rising global population and increasing urbanization. As consumers' dietary preferences shift towards protein-rich foods, there is a corresponding surge in the need for efficient and nutritionally balanced animal feed.

Technological advancements in feed formulation and production are also significant drivers. Innovations in biotechnology and precision nutrition are enabling the development of specialized feed ingredients that enhance animal health and productivity. These advancements not only improve feed efficiency but also contribute to sustainable farming practices by reducing waste and minimizing the environmental impact of livestock production.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the product, animal type, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

The global animal feed ingredients market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.

The global market for animal feed ingredients can be segmented by product: amino acids, antioxidants, enzymes, mycotoxin deactivators, organic acids, organic trace minerals, prebiotics, probiotics, vitamins, others.

Animal feed ingredients market is further segmented by animal type: aquaculture, poultry, ruminants, swine, others.

Based on region, the animal feed ingredients market is segmented into: Asia-Pacific, Europe, North America, MEA (Middle East and Africa), Latin America.

The report explores the recent developments and profiles of key vendors in the Global Animal Feed Ingredients Market, including AB Vista, Inc. (Associated British Foods plc), Ajinomoto Co., Inc., Alltech Inc., Anpario plc, Balchem Corporation, BASF SE, Bioergex Salatas Bros S.A., Biovet S.A., Bluestar Adisseo Company, BTSA Biotecnologias Aplicadas S.L., Camlin Fine Sciences Ltd., Cargill, Incorporated, CJ CheilJedang Corporation, Corbion N.V., Daesang Corporation, Devenish Nutrition Ltd., DSM-Firmenich AG, Eastman Chemical Company, Evonik Industries AG, Fufeng Group Limited, Henan Julong Biological Engineering Co., Ltd., Hubei Guangji Pharmaceutical Co., Ltd., Industrial Técnica Pecuaria, S.A. (ITPSA), Jiangxi Tianxin Pharmaceutical Co., Ltd., Jungbunzlauer Suisse AG, Kemin Industries, Inc., MeiHua Holdings Group Co., Ltd., Ningxia Eppen Biotech Co., Ltd., Novonesis Group, Novus International, Inc., Oxiris Chemicals SA, Perstorp AB, PeterLabs Holdings Berhad, Sumitomo Chemical Co., Ltd., The Archer-Daniels-Midland Company, Trouw Nutrition (Nutreco N.V.), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Why Choose This Report

Gain a reliable outlook of the global animal feed ingredients market forecasts from 2024 to 2030 across scenarios.

Identify growth segments for investment.

Stay ahead of competitors through company profiles and market data.

The market estimate for ease of analysis across scenarios in Excel format.

Strategy consulting and research support for three months.

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Market Segments Covered in Global Animal Feed Ingredients Industry Analysis:

i.) Product

• Amino acids
• L-Lysine
• DL-Methionine
• L-Threonine
• L-Tryptophan
• L-Valine
• Antioxidants
• Enzymes
• Proteases
• Phytases
• Carbohydrates
• Mycotoxin deactivators
• Organic acids
• Acid blends
• Single acids
• Organic trace minerals
• Zinc
• Iron
• Copper
• Manganese
• Others
• Prebiotics
• Probiotics
• Vitamins
• Vitamin A
• Vitamin B
• Vitamin D
• Vitamin E
• Vitamin K3
• Others

ii.) Animal type

• Aquaculture
• Poultry
• Ruminants
• Swine
• Others

iii.) Region

• Asia-Pacific
• Europe
• North America
• MEA (Middle East and Africa)
• Latin America