Global Feed Additives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Feed Additives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Animal feed additives are enzyme supplements, phosphate, calcium and trace mineral mixtures that can be given to grazing animals during the dry or rainy season. These animal feed supplements can be mixed with fodder and have an extra shelf life.

Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.

According to our (Global Info Research) latest study, the global Feed Additives market size was valued at US$ 92420 million in 2023 and is forecast to a readjusted size of USD 97010 million by 2030 with a CAGR of 0.7% during review period.

Evonik is the leading company in the global feed additives market, but only has a market share of less than 4%. China is the global leading producer of feed additives, accounting for more than 30% of the market. In terms of type, the sales share of minerals is more than 50%. In the application field, the revenue share of poultry feed accounts for more than 40%.

This report is a detailed and comprehensive analysis for global Feed Additives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Feed Additives market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Feed Additives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Feed Additives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Feed Additives market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Feed Additives

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Feed Additives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Evonik, Adisseo, CJ Group, Novus International, DSM, Meihua Group, Kemin Industries, Zoetis, BASF, Sumitomo Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Feed Additives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Minerals
Amino Acids
Vitamins
Enzymes
Others

Market segment by Application
Poultry Feeds
Ruminant Feeds
Pig Feeds
Others

Major players covered
Evonik
Adisseo
CJ Group
Novus International
DSM
Meihua Group
Kemin Industries
Zoetis
BASF
Sumitomo Chemical
ADM
Alltech
Biomin
Lonza
Lesaffre
Nutreco
IFF
Novozymes

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Feed Additives product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Feed Additives, with price, sales quantity, revenue, and global market share of Feed Additives from 2019 to 2024.

Chapter 3, the Feed Additives competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Feed Additives breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Feed Additives market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Feed Additives.

Chapter 14 and 15, to describe Feed Additives sales channel, distributors, customers, research findings and conclusion.