Food and Feed Additive Manufacturing in China - Industry Market Research Report

Food and Feed Additive Manufacturing in China - Industry Market Research Report

Food and Feed Additive Manufacturing in China

The Food and Feed Additive Manufacturing industry's development has slowed in recent years, mainly due to fluctuations in downstream industries and strict environmental protection policies. Industry revenue is expected to grow an annualized 5.7% over past five years through 2023 to total $47.6 billion, including 5.5% growth in 2023. Industry profitability has decreased to an anticipated 7.0% of industry revenue in 2023, largely due to increasing raw material and labor costs in recent years, as well as the effects of the COVID-19 pandemic.

The Food and Feed Additive Manufacturing industry in China produces natural and artificial products which can improve food characteristics, and additives for animal feed such as nutrient supplements and growth-promoting agents. The manufacture of food, beverages, fodder and tobacco flavors is excluded from this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.