Global Animal Feeds Additives Market Growth 2023-2029

Global Animal Feeds Additives Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Animal Feeds Additives Industry Forecast” looks at past sales and reviews total world Animal Feeds Additives sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Feeds Additives sales for 2023 through 2029. With Animal Feeds Additives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Feeds Additives industry.

This Insight Report provides a comprehensive analysis of the global Animal Feeds Additives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Feeds Additives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Animal Feeds Additives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Feeds Additives and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Feeds Additives.

The global Animal Feeds Additives market size is projected to grow from US$ 24780 million in 2022 to US$ 28610 million in 2029; it is expected to grow at a CAGR of 28610 from 2023 to 2029.

The major players of Animal Feeds Additives cover BASF, Adisseo, Slade Inc., ADM, Nutreco, etc.

Regionally, China is the biggest consumption area of Animal Feeds Additives in the world, with about 32 percent of global total share. Europe is the second place in the world and accounts for about 22% of total.

Due to the wide range of Animal Feeds Additives application, such as in Poultry Feeds, Pig Feeds, etc., the market size of Animal Feeds Additives will not shrink.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Feeds Additives market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Minerals

Amino Acids

Vitamins

Enzymes

Others

Segmentation by application

Poultry Feeds

Ruminant Feeds

Pig Feeds

Aquaculture Feeds

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Evonik

DuPont

DSM

Adisseo

BASF

ADM

Nutreco

Novusint

Charoen Pokphand Group

Cargill

Sumitomo Chemical

Kemin Industries

Biomin

Alltech

Addcon

Bio Agri Mix

Key Questions Addressed in this Report

What is the 10-year outlook for the global Animal Feeds Additives market?

What factors are driving Animal Feeds Additives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Animal Feeds Additives market opportunities vary by end market size?

How does Animal Feeds Additives break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.