Global Animal Nutrition Market Growth 2023-2029

Global Animal Nutrition Market Growth 2023-2029

Animal Feed Supplements 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.
LPI (LP Information)' newest research report, the “Animal Nutrition Industry Forecast” looks at past sales and reviews total world Animal Nutrition sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Nutrition sales for 2023 through 2029. With Animal Nutrition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Nutrition industry.
This Insight Report provides a comprehensive analysis of the global Animal Nutrition 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 Nutrition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Animal Nutrition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Nutrition 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 Nutrition.
The global Animal Nutrition market size is projected to grow from US$ 53940 million in 2022 to US$ 61400 million in 2029; it is expected to grow at a CAGR of 61400 from 2023 to 2029.
The major players in global Animal Nutrition market include Evonik, Adisseo, CJ Group, etc. The top 3 players occupy about 10% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 60% of the global market. Minerals is the main type, with a share about 55%. Poultry Feeds is the main application, which holds a share about 46%.
This report presents a comprehensive overview, market shares, and growth opportunities of Animal Nutrition 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
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
Adisseo
CJ Group
Novus International
DSM
Meihua Group
Kemin Industries
Zoetis
BASF
Sumitomo Chemical
ADM
Alltech
Biomin
Lonza
Lesaffre
Nutreco
DuPont
Novozymes
Key Questions Addressed in this Report
What is the 10-year outlook for the global Animal Nutrition market?
What factors are driving Animal Nutrition market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Animal Nutrition market opportunities vary by end market size?
How does Animal Nutrition 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.