Global Organic Feed Additives Market Growth 2023-2029
A feed additive is a food supplement for farm animals that cannot get enough nutrients from regular meals. Such additives include vitamins, amino acids, fatty acids, and minerals. In some cases, if an animal does not have some specific nutrition in its diet, it may not grow properly. The nutritional values of animal feeds are influenced not only by their nutrient content, but also by many other factors. These include feed presentation, hygiene, digestibility, and effect on intestinal health. Even with all of the benefits of higher quality feed, most of a farm animal's diet still consists of maize, wheat, and soybean meal because of the higher costs of quality feed.
LPI (LP Information)' newest research report, the “Organic Feed Additives Industry Forecast” looks at past sales and reviews total world Organic Feed Additives sales in 2022, providing a comprehensive analysis by region and market sector of projected Organic Feed Additives sales for 2023 through 2029. With Organic Feed Additives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Organic Feed Additives industry.
This Insight Report provides a comprehensive analysis of the global Organic Feed 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 Organic Feed Additives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Organic Feed Additives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Organic Feed 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 Organic Feed Additives.
The global Organic Feed Additives market size is projected to grow from US$ 11970 million in 2022 to US$ 14720 million in 2029; it is expected to grow at a CAGR of 14720 from 2023 to 2029.
Changing lifestyle and consumer’s preference towards healthy, dietary, natural products and increasing meat consumption are key drivers for the market. Growing health concerns among the sizeable global population together with increasing awareness about the benefits of organic feed additives for animals that cannot get enough nutrients from regular meals are most likely to foster the demand for organic feed additives. For instance, poultry feed additives are used to improve the bird’s egg-laying capacity, disease prevention, as well as feed utilization.
This report presents a comprehensive overview, market shares, and growth opportunities of Organic Feed Additives market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Acidifiers
Antioxidants
Antibiotics
Amino Acids
Enzymes
Binders
Others
Segmentation by application
Livestock
Poultry
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 Industries
Archer Daniels Midland
Cargill
Chr. Hansen
Adisseo
BASF
Invivo NSA
Key Questions Addressed in this Report
What is the 10-year outlook for the global Organic Feed Additives market?
What factors are driving Organic Feed Additives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Organic Feed Additives market opportunities vary by end market size?
How does Organic Feed 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.