Canada Feed Additives Market Size- By Type, By Form, By Livestock, By Source- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Canada Feed Additives Market Size- By Type, By Form, By Livestock, By Source- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Canada Feed Additives Market Introduction and Overview

According to SPER market research, ‘Canada Feed Additives Market Size- By Type, By Form, By Livestock, By Source – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Canada Feed Additives Market is predicted to reach USD 1.43 Billion by 2033 with a CAGR of 4.5%.

Feed additives are goods that are mixed into animal feed to improve both the nutritional content and the overall quality of the feed. These additions are high in probiotics, fatty acids, enzymes, vitamins, minerals, and amino acids, among other nutrients. A primary driver of the feed additives market growth in Canada is the increasing use of natural feed additives, including but not limited to bacteriocins, prebiotics, organic acids, and phytogenic chemicals.

The market for feed additives in Canada was affected by the Covid-19 outbreak in a variety of ways. Although the first lockout measures caused brief disruptions in feed additive availability due to disruptions in the supply chain and logistics, the overall impact has been largely beneficial. The epidemic brought attention to the significance of resilient agricultural systems and food security. The need for feed additives has increased as a result of a greater emphasis on the productivity, health, and welfare of animals.

Scope of the Report:

Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Form, By Livestock, By Source
Regions covered Alberta, Atlantic Canada, British Columbia, Central Canada, Northern Canada, The Prairies, Others

Companies Covered

Alltech, Inc., Archer Daniels Midland Co., BASF SE, Cargill Inc., DSM Nutritional Products AG, Elanco Animal Health Inc., Evonik Industries AG, IFF (Danisco Animal Nutrition), SHV (Nutreco NV), Solvay S.A., Others

Canada Feed Additives Market Segmentation:

By Type:Based on the Type, Canada Feed Additives Market is segmented as; Acidifiers, Amino Acids, Antibiotics, Enzymes, Flavours and Sweeteners, Minerals, Probiotics, Vitamins, Others.

By Form:Based on the Form, Canada Feed Additives Market is segmented as; Dry, Liquid.

By Livestock:Based on the Livestock, Canada Feed Additives Market is segmented as; Aquatic Animals, Poultry, Ruminants, Swine, Others.