Acids & Nutrients in Animal Nutrition Market Forecasts to 2028 – Global Analysis By Product Type (Fibers, Organic Acids, Vitamins, Amino Acids, Proteins, Carbohydrates, Minerals and Other Product Types), Application (Poultry, Ruminant, Aqua, Equine and Sw

Acids & Nutrients in Animal Nutrition Market Forecasts to 2028 – Global Analysis By Product Type (Fibers, Organic Acids, Vitamins, Amino Acids, Proteins, Carbohydrates, Minerals and Other Product Types), Application (Poultry, Ruminant, Aqua, Equine and Swine) and By Geography

According to Stratistics MRC, the Global Acids & Nutrients in Animal Nutrition Market is accounted for $18.04 billion in 2022 and is expected to reach $29.44 billion by 2028 growing at a CAGR of 8.5% during the forecast period. Acids and nutrients in the animal feed play a significant role in the normal growth and health of animals. Organic as well as synthetic acids have been used in animal feed for several decades as they make certain food preservation and safety by reducing bacterial and mould growth. Increasing commercialization in milk & meat industries is influencing animal feed manufacturers to maintain optimum nutrient and acid levels in products. This is expected to ensure health benefits to livestock and prevent them from endemic diseases.

According to Food and Agriculture Organization, in comparison to rural population, city population have a varied diet rich in animal fats and proteins, and characterized by higher consumption of poultry, meat, milk, and other dairy products. According to Global Agricultural Information Network, broiler production in India increased to 4.5 million tons due to increasing demand from the growing middle class.

Market Dynamics:

Driver:

Growing awareness of animal feed quality

The growing awareness of animal feed quality for domestic animals as well as the nutrient requirements required for them is driving the market. Good nutrition rich feeds ensure good health to the livestock and prevent them from endemic diseases. The animal feed for ruminants and high volume requirements of animal feed for cattle are major factors for the market growth.

Restraint:

Increase in the cost of production

The feed manufacturers are more inclined towards the usage of amino acids as a nutrient than proteins, due to cost factors and similarity in their functioning. As proteins are generated from amino acids, the prices of both nutrients differ and it has been identified that proteins are costlier than amino acids. However, rise in the cost of feed and supplements, lack of knowledge in some regions about the animal health are expected to dampen the market.

Opportunity:

Increased adoption of pets

Increased adoption of pets, a rise in care and concern for animal health is a major factor expected to create demand for healthy and safe feed for animals, in turn, drives the market. Rising awareness of healthy feed and stringent regulations to maintain sufficient nutrients are witnessing a growth of the market revenue. Hence, these are the factors fueling the expansion of the market.

Threat:

Health hazards

Health-related problems in animals like infertility, increased toxicity, and compromised immunity, occur due to such products consumption. However, environmental challenges impacting the livestock production. However, the development is hampered by alternate protein sources and a strict regulatory environment. These issues are thus hampering the growth of the market.

Covid-19 Impact

COVID-19 epidemic has posed major medical, social, and economic concerns. Whereas the medical community is focused on producing effective diagnostic and medical treatments, the feed sector is focused on generating healthy products for animals that use the nutritional ingredients to battle diseases by giving immunological support. The pandemic created massive disruptions in the animal nutrition market. It restricted the movement of goods in the supply chain across the globe.

The amino acid segment is expected to be the largest during the forecast period

The amino acid segment is estimated to have a lucrative growth, due to the increasing consumption of amino acids. Amino acid is a reasonably-priced and an essential nutrient used in animal feed as it provides animals with energy and increases their efficiency. The production cost of amino acids is low, especially in these regions and the availability is high. Some feed manufacturers also use it as a replacement of proteins but the growing awareness and market for animal feed is also pushing use of protein. Hence, these are the factors influencing the growth of the segment.

The aqua segment is expected to have the highest CAGR during the forecast period

The aqua segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the growing awareness of manufacturers regarding the opportunities. The aqua feed production is calculated to be very high. Proteins are served in large quantities to fishes in order to generate revenue from them in various forms. Technological advancements in aqua culture for maintaining the health and nutrition of aquatic animals owing to increasing human consumption of fishes and marine organisms is expected to have a positive impact on the market.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the increasing population that consumes the high amount of meat, milk and meat products, contributing to the market growth. This region consumes the major amount of amino acids for animal feed additives due to the low cost and availability. Furthermore, various disease occurrences in livestock animals have led to the increased rules and regulations on meat quality and safety, which has further encouraged the region expansion.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the occurrence of major key players. Increasing consumption of meat and dairy, availability of milk at lower prices, and proliferation of animal farms across the world has led to significant demands for quality acids and nutrients in animal feed. Moreover, the amino acids, and poultry acquire the largest share which is anticipated to propel the growth of the acids and nutrients in the region.

Key players in the market

Some of the key players profiled in the Acids & Nutrients in Animal Nutrition Market include Royal DSM N.V., BASF SE, Adisseo France S.A.S, Evonik Industries Ag, Alltech, Cargill, Incorporated, Archer Daniels Midland Company, Novus International, Inc., Koninklijke DSM N.V, AB Vista, Nutreco N.V., The DOW Chemical Company, Jubilant life sciences, DuPont, Elanco Animal Health Incorporated, Charoen Pokphand Foods Pcl., Kemin Industries, Inc, Bluestar Adisseo Co., Ltd, Tyson Foods Inc. and EW Nutrition.

Key Developments:

In July 2022, Nutrition & Health Division of BASF was enhancing its position as an ingredients partner for animal nutrition and human nutrition industries. This was performed by integrating strategic and operational responsibility in one global business unit. The unit is termed Nutrition Ingredients.

In April 2022, Cargill planned to extend the nutrient R&D capacities of the Global Animal Nutrition Innovation Center. The Center is in Elk River, Minnesota. It is 30 minutes from its headquarters.

In March 2021, Alltech pronounced that it was utilizing its greater than 40 years of scientific innovation and approved nutrition competence to human health. Alltech introduced a novel business division termed Acutia. Alltech is recognized for its animal health and nutrition portfolio.

Product Types Covered:
• Fibers
• Organic Acids
• Vitamins
• Amino Acids
• Proteins
• Carbohydrates
• Minerals
• Other Product Types

Application Covered:
• Poultry
• Ruminant
• Aqua
• Equine
• Swine

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements