According to the latest report by IMARC Group, titled “Feed Additives Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global feed additives market reached a value of US$ 37.1 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.
Feed additives are supplements that are used for enhancing the quality and performance of animal feed. These products belong to various classes of molecules, compounds and organisms to promote healthy growth and assimilation of essential nutrients. These additives can also be utilized to enhance the flavor of the animal feed or digestibility of the feed materials. Some of the most commonly used additives include prebiotics, probiotics, preservatives, antioxidants, emulsifiers, emulsifiers, essential oils, acidifiers, stabilizing agents, coccidiostats and histomonostats. The intake of these supplements enhances the stress resistance, improves appetite and gut health, boosts immune function and stimulates the reproduction of the animals.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Global Feed Additives Market Trends:
The global market is primarily driven by the industrialization of meat and dairy production. Rapidly growing global population, along with shifting dietary preferences and an increase in meat consumption, has provided a thrust to the market growth. Moreover, consumers are increasingly becoming aware of the health benefits of protein-based diets, which has contributed to the escalating sales of good-quality meat and meat products. Additionally, the rising prevalence of livestock diseases has increased the uptake of feed additives that aid in livestock disease prevention. Furthermore, manufacturers are continually engaging in research and development (R&D) activities to launch efficient variants in the market. For instance, the adoption of new techniques such as lipid encapsulation is projected to enhance the stability and performance of the additives, thereby creating a positive outlook for the market.
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Key Market Segmentation:
Competitive Landscape With Key Players :
- Cargill
- ADM
- Dowdupont
- Evonik
- BASF
- DSM
- Solvay
- Ajinomoto
- Novozymes
- Hansen
- Invivo
- Nutreco
- Kemin
- Adisseo
- Alltech
Breakup by Source:
- Synthetic
- Natural
Breakup by Product Type:
- Amino Acids
- Lysine
- Methionine
- Threonine
- Tryptophan
- Phosphates
- Monocalcium Phosphate
- Dicalcium Phosphate
- Mono-Dicalcium Phosphate
- Defulorinated Phosphate
- Tricalcium Phosphate
- Others
- Vitamins
- Fat-Soluble
- Water-Soluble
- Acidifiers
- Propionic Acid
- Formic Acid
- Citric Acid
- Lactic Acid
- Sorbic Acid
- Malic Acid
- Acetic Acid
- Others
- Carotenoids
- Astaxanthin
- Canthaxanthin
- Lutein
- Beta-Carotene
- Enzymes
- Phytase
- Protease
- Others
- Mycotoxin Detoxifiers
- Binders
- Modifiers
- Flavors and Sweeteners
- Flavors
- Sweeteners
- Antibiotics
- Tetracycline
- Penicillin
- Others
- Minerals
- Potassium
- Calcium
- Phosphorus
- Magnesium
- Sodium
- Iron
- Zinc
- Copper
- Manganese
- Others
- Antioxidants
- Bha
- Bht
- Ethoxyquin
- Others
- Non-Protein Nitrogen
- Urea
- Ammonia
- Others
- Preservatives
- Mold Inhibitors
- Anticaking Agents
- Phytogenics
- Essential Oils
- Herbs and Spices
- Oleoresin
- Others
- Probiotics
- Lactobacilli
- Streptococcus Thermophilus
- Bifidobacteria
- Yeast
Breakup by Livestock:
- Ruminants
- Calves
- Dairy Cattle
- Beef Cattle
- Others
- Poultry
- Broilers
- Layers
- Breeders
- Swine
- Starters
- Growers
- Sows
- Aquatic Animal
- Others
Breakup by Form:
- Dry
- Liquid
Breakup by Region:
- Asia Pacific
- China
- North America
- Europe
- The Middle East and Africa
- Latin America
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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In-depth study of the Animal Feed Additives Industry that helps to provide answers and relevant questions regarding the Emerging trends and Growth opportunities.
It helps identify each of the major growth barriers aside from identifying the trends in the Animal Feed Additives market.The Animal Feed Additives Market report offers an in-depth analysis of the Global Market and several important aspects related to it.
This helps researchers in the study of the market’s performance so far and predicting the further performance for the forecasted period.
Various major market aspects such as demand and supply, revenue growth patterns market shares, and market trends are analyzed thoroughly while the drafting of this Animal Feed Additives report.Get Access to Report Sample: https://straitsresearch.com/report/animal-feed-additives-market//request-sampleMajor Key players covered in this report:Cargill, Incorporated, Alltech, Kemin Industries, Inc., Koninklijke DSM N.V., Novozymes A/S, Archer Daniels Midland Company, Addcon Group, BASF SE, Adisseo France SAS, Hansen A/S, DuPont de Nemours, Inc., Lallemand Inc., Lesaffre, Nebraska Cultures, Inc, AFB International, Elanco Animal Health Incorporated, NOVUS INTERNATIONAL,By Packaging Type Amino Acid, Antioxidant, Vitamin, Mineral, Binder, Antibiotic, Feed Enzyme, and Acidifier, Pigment, By Form Dry, Liquid, By Distribution Channel Poultry, Cattle, Pork, AquacultureIn the last few years, the concern regarding health and fitness has increased at a considerable rate, further driving the demand for animal products with high nutritional profiles.
In line with this, the farmers are opting for specialty ingredients in their animal feed that are safe, healthy, and sustainable, and can provide essential nutritional value, texture, and flavor to the feed.
It is also observed that the intake of these additives in a certain quantity has beneficial outcomes on livestock, such as improvement in digestion and reproduction.The report has been prepared after studying the different parameters ruling the Animal Feed Additives Market and the forecast period has been estimated from 2021-2029.
