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Global Industry Hub. (Sep, 2024). Animal Feed Additives Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Report ID: GIH 1043 | Sep 2024 | Format:
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Global Industry Hub. (Sep, 2024). Animal Feed Additives Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Animal Feed Additives Market size was valued at US$ 42.1 Bn in 2023, registering a CAGR of 4.4% during the forecast period (2024-2030), and the market is projected to be worth US$ 55.47 Bn by 2030.
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.
Animal Feed Additives Market Scope:
Report Coverage | Details |
---|---|
Base Year | 2023 |
Base Year Value | US$ 42.1 Bn |
Forecast Value | US$ 55.47 Bn |
CAGR | CAGR of 4.4% |
Forecast Period | 2024-2030 |
Historical Data | 2019-2022 |
Largest Market | North America |
Fastest Growing Market | Europe |
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The Animal Feed Additives market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.
Important Features of the Report:
Reasons for buying this report:
Product Outlook
Antibiotics
Vitamins
Vitamin A
Vitamin E
Vitamin B
Vitamin C
Others
Antioxidants
Amino Acids
Tryptophan
Lysine
Methionine
Threonine
Others
Feed Enzymes
Phytase
Non-Starch Polysaccharides & Others
Feed Acidifiers
Phosphates
Carotenoids
Mycotoxin Detoxifiers
Flavors & Sweeteners
Minerals
Non-Protein Nitrogen
Phytogenics
Preservatives
Probiotics
Others
Source Outlook
Natural
Synthetic
Form Outlook
Dry
Liquid
Livestock Outlook
Swine
Poultry
Cattle
Aquaculture
Others
Regional Outlook
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Belgium
Russia
Asia Pacific
China
India
Japan
South Korea
Thailand
Vietnam
Indonesia
Central & South America
Brazil
Argentina
Middle East and Africa
Saudi Arabia
South Africa
Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.
In May 2023, Evonik Industries AG launched the enhanced Biolys product for animal feeds, which delivers a high concentration of L-lysine for optimal animal nutrition.
In August 2023, Gramik launched a new range of cattle feed supplements, which include Doodh Sagar, Heifer Mix, and Urja Pashu PoshakAahar.
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03 Sep 2024 This Report Contains the Latest Market Numbers, Statistics & Data Aavailable