Feed Additives Market Scope And Analysis

  • Report Code : TIPRE00005141
  • Category : Food and Beverages
  • No. of Pages : 150
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Animal Feed Additives Market Scope, Growth, Size and Share by 2031

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Animal Feed Additives Market Report Animal Feed Additives Market Size and Share Animal Feed Additives Market Scope and Analysis

Animal Feed Additives Market Report Scope

Report Attribute Details
Market size in 2023 US$ 35.55 Billion
Market Size by 2031 US$ 54.71 Billion
Global CAGR (2023 - 2031) 5.5%
Historical Data 2021-2022
Forecast period 2023-2031
Segments Covered By Product Type
  • Amino Acid
  • Vitamins
  • Carotenoids
  • Enzymes
  • Prebiotics & Probiotic
  • Minerals
  • Acidifiers
  • Lipids
By Application
  • Poultry
  • Ruminants
  • Swine
  • Aquaculture
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ADM
  • Cargill Incorporated
  • Alltech
  • Land O Lakes Inc
  • EVONI
  • Dupont DE Nemours Inc
  • Nutreco N V
  • NOVOZYMES
  • KEMIN INDUSTRIES INC

    • Animal Feed Additives Market News and Recent Developments

    The animal feed additives market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion and strategies:

    • In December 2022, Adisseo group had agreed to acquire Nor-Feed and its subsidiaries to develop and register botanical additives for use in animal feed (Source: Adisseo group, Press Release)
    • In October 2022, the partnership between Evonik and BASF allowed Evonik certain non-exclusive licensing rights to OpteinicsTM, a digital solution to improve comprehension and reduce the environmental impact of the animal protein and feed industries. (Source: Evonik, Newsletter)
    • In November 2021, Archer-Daniels-Midland Company announced the opening of its new animal nutrition laboratory located in Rolle, Switzerland. The new lab will support the growth of science-based feed additives in order to meet customer needs for pet food, aquaculture, and livestock species globally. (Source: ADM, Newsletter)

    Animal Feed Additives Market Report Coverage and Deliverables

    The “Animal Feed Additives Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles