The global animal feed additives market is anticipated to grow at a CAGR of around 4.1% during the forecast period 2020 to 2027 and to reach around US$ 51.8 Bn by 2027.
Market Dynamics
Rising demand for nutritional feeds from consumers in order to improve the health of animal and enhance the performance, coupled with players focus on innovative products offerings with amino acids, vitamins, antibiotics are major factors expected to drive the growth of global market.
Major players are focused on business expansion through strategic mergers and acquisitions as this is expected to help the company to enhance the customer base; this is another factor expected to further augment the growth of target market.
- In 2018, Agrifirm a produces feeds, premixes, concentrates, mineral mixes, and additives for the livestock acquired Nuscience mycotoxin binders business. This is expected to help the company to enhance the product portfolio and increasing the profit ratio.
- In 2019, Nutreco a global leader in animal nutrition and aquafeed acquired Cargill’s compound feed business in Portugal. This acquisition is expected to help the company to enhance the product portfolio and increase the business presence.
In addition, players are focused on introduction of innovative products in order to attract new customers, coupled with business segment expansion are factor expected to further boost the growth of global market
- In 2019, Layn Corporation expanded its business segment into feed additives and antibiotic alternatives. This is expected to help the company to improve its product portfolio and support multiple industries including animal feed.
- In 2019, BASF SE launched phytase product Natuphos E in Indonesia this is expected to help the company to enhance the customer base and increase the profit ratio.
However, factors such as stringent government regulation related to product approval and volatility in raw material prices are expected to hamper the growth of global animal feed additives market. In addition, ban on use of antibiotics in animal feed in some countries is another factor expected to further challenge the growth of target market.
High R&D activities by major players and innovative product offerings are factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, shift toward natural growth promoters is expected to further revenue support the growth of target market.
Animal Feed Additives Market Segment Analysis, 2019
The global animal feed additives market is further segmented into type, livestock, and form. The livestock segment is further bifurcated into swine, ruminants, poultry, aquatic animals, and others. Among form the dry segment is expected to account for significant revenue share in the global market. The form segment of the global market is segmented into dry, liquid, and others.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to rising awareness among consumers related to animal health. In addition, presence of large number of players operating in the country and high investment for R&D activities, coupled with innovative product offerings are among other factors expected to augment the growth of target market.
Asia Pacific is expected to witness faster growth in the near future owing to increasing outbreak of animal disease. In addition, major players focus towards developing countries in order to increase the business presence and track the untapped market is another factor expected to further support the growth of target market in this region.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
Market
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Global Animal Feed Additives Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Product, Livestock, Form and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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The market research study on “Animal Feed Additives Market (Product: Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers, and Others; Livestock: Swine, Ruminants, Poultry, Aquatic Animals, and Others; Form: Dry, Liquid, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global animal feed additives market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global animal feed additives market segment by product, livestock, form and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global animal feed additives market size and segment markets by product, livestock, form and geography along with the information on companies operating in the market. The animal feed additives market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Addcon Group, Aliphos Belgium S.A., Kemin Industries Inc., Koninklijke DSM N.V., BASF SE, Cargill, Inc., and Phibro Animal Health Corporation.
Market Segmentation
Market By Product
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Feed Enzymes
- Feed Acidifiers
- Others
Market By Livestock
- Swine
- Ruminants
- Poultry
- Aquatic Animals
- Others
Market By Form
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Animal Feed Additives
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Animal Feed Additives Market By Product
1.2.2.1. Global Animal Feed Additives Market Revenue and Growth Rate Comparison By Product(2020-2027)
1.2.2.2. Global Animal Feed Additives Market Revenue Share By Product in 2019
1.2.2.3. Antibiotics
1.2.2.4. Vitamins
1.2.2.3. Antioxidants
1.2.2.4. Amino Acids
1.2.2.4. Feed Enzymes
1.2.2.3. Feed Acidifiers
1.2.2.4. Others
1.2.3. Animal Feed Additives Market By Livestock
1.2.3.1. Global Animal Feed Additives Market Revenue and Growth Rate Comparison By Livestock (2020-2027)
1.2.3.2. Global Animal Feed Additives Market Revenue Share By Livestock in 2019
1.2.3.2.1. Swine
1.2.3.2.2. Ruminants
1.2.3.2.3. Poultry
1.2.3.2.4. Aquatic Animals
1.2.3.2.5. Others
1.2.4. Animal Feed Additives Market By Form
1.2.4.1. Global Animal Feed Additives Market Revenue and Growth Rate Comparison By Form(2020-2027)
1.2.4.2. Global Animal Feed Additives Market Revenue Share By Form in 2019
1.2.4.2.1. Dry
1.2.4.2.2. Liquid
1.2.4.2.3. Others
1.2.5. Animal Feed Additives Market By Geography
1.2.5.1. Global Animal Feed Additives Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Animal Feed Additives Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Animal Feed Additives Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Animal Feed Additives Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Animal Feed Additives Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA)Animal Feed Additives Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Animal Feed Additives ANALYSIS
3.1. Capacity and Commercial Production Date of Global Animal Feed Additives Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Animal Feed Additives Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Animal Feed Additives Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Animal Feed Additives Major Manufacturers in 2019
CHAPTER 4. Animal Feed Additives MARKET By Product
4.1. Global Animal Feed Additives Revenue By Product
4.2. Antibiotics
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Vitamins
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Antioxidants
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Amino Acids
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.6. Feed Enzymes
4.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.7. Feed Acidifiers
4.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.8. Others
4.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Animal Feed Additives MARKET By Livestock
5.1. Global Animal Feed Additives Revenue By Livestock
5.2. Swine
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Ruminants
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Poultry
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Aquatic Animals
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Animal Feed Additives MARKET By Form
6.1. Global Animal Feed Additives Revenue By Form
6.2. Dry
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Liquid
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Others
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Animal Feed Additives MARKET BY COUNTRY
7.1. North America Animal Feed Additives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Animal Feed Additives Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Animal Feed Additives Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Animal Feed Additives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Animal Feed Additives Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Animal Feed Additives MARKET BY COUNTRY
9.1. Asia-Pacific Animal Feed Additives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Animal Feed Additives Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Animal Feed Additives MARKET BY COUNTRY
10.1. Latin America Animal Feed Additives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Animal Feed Additives Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Animal Feed Additives MARKET BY COUNTRY
11.1. Middle East & Africa Animal Feed Additives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Animal Feed Additives Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Livestock, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Form, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Archer Daniels Midland Company
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Evonik Industries AG
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Nutreco N.V.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Addcon Group
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Aliphos Belgium S.A.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Kemin Industries Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Koninklijke DSM N.V.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. BASF SE
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Cargill, Inc.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Phibro Animal Health Corporation
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope