Animal Feed Additives Market - Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029

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Animal Feed Additives Market - Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029

Status : July, 2020 | Food and Beverages | PPT format

Report Digest


Animal Feed Additives Market: Market Overview

The consumption of meat and meat products is increasing continuously across the globe. On the other hand, various diseases are identified in livestock over the past few years. The consumers are more concern about the quality of meat and meat safety. This consumer concern has forced livestock farmers to use animal feed additives. The raw materials used in the production of animal feed additives have a direct impact on the end products. Hence the manufacturers of the animal feed additives are opting for the locations nearer to the raw material sources.

Feed additives are essential for animals as they are presumed to improve the animal’s health and performance by improving the nutritional quotient of the feed. The increasing awareness among the consumers about the consumption of animal proteins has resulted in the industrialization of the livestock and meat industry globally. It is considered as an important factor that is driving the growth of the animal feed additives market across the globe. Organic feed additives, proteins, vitamins, and, antibiotics have an increasing demand in the poultry and aquaculture feed industry. But the harmful effects of the antibiotics on the human body as well as animal meat have increased the demand for alternatives such as acidifiers and probiotics in the various regions.

The animal feed additives have the demand from various animal farming sectors, but the poultry industry remains the largest consumer of animal feed additives across the globe. The increasing trend of consolidation and backward integration process is anticipated to boost the demand for the animal feed additives in the poultry industry as well as other animal farming industry across the globe.

Global Animal Feed Additives Market: Market Segmentation

Based on Form, the global animal feed market has been segmented as,

  • Dry
  • Liquid

Based on Source, the global animal feed market has been segmented as,

  • Natural
  • Synthetic

Based on Function, the global animal feed additives market has been segmented as,

  • Single Function
  • Multifunction

Based on Type, the global animal feed market has been segmented as,

  • Vitamins
  • Proteins
  • Enzymes
  • Antibiotics
  • Minerals
  • Probiotics
  • Flavors and Sweeteners
  • Preservatives
  • Antioxidants
  • Phosphates
  • Acidifiers
  • Detoxifiers
  • Non-Protein Nitrogen
  • Phytogenic

Based on Live Stock, the global animal feed market has been segmented as,

  • Ruminant
    • Cow
    • Buffalo
    • Beef
    • Sheep
    • Goats
    • Calf
  • Poultry
    • Broilers
    • Layers
    • Breeders
  • Pork
  • Aquaculture
  • Pets
  • Others

Global Animal Feed Additives Market: Market Participants

The market participants in the global animal feed additives market identified across the value chain include Cargill Incorporated, Evonik, DuPont, Archer Daniels Midland Company, BASF, Solvay, Novozymes, DSM, Ajinomoto, InVivo, Kemin, Chr. Hansen, Nutreco, Altech, Adisseo among the other the manufactures of animal feed additives market.

Opportunities for the Market Participants in the Global Animal Feed Additives Market

All the animals cannot synthesize some of the complex vitamins and other important nutrients on their own, which includes the complex compound of vitamin B. As compared to poultry animals, the monogastric animals cannot produce the vitamin B within their body. This produces the substantial demand from this sector for the vitamin B. Many emerging economies from the regions like South Asia and East Asia are experiencing the healthier growth in the poultry and pork sector owing to its organized development in these regions. The Asia Pacific is the next potential market for the market participants in the global animal feed additives market as the Asia Pacific is the leading producer of animal feed.

The feed efficiency is increased by improving the feed conversion rate, and the leading market players in the global feed additive industry are strategically investing in the research for increasing the efficiency of the animal feed. The lifecycle of the animals and the supply chain of the animal feed plays an important role in developing sustainable animal feed additives for the love stocks and aquacultures. The efficient use of animal feed and animal feed additives also helps in to reduce the environmental impact of livestock farming and aquaculture farming. The increasing awareness about the ill effects of antibiotics and the strengthen regulations on the livestock feed and feed additives are hampering the growth of the global animal feed additives market.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.