Animal Feed Additives Market By Additive Type, By Livestock, By Form, By Function : Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The global animal feed additives market was valued at $22.9 billion in 2022, and is projected to reach $43.7 billion by 2032, growing at a CAGR of 6.7% from 2023 to 2032.

Animal feed additives are substances added to animal food to make it better for the animals. They can include vitamins, minerals, and other nutrients that animals need to stay healthy and grow. Some additives help animals digest their food better, while others strengthen their immune systems to keep them from getting sick. By adding these substances to their food, farmers can make sure that their animals get all the nutrition they need to be strong and healthy. This helps the animals grow faster, produce more milk or eggs, and stay healthy, which is good for both the animals and the people who rely on them for food.

The preference for phytogenic additives has surged in the animal-feed-additives market due to growing consumer demand for natural and sustainable solutions in livestock production. Phytogenic additives, derived from herbs, spices, and other plant materials, offer a natural alternative to synthetic additives and antibiotics. Consumers are increasingly concerned about the potential health and environmental impacts of chemical additives in animal feed, driving the shift towards phytogenics. Additionally, phytogenic additives are perceived to offer multiple benefits, including improved feed palatability, enhanced digestion, and immune stimulation in animals. With the rising awareness of the importance of gut health and the role of natural ingredients in promoting animal well-being, the demand for phytogenic additives has seen a significant uptick. As a result, manufacturers are investing in research and development to expand their phytogenic additive portfolios, catering to the growing market demand for natural, plant-based solutions in animal nutrition. This trend aligns with broader consumer preferences for clean-label products and sustainable agricultural practices, driving the continued growth of the animal-feed-additives market.

Moreover, the focus on gut health has surged the market demand for animal feed additives due to growing recognition of the pivotal role gut health plays in animal well-being and performance. Consumers and producers alike are increasingly aware of the importance of maintaining a healthy gut microbiome in animals to enhance digestion, nutrient absorption, and overall immunity. This heightened awareness has led to a significant shift towards the use of feed additives such as prebiotics, probiotics, organic acids, and phytogenics, which target gut health and promote a balanced microbial environment in the digestive tract. Furthermore, research highlighting the link between gut health and various aspects of animal production, including growth rate, feed efficiency, and disease resistance, has bolstered the demand for specialized feed additives. As a result, manufacturers are innovating and expanding their product portfolios to offer a wide range of gut health-focused additives, catering to the evolving needs of livestock producers seeking to optimize animal performance while ensuring animal welfare and sustainability in animal production systems.

The global animal feed additives market is segmented based on additive type, livestock, form, function, and region. Based on additive type, the market is categorized into amino acids, antioxidants, feed enzymes, feed acidifiers, vitamins, minerals, binders, antibiotics, and others. As per livestock, the market is categorized into swine, ruminants, poultry, aquatic animals, and others (equine, pets, and birds). Based on form, it is classified into dry, liquid, and others. According to function, it is fragmented into single function and multifunction. Region wise, it is analyzed across North America, Europe, Asia-Pacific, LA, and MEA.

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the global animal feed additives industry include BASF SE, Cargill, Inc., Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Addcon Group, Aliphos Belgium S.A., Kemin Industries Inc., Koninklijke DSM N.V., and Phibro Animal Health Corporation.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the animal feed additives market analysis from 2022 to 2032 to identify the prevailing animal feed additives market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the animal feed additives market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global animal feed additives market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Consumer Buying Behavior Analysis
End user preferences and pain points
Installed Base analysis
Product Benchmarking / Product specification and applications
Distributor margin Analysis
Go To Market Strategy
Market share analysis of players by products/segments
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles

Key Market Segments

By Additive Type

Antioxidants
Feed enzymes
Feed acidifiers
Vitamins
Minerals
Binders
Antibiotics
Others (sweeteners and flavors)
Amino acids

By Livestock

Swine
Ruminants
Poultry
Aquatic Animals
OTHERS

By Form

Dry
Liquid
Others

By Function

Single Function
Multifunction

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Spain
- Russia
- Germany
- France
- Netherlands
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Indonesia
- South Korea
- Rest Of Asia Pacafic
Latin America
- Brazil
- Argentina
- Rest of LAMEA
Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest Of Mea

Key Market Players:

SHV Holdings N.V.
BASF SE
Cargill Incorporated
PHIBRO ANIMAL HEALTH CORPORATION
KEMIN INDUSTRIES INC
Evonik Industries AG
ADDCON GROUP GMBH
ALIPHOS BELGIUM SA
Archer-Daniels-Midland Company
Koninklijke DSM N.V.

Product Code: A00131

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Growth in consumer awareness of food safety and animal welfare
  - 3.4.1.2. Increase in demand for high-quality animal protein products
- 3.4.2. Restraints
  - 3.4.2.1. Volatility in raw material prices affecting production costs
  - 3.4.2.2. Limited consumer awareness and acceptance of novel additives
- 3.4.3. Opportunities
  - 3.4.3.1. Growth in meat consumption in emerging markets
  - 3.4.3.2. Expansion of aquaculture and pet food industries
3.5. Market Share Analysis
3.6. Brand Share Analysis
3.7. Value Chain Analysis
3.8. Key Regulation Analysis

CHAPTER 4: ANIMAL FEED ADDITIVES MARKET, BY ADDITIVE TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Amino acids
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Antioxidants
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Feed enzymes
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Feed acidifiers
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Vitamins
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
4.7. Minerals
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
4.8. Binders
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
4.9. Antibiotics
- 4.9.1. Key market trends, growth factors and opportunities
- 4.9.2. Market size and forecast, by region
- 4.9.3. Market share analysis by country
4.10. Others (sweeteners and flavors)
- 4.10.1. Key market trends, growth factors and opportunities
- 4.10.2. Market size and forecast, by region
- 4.10.3. Market share analysis by country

CHAPTER 5: ANIMAL FEED ADDITIVES MARKET, BY LIVESTOCK

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Swine
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Ruminants
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Poultry
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Aquatic Animals
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. OTHERS
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: ANIMAL FEED ADDITIVES MARKET, BY FORM

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Dry
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Liquid
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Others
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: ANIMAL FEED ADDITIVES MARKET, BY FUNCTION

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Single Function
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Multifunction
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country

CHAPTER 8: ANIMAL FEED ADDITIVES MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Additive Type
- 8.2.3. Market size and forecast, by Livestock
- 8.2.4. Market size and forecast, by Form
- 8.2.5. Market size and forecast, by Function
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Market size and forecast, by Additive Type
  - 8.2.6.1.2. Market size and forecast, by Livestock
  - 8.2.6.1.3. Market size and forecast, by Form
  - 8.2.6.1.4. Market size and forecast, by Function
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Market size and forecast, by Additive Type
  - 8.2.6.2.2. Market size and forecast, by Livestock
  - 8.2.6.2.3. Market size and forecast, by Form
  - 8.2.6.2.4. Market size and forecast, by Function
  - 8.2.6.3. Mexico
  - 8.2.6.3.1. Market size and forecast, by Additive Type
  - 8.2.6.3.2. Market size and forecast, by Livestock
  - 8.2.6.3.3. Market size and forecast, by Form
  - 8.2.6.3.4. Market size and forecast, by Function
8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Additive Type
- 8.3.3. Market size and forecast, by Livestock
- 8.3.4. Market size and forecast, by Form
- 8.3.5. Market size and forecast, by Function
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. Spain
  - 8.3.6.1.1. Market size and forecast, by Additive Type
  - 8.3.6.1.2. Market size and forecast, by Livestock
  - 8.3.6.1.3. Market size and forecast, by Form
  - 8.3.6.1.4. Market size and forecast, by Function
  - 8.3.6.2. Russia
  - 8.3.6.2.1. Market size and forecast, by Additive Type
  - 8.3.6.2.2. Market size and forecast, by Livestock
  - 8.3.6.2.3. Market size and forecast, by Form
  - 8.3.6.2.4. Market size and forecast, by Function
  - 8.3.6.3. Germany
  - 8.3.6.3.1. Market size and forecast, by Additive Type
  - 8.3.6.3.2. Market size and forecast, by Livestock
  - 8.3.6.3.3. Market size and forecast, by Form
  - 8.3.6.3.4. Market size and forecast, by Function
  - 8.3.6.4. France
  - 8.3.6.4.1. Market size and forecast, by Additive Type
  - 8.3.6.4.2. Market size and forecast, by Livestock
  - 8.3.6.4.3. Market size and forecast, by Form
  - 8.3.6.4.4. Market size and forecast, by Function
  - 8.3.6.5. Netherlands
  - 8.3.6.5.1. Market size and forecast, by Additive Type
  - 8.3.6.5.2. Market size and forecast, by Livestock
  - 8.3.6.5.3. Market size and forecast, by Form
  - 8.3.6.5.4. Market size and forecast, by Function
  - 8.3.6.6. Italy
  - 8.3.6.6.1. Market size and forecast, by Additive Type
  - 8.3.6.6.2. Market size and forecast, by Livestock
  - 8.3.6.6.3. Market size and forecast, by Form
  - 8.3.6.6.4. Market size and forecast, by Function
  - 8.3.6.7. Rest of Europe
  - 8.3.6.7.1. Market size and forecast, by Additive Type
  - 8.3.6.7.2. Market size and forecast, by Livestock
  - 8.3.6.7.3. Market size and forecast, by Form
  - 8.3.6.7.4. Market size and forecast, by Function
8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Additive Type
- 8.4.3. Market size and forecast, by Livestock
- 8.4.4. Market size and forecast, by Form
- 8.4.5. Market size and forecast, by Function
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Market size and forecast, by Additive Type
  - 8.4.6.1.2. Market size and forecast, by Livestock
  - 8.4.6.1.3. Market size and forecast, by Form
  - 8.4.6.1.4. Market size and forecast, by Function
  - 8.4.6.2. India
  - 8.4.6.2.1. Market size and forecast, by Additive Type
  - 8.4.6.2.2. Market size and forecast, by Livestock
  - 8.4.6.2.3. Market size and forecast, by Form
  - 8.4.6.2.4. Market size and forecast, by Function
  - 8.4.6.3. Japan
  - 8.4.6.3.1. Market size and forecast, by Additive Type
  - 8.4.6.3.2. Market size and forecast, by Livestock
  - 8.4.6.3.3. Market size and forecast, by Form
  - 8.4.6.3.4. Market size and forecast, by Function
  - 8.4.6.4. Indonesia
  - 8.4.6.4.1. Market size and forecast, by Additive Type
  - 8.4.6.4.2. Market size and forecast, by Livestock
  - 8.4.6.4.3. Market size and forecast, by Form
  - 8.4.6.4.4. Market size and forecast, by Function
  - 8.4.6.5. South Korea
  - 8.4.6.5.1. Market size and forecast, by Additive Type
  - 8.4.6.5.2. Market size and forecast, by Livestock
  - 8.4.6.5.3. Market size and forecast, by Form
  - 8.4.6.5.4. Market size and forecast, by Function
  - 8.4.6.6. Rest Of Asia Pacafic
  - 8.4.6.6.1. Market size and forecast, by Additive Type
  - 8.4.6.6.2. Market size and forecast, by Livestock
  - 8.4.6.6.3. Market size and forecast, by Form
  - 8.4.6.6.4. Market size and forecast, by Function
8.5. Latin America
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Additive Type
- 8.5.3. Market size and forecast, by Livestock
- 8.5.4. Market size and forecast, by Form
- 8.5.5. Market size and forecast, by Function
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Brazil
  - 8.5.6.1.1. Market size and forecast, by Additive Type
  - 8.5.6.1.2. Market size and forecast, by Livestock
  - 8.5.6.1.3. Market size and forecast, by Form
  - 8.5.6.1.4. Market size and forecast, by Function
  - 8.5.6.2. Argentina
  - 8.5.6.2.1. Market size and forecast, by Additive Type
  - 8.5.6.2.2. Market size and forecast, by Livestock
  - 8.5.6.2.3. Market size and forecast, by Form
  - 8.5.6.2.4. Market size and forecast, by Function
  - 8.5.6.3. Rest of LAMEA
  - 8.5.6.3.1. Market size and forecast, by Additive Type
  - 8.5.6.3.2. Market size and forecast, by Livestock
  - 8.5.6.3.3. Market size and forecast, by Form
  - 8.5.6.3.4. Market size and forecast, by Function
8.6. Middle East and Africa
- 8.6.1. Key market trends, growth factors and opportunities
- 8.6.2. Market size and forecast, by Additive Type
- 8.6.3. Market size and forecast, by Livestock
- 8.6.4. Market size and forecast, by Form
- 8.6.5. Market size and forecast, by Function
- 8.6.6. Market size and forecast, by country
  - 8.6.6.1. Saudi Arabia
  - 8.6.6.1.1. Market size and forecast, by Additive Type
  - 8.6.6.1.2. Market size and forecast, by Livestock
  - 8.6.6.1.3. Market size and forecast, by Form
  - 8.6.6.1.4. Market size and forecast, by Function
  - 8.6.6.2. UAE
  - 8.6.6.2.1. Market size and forecast, by Additive Type
  - 8.6.6.2.2. Market size and forecast, by Livestock
  - 8.6.6.2.3. Market size and forecast, by Form
  - 8.6.6.2.4. Market size and forecast, by Function
  - 8.6.6.3. South Africa
  - 8.6.6.3.1. Market size and forecast, by Additive Type
  - 8.6.6.3.2. Market size and forecast, by Livestock
  - 8.6.6.3.3. Market size and forecast, by Form
  - 8.6.6.3.4. Market size and forecast, by Function
  - 8.6.6.4. Rest Of Mea
  - 8.6.6.4.1. Market size and forecast, by Additive Type
  - 8.6.6.4.2. Market size and forecast, by Livestock
  - 8.6.6.4.3. Market size and forecast, by Form
  - 8.6.6.4.4. Market size and forecast, by Function

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022

CHAPTER 10: COMPANY PROFILES

10.1. SHV Holdings N.V.
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.1.7. Key strategic moves and developments
10.2. BASF SE
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.2.7. Key strategic moves and developments
10.3. Cargill Incorporated
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
10.4. PHIBRO ANIMAL HEALTH CORPORATION
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
- 10.4.7. Key strategic moves and developments
10.5. KEMIN INDUSTRIES INC
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
- 10.5.7. Key strategic moves and developments
10.6. Evonik Industries AG
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
10.7. ADDCON GROUP GMBH
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
10.8. Archer-Daniels-Midland Company
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.8.7. Key strategic moves and developments
10.9. Koninklijke DSM N.V.
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.9.7. Key strategic moves and developments
10.10. Alltech
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance
- 10.10.7. Key strategic moves and developments