Animal Nutrition Market by Administration Method, Livestock, Product

List of Tables

The Animal Nutrition Market was valued at USD 28.30 billion in 2023, expected to reach USD 31.43 billion in 2024, and is projected to grow at a CAGR of 11.11%, to USD 59.21 billion by 2030.

The animal nutrition market is crucial within the broader agricultural sector, focusing on products and solutions designed to ensure the optimal health and productivity of animals. This includes a range of vitamins, minerals, amino acids, and other nutritional supplements formulated to enhance growth performance, improve digestive health, and boost immunity in livestock and pet animals. The necessity of animal nutrition is underscored by its role in increasing production efficiency, meeting the rising global demand for high-quality meat and dairy products while maintaining animal welfare and health standards. Applications span across various segments such as poultry, swine, aqua feed, cattle, and pet food industries. Key influencing growth factors in the market include the rising population, urbanization, and increasing disposable incomes leading to heightened demand for protein-rich diets. Additionally, growing awareness about animal welfare and sustainability is pushing for advancements in feed additives that are both environmentally friendly and efficacious. Opportunities abound in emerging markets due to industrial livestock farming, and the development of novel feed additives such as probiotics and phytonutrients provides lucrative prospects. However, market growth is challenged by fluctuating raw material prices and stringent regulatory frameworks governing animal feed products. Research and innovation are best focused on precision nutrition technologies like personalized feeding strategies and sustainable ingredient sourcing, such as plant-based proteins and insect meal. The market is dynamic, characterized by rapid advancements in biotechnology and formulations aimed at maximizing nutrient absorption and minimizing environmental impact. Businesses aiming to capitalize on opportunities in this domain should invest in research and development while keenly aligning with changing consumer preferences towards health-conscious and sustainable products. Collaborative efforts between manufacturers, veterinarians, and regulatory bodies will be integral to addressing these challenges and unlocking new growth avenues.

KEY MARKET STATISTICS
Base Year [2023]	USD 28.30 billion
Estimated Year [2024]	USD 31.43 billion
Forecast Year [2030]	USD 59.21 billion
CAGR (%)	11.11%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Animal Nutrition Market

The Animal Nutrition Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Increasing emphasis on improving livestock production
- Growing pet adoption and importance of pet nutrition
- Rapid demand for meat and meat products and rising nutritional requirements of existing livestock
Market Restraints
- Limited awareness and high cost of products
Market Opportunities
- New product development efforts and availability of products through online channels
- Swift attraction towards different pet events & sports
Market Challenges
- Availability of counterfeit products

Porter's Five Forces: A Strategic Tool for Navigating the Animal Nutrition Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Animal Nutrition Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Animal Nutrition Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Animal Nutrition Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Animal Nutrition Market

A detailed market share analysis in the Animal Nutrition Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Animal Nutrition Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Animal Nutrition Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Animal Nutrition Market

A strategic analysis of the Animal Nutrition Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Animal Nutrition Market, highlighting leading vendors and their innovative profiles. These include AB Agri Limited, Adisseo France SAS, Advanced Enzyme Technologies Limited (AETL), BASF SE, Biovet SA, Bluestar Adisseo Co., Ltd., Cargill, Incorporated, Charoen Pokphand Foods PCL, DuPont de Nemours, Inc., Evonik Industries AG, EW Nutrition, Koninklijke DSM N.V., Nutreco N.V., Tata Chemicals Ltd., and Zinpro Corp..

Market Segmentation & Coverage

This research report categorizes the Animal Nutrition Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Administration Method, market is studied across Injection, Oral, and Topical.
Based on Livestock, market is studied across Aqua Feed, Equine Feed, Poultry Feed, Ruminant Feed, and Swine Feed.
Based on Product, market is studied across Amino Acids, Anti-oxidants, Carbohydrates, Carotenoids, Cereals, Enzymes, Eubiotics, Fats & Oils, Lipids, Minerals, Organic Acids, Phytogenic, Vitamins, and Yeasts.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-43676CF42A7B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing emphasis on improving livestock production
  - 5.1.1.2. Growing pet adoption and importance of pet nutrition
  - 5.1.1.3. Rapid demand for meat and meat products and rising nutritional requirements of existing livestock
- 5.1.2. Restraints
  - 5.1.2.1. Limited awareness and high cost of products
- 5.1.3. Opportunities
  - 5.1.3.1. New product development efforts and availability of products through online channels
  - 5.1.3.2. Swift attraction towards different pet events & sports
- 5.1.4. Challenges
  - 5.1.4.1. Availability of counterfeit products
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Animal Nutrition Market, by Administration Method

6.1. Introduction
6.2. Injection
6.3. Oral
6.4. Topical

7. Animal Nutrition Market, by Livestock

7.1. Introduction
7.2. Aqua Feed
7.3. Equine Feed
7.4. Poultry Feed
7.5. Ruminant Feed
7.6. Swine Feed

8. Animal Nutrition Market, by Product

8.1. Introduction
8.2. Amino Acids
8.3. Anti-oxidants
8.4. Carbohydrates
8.5. Carotenoids
8.6. Cereals
8.7. Enzymes
8.8. Eubiotics
8.9. Fats & Oils
8.10. Lipids
8.11. Minerals
8.12. Organic Acids
8.13. Phytogenic
8.14. Vitamins
8.15. Yeasts

9. Americas Animal Nutrition Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Animal Nutrition Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Animal Nutrition Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AB Agri Limited
2. Adisseo France SAS
3. Advanced Enzyme Technologies Limited (AETL)
4. BASF SE
5. Biovet SA
6. Bluestar Adisseo Co., Ltd.
7. Cargill, Incorporated
8. Charoen Pokphand Foods PCL
9. DuPont de Nemours, Inc.
10. Evonik Industries AG
11. EW Nutrition
12. Koninklijke DSM N.V.
13. Nutreco N.V.
14. Tata Chemicals Ltd.
15. Zinpro Corp.