Animal Feed Additives Market - Forecast, COVID -19 Impact, Trend Analysis & Competition Tracking - Global Market Insights 2015-2030

Animal Feed Additives Market: Introduction

Feed additives are an essential part of animal nutrition, which enhances the feed yield, quality & quality. Increasing meat consumption rate backed by recent diseases outbreaks has created the demand for additives in aqua, poultry and other animal-based products to a greater extent. Feed additives are the components vital for the enrichment of performance along with the health of the animals. Consumption of food comprising an appropriate quantity of additives offers positive effects on livestock, including strong improvement in reproduction and digestion. However, several government rules toward the use of synthetic additives and demand for cost of effective feed additives hampers the market growth.

Animal Feed Additives Market: Key Dynamics

Rising in concerns over meat quality, increasing consumption of meat products, and growth in safety concerns related with the outbreak of livestock diseases are some of the major factors which are boosting the animal feed additives market growth.  Over the forecast period, the demand for meat and meat-based products is anticipated to witness a two-fold growth by 2030 in the developed and developing countries. Though, upsurge in prices of essential raw materials including wheat, maize, barley, and others and strict regulatory guidelines for feed additives is plummeting market growth to a moderate level. Key players in the market engage in research and development activities to provide consumers with effective products. Such as, in March 2019, BASF SE launched an animal feed enzyme in Indonesia, which develops animal health.

Animal Feed Additives Market: Report Scope

The “Global Animal Feed Additives Market” report offers in-depth analysis of micro and macro-economic factors, price point assessment, along with market attractiveness analysis. The report also focuses on multiple qualitative and quantitative factors on global animal feed additives market geographies and market segments. The report also aims to provide a detailed overview of the parent market for analyzing the competitive landscape of the global animal feed additives market in the food and beverage industry. The report is dedicated to offering strategic information on leading animal feed additives market players and offers several growth prospects of the animal feed additives market.

Animal Feed Additives Market: Segmentation

The global animal feed additives market is segmented on the basis of source, livestock, and additive type.

The global animal feed additives market on the basis of source is segmented as:

·         Animal

·         Plant

·         Micro-organisms

The global animal feed additives market on the basis of livestock is segmented as:

·         Ruminants

·         Swine

·         Poultry

·         Aquatic

The global animal feed additives market on the basis of additive type is segmented as:

·         Antibiotics

·         Antioxidants

·         Vitamins (Water Soluble, Vitamin A, Vitamin D, Other Vitamins)

·         Feed Enzymes

·         Amino Acids (Tryptophan, Lysine, Methionine, Threonine, Others)

·         Phytase (Non-Starch, Polysaccharides, Others)

·         Feed Acidifiers

·         Minerals

Animal Feed Additives Market: Key Market Players

Along with the company profiles of key companies enabling the market expansion, the report covers a detailed competition landscape scenario of the animal feed additives market. Comparison and market share analysis of prominent players provided in the report offers the reader preventive steps to advance their businesses. The reports cover strategic developments in the animal feed additives market focused on inorganic and organic growth strategies. The company profile is one of the carefully crafted section in the animal feed additives market report, which extracts fundamentals such as SWOT analysis, product portfolio on each player, along with the company strategy identification and analysis. Company presence deliberately mapped and presented with a model for all prominent players operating in the animal feed additives market.

Ajinomoto Co., Inc., BASF SE, Akzo Nobel N.V., Alltech Inc., Archer Daniels Midland Company, Biomin GmbH, Cargill Inc., E. I. du Pont de Nemours and Company, Chr.Harsen Holding A/S, CP Group, Evonik Industries AG, Koninklijke DSM N.V., Invivo Group, Kemin Industries, Lallemand Inc. are some of the key market players operating in the global animal feed additives market.

Animal Feed Additives Market: Regional Outlook

The report provides a detailed overview of the animal feed additives market in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for animal feed additives market has been offered for all regional market, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout the report, Y-o-Y growth estimates are also incorporated for every country and region, to provide a detailed view of the animal feed additives market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the animal feed additives market. Some key country and region included in the animal feed additives market report as follows:

North America (U.S., Canada)

Latin America (Mexico, Argentina, Brazil, Peru, Chile)

Europe (Germany, France, Italy, U.K., BENELUX, Nordics, Spain, Poland, Russia, CIS)

Asia Pacific (China, ASEAN, India, Japan, South Korea)

Oceania (Australia, New Zealand)

Middle East and Africa (South Africa, GCC Countries, Turkey, Israel, Iran)

The Animal Feed Additives Market Report Covers In-depth Analysis on:

·         Animal feed additives market segments

·         Animal feed additives market dynamics

·         Animal feed additives market size

·         Recent trends, restraints, opportunities in animal feed additives market

·         Companies & competition involved animal feed additives market

·         Latest technologies in animal feed additives market

·         Supply chain and value chain animal feed additives market

Animal Feed Additives Market Report Highlights:

·         A comprehensive overview of parent market

·         Market dynamics and trends in the industry

·         Current, historical and anticipated market size in terms of value and volume

·         In-depth market segmentation

·         Competition landscape

·         Key Strategies of leading companies and product portfolio

·         Recent industry developments and trends

·         Potential and country, regions and segments exhibiting future growth

·         A detailed viewpoint on market performance during the forecast period

·         Essential information to enhance market position