Global Animal Feed Additives Market was valued at USD 22.15 Billion in 2021 and is expected to reach USD 33.75 Billion by the year 2028, at a CAGR of 6.2%.
The Animal Feed Additives market provides a market overview, SWOT analysis, and in-depth analysis of Animal Feed Additives to explore competing products, drivers, larger country data, prospects, and potential applications. In addition, the Feed Additives Industry Research Report contains key drivers and future implications to help decision makers make profitable professional manufacturing decisions.
Feed additives is substance or combination of ingredients mixed into the basic feed mix or parts thereof to cater to the specific need. Feed additives form an essential part of animal nutrition, which enhances the feed quality, yield & quality of food from animal origin, and animal health. Generally, application in microquantities and requires careful handling and mixing.
The Key Market Players Analysed In The Global Animal Feed Additives Market Include:
BASF SE, Tyson Foods Inc. ,Lallemand Inc.,Kemin Industries,E. I. du Pont de Nemours and Company,Ajinomoto Co. Inc.,Koninklijke DSM N.V.,Akzo Nobel N.V.,Alltech Inc.,Biomin GmbH,Cargill Inc.,Chr. Hansen Holding A/S,CP Group,Evonik Industries AG,Norel S.A.,Novozymes A/S,Nutreco,Phibro Animal Health Corporation,Novus International Inc.,Solvay Group,Archer Daniels Midland Company,Invivo Group and others Major players.
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Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
Segmentation Analysis Includes
By Type
- Amino AcidsSS
- Antibiotics
- Feed Enzymes
- Feed Acidifiers
- Vitamins
- Others
By Form
- Dry
- Liquid
By Source
- Synthetic
- Natural
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Regions Covered In The Animal Feed Additives Market Report:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
COVID-19 Impacts on Animal Feed Additives Market:
The COVID-19 pandemic has brought serious health, social, and economic challenges. Where the medical community is targeted on creating successful diagnostic and medical treatment, the feed industry is also focused on producing healthy products using for animals using feed additives to combat diseases by delivering immune support. Due to the rising COVID-19 pandemic outbreak in several countries, the feed additives market in 2020 was observed to witness a dropped owing to the lockdowns in several countries, closure of the international and local borders, and delay in cross border transit that has led to supply chain obstruction.
Important Facts About the Global Market Report:
- Reports combine important historical data and analytics needed for comprehensive research reports.
- This research report provides a detailed overview of the global feed additive market, market share, supply and demand relationships, supply chain analysis, and imports and exports.
- In this report, there are several approaches and procedures approved by key market players that enable efficient business decision making.
- Reports provide information such as production value, strategies adopted by market players, and the products / services they offer.
- Company profile with comprehensive strategy, financial details, and recent progress.
- Survey This survey reveals how different application / end-user segments contribute to the global market.
- Reports provide complete forecasts of global markets by product, application, and region.
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