Global Animal Feed Additives Market 2024-2028

The animal feed additives market is forecasted to grow by USD 9.62 bn during 2023-2028, accelerating at a CAGR of 6.35% during the forecast period. The report on the animal feed additives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global meat consumption, growing demand for feed additives owing to rising disease outbreaks in livestock, and increasing investments and focus on expanding production capabilities.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.05%
CAGR	6.35%
Incremental Value	$9.62bn

Technavio's animal feed additives market is segmented as below:

By Application

Poultry
Ruminants
Swine
Others

By Type

Dry
Liquid

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increasing product launches as one of the prime reasons driving the animal feed additives market growth during the next few years. Also, growing number of strategic partnerships and acquisitions and increasing demand for natural feed additives will lead to sizable demand in the market.

The report on the animal feed additives market covers the following areas:

Animal feed additives market sizing
Animal feed additives market forecast
Animal feed additives market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading animal feed additives market vendors that include Ajinomoto Co. Inc., Alltech Inc., Archer Daniels Midland Co., Associated British Foods Plc, BASF SE, Biochem additives and product mbH, Bluestar Adisseo Co., Cargill Inc., Chr Hansen Holding AS, Corbion nv, Evonik Industries AG, Imerys S.A., International Flavors and Fragrances Inc., Jefo, Kemin Industries Inc., Koninklijke DSM NV, Land O Lakes Inc., Novozymes AS, Novus International Inc., Nutreco N.V., and Solvay SA. Also, the animal feed additives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR72404

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global animal feed additives market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global animal feed additives market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Poultry - Market size and forecast 2023-2028
Exhibit 34: Chart on Poultry - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Poultry - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Poultry - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Poultry - Year-over-year growth 2023-2028 (%)
6.4 Ruminants - Market size and forecast 2023-2028
Exhibit 38: Chart on Ruminants - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Ruminants - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Ruminants - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Ruminants - Year-over-year growth 2023-2028 (%)
6.5 Swine - Market size and forecast 2023-2028
Exhibit 42: Chart on Swine - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Swine - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Swine - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Swine - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Exhibit 50: Market opportunity by Application ($ billion)
Exhibit 51: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 52: Chart on Type - Market share 2023-2028 (%)
Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 54: Chart on Comparison by Type
Exhibit 55: Data Table on Comparison by Type
7.3 Dry - Market size and forecast 2023-2028
Exhibit 56: Chart on Dry - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Dry - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Dry - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Dry - Year-over-year growth 2023-2028 (%)
7.4 Liquid - Market size and forecast 2023-2028
Exhibit 60: Chart on Liquid - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Liquid - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Liquid - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Liquid - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 64: Market opportunity by Type ($ billion)
Exhibit 65: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Exhibit 99: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 Brazil - Market size and forecast 2023-2028
Exhibit 103: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Ajinomoto Co. Inc.
Exhibit 119: Ajinomoto Co. Inc. - Overview
Exhibit 120: Ajinomoto Co. Inc. - Business segments
Exhibit 121: Ajinomoto Co. Inc. - Key offerings
Exhibit 122: Ajinomoto Co. Inc. - Segment focus
12.4 Alltech Inc.
Exhibit 123: Alltech Inc. - Overview
Exhibit 124: Alltech Inc. - Product / Service
Exhibit 125: Alltech Inc. - Key offerings
12.5 Archer Daniels Midland Co.
Exhibit 126: Archer Daniels Midland Co. - Overview
Exhibit 127: Archer Daniels Midland Co. - Business segments
Exhibit 128: Archer Daniels Midland Co. - Key offerings
Exhibit 129: Archer Daniels Midland Co. - Segment focus
12.6 Associated British Foods Plc
Exhibit 130: Associated British Foods Plc - Overview
Exhibit 131: Associated British Foods Plc - Business segments
Exhibit 132: Associated British Foods Plc - Key offerings
Exhibit 133: Associated British Foods Plc - Segment focus
12.7 BASF SE
Exhibit 134: BASF SE - Overview
Exhibit 135: BASF SE - Business segments
Exhibit 136: BASF SE - Key news
Exhibit 137: BASF SE - Key offerings
Exhibit 138: BASF SE - Segment focus
12.8 Biochem additives and product mbH
Exhibit 139: Biochem additives and product mbH - Overview
Exhibit 140: Biochem additives and product mbH - Product / Service
Exhibit 141: Biochem additives and product mbH - Key offerings
12.9 Bluestar Adisseo Co.
Exhibit 142: Bluestar Adisseo Co. - Overview
Exhibit 143: Bluestar Adisseo Co. - Product / Service
Exhibit 144: Bluestar Adisseo Co. - Key offerings
12.10 Cargill Inc.
Exhibit 145: Cargill Inc. - Overview
Exhibit 146: Cargill Inc. - Product / Service
Exhibit 147: Cargill Inc. - Key news
Exhibit 148: Cargill Inc. - Key offerings
12.11 Chr Hansen Holding AS
Exhibit 149: Chr Hansen Holding AS - Overview
Exhibit 150: Chr Hansen Holding AS - Business segments
Exhibit 151: Chr Hansen Holding AS - Key news
Exhibit 152: Chr Hansen Holding AS - Key offerings
Exhibit 153: Chr Hansen Holding AS - Segment focus
12.12 Corbion nv
Exhibit 154: Corbion nv - Overview
Exhibit 155: Corbion nv - Business segments
Exhibit 156: Corbion nv - Key news
Exhibit 157: Corbion nv - Key offerings
Exhibit 158: Corbion nv - Segment focus
12.13 Evonik Industries AG
Exhibit 159: Evonik Industries AG - Overview
Exhibit 160: Evonik Industries AG - Business segments
Exhibit 161: Evonik Industries AG - Key news
Exhibit 162: Evonik Industries AG - Key offerings
Exhibit 163: Evonik Industries AG - Segment focus
12.14 Imerys S.A.
Exhibit 164: Imerys S.A. - Overview
Exhibit 165: Imerys S.A. - Business segments
Exhibit 166: Imerys S.A. - Key offerings
Exhibit 167: Imerys S.A. - Segment focus
12.15 International Flavors and Fragrances Inc.
Exhibit 168: International Flavors and Fragrances Inc. - Overview
Exhibit 169: International Flavors and Fragrances Inc. - Business segments
Exhibit 170: International Flavors and Fragrances Inc. - Key news
Exhibit 171: International Flavors and Fragrances Inc. - Key offerings
Exhibit 172: International Flavors and Fragrances Inc. - Segment focus
12.16 Kemin Industries Inc.
Exhibit 173: Kemin Industries Inc. - Overview
Exhibit 174: Kemin Industries Inc. - Product / Service
Exhibit 175: Kemin Industries Inc. - Key offerings
12.17 Koninklijke DSM NV
Exhibit 176: Koninklijke DSM NV - Overview
Exhibit 177: Koninklijke DSM NV - Business segments
Exhibit 178: Koninklijke DSM NV - Key news
Exhibit 179: Koninklijke DSM NV - Key offerings
Exhibit 180: Koninklijke DSM NV - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 181: Inclusions checklist
Exhibit 182: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 183: Currency conversion rates for US$
13.4 Research methodology
Exhibit 184: Research methodology
Exhibit 185: Validation techniques employed for market sizing
Exhibit 186: Information sources
13.5 List of abbreviations
Exhibit 187: List of abbreviations