Feed Additives Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Ingredient Type (Antibiotics, Vitamins, Enzyme, Antioxidants, Probiotics, Others), By Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Others), By Form (Dry, Liquid), By Region, and Competition 2018-2028

Global Feed Additives Market is anticipated to grow significantly through 2028 due to the increasing demand of livestock products. In 2021, output of livestock products in the United Kingdom amounted to approximately USD 7.8 billion.

Global Feed Additives Market is expected to expand during the projected period due to increasing demand of various livestock products, as the demand of healthy animal feed increases for the livestock at rapid rate, therefore the use of feed additives in the animal feed is increasing. In addition, the use of feed additives which help to break out many diseases by generating advanced immunity system inside the animals, boost the market growth.

Growing Demand of Livestock-Based Products

Eggs, dairy goods, and meat products are included in livestock-based products. The addition of feed additives to livestock diets helps to ensure that they receive enough amounts of vitamins and minerals, enhances nutrition, and promotes the production of livestock-based goods like milk.  The demand for feed Additives is being driven by a rise in the acceptance and consumption of dairy and meat products as well as the sales of items derived from livestock.

For instance, in 2020, according to the U.S. Department of Agriculture (USDA) data, dairy consumption in America, in 2020, was around 655 pounds of dairy in cheese, milk, butter, yogurt, ice cream, and other wholesome and nutritious dairy foods.

In addition, the adoption of feed Additives among livestock farmers is further fueled by growing consumer awareness of the importance of high-quality standards in foods, including meat and other animal protein products, as well as increasing awareness about providing adequate nutrition levels in animal feed for improving the health and productivity of livestock.

Moreover, with rising living standards and income levels allowed more people to incorporate meat into their regular diets due to which the consumption of meat increases the demand of high-quality meat. Thus, to deliver high-quality meat, additional feed additives are fed to the animals so that they have good digestion to build on more muscle and weight. This help to increase the yield and productivity and, hence, the demand for feed additives increases.

For instance, according to the U.S. Department of Agriculture (USDA), the chicken meat production increased by 13% in the Philippines.

Consumption of animal products will increase only when consumers demand for staple foods (starchy meals and other foods with a plant origin) are achieved. Increasing demand for resources to produce animal goods will result from greater use of animal products, competing with the usage of grains for direct human consumption as well as other agricultural products.

Additionally, increasing demand for high-protein foods result in increasing the demand of eggs globally. Eggs and egg products have remained an integral part of households and restaurants across several developed & developing countries. Furthermore, pharmaceutical industries use eggs for various applications, resulting in increasing demand.

For instance, Ovagen developed a proprietary process of producing Germ Free Eggs for use in production of Human and Animal Vaccines.

Therefore, increasing demand of livestock-based products drives the growth of the market during the projected period.

Rising demand for feed and natural feed additives

Feed for animal has thus grown in importance as a part of the integrated food chain. A significant portion of meeting consumer demand for milk, meat, eggs, and other livestock products depends on the availability of consistent supply of suitable, economical, natural, and secure animal feeds. As a result, there is a growing need for more feed supplies, sources, and alternatives due to huge growth in the demand for livestock products. Proper dietary intensity is one of the costliest feed formulation ingredients in animal diets. To create the proper feed for different animal species, components, and feedstuffs such as vitamins, amino acids, colorants, minerals, and antibiotics are mixed in varied quantities. Due to their strong energy supply and high feed efficiency, feed Additives have therefore attracted fresh interest in the animal feed industry.

Producers of feed additives are investing in the research and development of organic and natural feed additives. Natural & organic feed additives are less likely to cause negative effects than synthetic feed additives, as they increase yield. Therefore, poultry farmers are switching to herbal feed additives. Botanical feed additives, such as appropriate herb or plant extract mixes, are among the natural growth promoters. The appetite and intestinal microbiota of cattle are thought to be affected in a variety of ways by herbs and plant extracts, which stimulate pancreatic secretions and boost endogenous enzyme activity and immunological function. In addition to antioxidant and sedative properties, several other plant compounds and the constituent parts of them exhibit a variety of antibacterial actions.

For instance, Agpulse Organics produces herbal animal feed additive by name of ‘Govahnika-Biosheera', which is fed to the cattle to increase milk productivity.

Thus, increasing demand for feed & natural feed additives is expected to fuel the growth of Global Feed Additives Market during the forecast years.

Probiotics will be the Key Ingredient Type

Increasing concern with the sub-therapeutic use of antibiotic growth promoters in animal feed, growing the research of an alternative product which help in animal nutrition.  Probiotics (or direct fed microbials) are popular as one of the alternatives to antibiotic growth promoters. The maintenance and enhancement of the animal's performance (production and growth), as well as the prevention and management of enteric infections, are the major goals of employing probiotics in animal feed. Many researchers are discovering new probiotic which are used in animal feed and consumer-packaged health products for companion pets which help in growing gene sequencing and molecular biology in animal.

For instance, DSM introduce Eubiotics, an innovative feed additive that play an essential role in supporting animal performance and animal welfare by supporting gut health.

Additionally, amino acids act as the building blocks for animal protein synthesis and are essential for enhancing both the quality and quantity of meat. One of the most significant advancements in animal nutrition is the use of an adequate quantity of protein. Amino acids are the building blocks of proteins and polypeptides that help animals grow faster, produce more, and experience fewer health issues. To promote growth and nitrogen retention in cattle, it helps animals maintain a balanced amino acid pattern. Many amino acids are given as supplements to farmed animals to increase their productivity. Various types of amino acids such as DL-methionine, L-threonine, and L-lysine which help to improve the synthetic efficiency of protein in animal feed and help to break down the food.

For instance, ADM Animal Nutrition launched PROPLEX T a high-concentrate protein which provide flexibility in ration formulation due to lower inclusion rate needed to achieve targeted levels of essential amino acids.

All these factors increase the demands of Global Feed Additives Market in the forecast years.

However, feed acids, vitamins, and antioxidants are obtained from natural sources such as bark, seeds, and leaves, as the extraction of these materials is resulting in rising the raw material prices which slow down the market growth. Stringent regulations on the usage of antibiotics in various nations, due to overuse and misuse of antibiotics and other chemicals which are used to avoid the animal and human infection which plainly poses a danger to the Global Feed Additives Market.

For instance, in 2022, West Bengal Fisheries department has banned 20 antibiotics and other pharmacologically active substances that are commonly used in shrimp aquaculture.

Download Free Sample Report

Recent Developments

• In February 2023, Evonik launches first plant-based feed additive PhytriCare IM, consists of selected plant extracts with a high flavonoid content.
• Adisseo announces the completion of the acquisition of Nor-Feed in February 2023.
• In October 2022, Cargill, together with Naturisa S.A. signed an agreement with Skyvest EC Holding S.A. to create a new joint venture that will serve Ecuadorian shrimp farmers’ a high-quality shrimp feed.
• Evonik and BASF signed an agreement to reduce the environmental footprint of the feed and animal protein industries in September 2022.
  
  

Market Segmentation

Global Feed Additives Market is segmented based on ingredient type, livestock, form, and region. Based on ingredient type, the market is categorized into antibiotics, vitamins, enzyme, antioxidants, probiotics, and others. Based on livestock, the market is fragmented into poultry, ruminants, swine, aquatic animals, and others. Based on form, the market is segregated into dry and liquid. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Company Profiles

Bluestar Adisseo Co., Ltd, Koninklijke DSM N.V., BASF SE, Nutreco N.V., Cargill, Incorporated, Danisco Animal Nutrition & Health, Alltech, Inc., The Archer-Daniels-Midland Company, Chr. Hansen Holding A/S, Evonik Industries AG are some of the key players of Global Feed Additives Market.

Report Scope:

In this report, Global Feed Additives market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

• Feed Additives Market, By Ingredient Type:
• Antibiotics
• Vitamins
• Enzyme
• Antioxidants
• Probiotics
• Others
• Feed Additives Market, By Livestock:
• Poultry
• Ruminants
• Swine
• Aquatic Animals
• Others
• Feed Additives Market, By Form:
• Dry
• Liquid
• Feed Additives Market, By Region:
• North America
• United States
• Mexico
• Canada
• Europe
• France
• Germany
• United Kingdom
• Spain
• Italy
• Asia-Pacific
• China
• India
• South Korea
• Japan
• Australia
• South America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in global Feed Additives market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).