Feed Additives Market Increasing at A Phenomenal Pace to Reach more than USD 54.03 Billion by 2028

05-Aug-2021 | Zion Market Research

Major companies in Feed Additives Market are ADM, Cargill, Dupont, BASF, Evonik, DSM, Novozymes, Ajinomoto, Chr Hansen, Tegasa, Kemin Industies Inc., Nutreco, Adisseo, Alltech, Global Nutrition International, Palital Feed Additives B.V, Centfarm SRL, NUQO Feed Additives, Novus International and Solvay among others. These players are set to bolster the development of global Feed Additives market.

According to analysts at Zion Market Research, the global Feed Additives market accounted for more than USD 34.55 Billion in 2020 and is expected to reach USD 54.03 Billion by 2028, growing at a CAGR of 5.7% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Feed Additives Market By Form (Dry, Liquid), By Type (Amino Acids, Vitamins, Phosphates, Acidifiers, Enzymes, Flavours & Sweeteners, Antibiotics and Others), By Livestock (Poultry, Ruminants, Swine and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.”

Global Feed Additives Market Size

Increase in demand for livestock products to Spur Growth

The increase in the demand for the livestock products such as meat, dairy based products and eggs drives the usage of feed additives in feed required for the growth and development of farm animals. Also, the increasing awareness about the role and dynamics of the food nutrients on the mental and physical growth and development, has boosted the demand for the feed additives. The global population has also been increasing which is driving the global food demand, thus creative a positive impact on the feed additives market. The rising incomes, changing lifestyles and rising health consciousness has changed the dietary habits of the consumers increasing the protein content in their diets and decreasing the carbohydrates.

The industrialization of meat production, increasing concerns on the quality of livestock products and increasing focus on livestock disease prevention has also boosted the demand for the feed additives.

Global Feed Additives -Market

With the presence of a large pool of participants, the global Feed Additives market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research. ADM, Cargill and Dupont, are some of the key vendors of Feed Additives market across the world. These players across Feed Additives market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the Feed Additives Market study.

Presence of Big Players In The Region Support North American Dominance

Regionally, North America has been leading the worldwide Feed Additives Market and is anticipated to continue on the dominant position in the years to come, states the Feed Additives Market study. The growing demand for the meat has stimulated the production of livestock which has boosted the feed additives market in this region. The mass production of livestock and the increased consumption of animal sourced products has increased the demand for feed additives in this region. Also, there has been considerable increase in the consumption of livestock products such as dairy and dairy based products, eggs and meat which has led the manufacturers to produce the feed additives in large numbers.

Browse the full Feed Additives Market By Form (Dry and Liquid), By Type (Amino Acids, Vitamins, Phosphates, Acidifiers, Enzymes, Flavors & Sweeteners, Antibiotics and Others), By Livestock (Poultry, Ruminants, Swine and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/feed-additives-market

The global Feed Additives Market is segmented as follows:

By Form

  • Dry
  • Liquid

By Type

  • Amino Acids
  • Vitamins
  • Phosphates
  • Acidifiers
  • Enzymes
  • Flavors and sweeteners
  • Antibiotics
  • Others

By Livestock

  • Poultry
  • Ruminants
  • Swine
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Corporate Office

Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com

We Are On Social