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Specialty Feed Additives Market by Function (Gut Health & Digestive Performance, Mycotoxin Management, Palatability Enhancement, Preservation of Functional Ingredients and Others), by Livestock (Swine, Ruminants, Poultry, Aquatic Animals, Pork and Others), by Product (Amino Acids, Vitamins, Antibiotics, Antioxidants, Acidifiers, Enzymes and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 14-Jun-2021 Category: Food & Beverage Report Format : PDF Pages: 120 Report Code: ZMR-2330 Status : Published

The Global Specialty Feed Additives Market accounted for USD 9.44 Billion in 2020 and is expected to reach USD 16.78 Billion by 2028, growing at a CAGR of 7.5% from 2021 to 2028.

Description

Market Overview

The Global Specialty Feed Additives Market accounted for USD 9.44 Billion in 2020 and is expected to reach USD 16.78 Billion by 2028, growing at a CAGR of 7.5% from 2021 to 2028.

The adding up of specialty feed additives such as sweeteners and flavors aids to improve the flavor of the feed. This in turn leads to a huge feed consumption by the livestock animals thus making them perform well. As a result, these flavor enhancers are seeing significant growth and gaining market share in the worldwide specialty feed additives industry. Furthermore, rising animal product usage and the prevalence of diseases in livestock animals such as swine flu, avian flu, and foot-and-mouth infections exacerbate security and apprehension concerns, and are the most crucial elements for the worldwide specialty feed additives market.

COVID-19 Impact Analysis

More than 100 nations have been affected by the COVID-19 epidemic, which will have a substantial impact on the compound feed and additives market in 2020. The coronavirus disease (COVID-19) pandemic is spreading rapidly and claiming human lives all over the world. To slow the spread of the virus and save lives, lockdowns, isolation, and broad closures are required. The coronavirus outbreak is having an influence on worldwide economic activity. Because feed is such an important component in the development of various livestock animals, feed additives are an important component in the manufacture of nutrition-fortified feed. This nutrient-rich feed aids animals in maintaining their health, reproduction, lactation, and brand equity. The raw ingredient supply chain has been influenced by the pandemic and lockdown, affecting consumption and manufacturing patterns around the world. Because animals cannot acquire enough nourishment from conventional feed, feed additives containing vitamins, fatty acids, amino acids, and trace minerals are added to their daily meal.

Growth Factors

The major growth factors of Specialty Feed Additives Market are: Infectious illness is prevalent in typical farmed animals at a high rate, the current high rate of disease infliction in common farm animals is the most essential element attributed to the thriving expansion of the worldwide specialty feed additives market. With animal health being so closely linked to commercial success, it is becoming increasingly important for firms and individuals that own and manage these animals to ensure that they are free of hazardous infections, diseases, and parasites.

Innovations in animal husbandry, Increased cost efficiency, enhanced animal welfare, improved working conditions, better production monitoring and improved provision of essential production data are just a few of the advantages of new technology. Electronic records, milking, heat detection walk-over-weighing, auto-drafting, genetic improvement, feeding, barn environment optimization, and health recording are some of the primary technologies that livestock farmers require.

Report Scope:

 

Livestock Segment Analysis

As a result of the rise in diseases such as avian flu, stricter laws and standards have been implemented, driving greater demand for specialized chemicals. Furthermore, worldwide chicken meat production is predicted to grow at a rapid pace, resulting in increased demand for poultry feed over the forecast period. The growth is likely to be driven by rising pork consumption in North America, Europe, and Asia Pacific. The top producers and consumers of swine feed are Canada, Brazil, the United States, and China. In these regions, this factor is expected to boost demand for feed and feed additives. The feed is divided into three categories: grower feed, sow feed, and pig starter feed, depending on the stage of growth. As a result, suitable formulations and rations must be provided at each stage of growth.

Product Segment Analysis

The Specialty feed additives market is divided into amino acids, vitamins, antibiotics, antioxidants, acidifiers, enzymes, and others based on product. In terms of revenue, amino acids accounted for 35% of the overall market in 2020. Growing consumer awareness regarding the benefits related with the use of feed additives to reduce the prevalence of diseases has supported the demand. Amino acids square measure thought of as macromolecule building blocks for eutherian health. Amino acids square measure answerable for enhancing gut health, food intake, copy, and metastasis, among others. totally different sorts of amino acids embody threonine, tryptophan, lysine, and essential amino acid. essential amino acid is primarily utilized in the pork business, whereas essential amino acid is preponderantly utilized in the poultry business. Antibiotics in animal feed boost growth and help to avoid disease.

Regional Segment Analysis

In terms of volume, North America accounted for 21% of the global market share in 2020. The demand for meat is projected to continue to be driven by strict meat quality rules. Furthermore, demand is expected to be fueled by the high availability of raw materials such as dextrose, maize, and corn over the projection period. Because of the vast number of regional and global industry participants, the specialized feed additives market in North America is extremely competitive and consolidated.

The Asia Pacific region is projected to grow at a CAGR of 9.3% over the forecast period.

With a large economy based on livestock and agriculture, Asia Pacific is expected to be a highly capable area of interest for major participants in the global specialty feed additives market. Due to strong economic growth in rising economies such as China, Indonesia, and India, the region has seen a significant increase in demand. Growing population and growing living standards have boosted regional meat demand, which is expected to continue to increase product demand.

Key Market Players & Competitive Landscape

Some of key players in Specialty Feed Additives market are BASF SE, Novus International, Evonik Industries, DSM, AkzoNobel Surface Chemistry AB, Nutreco N.V., Novozymes A/S, Kemin Industries Inc., and Brookside Agra, among others.

The Global Specialty Feed Additives Market is segmented as follows:

By Function

  • Gut Health & Digestive Performance
  • Mycotoxin Management
  • Palatability Enhancement
  • Preservation of Functional Ingredients
  • Others

By Livestock

  • Swine
  • Ruminants
  • Poultry
  • Aquatic Animals
  • Pork
  • Others

By Product

  • Amino Acids
  • Vitamins
  • Antibiotics
  • Antioxidants
  • Acidifiers
  • Enzymes
  • 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

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Function
        • 2.1.1.2. Market Attractiveness Analysis, By Livestock
        • 2.1.1.3. Market Attractiveness Analysis, By Product
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Specialty Feed Additives Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Specialty Feed Additives Market – Function Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Function, 2020 & 2028
    • 4.2. Gut Health & Digestive Performance
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Mycotoxin Management
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Palatability Enhancement
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Preservation of Functional Ingredients
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Others
      • 4.6.1. Market Size and Forecast, By Region (USD Billion)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Specialty Feed Additives Market – Livestock Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Livestock, 2020 & 2028
    • 5.2. Swine
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Ruminants
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Poultry
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Aquatic Animals
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Pork
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. Others
      • 5.7.1. Market Size and Forecast, By Region (USD Billion)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: Specialty Feed Additives Market – Product Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Product, 2020 & 2028
    • 6.2. Amino Acids
      • 6.2.1. Market Size and Forecast, By Region (USD Billion)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Vitamins
      • 6.3.1. Market Size and Forecast, By Region (USD Billion)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Antibiotics
      • 6.4.1. Market Size and Forecast, By Region (USD Billion)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Antioxidants
      • 6.5.1. Market Size and Forecast, By Region (USD Billion)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.6. Acidifiers
      • 6.6.1. Market Size and Forecast, By Region (USD Billion)
      • 6.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.7. Enzymes
      • 6.7.1. Market Size and Forecast, By Region (USD Billion)
      • 6.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.8. Others
      • 6.8.1. Market Size and Forecast, By Region (USD Billion)
      • 6.8.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.8.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7: Specialty Feed Additives Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.2.2. North America Market Revenue, By Function, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Livestock, 2016 – 2028
      • 7.2.4. North America Market Revenue, By Product, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Function, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Livestock, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By Product, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Function, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Livestock, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By Product, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Function, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Livestock, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By Product, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.3.2. Europe Market Revenue, By Function, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Livestock, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By Product, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Function, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Livestock, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By Product, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Function, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Livestock, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By Product, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Function, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Livestock, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By Product, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Function, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Livestock, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By Product, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Function, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Livestock, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By Product, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Function, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Livestock, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By Product, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.4.2. Asia Pacific Market Revenue, By Function, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Livestock, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Product, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Function, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Livestock, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By Product, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Function, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Livestock, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By Product, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Function, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Livestock, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By Product, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Function, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Livestock, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By Product, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Function, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Livestock, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By Product, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Function, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Livestock, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By Product, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.5.2. Latin America Market Revenue, By Function, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Livestock, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By Product, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Function, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Livestock, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By Product, 2016 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Function, 2016 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Livestock, 2016 – 2028
        • 7.5.6.3. Argentina Market Revenue, By Product, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Function, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Livestock, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By Product, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Function, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Livestock, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By Product, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Function, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Livestock, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By Product, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Function, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Livestock, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By Product, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Function, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Livestock, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Product, 2016 – 2028
  • Chapter No. 8: Specialty Feed Additives Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technulogy Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9: Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Specialty Feed Additives Market: Company Market Share, 2019
      • 9.1.2. Global Specialty Feed Additives Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 9.1.3. Global Specialty Feed Additives Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Specialty Feed Additives Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10: Company Profiles
    • 10.1. BASF SE
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfulio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. Novus International
    • 10.3. Evonik Industries
    • 10.4. DSM
    • 10.5. AkzoNobel Surface Chemistry AB
    • 10.6. Nutreco N.V.
    • 10.7. Novozymes A/S
    • 10.8. Kemin Industries Inc.
    • 10.9. Brookside Agra
  • Chapter No. 11: Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12: Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Methodology


Frequently Asked Questions

The global Specialty Feed Additives market was valued at USD 9.44 Billion in 2020.

The global Specialty Feed Additives market is expected to reach USD 16.78 Billion by 2028, growing at a CAGR of 7.5% between 2021 to 2028.

Some of the key factors driving the global Specialty Feed Additives market growth are Infectious illness is prevalent in typical farmed animals at a high rate and animal husbandry innovations, increased cost efficiency, higher animal welfare, better working conditions, improved production monitoring, and improved availability of key production data are just a few of the benefits of new technology.

In 2020, North America accounted for 21% of worldwide market share. Strict meat quality regulations are expected to continue to stimulate beef demand. Asia Pacific is likely to be a very capable area of interest for major participants in the worldwide specialized feed additives market, with a huge economy dependent on livestock and agriculture.

Some of the major companies operating in the Specialty Feed Additives market are BASF SE, Novus International, Evonik Industries, DSM, AkzoNobel Surface Chemistry AB, Nutreco N.V., Novozymes A/S, Kemin Industries Inc., and Brookside Agra, among others. 

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