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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What Makes This Report Unique And Essential To Read?
This market research covers the global and regional feed additives markets with a detailed analysis of the overall growth prospects of the feed additives market. Furthermore, it sheds light on the global competitive environment of the global feed additives market. The report also provides an overview of key corporate dashboards, including successful marketing strategies, market contributions, and recent developments in historical and current contexts.
The report analyzes the demand for products in the market for feed additives for aquaculture, poultry, ruminants, pigs, pets and horses. We also analyze the market for feed additives, feed additives, nutritional feed additives, sensory feed additives, coccidial inhibitors and tissue monologues, sugar-based products and the types of microorganisms supplied directly.
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Segmentation Analysis Includes
By Type
By Form
By Source
Regions Covered In The Animal Feed Additives Market Report:
· North America (U.S., Canada, Mexico)
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.
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Nov 06, 2023