What are the growing factor of Animal Feed Additives Market | Spreading Key players - Cargill Incorporated, Addcon Group, Evonik Industries AG, Koninklijke DSM N.V.,Aliphos Belgium S.A.

The global animal feed additives market size was valued at $19,642 million in 2017, and is anticipated to grow at a CAGR of 6.0% to reach $31,387 million during 2018 to 2025. Feed additives are used in animal nutrition to enhance the quality and properties of animal feed and to boost features such as overall gut health/digestive performance, palatability preservation, and others. They have gained significant importance globally as they improve the overall health of animals, which in turn improves the quality and quantity of meat produced. For example, in poultry diet, feed additives are used to improve the egg laying capacity of birds, feed utilization, and disease prevention. Similarly, a swine diet includes various natural & synthetic additives such as acidifiers, high dietary levels of copper & zinc, and phytase to boost the performance and profitability of this feed.

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Increase in global meat consumption, industrialization of meat products, and rise in awareness of the quality of dairy & meat products consumed drive the growth of the global feed additives market. However, increase in raw material costs restricts the market growth.

The global animal feed additives market is segmented based on additive type, livestock, form, function, and region. Based on additive type, the market is categorized into amino acids, antioxidants, feed enzymes, feed acidifiers, vitamins, minerals, binders, antibiotics, and others. Amino acids are sub-segmented into methionine, lysine, threonine, tryptophan, and others. Antioxidants are further segmented into BHA, BHT, ethoxyquin, and others. Feed enzymes are further classified into phytase, non-starch polysaccharides, protease, xylanase, and others. Feed acidifiers are sub-segmented into formic acid, butyric acid, fumaric acid, acetic acid, and others. Vitamins are further bifurcated into water soluble and fat soluble. Minerals are sub-segmented into zinc sources, iron sources, manganese sources, and copper sources. Binders are further divided into calcium lignosulphate, guar (Arabic) gum, and others. Antibiotics are subdivided into tetracycline, penicillin, and others. Based on livestock, the market is categorized into swine, ruminants, poultry, aquatic animals, and others (equine, pets, and birds). According to form, it is classified into dry, liquid, and others (powder and pellet form). As per function, it is fragmented into single function and multifunction. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key market players operating in the market include:

    Archer Daniels Midland Company
    BASF SE
    Cargill Incorporated
    Addcon Group
    Evonik Industries AG
    Koninklijke DSM N.V.,
    Aliphos Belgium S.A.,
    Kemin Industries Inc
    Nutreco N.V.
    Phibro Animal Health Corporation.

Key Benefits for Animal Feed Additives Market

    This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2017?2025, which assists to identify the prevailing market opportunities.
    Major countries in each region are studied as per key trends, developments, and presence of industry players in the market.
    Region-wise and country-wise market conditions are comprehensively analyzed in the report.
    This study evaluates the value chain to understand the competitive environment across geographies.
    An in-depth analysis of segmentation is provided to elucidate the dominant market opportunities.

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Animal Feed Additives Key Market Segmentations:

By Additive Type

    Amino Acids

        Methionine

        Lysine

        Threonine

        Tryptophan

        Others

    Antioxidants

        BHA

        BHT

        Ethoxyquin

        Others

    Feed Enzymes

        Phytase

        Non-starch Polysaccharides

        Protease

        Xylanase

        Others

    Feed Acidifiers

        Formic Acid

        Butyric Acid

        Fumaric Acid

        Acetic Acid

        Others

    Vitamins

        Water Soluble

        Fat Soluble

    Minerals

        Zinc Sources

        Iron Sources

        Manganese Sources

        Copper Sources

        Others

    Binders

        Calcium Lignosulphate

        Guar (Arabic) Gum

        Others

    Antibiotics

        Tetracycline

        Penicillin

        Others

    Others

By Livestock

    Swine

    Ruminants

    Poultry

    Aquatic Animals

    Others (Equine, Pets, and Birds)

By Form

    Dry

    Liquid

    Others (Power and Pellet Form)

By Function

    Single Function

    Multifunction

By Region

    North America

        U.S.

        Canada

        Mexico

    Europe

        Spain

        Russia

        Germany

        France

        Netherlands

        Italy

        UK

        Rest of Europe

    Asia-Pacific

        China

        India

        Japan

        Indonesia

        South Korea

        Rest of Asia-Pacific

    LAMEA

        Latin America

        Middle East

        Africa

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