Australia Feed Additives Market Report and Forecast 2025-2034

Australia Feed Additives Market Outlook 

The Australia feed additives market size reached USD 271.6 million in 2024. The market is expected to grow at a CAGR of 4.4% between 2025 and 2034, reaching almost USD 400.02 million by 2034.

Key Takeaways

• The aquaculture sector is poised for further expansion, driving compound feed production to meet increasing demand both domestically and globally. Feed production is forecasted to rise from 183.6 thousand metric tons in 2023 to 195.7 thousand metric tons by 2029.

• Poultry meat production in Australia reached 1.2 million tons in 2020, valued at USD 2.9 billion, marking a 2.8% increase from the previous year. Between 2017 and 2022, production surged by 10.1% to cater to growing demand.

• Per capita consumption of poultry eggs rose to 249 eggs in 2021, up by 7.8% compared to 2017, driving egg production to 6.3 billion eggs in 2021 from 5.521 billion eggs previously. Per capita consumption of poultry meat reached 44.50 kg in 2022, indicating a consistent rise from 43.35 kg in 2017, reflecting sustained demand growth.

In Australia, feed additives such as amino acids, binders, minerals, and probiotics dominate the animal feed sector, significantly impacting the market. Among these additives, lysine and methionine stand out due to their efficacy in enhancing gut health, facilitating animal digestion, and increasing meat production. Synthetic binders also play a pivotal role in disease prevention by improving digestion and nutrient intake in animals, particularly poultry birds, which constitute a major portion of the Australia feed additives market, consuming over 4.3 million metric tons in 2022.

Antioxidants, including citric acid, are witnessing rapid growth in demand as they aid in reducing pathogen colonisation and limiting toxic metabolite production, thereby enhancing the availability of essential nutrients in animal feed. Moreover, antioxidants contribute to prolonging the shelf life of feed products.

The Australian poultry industry is experiencing significant growth, with poultry meat production reaching 1.2 million tons in 2020, valued at USD 2.9 billion. Despite challenges posed by diseases like Avian influenza in 2020, the industry has remained resilient and expanded to meet escalating demand. Per capita consumption of poultry meat has steadily risen to 44.50 kg in 2022, while egg consumption has increased to 249 eggs per capita in 2021, driving egg production to 6.3 billion eggs.

The aquaculture sector is also on the rise in Australia, with aquatic feed production increasing by 53.2% from 2002 to 2022, reaching 0.2 million metric tons. In 2022, aquaculture production surged by 13.7%, reaching 1.7 million metric tons, with fish feed production accounting for the majority. This growth is attributed to the rising demand for seafood, with seafood consumption reaching 14.5 kg per person during 2020-21 and aiding the Australia feed additives market development. Export of aquaculture products totalled USD 2.14 billion during the same period, underscoring the sector's importance to the economy.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

Australia Feed Additives Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Phosphates

• Vitamins

• Probiotics

• Minerals

• Preservatives

• Vitamins

• Flavors and Sweeteners

• Mycotoxin Detoxifiers

• Pigments

• Phytogenics

• Yeast

• Enzymes

• Non-Protein Nitrogen

• Others

Market Breakup by Source

• Natural

• Synthetic

Market Breakup by Livestock

• Poultry

• Swine

• Aquatic Animal

• Ruminants

• Others

Market Breakup by Region

• South Wales

• Victoria

• Queensland

• Western Australia

• Australian Capital Territory

• Others

Competitive Landscape

Key players in the feed additive in Australia develop, manufacture, and provide products aiding the end-users with higher nutrient products.

• ADM Trading Australia Pty Ltd.

• BASF SE

• Koninklijke DSM N.V.

• Phibro Animal Health Corporation Australia

• Nutreco N.V.

• Solvay S.A.

• Lonza Group Ltd.

• Others

Key Highlights of the Report