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The size of global feed additives market was around USD 73.00 billion in 2023. The market is further expected to grow at a CAGR of 5.3% over the forecast period of 2024-2032 to attain a value of USD 116.34 billion by 2032.
Feed Additives Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Feed Additives Market Analysis
8.1 Key Industry Highlights
8.2 Global Feed Additives Historical Market (2018-2023)
8.3 Global Feed Additives Market Forecast (2024-2032)
8.4 Global Feed Additives Market by Source
8.4.1 Synthetic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Natural
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Feed Additives Market by Product Type
8.5.1 Amino Acids
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.1.3 Breakup by Type
8.5.1.3.1 Lysine
8.5.1.3.1.1 Historical Trend (2018-2023)
8.5.1.3.1.2 Forecast Trend (2024-2032)
8.5.1.3.2 Methionine
8.5.1.3.2.1 Historical Trend (2018-2023)
8.5.1.3.2.2 Forecast Trend (2024-2032)
8.5.1.3.3 Threonine
8.5.1.3.3.1 Historical Trend (2018-2023)
8.5.1.3.3.2 Forecast Trend (2024-2032)
8.5.1.3.4 Tryptophan
8.5.1.3.4.1 Historical Trend (2018-2023)
8.5.1.3.4.2 Forecast Trend (2024-2032)
8.5.2 Phosphates
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.2.3 Breakup by Type
8.5.2.3.1 Monocalcium Phosphate
8.5.2.3.1.1 Historical Trend (2018-2023)
8.5.2.3.1.2 Forecast Trend (2024-2032)
8.5.2.3.2 Dicalcium Phosphate
8.5.2.3.2.1 Historical Trend (2018-2023)
8.5.2.3.2.2 Forecast Trend (2024-2032)
8.5.2.3.3 Mono-dicalcium Phosphate
8.5.2.3.3.1 Historical Trend (2018-2023)
8.5.2.3.3.2 Forecast Trend (2024-2032)
8.5.2.3.4 Defulorinated Phosphate
8.5.2.3.4.1 Historical Trend (2018-2023)
8.5.2.3.4.2 Forecast Trend (2024-2032)
8.5.2.3.5 Tricalcium Phosphate
8.5.2.3.5.1 Historical Trend (2018-2023)
8.5.2.3.5.2 Forecast Trend (2024-2032)
8.5.3 Vitamins
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.3.3 Breakup by Type
8.5.3.3.1 Fat-Soluble
8.5.3.3.1.1 Historical Trend (2018-2023)
8.5.3.3.1.2 Forecast Trend (2024-2032)
8.5.3.3.2 Water-Soluble
8.5.3.3.2.1 Historical Trend (2018-2023)
8.5.3.3.2.2 Forecast Trend (2024-2032)
8.5.4 Acidifiers
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.4.3 Breakup by Type
8.5.4.3.1 Propionic Acid
8.5.4.3.1.1 Historical Trend (2018-2023)
8.5.4.3.1.2 Forecast Trend (2024-2032)
8.5.4.3.2 Formic Acid
8.5.4.3.2.1 Historical Trend (2018-2023)
8.5.4.3.2.2 Forecast Trend (2024-2032)
8.5.4.3.3 Citric Acid
8.5.4.3.3.1 Historical Trend (2018-2023)
8.5.4.3.3.2 Forecast Trend (2024-2032)
8.5.4.3.4 Lactic Acid
8.5.4.3.4.1 Historical Trend (2018-2023)
8.5.4.3.4.2 Forecast Trend (2024-2032)
8.5.4.3.5 Sorbic Acid
8.5.4.3.5.1 Historical Trend (2018-2023)
8.5.4.3.5.2 Forecast Trend (2024-2032)
8.5.4.3.6 Malic Acid
8.5.4.3.6.1 Historical Trend (2018-2023)
8.5.4.3.6.2 Forecast Trend (2024-2032)
8.5.4.3.7 Acetic Acid
8.5.4.3.7.1 Historical Trend (2018-2023)
8.5.4.3.7.2 Forecast Trend (2024-2032)
8.5.5 Carotenoids
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.5.3 Breakup by Type
8.5.5.3.1 Astaxanthin
8.5.5.3.1.1 Historical Trend (2018-2023)
8.5.5.3.1.2 Forecast Trend (2024-2032)
8.5.5.3.2 Canthaxanthin
8.5.5.3.2.1 Historical Trend (2018-2023)
8.5.5.3.2.2 Forecast Trend (2024-2032)
8.5.5.3.3 Lutein
8.5.5.3.3.1 Historical Trend (2018-2023)
8.5.5.3.3.2 Forecast Trend (2024-2032)
8.5.5.3.4 Beta-Carotene
8.5.5.3.4.1 Historical Trend (2018-2023)
8.5.5.3.4.2 Forecast Trend (2024-2032)
8.5.6 Enzymes
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.6.3 Breakup by Type
8.5.6.3.1 Phytase
8.5.6.3.1.1 Historical Trend (2018-2023)
8.5.6.3.1.2 Forecast Trend (2024-2032)
8.5.6.3.2 Protease
8.5.6.3.2.1 Historical Trend (2018-2023)
8.5.6.3.2.2 Forecast Trend (2024-2032)
8.5.7 Mycotoxin Detoxifiers
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.7.3 Breakup by Type
8.5.7.3.1 Binders
8.5.7.3.1.1 Historical Trend (2018-2023)
8.5.7.3.1.2 Forecast Trend (2024-2032)
8.5.7.3.2 Modifiers
8.5.7.3.2.1 Historical Trend (2018-2023)
8.5.7.3.2.2 Forecast Trend (2024-2032)
8.5.8 Flavors and Sweeteners
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.5.8.3 Breakup by Type
8.5.8.3.1 Flavors
8.5.8.3.1.1 Historical Trend (2018-2023)
8.5.8.3.1.2 Forecast Trend (2024-2032)
8.5.8.3.2 Sweeteners
8.5.8.3.2.1 Historical Trend (2018-2023)
8.5.8.3.2.2 Forecast Trend (2024-2032)
8.5.9 Antibiotics
8.5.9.1 Historical Trend (2018-2023)
8.5.9.2 Forecast Trend (2024-2032)
8.5.9.3 Breakup by Type
8.5.9.3.1 Tetracycline
8.5.9.3.1.1 Historical Trend (2018-2023)
8.5.9.3.1.2 Forecast Trend (2024-2032)
8.5.9.3.2 Penicillin
8.5.9.3.2.1 Historical Trend (2018-2023)
8.5.9.3.2.2 Forecast Trend (2024-2032)
8.5.10 Minerals
8.5.10.1 Historical Trend (2018-2023)
8.5.10.2 Forecast Trend (2024-2032)
8.5.10.3 Breakup by Type
8.5.10.3.1 Potassium
8.5.10.3.1.1 Historical Trend (2018-2023)
8.5.10.3.1.2 Forecast Trend (2024-2032)
8.5.10.3.2 Calcium
8.5.10.3.2.1 Historical Trend (2018-2023)
8.5.10.3.2.2 Forecast Trend (2024-2032)
8.5.10.3.3 Phosphorus
8.5.10.3.3.1 Historical Trend (2018-2023)
8.5.10.3.3.2 Forecast Trend (2024-2032)
8.5.10.3.4 Magnesium
8.5.10.3.4.1 Historical Trend (2018-2023)
8.5.10.3.4.2 Forecast Trend (2024-2032)
8.5.11 Antioxidants
8.5.11.1 Historical Trend (2018-2023)
8.5.11.2 Forecast Trend (2024-2032)
8.5.11.3 Breakup by Type
8.5.11.3.1 BHA
8.5.11.3.1.1 Historical Trend (2018-2023)
8.5.11.3.1.2 Forecast Trend (2024-2032)
8.5.11.3.2 BHT
8.5.11.3.2.1 Historical Trend (2018-2023)
8.5.11.3.2.2 Forecast Trend (2024-2032)
8.5.11.3.3 Ethoxyquin
8.5.11.3.3.1 Historical Trend (2018-2023)
8.5.11.3.3.2 Forecast Trend (2024-2032)
8.5.11.3.4 Others
8.5.12 Non-Protein Nitrogen
8.5.12.1 Historical Trend (2018-2023)
8.5.12.2 Forecast Trend (2024-2032)
8.5.12.3 Breakup by Type
8.5.12.3.1 Urea
8.5.12.3.1.1 Historical Trend (2018-2023)
8.5.12.3.1.2 Forecast Trend (2024-2032)
8.5.12.3.2 Ammonia
8.5.12.3.2.1 Historical Trend (2018-2023)
8.5.12.3.2.2 Forecast Trend (2024-2032)
8.5.12.3.3 Others
8.5.13 Preservatives
8.5.13.1 Historical Trend (2018-2023)
8.5.13.2 Forecast Trend (2024-2032)
8.5.13.3 Breakup by Type
8.5.13.3.1 Mould Inhibitors
8.5.13.3.1.1 Historical Trend (2018-2023)
8.5.13.3.1.2 Forecast Trend (2024-2032)
8.5.13.3.2 Anticaking Agents
8.5.13.3.2.1 Historical Trend (2018-2023)
8.5.13.3.2.2 Forecast Trend (2024-2032)
8.5.14 Phytogenics
8.5.14.1 Historical Trend (2018-2023)
8.5.14.2 Forecast Trend (2024-2032)
8.5.14.3 Breakup by Type
8.5.14.3.1 Essential Oils
8.5.14.3.1.1 Historical Trend (2018-2023)
8.5.14.3.1.2 Forecast Trend (2024-2032)
8.5.14.3.2 Herbs and Spices
8.5.14.3.2.1 Historical Trend (2018-2023)
8.5.14.3.2.2 Forecast Trend (2024-2032)
8.5.14.3.3 Oleoresin
8.5.14.3.3.1 Historical Trend (2018-2023)
8.5.14.3.3.2 Forecast Trend (2024-2032)
8.5.14.3.4 Others
8.5.15 Probiotics
8.5.15.1 Historical Trend (2018-2023)
8.5.15.2 Forecast Trend (2024-2032)
8.5.15.3 Breakup by Type
8.5.15.3.1 Lactobacilli
8.5.15.3.1.1 Historical Trend (2018-2023)
8.5.15.3.1.2 Forecast Trend (2024-2032)
8.5.15.3.2 Stretococcus Thermophilus
8.5.15.3.2.1 Historical Trend (2018-2023)
8.5.15.3.2.2 Forecast Trend (2024-2032)
8.5.15.3.3 Bifidobacteria
8.5.15.3.3.1 Historical Trend (2018-2023)
8.5.15.3.3.2 Forecast Trend (2024-2032)
8.5.15.3.4 Others
8.6 Global Feed Additives Market by Livestock
8.6.1 Ruminants
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.1.3 Breakup by Type
8.6.1.3.1 Calves
8.6.1.3.1.1 Historical Trend (2018-2023)
8.6.1.3.1.2 Forecast Trend (2024-2032)
8.6.1.3.2 Dairy Cattle
8.6.1.3.2.1 Historical Trend (2018-2023)
8.6.1.3.2.2 Forecast Trend (2024-2032)
8.6.1.3.3 Beef Cattle
8.6.1.3.3.1 Historical Trend (2018-2023)
8.6.1.3.3.2 Forecast Trend (2024-2032)
8.6.1.3.4 Others
8.6.2 Poultry
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.2.3 Breakup by Type
8.6.2.3.1 Broilers
8.6.2.3.1.1 Historical Trend (2018-2023)
8.6.2.3.1.2 Forecast Trend (2024-2032)
8.6.2.3.2 Layers
8.6.2.3.2.1 Historical Trend (2018-2023)
8.6.2.3.2.2 Forecast Trend (2024-2032)
8.6.2.3.3 Breeder
8.6.2.3.3.1 Historical Trend (2018-2023)
8.6.2.3.3.2 Forecast Trend (2024-2032)
8.6.3 Swine
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.3.3 Breakup by Type
8.6.3.3.1 Starters
8.6.3.3.1.1 Historical Trend (2018-2023)
8.6.3.3.1.2 Forecast Trend (2024-2032)
8.6.3.3.2 Growers
8.6.3.3.2.1 Historical Trend (2018-2023)
8.6.3.3.2.2 Forecast Trend (2024-2032)
8.6.3.3.3 Sows
8.6.3.3.3.1 Historical Trend (2018-2023)
8.6.3.3.3.2 Forecast Trend (2024-2032)
8.6.4 Aquatic Animal
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Feed Additives Market by Form
8.7.1 Dry
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Liquid
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Feed Additives Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Feed Additives Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Feed Additives Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Feed Additives Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Feed Additives Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Feed Additives Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Cargill, Incorporated
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Archer Daniels Midland Company
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Evonik Industries AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 BASF SE
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 DSM
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Biovet S.A.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Chr. Hansen Holding A/S
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Novozymes Group
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Kemin Industries, Inc.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Nutreco N.V.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 International Flavors & Fragrances Inc.
17.2.11.1 Company Overview
17.2.11.2 Product Portfolio
17.2.11.3 Demographic Reach and Achievements
17.2.11.4 Certifications
17.2.12 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Feed Additives Market: Key Industry Highlights, 2018 and 2032
2. Global Feed Additives Historical Market: Breakup by Source (USD Billion), 2018-2023
3. Global Feed Additives Market Forecast: Breakup by Source (USD Billion), 2024-2032
4. Global Feed Additives Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5. Global Feed Additives Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6. Global Feed Additives Historical Market: Breakup by Livestock (USD Billion), 2018-2023
7. Global Feed Additives Market Forecast: Breakup by Livestock (USD Billion), 2024-2032
8. Global Feed Additives Historical Market: Breakup by Form (USD Billion), 2018-2023
9. Global Feed Additives Market Forecast: Breakup by Form (USD Billion), 2024-2032
10. Global Feed Additives Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Feed Additives Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Feed Additives Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Feed Additives Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Feed Additives Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Feed Additives Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Feed Additives Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Feed Additives Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Feed Additives Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Feed Additives Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Feed Additives Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Feed Additives Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Feed Additives Market Structure
The global feed additives market reached a value of USD 73.00 billion in 2023.
The market is expected to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to reach a value of about USD 116.34 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing population, and rising consciousness regarding health and wellness of animals.
Key trends aiding market expansion include the rising consumer knowledge about the benefits of these additives, outbreak of various diseases, demand for natural feed additives, focus on animal’s gut health, and shift towards protein-rich diet.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major sources of feed additives include synthetic and natural.
The leading forms of the product in the market are dry and liquid.
Based on livestock, the market is divided into ruminants, poultry, swine, and aquatic animal, among others.
Key players in the market are Cargill, Incorporated, Archer Daniels Midland Company, Evonik Industries AG, BASF SE, DSM, Biovet S.A., Chr. Hansen Holding A/S, Novozymes Group, Kemin Industries, Inc., Nutreco N.V., and International Flavors & Fragrances Inc., among others.
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