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The United States animal feed additives market reached approximately USD 6.20 billion in 2023. The market is projected to grow at a CAGR of 6.2% between 2024 and 2032, reaching a value of around USD 10.69 billion by 2032.
Base Year
Historical Year
Forecast Year
United States Animal Feed Additives Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 6.20 |
Market Size 2032 | USD Billion | 10.69 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 6.2% |
CAGR 2024-2032 - Market by Region | Southeast | 6.2% |
CAGR 2024-2032 - Market by Region | New England | 5.8% |
CAGR 2024-2032 - Market by Type | Probiotics | 7.2% |
CAGR 2024-2032 - Market by Livestock | Poultry | 7.1% |
Market Share by Region | Rocky Mountain | 4.3% |
Rising demand for animal-based protein and surge in feedstock production are some of the crucial factors boosting the growth of the United States animal feed additives market. Concerns regarding the presence of artificial additives and chemicals in animal feed are further fuelling the demand for natural and organic animal feed additives, which align with the sustainability trend.
Moreover, the rise in acquisition and partnership activities to enhance animal wellness awareness is one of the key market trends. For instance, Phibro Animal Health announced that it aims to acquire a medicated feed additive (MFA) product portfolio, water-soluble products and some related assets of Zoetis by the second half of 2024. The product portfolio is expected to contain around 37 product lines and showcase the company’s commitment to the animal health sector.
CAGR 2024-2032 - Market by | Region |
Southeast | 6.2% |
New England | 5.8% |
Mideast | 5.4% |
Plains | 5.0% |
Great Lakes | 4.7% |
Southwest | 6.4% |
Rocky Mountain | 6.7% |
Far West | 7.2% |
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States animal feed additives market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States animal feed additives industry.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States animal feed additives market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States animal feed additives market landscape.
*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.*
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REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Livestock |
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Breakup by Form |
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Breakup by Source |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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