Feed Additives Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR44510
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The feed additives market has the potential to grow by USD 7.84 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 5.90%.

This feed additives market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (amino acids, antibiotics, probiotics, vitamins, and others) and geography (APAC, North America, Europe, South America, and MEA). The feed additives market report also offers information on several market vendors, including Ajinomoto Co. Inc., Archer Daniels Midland Co., Associated British Foods Plc, BASF SE, Cargill Inc., Chr. Hansen Holding A/S, DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM NV, and Solvay SA among others.

What will the Feed Additives Market Size be in 2021?

Feed-Additives-Market-Market-Size-2020-2025

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Feed Additives Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growing demand for animal feed is notably driving the feed additives market growth, although factors such as increasing stringency of regulations may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the feed additives industry get your FREE report sample now.

This feed additives market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Feed Additives Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 6%

Market growth 2021-2025

$ 7.84 billion

Market structure

Fragmented

YoY growth (%)

7.62

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 50%

Key consumer countries

China, US, India, Ukraine, and Brazil

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ajinomoto Co. Inc., Archer Daniels Midland Co., Associated British Foods Plc, BASF SE, Cargill Inc., Chr. Hansen Holding A/S, DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM NV, and Solvay SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Who are the Major Feed Additives Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Ajinomoto Co. Inc.
  • Archer Daniels Midland Co.
  • Associated British Foods Plc
  • BASF SE
  • Cargill Inc.
  • Chr. Hansen Holding A/S
  • DuPont de Nemours Inc.
  • Evonik Industries AG
  • Koninklijke DSM NV
  • Solvay SA

 

The feed additives market is fragmented and the vendors are deploying growth strategies such as collaborating with research firms to develop novel product solutions to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the feed additives market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Feed Additives Market?

Feed-Additives-Market-Market-Share-by-Region-2020-2025

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50% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for feed additives in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The high production of meat and milk will facilitate the feed additives market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Feed Additives Market?

Feed-Additives-Market-Market-Share-by-Product-2020-2025

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The feed additives market share growth by the amino acids segment will be significant during the forecast period. Lysine, threonine, methionine, and glycine are some amino acids that are widely used as feed additives, as they are the essential sources of nutrients for farm animals and poultry. These amino acids improve muscle building in animals and, therefore, are used to make dietary supplements. Amino acids are mixed with feeds meant for broilers, ducks, turkey, pigs, veal calves, dairy cows, and marine animals. The concentration of amino acid supplements given to the animal depends on the growth stage of the animal. Proteins are made of amino acid chains, and meat is a major source of protein for humans. Thus, the growing demand for meat will accelerate the demand for amino acids during 2021-2025.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the feed additives market size.

What are the Key Factors Covered in this Feed Additives Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive feed additives market growth during the next five years
  • Precise estimation of the feed additives market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the feed additives industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of feed additives market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The feed additives market growth will increase by $8510.00 million during 2019-2024.
The feed additives market is expected to grow at a CAGR of 5.79% during 2019-2024.
Technavio has segmented the feed additives market by product (Amino acids, Antibiotics, Probiotics, Vitamins, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
Ajinomoto Co. Inc., Archer Daniels Midland Co., Associated British Foods Plc, BASF SE, Cargill Inc., Chr. Hansen Holding A/S, DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM NV, Solvay SA are a few of the key vendors in the feed additives market.
APAC will register the highest growth rate of 49.48% among the other regions. Therefore, the feed additives market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Ukraine
  • India
  • Brazil
The key factors driving the feed additives market growth are:
  • Growing demand for animal feed
The feed additives market vendors should focus on grabbing business opportunities from the amino acids segment as it accounted for the largest market share in the base year.
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