Animal Feed Additives Market Overview
Recently unveiled by MMR, a comprehensive report on the Animal Feed Additives market explores the anticipated growth trends from 2024 to 2030. The report not only delves into the market’s projected worth and growth rate but also provides valuable insights into its market segments, geographical reach, key players, and their latest advancements.
Market Value :
Animal Feed Additives Market size was valued at US$ 18.20 Bn. in 2022 and the total revenue is expected to grow at 5.5% CAGR through 2023 to 2029, reaching nearly US$ 26.48 Bn.
Scope and Research Methodology of the Animal Feed Additives Market Report
The report on the Animal Feed Additives market meticulously scrutinizes significant developments, marketing strategies, supply and demand indicators, and profiles of industry leaders, potential entrants, and emerging participants. Employing a blend of primary and secondary research methodologies, the report offers a comprehensive analysis of the global alginates & derivatives market.
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Animal Feed Additives Market Regional Insights
The report offers a perspective on the Animal Feed Additives market in different geographical regions, encompassing North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Notably, the Asia Pacific region is poised to take the forefront in the Animal Feed Additives market, primarily driven by the surging demand for Animal Feed Additivess in diverse applications, with notable focus on China, Japan, and India.
Animal Feed Additives Market Segmentation:
The animal feed additives market is divided into categories such as swine, ruminants, poultry, aquatic animals, and others based on the type of livestock and equipment. Based on livestock, the feed additives market is expected to be dominated by the poultry segment, which is also projected to grow at the fastest rate. Growing concerns about animal health and consumer demands for a particular color of meat and yolk have led to an increase in the market for additives used in poultry feed.
by Livestock
Swine
Ruminants
Poultry
Aquatic Animals
Others
The market for animal feed additives is divided into three categories: liquid, dry, and others. Animal producers prefer the dry section because it is simpler to handle, store, and mix with feed. Its availability in pellet and mash forms provides consumers with additional options for mixing methods, which ought to foster the growth of this category.
by Product Type
Amino Acids
Antioxidants
Feed Enzymes
Feed Acidifiers
Vitamins
Minerals
Binders
Antibiotics
Others
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Animal Feed Additives Market Key Players:
1. BASF SE
2. Alltech Inc
3. Cargill, Inc.
4. Novozymes A/S
5. Evonik Industries AG
6. Charoen Pokphand Foods Public Company Limited
7. Nutreco N.V.
8. Addcon Group
9. Archer Daniels Midland Company
10. Adisseo France SAS
11. Kemin Industries
12. Chr. Hansen Holding A/S
13. Biomin
14. Aliphos Belgium S.A
15. Koninklijke DSM N.V
16. Phibro Animal Health Corporation
17. Biotech JSC
18. Danisco Animal Nutrition, Biomin,
19. Ajinomoto Co., Inc.
20. Adisseo France SAS.
21. Kemin Industries, Inc.
Table of Content: Animal Feed Additives Market
Part 01: Executive Summary
Part 02: Scope of the Animal Feed Additives Market Report
Part 03: Animal Feed Additives Market Landscape
Part 04: Animal Feed Additives Market Sizing
Part 05: Animal Feed Additives Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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