Animal Feed Additives Market Size, Share, Growth Analysis, By Product Type, By Livestock, By Form, By Function, By Region - Industry Forecast 2025-2032


Report ID: SQMIG15C2089 | Region: Global | Published Date: December, 2024
Pages: 163 |Tables: 0 |Figures: 0

Animal Feed Additives Market Insights

Animal Feed Additives Market size was valued at USD 43.81 Billion in 2023 and is poised to grow from USD 45.69 Billion in 2024 to USD 61.35 Billion by 2032, growing at a CAGR of 4.3% during the forecast period (2025-2032).

The animal feed additives market growth is being driven, directly, by increasing consumption of meat and dairy produce. The expansion of the global population, coupled with continued growth in the countries of 'emerging economies', demands more protein-rich foods like meat and dairy. Pressed between the demand-supply scenarios, livestock farming, therefore tends to become highly productivity-orientated and, of course, efficiency-orientated. The necessity to meet the demand makes animal feed additives fundamental in that they maximize nutrition and health for animals. Enhanced growth rates, efficiency of reproduction, and the overall health condition of the animal all make it easier to increase productivity. By means of the use of feed additives, producers maximize the feed, encourage more rapid growth, and ensure protection from illnesses for the animals they have, with the intent to be able to continuously provide the market with what has become in demand-that is, more meat and dairy products. With all these growth promoters, additives containing probiotics, enzymes, and vitamins, which could eventually bring about increased outputs for meat and dairy, improve feed quality and nutrition, demanding more innovative and efficient feed additives that cater to global livestock needs. Moreover, the rise in the focus on animal health & welfare drives the growth of the animal feed additives industry.

Market snapshot - 2025-2032

Global Market Size

USD 40.74 billion

Largest Segment

Liquid

Fastest Growth

Dry

Growth Rate

3.5% CAGR

Global Animal Feed Additives Market By Geography ($ Bn)
Country Share for Asia-Pacific (%)

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Animal Feed Additives Market Segmental Analysis

Global Animal Feed Additives Market is segmented by product type, livestock, form, function and region. Based on product type, the market is segmented into antibiotics, vitamins, antioxidants, amino acids, enzymes, minerals, binders, flavors & sweeteners, probiotics & prebiotics and pigments. Based on livestock, the market is segmented into poultry, swine, ruminants, aquaculture and others. Based on form, the market is segmented into dry and liquid. Based on function, the market is segmented into gut health & digestive performance, mycotoxin management, palatability enhancement, preservation of feed quality and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Analysis by Form

The market had a significant animal feed additives market share in the liquid category in 2023. The liquid segment is also expected to gain high momentum during the forecast period at an extremely significant compound annual growth rate. Several factors drive the demand for the liquid part of the animal feed additives market. The handy applicability of the additives within the composition of feed lies with its easy handling and usage for adding into feed. Liquid additives also improve the mixing homogeneity of feed. This ensures that the nutrients are evenly spread out in the diet. Besides, liquid formulations provide a means of precision dosage, making supplementation with nutrients more precise in control. In addition, the palatability of liquid additives is usually better, improving animal acceptability. Given these advantages, livestock producers seeking economical and efficient solutions for animal nutrition are increasingly looking at liquid feed additives.

With the numerous applications and practicality of dry type feed, the entire projection period is predicted to be captured. This is because the type is manageable and thus easy feeding for feed manufacturers and animal farmers. Moreover, since the feed is affordable, the farmer can stretch his finances since they are still providing high-quality nourishment to animals. Since dry goods are under relatively milder requirements than wet or liquid feed, its ease in storage and transportation adds further merit to its case. All these make it an attractive feed for the majority of the cattle industry.

Analysis by Source

The synthetic segment of the animal feed additives industry accounted for the largest share of 65.68% in 2023. This dominance is primarily attributed to significant advancements in synthetic chemistry, which have led to the development of more effective and safer products. With such breakthroughs, very high concentrations of synthetic feed additives can now be achieved, and inclusion at lower rates will not compromise feed on quality aspects. So, increasing synthetic feed additives have become very favorable for the livestock producers seeking feed efficiency improvement in the animals. This continuous research and developments keep pushing this market forward and synthetics feed additives maintain dominance for many producers.

The natural segment is expected to grow at the second-fastest CAGR during the forecast period, reflecting a shift in consumer preferences towards more holistic and sustainable options. This segment encompasses a diverse range of products, including probiotics, prebiotics, enzymes, essential oils, and various other natural compounds. These additives address critical consumer concerns, such as reducing antibiotic use and enhancing overall product safety. Moreover, natural feed additives contribute to improving animal health and efficiency, making them increasingly attractive to livestock producers. As the demand for cleaner and safer food production continues to rise, the natural segment is well-positioned for significant growth in the coming years.

Global Animal Feed Additives Market By Form

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Animal Feed Additives Market Regional Insights

As per the animal feed additives market forecast, Asia-Pacific in 2023 had the highest market share and will grow at a significant CAGR during the projection period. There are a few factors pushing the increased demand for animal feed additives in Asia-Pacific. Primarily, meat, dairy, and poultry product demand are experiencing high rise due to fast urbanization and population growth requiring enhanced animal productivity. Changes in diets towards higher protein diets have resulted in increased demand for animal products, and the growing aquaculture sector in the region will require specialized feed additives to enhance the growth and welfare of aquatic species. Increasing knowledge of the health and welfare of livestock among customers and producers are also driving the use of feed additives to improve animal welfare.

North America animal feed additives industry is expected to come out profitable in the forecast years due to some great reasons. But the leading key driver comes from the surging demand for meat, particularly between the US and Canadian economies, as people continue upping their search for more high-quality protein sources. Increasing demand for meat in the region, coupled with strict regulations on meat quality, is compelling livestock farmers to take up the latest feed additives that help improve animal productivity and health. In addition, growing awareness about sustainable agriculture techniques is making farmers invest in premium feed solutions. For all these reasons combined, the animal feed additives industry is expected to grow substantially in North America.

Global Animal Feed Additives Market By Geography
  • Largest
  • Fastest

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Animal Feed Additives Market Dynamics

Animal Feed Additives Market Drivers

Increased Meat Intake

  • The increased intake of meat in the global market significantly influences animal feed additives. The livestock producers use the additives to improve the growth rate, increase feed efficiency, and provide optimal health for the animals to meet customers' demands for the quality of the meat since they are in search of the best source of protein.

Rising Focus on Animal Welfare

  • The need for feed additives results from growing knowledge of animal health and welfare. With increased demand from producers on nutrient supplements that promote the enhancement of immunity, support better digestion, and offer less chance of disease incidence in cattle, this is driven by consumer demand for safe, healthful food items that encourage the use of chemicals to improve general welfare in animals.

Animal Feed Additives Market Restraints

Regulatory Issues Related to Safety Conditions

  • The animal feed additives industry is strictly regulated by laws with regionally specific safety conditions. Compliance with which may be very stringent and costly for the manufacturers, so it may discourage new products from entering the market. The regulatory burden due to these regulations may decrease the growth potential of this market, especially for smaller companies.

Expensive Natural Additives

  • With increasing demand, natural feed additives are being increasingly used; however, the higher production cost may prove to be a negative factor. For some livestock farmers, higher cost may act as a barrier to procurement and utilization of natural additives. Adoption may be deterred due to this cost, especially for smaller enterprises with lower levels of resources.

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Animal Feed Additives Market Competitive Landscape

In turn, companies within the animal feed additives industry have majorly taken what has made them leaders through mergers, product launching, acquisition, partnership, and collaborations. In fact, to hold their position in the highly competitive business, such leading entities of the industry have also concentrated their further efforts on enhancing the geographical market reach.

Top Player’s Company Profile

  • Cargill Incorporated 
  • Archer Daniels Midland Company 
  • BASF SE 
  • Evonik Industries AG 
  • Chr. Hansen Holding A/S 
  • Novozymes A/S 
  • Alltech, Inc. 
  • Nutreco N.V. 
  • Kemin Industries, Inc. 
  • Adisseo France SAS 
  • DSM Nutritional Products AG 
  • DuPont de Nemours, Inc. 
  • Phibro Animal Health Corporation 
  • Zoetis Inc. 
  • Novus International, Inc. 
  • Elanco Animal Health Incorporated 
  • Biomin Holding GmbH 
  • Neogen Corporation 
  • Bluestar Adisseo Company 
  • Lallemand Inc.

Recent Developments

  • June 2023: Evonik Industries AG has introduced more advanced animal feeds under the brand of new Biolys products, whereas they give excellent nutrients uptake at highest lysine concentrations to animals.
  • August 2023: Gramik released its new entry on Cattle feed in forms. Among them is included a new heifer mix product that went with Urja pashu poshak-Aahar along with its brands.
  • February 2023: Oil-Dri Corporation of America's animal nutrition and health business, Amlan International, bought Agromex Importaciones, S.A. de C.V. The motive behind the acquisition is to improve the market position of Amlan and expand the portfolio of animal health products through this deal.

Animal Feed Additives Key Market Trends

  • Growing Usage of Data Analytics Tools: One of the major animal feed additives market trends include rising usage of data analytics tools. Data analytics is becoming increasingly adopted in animal nutrition by the farmers as they take advantage of technology to track the health conditions of their animals and alter feeding processes. The performance data and feed efficiency allow them to make informed decisions about increased production and lower costs. This development will provide more specialized nutritional approaches in the wake of which feed formulation and management will witness greater innovation.
  • More Focus on Eco-Friendly and Sustainable Practices: There is an increasingly important role that sustainability is now playing in the animal feed additives industry. A continually growing group of producers wants to have environmentally friendly additives, comprising plant-based supplements and antibiotics as growth boosters, which can reduce the adverse impacts that it has on the environment. Behind that are broader commitments to agricultural methods and also to catering to customers who require food production as ecologically conscious as it can be, and which therefore fuels creative, sustainable feed solutions.

Animal Feed Additives Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the animal feed additives market outlook highlights that the market will grow even further with rising factors which include growth in meat consumption, growing awareness for healthful animals, and surging natural and sustainable solutions. Livestock farmers are moving towards modern feed additives because of greater and more environment-conscious health-conscious customers nowadays. Other drivers include technological developments that enhance the efficiencies of feeding systems, such as data analytics and precision nutrition. However, constraints such as legal compliance, high price of natural ingredients are also there. Industry altogether is a very promising space as the ones changing to meet customer and agricultural sector shifts.

Report Metric Details
Market size value in 2023 USD 43.81 Billion
Market size value in 2032 USD 61.35 Billion
Growth Rate 4.3%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Product Type
    • Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Minerals, Binders, Flavors & Sweeteners, Probiotics & Prebiotics, Pigments
  • Livestock
    • Poultry, Swine, Ruminants, Aquaculture, Others
  • Form
    • Dry, Liquid
  • Function
    • Gut Health & Digestive Performance, Mycotoxin Management, Palatability Enhancement, Preservation of Feed Quality, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Cargill Incorporated 
  • Archer Daniels Midland Company 
  • BASF SE 
  • Evonik Industries AG 
  • Chr. Hansen Holding A/S 
  • Novozymes A/S 
  • Alltech, Inc. 
  • Nutreco N.V. 
  • Kemin Industries, Inc. 
  • Adisseo France SAS 
  • DSM Nutritional Products AG 
  • DuPont de Nemours, Inc. 
  • Phibro Animal Health Corporation 
  • Zoetis Inc. 
  • Novus International, Inc. 
  • Elanco Animal Health Incorporated 
  • Biomin Holding GmbH 
  • Neogen Corporation 
  • Bluestar Adisseo Company 
  • Lallemand Inc.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Animal Feed Additives Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Animal Feed Additives Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Animal Feed Additives Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Animal Feed Additives Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Animal Feed Additives Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Animal Feed Additives Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Animal Feed Additives Market size was valued at USD 43.81 Billion in 2023 and is poised to grow from USD 45.69 Billion in 2024 to USD 61.35 Billion by 2032, growing at a CAGR of 4.3% during the forecast period (2025-2032).

In turn, companies within the animal feed additives industry have majorly taken what has made them leaders through mergers, product launching, acquisition, partnership, and collaborations. In fact, to hold their position in the highly competitive business, such leading entities of the industry have also concentrated their further efforts on enhancing the geographical market reach. 'Cargill Incorporated ', 'Archer Daniels Midland Company ', 'BASF SE ', 'Evonik Industries AG ', 'Chr. Hansen Holding A/S ', 'Novozymes A/S ', 'Alltech, Inc. ', 'Nutreco N.V. ', 'Kemin Industries, Inc. ', 'Adisseo France SAS ', 'DSM Nutritional Products AG ', 'DuPont de Nemours, Inc. ', 'Phibro Animal Health Corporation ', 'Zoetis Inc. ', 'Novus International, Inc. ', 'Elanco Animal Health Incorporated ', 'Biomin Holding GmbH ', 'Neogen Corporation ', 'Bluestar Adisseo Company ', 'Lallemand Inc.'

The increased intake of meat in the global market significantly influences animal feed additives. The livestock producers use the additives to improve the growth rate, increase feed efficiency, and provide optimal health for the animals to meet customers' demands for the quality of the meat since they are in search of the best source of protein.

Growing Usage of Data Analytics Tools: One of the major animal feed additives market trends include rising usage of data analytics tools. Data analytics is becoming increasingly adopted in animal nutrition by the farmers as they take advantage of technology to track the health conditions of their animals and alter feeding processes. The performance data and feed efficiency allow them to make informed decisions about increased production and lower costs. This development will provide more specialized nutritional approaches in the wake of which feed formulation and management will witness greater innovation.

As per the animal feed additives market forecast, Asia-Pacific in 2023 had the highest market share and will grow at a significant CAGR during the projection period. There are a few factors pushing the increased demand for animal feed additives in Asia-Pacific. Primarily, meat, dairy, and poultry product demand are experiencing high rise due to fast urbanization and population growth requiring enhanced animal productivity. Changes in diets towards higher protein diets have resulted in increased demand for animal products, and the growing aquaculture sector in the region will require specialized feed additives to enhance the growth and welfare of aquatic species. Increasing knowledge of the health and welfare of livestock among customers and producers are also driving the use of feed additives to improve animal welfare.

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Animal Feed Additives Market

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