North America Specialty Animal Feed Additives Market

North America Specialty Animal Feed Additives Market Size, Share, Growth Analysis, By Product(Encapsulated Methionine, Sulfate based minerals, Copper, Zinc), By Livestock(Poultry, Layers, Broilers, Turkey), By Region - Industry Forecast 2025-2032


Report ID: SQMIR30I2401 | Region: Regional | Published Date: April, 2024
Pages: 198 | Tables: 80 | Figures: 75

North America Specialty Animal Feed Additives Market Dynamics

Drivers

Focus on Animal Nutrition and Health

  • The demand for specialty feed additives is rising as livestock producers increasingly understand the significance of animal nutrition and health in maximizing production efficiency and profitability.

Consumer Awareness

  • The use of specialty additives has been motivated by increased consumer understanding of how animal feed affects food safety and quality, which has led to issues being addressed and transparency being improved.

Increasing Demand for Premium Animal Products

  • Livestock producers now use specialty feed additives to enhance animal health and product quality as a result of rising customer demand for premium meat, dairy, and other animal products.

Restraints

Expense factors

  • Specialty feed additives are frequently more expensive than traditional feed components, which can be a problem for livestock farmers on a tight budget.

Supply-Chain Breakdowns

  • Production and availability of speciality feed additives can be impacted by supply chain disruptions including shortages of raw materials and logistical problems.

Environmental Concerns

  • Sustainability and environmental concerns are becoming more and more crucial, and the environmental effect of some speciality additives may come under examination.
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FAQs

North America Specialty Animal Feed Additives Market size was valued at USD 24.43 Billion in 2023 and is poised to grow from USD 26.07 Billion in 2024 to USD 43.8 Billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).

The presence of well-known industry companies and cutting-edge newcomers in the competitive landscape of the specialty animal feed additives market in North America is indicative of the market's intense competition as they compete to satisfy the rising demand for high-quality animal nutrition solutions. Leading businesses like Cargill, Inc., Archer Daniels Midland Company, Evonik Industries AG, and Alltech, Inc. have maintained strong market positions because to their broad product portfolios, worldwide reach, and emphasis on research and development. 'Cargill, Inc. (Minnetonka, Minnesota, USA)', 'Archer Daniels Midland Company (Chicago, Illinois, USA)', 'Evonik Industries AG (Essen, Germany, with a significant presence in North America)', 'Alltech, Inc. (Nicholasville, Kentucky, USA)', 'Novozymes A/S (Bagsværd, Denmark)', 'DSM Nutritional Products, LLC (Parsippany, New Jersey, USA)', 'Adisseo USA Corporation (Alpharetta, Georgia, USA)', 'Kemin Industries, Inc. (Des Moines, Iowa, USA)', 'Balchem Corporation (New Hampton, New York, USA)', 'BASF Corporation (Florham Park, New Jersey, USA)', 'Nutreco N.V. (Amersfoort, Netherlands, with operations in North America)', 'Zinpro Corporation (Eden Prairie, Minnesota, USA)', 'Perstorp Holding AB (Malmö, Sweden, with a presence in North America)', 'Phibro Animal Health Corporation (Teaneck, New Jersey, USA)', 'AB Vista, Inc. (Marlborough, Wiltshire, UK, with a presence in North America)', 'Biomin America, Inc. (San Antonio, Texas, USA)', 'Danisco Animal Nutrition (DuPont) (Wilmington, Delaware, USA)', 'Kalsec, Inc. (Kalamazoo, Michigan, USA)', 'Diamond V (Cedar Rapids, Iowa, USA)', 'Elanco Animal Health Incorporated (Greenfield, Indiana, USA)'

The demand for specialty feed additives is rising as livestock producers increasingly understand the significance of animal nutrition and health in maximizing production efficiency and profitability.

Microbiome and Gut Health: Feed additives that improve the digestive health of animals are high in demand as companies invest in the research of animal gut health to promote better nutritional absorption.

Regional insights indicate various trends and dynamics in the speciality animal feed additives industry in North America. The United States has historically been the dominating location within North America for speciality animal feed additives as of my most recent knowledge update in September 2021. This is mainly attributable to the nation's enormous livestock output, thriving poultry and swine sectors, and heavy emphasis on improving animal nutrition. The livestock industry in the United States is highly developed and technologically sophisticated, and speciality feed additives are used to improve animal health, feed effectiveness, and product quality. The market's position in the US has also been bolstered by American livestock farmers' growing understanding of the advantages of speciality feed additives. 

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North America Specialty Animal Feed Additives Market

Report ID: SQMIR30I2401

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