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Animal Feed Additives Market Analysis

  • Report ID: GMI144
  • Published Date: May 2023
  • Report Format: PDF

Animal Feed Additives Market Analysis

The animal feed additives market size from product segment accounted for USD 21.5 billion in 2022. Animal health and welfare are issues that both consumers and producers are concerned about. Due to this, feed additives that promote gut health, enhance immune system function, and improve overall animal performance are increasingly receiving attention.


U.S. Animal Feed Additives Market Size, 2020- 2032 (USD Billion)

In the future years, it is anticipated that the animal feed additives market in the U.S. would continue to rise significantly. Several elements support its growth:

The demand for animal protein is being driven by increasing meat consumption. Animal feed additives are required as a result of the increase in demand for meat and dairy products in order to improve the nutritional value and general health of livestock and aquaculture species. Furthermore, as people become more aware of the function and dynamics of food nutrients, particularly protein, in general physical and mental growth and development, there is a growing preference for animal-sourced protein in the form of meat, eggs, or milk. This encourages the use of feed additives in feed since they improve nutritional quality.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of animal feed additives was valued at USD 22 billion in 2022 and will record over 4.2% CAGR from 2023 to 2032, says this GMI report.

Natural and organic feed additives are in greater demand as customers become more aware of the safety and quality of animal products.

In 2022, the animal feed additives product segment was USD 21.5 billion as animal health and welfare are issues that both consumers and producers are concerned about.

Alltech Inc., Biomin Holdings GmbH, Dr. Eckel GmbH, Impextraco, IPTSA (Industrial Técnica Pecuaria), Kemin Industries, Lucta, MIAVIT GmbH, Novus International, Inc., Nutriad, DSM, BASF SE, Dupont, Cargill, Archer Daniels Midland Company (ADM), and Nutreco N.V.

Animal Feed Additives Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 3504
  • Countries covered: 44
  • Pages: 2000
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