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Animal Feed Additives Market Trends

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

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Animal Feed Additives Market Trends

Natural and organic feed additives are in greater demand as customers become more aware of the safety and quality of animal products. Consumers and producers share a common interest for animal welfare and health. Due to this, there is now more focus on feed additives that support gut health, boost immune system performance, and increase overall animal performance. To accomplish these goals, probiotics, prebiotics, enzymes, and organic acids are employed.

Regulatory constraints and customer demand for meat devoid of antibiotics have caused the use of antibiotic growth promoters in animal feed to decline. Since antibiotics are no longer necessary, there are now prospects for substitute additives including probiotics, prebiotics, essential oils, and organic acids that can boost animal health and performance.

New feed additives with enhanced efficacy and safety have been created as a consequence of ongoing research and technical breakthroughs. For instance, delicate ingredients are protected and their targeted release in the digestive system is ensured using encapsulation methods.

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.