세계의 사료 첨가물 시장 예측(-2028년) : 유형별, 형태별, 가축별, 공급원별, 지역별 분석

According to Stratistics MRC, the Global Feed additives Market is accounted for $40.95 billion in 2022 and is expected to reach $63.21 billion by 2028 growing at a CAGR of 7.5% during the forecast period. Feed additives are nutritional supplements given to animals such as ruminants, swine, poultry, and aquatic animals. They contain calcium, beta-carotene, citric acid, sodium, potassium, lactic acid, manganese, and antioxidants. They promote animal health, stimulate appetite, and help to prevent certain diseases. They help to improve the quality of animal products like meat, milk, and eggs. They help to maintain overall nutritional balance in the diet and kill all types of germs in the animal's body.

According to the International Feed Industry Federation (IFIF), global commercial feed manufacturing generates an estimated annual turnover of over USD 400 billion.

Market Dynamics:

Driver:

Increase in demand and consumption of livestock-based products

An increase in demand and consumption of livestock-based products such as dairy and dairy-based products, meat, and eggs is predicted to promote the use of feed additives in feed for farm animal growth and development. 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 trend towards animal-sourced protein in the form of meat, eggs, or milk. This promotes the use of feed additives in feed since they improve nutritional quality.

Restraint:

Ban on antibiotics in different nations

One of the primary constraints for producers in the market who supply antibiotic-based animal feed additives is the prohibition on using antibiotics in animal feed. Because the European Union has banned the use of antibiotics in feed as growth factors, several countries throughout the world have stopped using antibiotic-based feed owing to misuse. Furthermore, rigorous government requirements for synthetic feed additives, as well as rising production costs as a result of shifting raw material prices, are important factors constraining the worldwide feed additives market's growth.

Opportunity:

Shifting towards natural growth promoters

With the assistance of current technology, feed makers are adopting new forms of natural feed additives other than antibiotics. Botanical ingredients, such as appropriate herb or plant extract blends, are included in this new generation of growth promoters. Herbs and plant extracts used as feed additives contain a variety of bioactive components including as alkaloids, bitters, flavonoids, glycosides, mucilage, saponins, and tannins. As a result, herbs and plant extracts are predicted to have a variety of effects: they stimulate pancreatic secretions, which boost endogenous enzyme activity and the immune system. Many plant compounds and components have extensive antibacterial activity as well as antioxidant and sedative characteristics.

Threat:

Sustainability of feed and livestock chain

The worldwide feed additives industry is concentrating on increasing feed efficiency by increasing feed conversion rates for all major livestock and farmed fish species. The feed and livestock sectors can achieve sustainability by establishing a standardized environmental footprint approach based on life cycle analysis that involves the full supply chain. The development of common metrics can also aid in the calculation of a broader range of resource efficiency measures. Efficient use of feed ingredients can help to reduce the environmental impact of livestock husbandry through resource-efficient feed production. The use of co-products from other processing industries can reduce the pressure on land-grown crops.

COVID-19 Impact:

The COVID-19 pandemic outbreak has posed significant hurdles to the feed additives sector and imposed unprecedented challenges on a number of countries. Because of transportation and travel limitations, it disrupted supply chains and restricted exports. Furthermore, there was a feed scarcity as a result of the suspension in production, and numerous firms suffered significant losses. The feed trade slowed considerably as state and district boundaries were sealed. Due to the shutdown of hotels, cafes, and restaurants, there was no demand for animal-derived items. Furthermore, the rising health concerns among consumers have lowered the consumption of animals and their derived products.

The amino acids segment is expected to be the largest during the forecast period

The amino acids segment is estimated to have a lucrative growth. Its significant proportion is due to its capacity to boost immunity and stimulate animal growth. It aids in the prevention of nail and skin disorders in animals. Furthermore, it aids in the prevention of brain dysfunction, which can lead to muscular incoordination in animals. As a result, amino acids are expected to be in great demand in the product market as both a feed supplement and a pet food ingredient. Major amino acids such as lysine, tryptophan, and thiamine are commonly employed as growth stimulants in cattle feed.

The poultry segment is expected to have the highest CAGR during the forecast period

The poultry segment is anticipated to witness the highest CAGR growth during the forecast period. Enzymes, antioxidants, vitamins, and acidifiers are some of the chicken feed additives available on the market, and they are used to improve efficiency and provide nutritional value to the product. Consumption is expanding in developing countries, where rising income and urbanisation are forcing consumers to diversify their diets. As a result of their rising population and high meat consumption ratios, developing countries will continue to dominate the poultry feed industry.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period, owing to the presence of a large livestock population and their growth rate. Furthermore, the region has seen an increase in the number of feed mills and feed output, particularly in nations such as India and Japan. This increase in the number of feed mills in the region reflects the increase in feed production. China, the region's largest feed producer, contributes greatly to the region's leadership position, with Thailand and Indonesia emerging as feed-producing countries, and India and Japan consistently increasing feed production.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period. Stringent regulations and standards for meat quality, as well as a high rate of meat consumption, are boosting demand for feed additives in the region's countries. The mills and pet food manufacturing industries will also contribute to market expansion. The Canada feed additives market was the fastest-growing market in the North American region Furthermore, the simple availability of raw materials such as maize and corn is expected to boost future market expansion.

Key players in the market:

Some of the key players profiled in the Feed additives Market include: Palital Feed Additives B.V., Evonik, Kemin Industries Inc., Cargill, Dupont, Novozymes, BASF, TEGASA, ADM, Alltech, Chr Hansen, Nutrition NV, Bluestar Adisseo Co. Ltd and Novus International.

Key Developments:

In February 2021, Kemin Industries launched a new product named KemTRACE Chromium-OR, an organic compliant chromium propionate feed ingredient for swine, cattle, broiler, and horse diets.

In February 2021, Alltech and DLG Group came together to focus on delivering profitability and efficiency to livestock producers in Scandinavia. Both the companies are finalizing the purchase of the Finnish company, Karki-Agri.

In November 2020, Evonik expanded its customer service offering for its animal nutrition customers by introducing a new digital portal called 'myAMINO.' Through this portal, the company has brought together its digital customer activities and services and added two web stores. It would help the company to strengthen its animal nutrition business.

Types Covered:

• Acidifiers
• Amino acids
• Antibiotics
• Antioxidants
• Carotenoids
• Enzymes
• Flavors & sweeteners
• Minerals
• Mycotoxin detoxifiers
• Non-protein nitrogen
• Phytogenics
• Phosphates
• Preservatives
• Probiotics
• Vitamins

Forms Covered:

• Liquid
• Dry

Livestocks Covered:

• Aquatic animals
• Ruminants
• Poultry
• Swine
• Other Livestocks

Sources Covered:

• Natural
• Synthetic

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Emerging Markets
• 3.7 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Feed Additives Market, By Type

• 5.1 Introduction
• 5.2 Acidifiers
  • 5.2.1 Acetic Acid
  • 5.2.2 Citric Acid
  • 5.2.3 Formic Acid
  • 5.2.4 Lactic Acid
  • 5.2.5 Malic Acid
  • 5.2.6 Propionic Acid
  • 5.2.7 Sorbic Acid
  • 5.2.8 Other Acidifiers
• 5.3 Amino acids
  • 5.3.1 Methionine
  • 5.3.2 Lysine
  • 5.3.3 Threonine
  • 5.3.4 Tryptophan
• 5.4 Antibiotics
  • 5.4.1 Penicillin
  • 5.4.2 Tetracycline
  • 5.4.3 Other Antibiotics
• 5.5 Antioxidants
  • 5.5.1 Bha
  • 5.5.2 Bht
  • 5.5.3 Ethoxyquin
  • 5.5.4 Other Antioxidants
• 5.6 Carotenoids
  • 5.6.1 Astaxanthin
  • 5.6.2 Beta-Carotene
  • 5.6.3 Canthaxanthin
  • 5.6.4 Lutein
• 5.7 Enzymes
  • 5.7.1 Phytase
  • 5.7.2 Protease
  • 5.7.3 Other Enzymes
• 5.8 Flavors & sweeteners
  • 5.8.1 Sweeteners
  • 5.8.2 Flavors
• 5.9 Minerals
  • 5.9.1 Zinc
  • 5.9.2 Copper
  • 5.9.3 Potassium
  • 5.9.4 Calcium
  • 5.9.5 Sodium
  • 5.9.6 Iron
  • 5.9.7 Manganese
  • 5.9.8 Phosphorus
  • 5.9.9 Magnesium
  • 5.9.10 Other Minerals
• 5.10 Mycotoxin detoxifiers
  • 5.10.1 Modifiers
  • 5.10.2 Binders
• 5.11 Non-protein nitrogen
  • 5.11.1 Ammonia
  • 5.11.2 Urea
  • 5.11.3 Other Non-protein nitrogens
• 5.12 Phytogenics
  • 5.12.1 Essential Oils
  • 5.12.2 Herbs and Spices
  • 5.12.3 Oleoresin
  • 5.12.4 Other Phytogenics
• 5.13 Phosphates
  • 5.13.1 Monocalcium Phosphate
  • 5.13.2 Dicalcium Phosphate
  • 5.13.3 Mono-Dicalcium Phosphate
  • 5.13.4 Defulorinated Phosphate
  • 5.13.5 Tricalcium Phosphate
  • 5.13.6 Other Phosphates
• 5.14 Preservatives
  • 5.14.1 Anticaking Agents
  • 5.14.2 Mold Inhibitors
• 5.15 Probiotics
  • 5.15.1 Lactobacilli
  • 5.15.2 Stretococcus Thermophilus
  • 5.15.3 Bifidobacteria
  • 5.15.4 Yeast
• 5.16 Vitamins
  • 5.16.1 Water-Soluble
  • 5.16.2 Fat-Soluble

6 Global Feed Additives Market, By Form

• 6.1 Introduction
• 6.2 Liquid
• 6.3 Dry

7 Global Feed Additives Market, By Livestock

• 7.1 Introduction
• 7.2 Aquatic animals
• 7.3 Ruminants
• 7.4 Poultry
• 7.5 Swine
• 7.6 Other Livestocks

8 Global Feed Additives Market, By Source

• 8.1 Introduction
• 8.2 Natural
• 8.3 Synthetic

9 Global Feed Additives Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Palital Feed Additives B.V.
• 11.2 Evonik
• 11.3 Kemin Industries Inc.
• 11.4 Cargill
• 11.5 Dupont
• 11.6 Novozymes
• 11.7 BASF
• 11.8 TEGASA
• 11.9 ADM
• 11.10 Alltech
• 11.11 Chr Hansen
• 11.12 Nutrition NV
• 11.13 Bluestar Adisseo Co. Ltd
• 11.14 Novus International