The global animal feed additives market is witnessing steady growth, with its value projected to rise from USD 45.54 billion in 2024 to USD 59.88 billion by 2029, growing at a CAGR of 5.6%. This surge reflects the increasing emphasis on animal health, productivity, and sustainable farming practices.
Animal feed additives play a crucial role in enhancing the nutritional quality of animal feed. They include essential nutrients such as vitamins, minerals, amino acids, enzymes, and probiotics, all aimed at improving growth, immunity, and feed efficiency in livestock and poultry. The growing global demand for meat, dairy, and other animal-based products has further accelerated this market.
Driving Factors Behind Animal Feed Additives Growth
Several key factors are fueling the expansion of the animal feed additives market:
Liquid Animal Feed Additives Gain Traction
Among the various forms of animal feed additives, liquid additives are becoming increasingly popular. They offer advantages such as improved feed efficiency, higher nutrient absorption, and better production outcomes.
For example, in October 2022, Kemin Animal Nutrition and Health (US) launched MillSAVOR Liquid and Liquid Concentrate, which use advanced surfactants to reduce surface tension in feed particles. This innovation improves milling efficiency, reduces energy consumption, and enhances pellet durability—showing how liquid additives optimize production while boosting animal nutrition.
Natural Animal Feed Additives on the Rise
The natural source segment is expected to hold a significant market share in the coming years. Natural additives—derived from plants, herbs, spices, fungi, bacteria, and essential oils—are increasingly preferred as alternatives to synthetic ingredients.
Key drivers for this trend include:
Innovations in natural animal feed additives reflect this shift. For instance, Kemin AquaScience launched Pathorol, a shrimp phytogenic additive, in April 2023, while Amlan International introduced mineral-based additives for poultry and livestock gut health in January 2022. Such products support animal growth, digestion, and overall health while meeting consumer demand for sustainable and safe food products.
Europe: A Key Market for Animal Feed Additives
Europe continues to maintain a significant share in the animal feed additives market. Despite some declines in beef and pig feed production, poultry feed and pet feed sectors show modest growth, providing opportunities for feed additive manufacturers.
Leading players in Europe include Evonik Industries AG (Germany), BASF SE (Germany), dsm-firmenich (Switzerland), Novonesis Group (Denmark), Adisseo (France), Jubilant Ingrevia Limited (India), and Nutreco (Netherlands).
Notable recent developments:
These moves underline the industry’s focus on sustainable, high-quality feed solutions that align with regional demand and regulatory standards.
The animal feed market is poised for continued growth, driven by innovation, natural ingredient adoption, and sustainability-focused farming practices. As the industry evolves, manufacturers are expected to focus on developing products that enhance animal health, improve feed efficiency, and meet the changing preferences of consumers worldwide.
The future of animal feed additives looks promising, reflecting a market that not only supports livestock productivity but also responds to global demands for sustainable, high-quality animal products.
Key Questions Addressed byAnimal Feed Additives Market Report
Related Reports:
Feed Additives Market by Livestock, Type (Amino Acids, Probiotics, Vitamins, Acidifiers, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, and Antioxidants), Livestock, Form, Source, Function, and Region - Global Forecast to 2029
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