Feed Preservatives Market

Market Leaders - Feed Preservatives Market

The global feed preservatives market size is estimated to be valued at USD 4.8 billion in 2022 and is projected to reach USD 6.7 billion by 2027, recording a CAGR of 6.7% during the forecast period in terms of value. The demand for feed preservatives have been further fuelled by unpredictable crop harvest patterns over the years, which has increased the need for feed storage.

Key players in this market include BASF SE (Germany), Cargill, Inc. (US), Nutreco N.V. (Netherlands), Alltech, Inc. (US), Perstorp Holding AB (Sweden), Novus International, Inc. (US), DSM N.V. (Netherlands), Kemin Industries (US), Impextraco NV (Belgium) and Eastman Chemical Company (US).

To know about the assumptions considered for the study download the pdf brochure

The key players are focusing heavily upon improving their market shares, while their newer start-ups are being established rapidly in the market. The feed preservatives market can be classified as a consolidated market as the top seven players account for more than 50% market share, at present at the global level. There are numerous local players in the form of existing and emerging companies in several countries, particularly in Asian markets.

Cargill, Inc. (US) is engaged in the manufacturing and marketing food ingredients, risk management, agricultural products, financial and industrial products, and services worldwide. The company covers 75 businesses under its four major categories: food ingredients & application, animal nutrition & protein, origination & processing, and industrial & financial services and operates in 67 countries around the globe through its subsidiaries and affiliates. The company offers a range of feed antioxidants and premixes  under its Promote product line.

BASF SE (Germany) is one of the largest chemical producers on a global scale. The company operates in six business segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. The company offers feed acidifiers which find extensive applications in feed and silage preservation. The company also has a wide geographical reach spanning across 80 countries in all the major regions namely., North America, South America, Asia Pacific, Middle East and Africa.

Related Reports:

Feed Preservatives Market by Type (Feed acidifiers, mold inhibitors, feed antioxidants, anticaking agents), Livestock (Poultry, Cattle, Swine, Aquaculture) Feed type (Compound feed, feed premix, feed meal, silage) and Region - Global Forecast to 2027

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
AGI 4675
RI Published ON
5/13/2022
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Feed Preservatives Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved