The global feed additives market is anticipated to grow at a CAGR of 5.2% during the forecast period. Increasing research and development activities to introduce feed additives are responsible for driving the growth of the market. The strategic initiatives by market players such as product expansion, new product launches, acquisition, and others in the global feed additives market are expected to further boost the market growth. For instances,
Browse the full report description of “Feed Additives Market Size, Share & Trends Analysis Report by Product (Antioxidants, Amino, Acids, Vitamins, Feed Enzymes, Feed Acidifiers, Antibiotics, Minerals, Mycotoxin Binders, Phytonutrients, Probiotics, and Others), by Livestock (Poultry, Cattle, Pork, Aquaculture, and Others), and by Source (Synthetic and Natural) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/feed-additives-market
• In January 2022, Amlan introduced next-generation natural feed additives. Advancements in natural feed additives are transforming animal protein production by providing proven and reliable products to improve the sustainability of poultry and livestock production and meet growing consumer demand for cleaner food. Furthermore, Amlan International introduced next-generation natural mineral-based feed additives for producers and vertical integrators in the US and growing its investment in R&D and technical support in global markets.
• In May 2019, Kemin Industries expanded its manufacturing facility in India, located in the SIPCOT industrial estate. The expansion of the manufacturing facility offers Kemin to better serve the increasing demand for specialized nutritional ingredients. The new facility “Integrated Organic Mineral Production System” ensures highly efficacious organic trace minerals in different combinations for animals. The facility has also received new certifications and endorsements to better serve Kemin food technologies customers in Asia.
• In 2020, Biochem announced the launch of their new product line RumiPro designed for special ruminant needs. Their new RumiPro line comprises three products RumiPro Top, RumiPro Appetizer, and RumiPro Basic. The RumiPro Top and RumiPro Appetizer were previously available and RumiPro Basic is a new product in the product line. This product is composed of hydrolyzed yeast based on Saccharomyces cerevisiae, using prebiotic effects with stabilization of rumen fermentation by supporting rumen bacteria with nutrients.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product
o By Livestock
o By Source
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Archer Daniels Midland Co., BASF SE, Cargill Inc., DuPont de Nemours, Inc., Koninklijke DSM N.V., Novus International Inc., Nutreco N.V., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Feed Additives Market Report Segment
By Product
By Livestock
By Source
Global Feed Additives Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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