Feed Additives Market - Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2028)

Feed Additives Market - Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2028)

Feed additives form an important part of animal nutrition, which improve the feed quality, yield & quality of food from animal origin, and animal health.

Feed Additives Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

Feed Additives Market size is projected to reach USD 49.08 Billion by 2027 from an estimated USD 34.76 Billion in 2020, growing at a CAGR of 5.05% globally.

IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

The Major Players In The Feed Additives Market Include:

Cargill (US), ADM (US), Evonik (Germany), DuPont (US), BASF (Germany), DSM (Netherlands), Ajinomoto (Japan), Novozymes (Denmark), Chr. Hansen (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (US), Adisseo (France), Alltech (US),Palital Feed Additives B.V (Netherlands),Global Nutrition International (France)

Market has segmented the global Feed Additives market on the basis of type, application, and region:

The Feed Additives market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Type:

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

 By Application:

 Poultry, Ruminants, Swine, Aquatic animals

 By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of South America)

Covid-19 Impact and Recovery Analysis on Industry:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Feed Additives Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe. 

Key Benefits For Stakeholders

·         The report provides an extensive analysis of the animal feed additives market trends and size from 2017 to 2025 to determine the prevailing opportunities.

·         Comprehensive analysis of factors that drive and restrict the growth of the market is provided.

·         Extensive analysis is conducted by following product benchmarking, positioning, and monitoring the top competitors within the global market.

·         The report provides extensive and qualitative animal feed additives market trends on the significant segments or regions.

·         The report provides key insights on strategic industry analysis of various companies and the value chain analysis of animal feed additives.

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