Feed Additives Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Lallemand Inc., Alltech Inc., Novozymes AS

According to Stratistics MRC, the Global Feed Additives Market is accounted for $36.15 billion in 2020 and is expected to reach $63.99 billion by 2028 growing at a CAGR of 7.4% during the forecast period. Growth in feed production and rise in awareness about feed quality are the major factors propelling the market growth. However, volatile raw material prices for natural feed additives are hampering market growth.

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By geography, the Asia Pacific is going to have a huge demand due to the occurrence of a huge livestock population and their growth rate. Moreover, the region has observed a rise in the number of feed mills and feed production, mainly in countries such as India and Japan.

Some of the key players profiled in the Feed Additives Market include Lallemand Inc., Alltech Inc., Novozymes AS, Elanco Animal Health, Sumitomo Corporation, Evonik Industries, Novus International NV, BASF SE, Danisco Animal Nutrition, Archer Daniels Midland Co. (ADM), Cargill Inc., InVivo NSA SA (Neovia), Kemin Industries Inc., Nutreco NV, Phibro Animal Health Corp., Adisseo SAS, Pfizer Animal Health, Zoetis Inc., Borregaard, Danisco A/S, Chr. Hansen Inc., and DSM Nutritional Products Inc.

Forms Covered:
• Dry
• Liquid

Livestocks Covered:
• Aquatic Animals
• Poultry
• Ruminants
• Pork/Swine
• Other Livestocks

Sources Covered:
• Synthetic
• Natural

Types Covered:
• Acidifiers
• Amino Acids
• Antibiotics
• Lipids
• Antioxidants
• Carotenoids
• Enzymes
• Flavors & Sweeteners
• Minerals
• Mycotoxin Detoxifiers
• Non-Protein Nitrogen
• Phosphates
• Phytogenics
• Preservatives
• Probiotics
• Prebiotics
• Vitamins
• Pigments

Functions Covered:
• Nutrition
• Immunity
• Productivity
• Technological
• Sensory
• Zootechnical

Categories Covered:
• Organic
• Conventional

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

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