Feed Additives Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2030)


Posted February 8, 2024 by mansi3210

The global feed additives market is anticipated to grow at a CAGR of 5.2% during the forecast period.

 
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,


· 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.

To Request a Sample of our Report on Feed Additives Market: https://www.omrglobal.com/request-sample/feed-additives-market

Market Coverage

• The market number available for – 2023-2030

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

· By Product

· By Livestock

· By Source

Regions Covered-

· North America

· Europe

· Asia-Pacific

· 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.

Feed Additives Market Report Segment

By Product

• Antioxidants

• Amino Acids

• Vitamins

• Feed Enzymes

• Feed Acidifiers

• Antibiotics

• Minerals

• Mycotoxin Binders

• Phytonutrients

• Probiotics

• Others

By Livestock

• Poultry

• Cattle

• Pork

• Aquaculture

• Others

By Source

• Synthetic

• Natural

A full Report of Feed Additives Market is Available @ https://www.omrglobal.com/industry-reports/feed-additives-market

Feed Additives Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Adisseo Group

· Ajinomoto Co., Inc.

· Alltech Inc.

· Archer Daniels Midland Co.

· BASF SE

· Bentoli Inc.

· Cargill Inc.

· Centafarm SRL

· Chr. Hansen A/S

· DuPont de Nemours, Inc.

· Evonik Industries AG

· Global Nutrition International

· Kemin Industries, Inc.

· Koninklijke DSM N.V.

· Novozymes A/S

· Novus International Inc.

· NUQO Food Additives

· Nutreco N.V.

· Palital Feed Additives B.V.

· Tecnica Ganadera, SL

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/feed-additives-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Issued By MANSI
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Categories Business , Food , Industry
Last Updated February 8, 2024