The Global Nutritional Feed Additives Market Report by The Business Research Company covers nutritional feed additives market drivers and restraints, nutritional feed additives market size, major players, and the impact of COVID-19 on the nutritional feed additives market.
The nutritional feed additives market consists of sales of nutritional feed additives which are used to improve animals nutrition. Nutrition feed additives are an important portion of nutrition that enhance yield and quality of food. Nutrition feed additives improve the overall gut health, digestion process and appetite. This market includes companies that produce nutritional feed additives such as enzymes, antioxidants, acidifiers, probiotics, prebiotics and others.
The rise in consumption of meat products is one of the driving factors for the Nutrition Feed Additives Market. Due to high meat consumption, the concern for high quality meat is also increasing.
The global nutritional feed additives market is expected to grow from $8.27 billion in 2020 to $9.97 billion in 2021 at a compound annual growth rate (CAGR) of 20.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $12.65 billion in 2025 at a CAGR of 6.1%.
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Some nutritional feed additives market trends include manufacturers investing in the R&D of organic feed additives as there is a growing demand for organic and natural feed products in the market. When compared to synthetic nutrition feed additives, organic feed additives have less side effects and also improves yield. Therefore, poultry farmers are switching to herbal nutrition feed additives.
Global nutritional feed additives market segments include:
1) By Distribution Channel: Direct, Indirect, Hypermarket / Supermarket, Specialty Stores, Online Retail.
2) By Livestock: Ruminants, Poultry, Swine, Aquatic.
3) By Additive Type: Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors and Sweeteners, Pigments, Binders, Minera.
4) By Form: Dry, Liquid, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Nutritional Feed Additives Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides nutritional feed additives market overviews, analyzes and forecasts market size, share, nutritional feed additives market players, nutritional feed additives market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The nutritional feed additives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Nutritional Feed Additives Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: BASF SE, Cargill, Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Kemin Industries Inc., Adisseo, Alltech, Phibro Animal Health Corporation., DowDuPont, DSM , Novozymes , InVivo , Lallemand, Elanco, Addcon Group, Aliphos Belgium S.A., Koninklijke DSM N.V., ADM , Solvay , Ajinomoto , Chr. Hansen , AFB International, Vitablend Asia Pacific Pte Ltd, Kalsec, America-Pac, FoodSafe Technology, Biomin Holding GmbH, Penny Newman, Danisco Animal Nutrition.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Nutritional Feed Additives Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Nutritional Feed Additives Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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