2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Feed Additives Market?

The feed additives market is anticipated to be driven by the increasing demand for meat and dairy products. Meat is understood as the flesh of animals, including fish and birds, used for food, and can form an essential part of a balanced diet. Dairy products encompass milk-based foods like butter, cheese, ice cream, among others. Feed additives play a crucial role in animal nutrition by enhancing animal feed to meet the nutritional requirements of the animals. This, in turn, boosts the production of meat and dairy products while improving the overall quality of animal feed. For instance, a report published by the Government of Canada official website in May 2022 indicated that the per capita consumption of meat among Canadian consumers increased from Can$523.9 in 2017 to Can$601.1 in 2021, with a projected rise to Can$723.1 by 2026. Consequently, the upsurge in meat and dairy production is stimulating the expansion of the feed additives market.

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#What is the Projected CAGR for the Feed Additives Market Size from 2025 to 2034?

In recent times, there has been substantial growth in the market size of feed additives. The market, which was $20.22 billion in 2024, is projected to increase to $21.61 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.9%. The historical growth of this market is credited to expansion in livestock production, disease prevention efforts, efficiency improvements in feed conversion, nutritional demand, and increased meat consumption.

In the forthcoming years, the feed additives market is predicted to exhibit robust growth, reaching a market valuation of $28.65 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.3%. Factors contributing to this expected growth include an increased emphasis on animal welfare, sustainable and organic farming methods, precision livestock farming, regulatory alterations, and global population growth. Key trends forecasted for this period consist of technological advancements in the production of feed additives, the use of nutrigenomics in feed formulation, strategic collaborations and partnerships, adherence to regulatory requirements and transparency, as well as the digitization and precision of livestock farming.

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What Are the Key Market Innovations in theFeed Additives Market Over the Coming Years?

Major firms in the feed additives sector are concentrating on creating unique products, including plant-based feed additives, to enhance animal well-being, boost feed effectiveness, and advocate for environmentally friendly farming techniques. The overall quality of animal derivatives like meat and dairy can be improved by plant-based feed additives, which elevate flavor and nutritional content. To illustrate, in February 2023, Evonik, a chemical enterprise based in Germany, introduced PhytriCare IM feed additive. This product comprises select plant extracts abundant in flavonoids, which are known for their anti-inflammatory properties. The purpose of PhytriCare IM is to control extreme inflammatory reactions in sows, laying hens, and dairy cows. This product is widely accessible throughout the EU.

Who Are the Top Companies Driving Innovation and Growth in theFeed Additives Market?

Major companies operating in the feed additives market include Cargill Incorporated, Archer-Daniels-Midland Company, DuPont de Nemours Inc., Evonik Industries AG, BASF SE, Koninklijke DSM N.V., Novozymes A/S, Chr. Hansen A/S, Nutreco N.V., Kemin Industries Inc., Alltech Inc., Ajinomoto Co.Inc., Adisseo Co. Ltd., Tegasa, Palital Feed Additives B.V., Solvay S.A., Anpario plc, Biomin Holding GmbH, BioResource International Inc., Biovet JSC, Calysta Inc., Danisco Animal Nutrition, Devenish Nutrition, DSM Nutritional Products AG, Elanco Animal Health Inc., Enzyme Innovation, Feedworks USA Ltd., Global Animal Products Inc., Kalsec Inc., Lesaffre Group, Novus International Inc., Phibro Animal Health Corporation, QualiTech Inc., Wacker Chemie AG

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Which Key Market Segments Comprise the Feed Additives Market and Drive Its Revenue Growth?

The feed additives market covered in this report is segmented –

1) By Product Type: Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors And Sweeteners, Antibiotics, Other Products

2) By Livestock: Poultry, Ruminants, Swine, Aquatic Animals, Other livestocks

3) By On Source Type: Synthetic, Natural

4) By Form: Liquid, Dry

Subsegments:

1) By Amino Acids: L-Lysine, L-Threonine, L-Tryptophan, Methionine, Other Amino Acids

2) By Phosphates: Dicalcium Phosphate, Monocalcium Phosphate, Tricalcium Phosphate, Other Phosphates

3) By Vitamins: Vitamin A, Vitamin D, Vitamin E, B-Vitamins, Other Vitamins

4) By Acidifiers: Organic Acidifiers, Inorganic Acidifiers, Blend of Acidifiers

5) By Carotenoids: Beta-Carotene, Lutein, Astaxanthin, Other Carotenoids

6) By Enzymes: Proteases, Amylases, Phytases, Cellulases, Other Enzymes

7) By Mycotoxin Detoxifiers: Adsorbents, Biochemical Detoxifiers, Other Detoxifiers

8) By Flavors And Sweeteners: Natural Flavors, Artificial Flavors, Sweeteners

9) By Antibiotics: Tetracyclines, Penicillins, Macrolides, Other Antibiotics

10) By Other Products: Probiotics, Prebiotics, Phytogenics, Other Additives

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https://www.thebusinessresearchcompany.com/customise?id=9605&type=smpGlobal Feed Additives Market, Global Feed Additives Market Report, Global Feed Additives Market Trends, Global Feed Additives Market Size

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