飼料添加物市場 – 2029年までの世界予測

Feed Additives Market - Global Forecast to 2029

飼料添加物市場 - 家畜、種類(アミノ酸、プロバイオティクス、ビタミン、酸味料、酵素、香料と甘味料、マイコトキシン解毒剤、ミネラル、抗酸化物質)、形態、供給源、機能、地域別 - 2029年までの世界予測
Feed Additives Market by Livestock, Type (Amino Acids, Probiotics, Vitamins, Acidifiers, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, and Antioxidants), Form, Source, Function, and Region - Global Forecast to 2029

商品番号 : SMB-44228

出版社MarketsandMarkets
出版年月2025年1月
ページ数398
図表数426
価格タイプシングルユーザライセンス
価格USD 7,150
種別英文調査報告書

Report Overview

The global feed additives market is estimated to be valued at USD 45.38 billion in 2024 and is projected to reach USD 59.82 billion by 2029 at a CAGR of 5.7%.

世界の飼料添加物市場は、2024 年に 453 億 8,000 万米ドルと推定され、CAGR 5.7% で 2029 年までに 598 億 2,000 万米ドルに達すると予測されています。

The feed additives market is also benefiting from ongoing innovation and technological advancements. Companies are investing heavily in research and development to create new and improved products that cater to the evolving needs of the livestock industry. In December 2023, Adisseo (France) inaugurated its European R&I Centre, ELISE (European Lab for Innovation, Science & Expertise), located in Lyon, France.

飼料添加物市場も、継続的なイノベーションと技術進歩の恩恵を受けています。企業は、畜産業界の進化するニーズに応える改良された新製品を生み出すために、研究開発に多額の投資を行っています。 2023 年 12 月、Adisseo (フランス) は、フランスのリヨンに欧州 R&I センター ELISE (欧州イノベーション、科学、専門知識研究所) を開設しました。

The center consolidates Research and Innovation teams focused on process chemistry, engineering, and nutrition research. With 100 researchers, the facility aims to foster collaboration with universities and regional technology partners. Additional research activities remain in Commentary, La Rochelle, and Toulouse, while Adisseo’s global R&I workforce spans France, China, Singapore, and the USA.

このセンターには、プロセス化学、工学、栄養学の研究に重点を置いた研究およびイノベーション チームが統合されています。 100 人の研究者を擁するこの施設は、大学や地域の技術パートナーとの協力を促進することを目的としています。追加の研究活動はコメンタリー、ラ・ロシェル、トゥールーズに残っていますが、アディセオのグローバルな R&I 人材はフランス、中国、シンガポール、米国に広がっています。

The development of new feed additives aimed at reducing methane emissions is significantly contributing to the growth of the feed additives market. In January 2024, Clemson University, in partnership with the University of Florida and Auburn University, launched a project to develop safe, effective, and affordable feed additives to mitigate enteric methane emissions in grass-fed cattle. Methane is a potent greenhouse gas produced during ruminant digestion. Funded by a USD 5 million USDA grant, the project supports sustainability efforts and enhances demand for innovative feed solutions.

飼料添加物市場 - 2029年までの世界予測
feed-additives-market

Innovations such as artificial intelligence and advanced enzyme formulations are enhancing feed performance and livestock management. These technologies are designed to address specific challenges in animal nutrition and health, providing more precise and effective solutions. In March 2023, MASCO (US) introduced AI audio sensors that revolutionized swine production by continuously monitoring respiratory events, thereby reducing mortality rates and improving herd health management. This system delivers real-time, objective alerts for timely intervention. Additionally, Danisco Animal Nutrition & Health, a business unit of IFF (US), has launched Axtra PRIME, an enzyme blend formulated to address key digestibility challenges in piglet production. This blend, which includes xylanase, beta-glucanase, alpha-amylase, and protease, enhances nutrient digestion and gut health, supporting faster growth and better performance during stressful periods such as weaning. These advancements reflect the industry’s commitment to leveraging technology to optimize animal health and feed efficiency.

“Disruptions in Feed Additives Market”

Raw material supply challenges in the feed additives market are exacerbated by various global factors, including volatile costs and supply chain disruptions. According to Alltech’s 2024 Agri-Food Outlook, overall feed production slightly declined by 0.2% in 2023, reflecting the tightening margins and reduced demand for animal feed. This decline is linked to increasing production costs, geopolitical tensions, and changing consumption patterns driven by inflation. Additionally, certain sectors like beef feed witnessed more pronounced decreases due to stricter sustainability policies in Europe and shifts in cattle cycles in the U.S. Meanwhile, feed efficiency improvements are helping offset raw material disruptions in some regions, but fluctuations in costs and availability remain critical challenges impacting production and pricing globally.

The Key representative of animal nutrition at ADM (US) outlines four critical factors influencing the feed additives market in 2023: geopolitical tensions, food security, energy challenges, and the rise of plant-based protein. Heightened tensions between nations, notably the US-China rivalry and the Ukraine-Russia conflict, have disrupted global supply chains, creating significant challenges for feed ingredients like vitamins and amino acids, which are predominantly manufactured in China. Additionally, soaring energy costs have increased production and transportation expenses, further straining the industry. The growing development of plant-based and cultured proteins is also shifting demand away from animal protein, particularly in emerging markets.

These dynamics disrupt the feed additives market by increasing operational costs, complicating supply chain logistics, and reducing demand for traditional animal-based feed additives. However, opportunities remain in enhancing feed conversion efficiency, meeting consumer preferences for antibiotic-free livestock, and driving sustainability through innovations like methane-reducing seaweed additives. While growth is expected in aquaculture and poultry production across Asia and Africa, the market faces long-term hurdles such as slower growth rates, industry consolidation, and a pressing need to focus on sustainability and animal health.

“Poultry emerges as the dominant livestock segment during the forecast period.”

Poultry has emerged as the dominant segment in the livestock industry due to its significant economic contribution and steady production growth. According to USDA, In 2023, the combined value of production from broilers, eggs, turkeys, and chickens reached USD 67.1 billion, with broilers alone contributing 64% of this total, equivalent to USD 42.6 billion. This dominance is driven by the consistent demand for poultry meat, which is favored for its affordability and versatility compared to other meats. Broiler production amounted to 9.16 billion birds, with a total live weight of 59.7 billion pounds, reflecting a steady increase from the previous year. The egg sector followed, contributing 27% to the total value, underscoring the essential role of poultry in the global diet.

Key players are actively enhancing their offerings to meet rising consumer demand and improve production efficiency. In December 2023, Cargill introduced tailored solutions to improve poultry health and performance, including innovative feed additives like Dia V MBPRO and postbiotics. These advancements aim to reduce antibiotic use while addressing consumer preferences for healthier poultry products. Additionally, Cargill launched REVEAL Layers, a patent-pending NIR technology that provides real-time, mobile-accessible insights into the relationship between body fat and egg production in laying poultry. This tool allows for the optimization of diet composition, enhancing profitability and contributing to the segment’s growth and innovation.

“Amino acids are estimated to dominate the feed additives market during the forecast period”

Amino acids are fundamental to animal growth and development. They are the building blocks of proteins, which are crucial for muscle development, tissue repair, and overall health in livestock. For instance, L-lysine and DL-methionine are essential amino acids often supplemented in poultry feed to meet the specific nutritional needs of broilers and layers. By ensuring that the diet contains adequate levels of these amino acids, producers can enhance growth rates and egg production. For example, L-lysine supplementation in broiler diets has been shown to improve weight gain and feed conversion ratios, leading to more efficient production and better economic returns.

Amino acids help in optimizing feed efficiency and reducing feed costs. By supplementing animal feeds with specific amino acids, feed manufacturers can formulate more balanced and nutrient-dense diets. This approach reduces the need for protein-rich ingredients such as soybean meal, which are often more expensive. Companies such as ADM (US) are innovating by offering amino acids in liquid and encapsulated forms. These formats improve nutritional absorption, reduce dust in feed mills, and enhance feed efficiency. Liquid lysine allows for accurate dosing and minimizes waste, contributing to a cleaner production environment.

“US is estimated to dominate the feed additives market in the North American region during the forecasted period”

Feed additives in North America are currently being dominated by the United States. With estimates indicating a rise in poultry meat, poultry products, and swine meat, investment towards the expansion of production capacities is expected to rise in the United States. Another reason for increased expenditure on livestock nutrition is the growing acceptance of precision feeding practices in order to satisfy high-quality feed demand. This has been a major factor in the increased use of effective feed additives in the region.

In June 2024, Kemin Industries Inc. (US) introduced FORMYL, a feed acidifier for swine in the US market. According to Kemin, FORMYL combines calcium formate and citric acid into a single product that will beneficially affect gut health, lead to the defeat of pathogens, and enhance digestion.

The strategic licensing deal Alltech (US) has formed with EnviroEquine (US) in September 2024, would be used in introducing the latter’s equine nutritional supplements using Alltech’s advanced technologies. The products would be strengthened with science-based solutions for greater efficacy while brand presence in North America and Europe is consolidated. It is according to the two companies’ mutual commitment to sustainability and quality in animal nutrition. The initiatives by Kemin Industries and the partnership between Alltech and EnviroEquine clearly demonstrate the growing demand for feed additives in the North American market.

飼料添加物市場 - 2029年までの世界予測 region
feed-additives-market-region

The break-up of the profile of primary participants in the feed additives market:

  • By Company Type: Tier 1 – 25%, Tier 2 – 45%, and Tier 3 – 30%
  • By Designation: Directors – 20%, Managers – 50%, Others – 30%
  • By Region: North America – 25%, Europe – 30%, Asia Pacific – 20%, South America – 15% and Rest of the World – 10%

Prominent companies include Cargill, Incorporated (US), ADM (US), International Flavors & Fragrances Inc. (US), Evonik Industries AG (Germany), BASF SE (Germany), dsm-firmenich (Switzerland), Ajinomoto Co., Inc. (Japan), Novonesis Group (Denmark), Adisseo (France), Solvay (Belgium), Nutreco (Netherlands), Kemin Industries, Inc. (US), Lallemand Inc. (Canada), BRF Global (Brazil), Bentoli (US), VITALAC (France), Alltech (US), Neospark Drugs and Chemicals Private Limited (India), Tex Biosciences (P) Ltd. (India), Volac International Ltd. (England), Global Nutrition International (France), Centafarm SRL (Italy), NUQO Feed additives (France), Palital Feed Additives B.V. (Netherlands), Novus International, Inc. (US) among others.

飼料添加物市場 - 2029年までの世界予測 ecosystem
feed-additives-market-ecosystem

Research Coverage:

This research report categorizes the feed additives market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & sweeteners, Antibiotics, Minerals, Antioxidants, Nonprotein Nitrogen, Phytogenics, Preservatives, and Probiotics), Source (Natural and Synthetic), Form (Dry and Liquid), Livestock (Ruminants, Swine, Poultry, Aquatic Animals, Other Livestock), Functions (Gut Health, Palatability Enhancers, Growth Boosters, Immune System Support, Other Functions), and Region (North America, Europe, Asia Pacific, South America, and Rest of the World).

The report covers information about the key factors, such as drivers, restraints, opportunities, and challenges impacting the growth of the feed additives market. It also provides a detailed analysis of the major players in the market, including their business overview, products offered; key strategies; partnerships, new product launches, expansions, and acquisitions. Competitive benchmarking of upcoming startups in the feed additives market is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall feed additives market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Increase in demand and consumption of livestock-based products), restraints (Ban on antibiotics in different nations), opportunities (Developing countries emerge as strong consumers of feed additives), and challenges (High Sustainability of feed and livestock chain) influencing the growth of the feed additives market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the feed additives market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the feed additives market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the feed additives market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Cargill, Incorporated (US), ADM (US), International Flavors & Fragrances Inc. (US), Evonik Industries AG (Germany), BASF SE (Germany), dsm-firmenich (Switzerland), Ajinomoto Co., Inc. (Japan), Novonesis Group (Denmark), Adisseo (France), Solvay (Belgium), Nutreco (Netherlands), Kemin Industries, Inc. (US), Lallemand Inc. (Canada), BRF Global (Brazil), Bentoli (US), VITALAC (France), and Alltech (US), among others in the feed additives market strategies. The report also helps stakeholders understand the feed additives market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1               INTRODUCTION              33

1.1           STUDY OBJECTIVES       33

1.2           MARKET DEFINITION   33

1.3           STUDY SCOPE   34

1.3.1        MARKET SEGMENTATION           34

1.3.2        INCLUSIONS AND EXCLUSIONS 35

1.3.3        REGIONS COVERED        38

1.3.4        YEARS CONSIDERED      38

1.4           UNITS CONSIDERED      39

1.4.1        CURRENCY CONSIDERED            39

1.4.2        VOLUME UNIT CONSIDERED     39

1.5           STAKEHOLDERS               40

1.6           SUMMARY OF CHANGES               40

2               RESEARCH METHODOLOGY       42

2.1           RESEARCH DATA              42

2.1.1        SECONDARY DATA          43

2.1.1.1    Key data from secondary sources       43

2.1.2        PRIMARY DATA 43

2.1.2.1    Key data from primary sources           44

2.1.2.2    Breakdown of primary profiles           44

2.1.2.3    Key insights from industry experts    45

2.2           MARKET SIZE ESTIMATION         46

2.2.1        APPROACH ONE: BOTTOM-UP (BASED ON TYPES AND SUBTYPES, BY REGION)                 47

2.2.2        APPROACH TWO: TOP-DOWN (BASED ON GLOBAL MARKET)             48

2.2.3        SUPPLY-SIDE ANALYSIS                 49

2.3           DATA TRIANGULATION                50

2.4           RESEARCH ASSUMPTIONS           51

2.5           RESEARCH LIMITATIONS AND ASSOCIATED RISKS                 52

3               EXECUTIVE SUMMARY  53

4               PREMIUM INSIGHTS       59

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FEED ADDITIVES MARKET       59

4.2           ASIA PACIFIC: FEED ADDITIVES MARKET, BY TYPE AND COUNTRY            59

4.3           FEED ADDITIVES MARKET, BY TYPE       60

4.4           FEED ADDITIVES MARKET, BY FORM      61

4.5           FEED ADDITIVES MARKET, BY SOURCE 61

4.6           FEED ADDITIVES MARKET, BY LIVESTOCK AND REGION                 62

4.7           FEED ADDITIVES MARKET, BY KEY COUNTRY    63

5               MARKET OVERVIEW       64

5.1           INTRODUCTION              64

5.2           MACROECONOMIC OUTLOOK  64

5.2.1        RISE IN DEMAND FOR COMPOUND FEED             64

5.2.2        GROWTH OPPORTUNITIES IN DEVELOPING REGIONS                 65

5.3           MARKET DYNAMICS       66

5.3.1        DRIVERS               66

5.3.1.1    Increase in demand and consumption of livestock-based products                 66

5.3.1.2    Growth in feed production 68

5.3.1.3    Rise in awareness about feed quality 69

5.3.1.4    Rise in global demand for naturally produced feed and feed additives 70

5.3.1.5    Standardization of meat products owing to disease outbreaks                 70

5.3.1.6    Implementation of innovative animal husbandry practices to improve meat quality           71

5.3.2        RESTRAINTS      72

5.3.2.1    Ban on antibiotics in different nations              72

5.3.2.2    Volatile raw material prices 73

5.3.2.3    Stringent regulatory framework         73

5.3.3        OPPORTUNITIES              74

5.3.3.1    Shift toward natural growth promoters             74

5.3.3.2    Increase in demand for nutritional supplements for monogastric animals   75

5.3.4        CHALLENGES    75

5.3.4.1    Quality control of genetic feed additive products manufactured by Asian companies              75

5.3.4.2    Sustainability of feed and livestock chain         76

5.4           IMPACT OF GEN AI ON ANIMAL NUTRITION      77

5.4.1        INTRODUCTION              77

5.4.2        USE OF GEN AI IN ANIMAL NUTRITION 77

5.4.3        CASE STUDY ANALYSIS 78

5.4.3.1    Revolutionizing dairy nutrition through AI innovations                 78

5.4.3.2    Enhancing livestock feed formulation through decision support tools        78

5.4.4        IMPACT ON FEED ADDITIVES MARKET 79

5.4.5        ADJACENT ECOSYSTEM WORKING ON GEN AI   79

6               INDUSTRY TRENDS         80

6.1           INTRODUCTION              80

6.2           SUPPLY CHAIN ANALYSIS             80

6.3           VALUE CHAIN ANALYSIS               81

6.3.1        RESEARCH AND PRODUCT DEVELOPMENT        81

6.3.2        RAW MATERIAL SOURCING         81

6.3.3        PRODUCTION   82

6.3.4        QUALITY CONTROL & SAFETY  82

6.3.5        DISTRIBUTION & LOGISTICS      82

6.3.6        MARKETING & SALES     82

6.3.7        END USERS         83

6.4           TRADE ANALYSIS             83

6.4.1        EXPORT SCENARIO OF ANIMAL FEEDING RELATED TO FEED ADDITIVES             83

6.4.2        IMPORT SCENARIO OF ANIMAL FEEDING RELATED TO FEED ADDITIVES             84

6.5           TECHNOLOGY ANALYSIS             86

6.5.1        KEY TECHNOLOGIES     86

6.5.1.1    Agglomeration (pelletizing)                86

6.5.1.2    Dosing systems     87

6.5.2        COMPLEMENTARY TECHNOLOGY           87

6.5.2.1    Animal health monitoring systems    87

6.5.3        ADJACENT TECHNOLOGIES       88

6.5.3.1    Precision nutrition                88

6.6           PRICING ANALYSIS          88

6.6.1        INTRODUCTION              88

6.6.2        INDICATIVE PRICE TREND AMONG KEY PLAYERS                 89

6.6.3        AVERAGE SELLING PRICE TREND, BY LIVESTOCK, 2020–2024        90

6.6.4        AVERAGE SELLING PRICE TREND, BY REGION, 2020–2024                 91

6.7           ECOSYSTEM ANALYSIS/MARKET MAP    92

6.7.1        DEMAND SIDE  92

6.7.2        SUPPLY SIDE     92

6.8           TRENDS/DISRUPTIONS IMPACTING BUYERS      94

6.9           PATENT ANALYSIS          95

6.9.1        LIST OF MAJOR PATENTS             96

6.10         KEY CONFERENCES AND EVENTS, 2024–2025        99

6.11         TARIFF AND REGULATORY LANDSCAPE               100

6.11.1      TARIFF RELATED TO FEED ADDITIVES 100

6.11.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             100

6.11.3      REGULATIONS  105

6.11.3.1  Feed additives regulatory approval from European Union                 105

6.11.3.2  Time duration for feed additives in register     106

6.11.3.3  Registration of feed additives             106

6.11.3.4  Packaging of feed additives 106

6.11.3.5  Labeling of feed additives   107

6.11.3.6  Manufacture and sale of feed additives             107

6.11.3.7  Import of feed additives      108

6.11.3.8  Revaluation of feed additives              108

6.11.4      REGULATORY FRAMEWORK, BY COUNTRY          108

6.11.4.1  US           108

6.11.4.1.1                Labeling 109

6.11.4.1.2                Association of American Feed Control Officials (AAFCO)               109

6.11.4.2  Canada   109

6.11.4.2.1                Legal authorities   109

6.11.4.3  China      110

6.11.4.4  European Union   110

6.11.4.5  Japan      111

6.11.4.6  South Africa           111

6.12         PORTER’S FIVE FORCES ANALYSIS           111

6.12.1      INTENSITY OF COMPETITIVE RIVALRY 112

6.12.2      BARGAINING POWER OF SUPPLIERS       113

6.12.3      BARGAINING POWER OF BUYERS             113

6.12.4      THREAT OF SUBSTITUTES          113

6.12.5      THREAT OF NEW ENTRANTS      113

6.13         KEY STAKEHOLDERS & BUYING CRITERIA            114

6.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           114

6.13.2      BUYING CRITERIA           114

6.14         CASE STUDIES  115

6.14.1      DSM EXPANSION IN INDIA TO OFFER NUTRIENT-RICH FEED ADDITIVES             115

6.14.2      RISING ANIMAL HEALTH RELATED PROBLEMS DRIVES THE DEMAND FOR FEED ADDITIVES     116

6.14.3      PICHIA GUILLIERMONDII IN AQUACULTURE FEED BY ADM      116

6.15         INVESTMENT & FUNDING SCENARIO     117

7               FEED ADDITIVES MARKET, BY TYPE       118

7.1           INTRODUCTION              119

7.2           AMINO ACIDS   123

7.2.1        METHIONINE    123

7.2.1.1    Ability to tailor amino acid supplements for livestock to drive market    123

7.2.2        LYSINE 123

7.2.2.1    Relatively high value and digestibility of lysine to boost market                 123

7.2.3        THREONINE       124

7.2.3.1    Role in providing optimal protein synthesis to boost market                 124

7.2.4        TRYPTOPHAN   124

7.2.4.1    Ability to improve protein utilization and stress reduction in livestock to drive market     124

7.2.5        OTHER AMINO ACIDS    124

7.3           PHOSPHATES    126

7.3.1        DICALCIUM PHOSPHATE             127

7.3.1.1    Role in regulating energy metabolism and maintaining adequate dietary levels for livestock to drive market        127

7.3.2        MONOCALCIUM PHOSPHATE    127

7.3.2.1    Ability to prevent abnormal development of bones in livestock to propel market        127

7.3.3        MON0-DICALCIUM PHOSPHATE               127

7.3.3.1    Enhancement of functioning of immune system to drive market                 127

7.3.4        DEFLUORINATED PHOSPHATE 127

7.3.4.1    Role in reducing fluorine content in animal feed to boost market                 127

7.3.5        TRICALCIUM PHOSPHATE           128

7.3.5.1    Role in enhancement of immune system and energy regulation of livestock to drive market     128

7.3.6        OTHER PHOSPHATES    128

7.4           VITAMINS            130

7.4.1        FAT-SOLUBLE VITAMINS              130

7.4.1.1    Role of vitamins as a key constituent of metabolic functions to drive market          130

7.4.2        WATER-SOLUBLE VITAMINS      131

7.4.2.1    Significance of water-soluble vitamins for optimum growth and development of livestock to drive market         131

7.5           ACIDIFIERS         133

7.5.1        PROPIONIC ACID             133

7.5.1.1    Role in silage production and prevention of fertility disorders in livestock to drive market     133

7.5.2        FORMIC ACID    133

7.5.2.1    Role in consistent feed formulations and feed preservation to drive market          133

7.5.3        CITRIC ACID      134

7.5.3.1    Importance of citric acid in enhancing immunity of vaccinated broilers to boost market       134

7.5.4        LACTIC ACID     134

7.5.4.1    Significance of lactic acid in improving animal health and productivity to drive market                134

7.5.5        SORBIC ACID     134

7.5.5.1    Importance of sorbic acid in feed preservation to drive market                 134

7.5.6        MALIC ACID       134

7.5.6.1    Role as cost-efficient preservative and acidity regulator to drive market    134

7.5.7        BENZOIC ACID 134

7.5.7.1    Strong antimicrobial properties and low pungency to drive market    134

7.5.8        OTHER ACIDIFIERS         135

7.6           CAROTENOIDS 137

7.6.1        ASTAXANTHIN  137

7.6.1.1    Health benefits of astaxanthin to fuel market growth     137

7.6.2        CANTHAXANTHIN           138

7.6.2.1    Role of canthaxanthin in providing consistent egg color to boost market    138

7.6.3        LUTEIN 138

7.6.3.1    Health benefits of lutein and improvement of feed palatability to drive market          138

7.6.4        BETA CAROTENE             138

7.6.4.1    Improvement of reproductive performance of ruminants and protection against oxidative stress to accelerate market growth   138

7.6.5        OTHER CAROTENOIDS 138

7.7           ENZYMES             140

7.7.1        PHYTASE             141

7.7.1.1    Low cost and nutritional benefits to boost growth          141

7.7.2        CARBOHYDRASE              141

7.7.2.1    Significance in the improvement of digestibility of carbohydrates in feed ingredients to drive market    141

7.7.3        PROTEASE          141

7.7.3.1    Role in reduction of dietary protein levels of livestock to drive market    141

7.7.4        OTHER ENZYMES             141

7.8           MYCOTOXIN DETOXIFIERS         144

7.8.1        BINDERS              144

7.8.1.1    Increase in awareness regarding benefits of binders to drive market    144

7.8.2        MODIFIERS         145

7.8.2.1    Enhancement of feed by conversion of mycotoxin into lesser toxic compounds to drive market                 145

7.9           FLAVORS & SWEETENERS            147

7.9.1        FEED FLAVORS 147

7.9.1.1    Rise in focus on improving livestock performance to drive market                 147

7.9.2        FEED SWEETENERS        147

7.9.2.1    Role of sweeteners to mask undesired taste of feed to drive market                 147

7.10         ANTIBIOTICS    149

7.10.1      TETRACYCLINE                 150

7.10.1.1  Role in improvement of egg production and feed efficiency to drive market          150

7.10.2      PENICILLIN        150

7.10.2.1  Significance of penicillin as antibiotic to drive market   150

7.10.3      OTHER ANTIBIOTICS    150

7.11         MINERALS           152

7.11.1      POTASSIUM       152

7.11.1.1  Regulation of metabolism of proteins and carbohydrates to boost market    152

7.11.2      CALCIUM             152

7.11.2.1  Role of calcium in strengthening of bones and improvement of eggshell quality to drive market          152

7.11.3      PHOSPHORUS   153

7.11.3.1  Vital role of phosphorus in egg production and prevention of skeletal deformities to drive market  153

7.11.4      MAGNESIUM      153

7.11.4.1  Necessity of magnesium for bone growth and stability to drive market    153

7.11.5      SODIUM               153

7.11.5.1  Role of sodium in regulation of acid-base equilibrium and maintenance of osmotic pressure to drive market           153

7.11.6      IRON     153

7.11.6.1  Significance of iron in formation of hemoglobin and myoglobin to drive market      153

7.11.7      ZINC      153

7.11.7.1  Role of zinc in development of immune system and reproductive capacity to drive market      153

7.11.8      COPPER                154

7.11.8.1  Health benefits of copper and vital role in cellular respiration to boost market          154

7.11.9      MANGANESE     154

7.11.9.1  Role in efficient functioning of mitochondria in cells and prevention of oxidative stress to drive market 154

7.11.10   OTHER MINERALS           154

7.12         ANTIOXIDANTS                156

7.12.1      SYNTHETIC ANTIOXIDANTS      157

7.12.1.1  Role in protection of fat-soluble vitamins against oxidative degradation to drive market                157

7.12.2      NATURAL ANTIOXIDANTS          157

7.12.2.1  Fewer side effects than synthetic antioxidants to drive market                 157

7.13         NONPROTEIN NITROGEN            159

7.13.1      UREA     159

7.13.1.1  Low cost and easy availability to drive market 159

7.13.2      AMMONIA           159

7.13.2.1  Role of ammonia in improving digestibility and increasing feed intake to drive market          159

7.13.3      OTHER NONPROTEIN NITROGEN            160

7.14         PHYTOGENICS 162

7.14.1      ESSENTIAL OILS               162

7.14.1.1  Role in improvement of gut health and healthy digestion in poultry to boost market       162

7.14.2      FLAVONOIDS    162

7.14.2.1  Improvement of gut health and heart stress control in livestock to boost market          162

7.14.3      SAPONINS           163

7.14.3.1  Role of saponins in suppressing intestinal and ruminal ammonia production to drive market 163

7.14.4      OLEORESINS      163

7.14.4.1  Role of oleoresins in imparting color, flavor, and aroma to livestock feed to drive market             163

7.14.5      OTHER PHYTOGENICS 163

7.15         PRESERVATIVES               165

7.15.1      MOLD INHIBITORS         166

7.15.1.1  Role of mold inhibitors in preventing mold growth and contamination to drive market           166

7.15.2      ANTICAKING AGENTS   166

7.15.2.1  Significance of anticaking agents in preventing accumulation of feed nutrients to drive market            166

7.16         PROBIOTICS      168

7.16.1      LACTOBACILLI 169

7.16.1.1  Potential to replace antibiotic growth promoters to drive market                 169

7.16.2      BIFIDOBACTERIA            169

7.16.2.1  Benefits to adult livestock, such as controlling pH level of large intestine to accelerate market growth                169

7.16.3      STREPTOCOCCUS THERMOPHILUS        169

7.16.3.1  Usage in manufacture of various feed probiotic products to drive market    169

7.16.4      YEAST & FUNGI 169

7.16.4.1  Role in increased production of milk in dairy cattle to drive market    169

8               FEED ADDITIVES MARKET, BY LIVESTOCK          172

8.1           INTRODUCTION              173

8.2           POULTRY             175

8.2.1        RISE IN DEMAND FOR HIGH-QUALITY CHICKEN AND EGGS TO DRIVE MARKET             175

8.2.2        BROILERS            175

8.2.3        LAYERS 176

8.2.4        BREEDERS           176

8.3           RUMINANTS       177

8.3.1        INCREASE IN CONSUMPTION OF DAIRY PRODUCTS AND BEEF TO DRIVE DEMAND 177

8.3.2        CALF      178

8.3.3        DAIRY   178

8.3.4        BEEF      178

8.3.5        OTHER RUMINANTS       178

8.4           SWINE  180

8.4.1        RISE IN PORK TRADE AND CONCERNS OVER MEAT SAFETY TO BOOST MARKET       180

8.4.2        STARTERS           180

8.4.3        GROWERS            180

8.4.4        SOWS    180

8.5           AQUATIC ANIMALS         182

8.5.1        INCREASE IN AQUAFEED PRODUCTION TO DRIVE MARKET               182

8.5.2        FISH       182

8.5.3        CRUSTACEANS 182

8.5.4        MOLLUSKS          183

8.5.5        OTHER AQUATIC ANIMALS         183

8.6           OTHER LIVESTOCK         185

9               FEED ADDITIVES MARKET, BY SOURCE 187

9.1           INTRODUCTION              188

9.2           SYNTHETIC        189

9.2.1        COST-EFFECTIVENESS AND HIGH STABILITY PROPERTIES TO PROPEL GROWTH         189

9.3           NATURAL            190

9.3.1        ANTIBIOTIC CONCERNS TO DRIVE MARKET       190

10            FEED ADDITIVES MARKET, BY FORM      192

10.1         INTRODUCTION              193

10.2         DRY        194

10.2.1      CONVENIENCE IN STORAGE, HANDLING, AND TRANSPORTATION TO DRIVE MARKET 194

10.3         LIQUID 195

10.3.1      UNIFORM MIXING AND PRECISE DOSING OF LIQUID FEED ADDITIVES TO PROPEL MARKET 195

11            FEED ADDITIVES MARKET, BY FUNCTION           197

11.1         INTRODUCTION              197

11.2         GUT HEALTH    197

11.2.1      INCREASED DEMAND FOR HEALTHY GUT MICROBIOTA TO IMPROVE DIGESTION AND PREVENT GASTROINTESTINAL DISEASES             197

11.3         PALATABILITY ENHANCERS       197

11.3.1      IMPROVED TASTE, SMELL, AND OVERALL APPEAL OF ANIMAL FEED TO DRIVE DEMAND          197

11.4         GROWTH BOOSTERS     198

11.4.1      RISING DEMAND FOR MEAT TO DRIVE DEMAND FOR GROWTH BOOSTERS     198

11.5         IMMUNE SYSTEM SUPPORT        198

11.5.1      INCREASED DISEASE INCIDENCES TO DRIVE DEMAND                 198

11.6         OTHER FUNCTIONS       198

12            FEED ADDITIVES MARKET, BY REGION 199

12.1         INTRODUCTION              200

12.2         NORTH AMERICA             203

12.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 203

12.2.2      US           209

12.2.2.1  Increasing trend of precision feeding techniques to boost demand for effective feed additives  209

12.2.3      CANADA               210

12.2.3.1  Rise in demand for meat and lenient regulations pertaining to use of growth promoters to boost market                210

12.2.4      MEXICO                212

12.2.4.1  Significant rise in livestock production to drive feed additive consumption in Mexico       212

12.3         EUROPE               213

12.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      213

12.3.2      SPAIN    218

12.3.2.1  Increased preference for meat and dairy products to boost market                 218

12.3.3      RUSSIA 219

12.3.3.1  Increasing feed production rate to drive market              219

12.3.4      GERMANY           220

12.3.4.1  Technological advancements in livestock management to drive market    220

12.3.5      FRANCE                222

12.3.5.1  High domestic demand for meat products to drive market                 222

12.3.6      ITALY    223

12.3.6.1  Focus on improving animal health and nutrition to drive market                 223

12.3.7      UK          224

12.3.7.1  Rising demand for high-quality meat and dairy products to boost market    224

12.3.8      REST OF EUROPE             226

12.4         ASIA PACIFIC     227

12.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC & OCEANIA             227

12.4.2      CHINA  233

12.4.2.1  Large feed production to drive market              233

12.4.3      INDIA    234

12.4.3.1  Increased consumption of meat and dairy products to drive market    234

12.4.4      JAPAN   236

12.4.4.1  Increasing consumer demand for premium animal-based products to drive market     236

12.4.5      THAILAND          237

12.4.5.1  Export opportunities in poultry and aquaculture industry to drive market    237

12.4.6      INDONESIA        239

12.4.6.1  High demand for feed due to growing poultry sector to drive market    239

12.4.7      REST OF ASIA PACIFIC   240

12.5         SOUTH AMERICA             241

12.5.1      MACROECONOMIC OUTLOOK FOR LATIN AMERICA                 242

12.5.2      BRAZIL 246

12.5.2.1  Brazil’s thriving meat export industry to drive market   246

12.5.3      ARGENTINA       247

12.5.3.1  High consumption of meat and thriving livestock industry to drive market          247

12.5.4      REST OF SOUTH AMERICA           248

12.6         REST OF THE WORLD (ROW)      249

12.6.1      MACROECONOMIC OUTLOOK FOR ROW              250

12.6.2      MIDDLE EAST   254

12.6.2.1  Rising demand for animal-based products to drive market                 254

12.6.3      AFRICA 256

12.6.3.1  Increase in disease outbreaks to drive market 256

13            COMPETITIVE LANDSCAPE         258

13.1         OVERVIEW          258

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            259

13.3         REVENUE ANALYSIS, 2021–2023  260

13.4         MARKET SHARE ANALYSIS, 2023                 261

13.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 264

13.5.1      STARS   264

13.5.2      EMERGING LEADERS     264

13.5.3      PERVASIVE PLAYERS      264

13.5.4      PARTICIPANTS 265

13.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         266

13.5.5.1  Company footprint               266

13.5.5.2  Region footprint   267

13.5.5.3  Type footprint       268

13.5.5.4  Livestock footprint                269

13.5.5.5  Form footprint      270

13.5.5.6  Source footprint    271

13.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        272

13.6.1      PROGRESSIVE COMPANIES         272

13.6.2      RESPONSIVE COMPANIES            272

13.6.3      DYNAMIC COMPANIES  272

13.6.4      STARTING BLOCKS         272

13.6.5      COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023        274

13.6.5.1  Detailed list of key startups/SMEs    274

13.6.5.2  Competitive benchmarking of key startups/SMEs          274

13.7         COMPANY VALUATION AND FINANCIAL METRICS                 276

13.7.1      COMPANY VALUATION 276

13.7.2      EV/EBITDA         276

13.8         BRAND COMPARISON ANALYSIS               277

13.8.1      CARGILL, INCORPORATED (DELACON) 277

13.8.2      ADM (PANCOSMA)          277

13.8.3      NUTRECO (SELKO)         278

13.8.4      ADISSEO (RHODIMET)  278

13.8.5      DSM-FIRMENICH (MYCOFIX)      278

13.9         COMPETITIVE SCENARIO AND TRENDS                278

13.9.1      PRODUCT LAUNCHES   279

13.9.2      DEALS  280

13.9.3      EXPANSIONS     281

13.9.4      OTHERS                282

14            COMPANY PROFILES      283

14.1         KEY PLAYERS     283

14.1.1      CARGILL, INCORPORATED          283

14.1.1.1  Business overview 283

14.1.1.2  Products/Solutions/Services offered 284

14.1.1.3  Recent developments           286

14.1.1.3.1                Deals      286

14.1.1.3.2                Expansions             288

14.1.1.4  MnM view              288

14.1.1.4.1                Key strengths        288

14.1.1.4.2                Strategic choices   288

14.1.1.4.3                Weaknesses and competitive threats 288

14.1.2      ADM      289

14.1.2.1  Business overview 289

14.1.2.2  Products/Solutions/Services offered 290

14.1.2.3  Recent developments           294

14.1.2.3.1                Product launches  294

14.1.2.3.2                Deals      295

14.1.2.3.3                Expansions             295

14.1.2.4  MnM view              295

14.1.2.4.1                Key strengths        295

14.1.2.4.2                Strategic choices   296

14.1.2.4.3                Weaknesses and competitive threats 296

14.1.3      INTERNATIONAL FLAVORS & FRAGRANCES INC.                 297

14.1.3.1  Business overview 297

14.1.3.2  Products/Solutions/Services offered 298

14.1.3.3  Recent developments           300

14.1.3.3.1                Product launches  300

14.1.3.3.2                Expansions             301

14.1.3.4  MnM view              302

14.1.3.4.1                Key strengths        302

14.1.3.4.2                Strategic choices   302

14.1.3.4.3                Weaknesses and competitive threats 302

14.1.4      EVONIK INDUSTRIES AG               303

14.1.4.1  Business overview 303

14.1.4.2  Products/Solutions/Services offered 304

14.1.4.3  Recent developments           306

14.1.4.3.1                Product launches  306

14.1.4.3.2                Deals      306

14.1.4.3.3                Expansions             307

14.1.4.4  MnM view              308

14.1.4.4.1                Key strengths        308

14.1.4.4.2                Strategic choices   308

14.1.4.4.3                Weaknesses and competitive threats 308

14.1.5      BASF SE                 309

14.1.5.1  Business overview 309

14.1.5.2  Products/Solutions/Services offered 310

14.1.5.3  Recent developments           313

14.1.5.3.1                Product launches  313

14.1.5.3.2                Deals      313

14.1.5.4  MnM view              314

14.1.5.4.1                Right to win           314

14.1.5.4.2                Strategic choices   314

14.1.5.4.3                Weaknesses and competitive threats 314

14.1.6      DSM-FIRMENICH              315

14.1.6.1  Business overview 315

14.1.6.2  Products/Solutions/Services offered 316

14.1.6.3  Recent developments           319

14.1.6.3.1                Deals      319

14.1.6.3.2                Expansions             321

14.1.6.4  MnM view              321

14.1.7      ALLTECH             322

14.1.7.1  Business overview 322

14.1.7.2  Products/Solutions/Services offered 323

14.1.7.3  Recent developments           324

14.1.7.3.1                Product launches  324

14.1.7.3.2                Deals      325

14.1.7.4  MnM view              325

14.1.8      AJINOMOTO CO., INC.   326

14.1.8.1  Business overview 326

14.1.8.2  Products/Solutions/Services offered 328

14.1.8.3  Recent developments           328

14.1.8.3.1                Deals      328

14.1.8.4  MnM view              328

14.1.9      NOVONESIS GROUP        329

14.1.9.1  Business overview 329

14.1.9.2  Products/Solutions/Services offered 330

14.1.9.3  Recent developments           334

14.1.9.3.1                Deals      334

14.1.9.4  MnM view              334

14.1.10   ADISSEO              335

14.1.10.1                 Business overview 335

14.1.10.2                 Products/Solutions/Services offered 336

14.1.10.3                 Recent developments           338

14.1.10.3.1             Deals      338

14.1.10.3.2             Expansions             339

14.1.10.4                 MnM view              339

14.1.11   JUBILANT INGREVIA LIMITED   340

14.1.11.1                 Business overview 340

14.1.11.2                 Products/Solutions/Services offered 342

14.1.11.3                 Recent developments           342

14.1.11.4                 MnM view              342

14.1.12   NUTRECO            343

14.1.12.1                 Business overview 343

14.1.12.2                 Products/Solutions/Services offered 343

14.1.12.3                 Recent developments           345

14.1.12.3.1             Deals      345

14.1.12.3.2             Expansions             347

14.1.12.4                 MnM view              347

14.1.13   BRF GLOBAL      348

14.1.13.1                 Business overview 348

14.1.13.2                 Products/Solutions/Services offered 349

14.1.13.3                 Recent developments           350

14.1.13.3.1             Deals      350

14.1.13.4                 MnM view              350

14.1.14   VOLAC INTERNATIONAL LTD.  351

14.1.14.1                 Business overview 351

14.1.14.2                 Products/Solutions/Services offered 351

14.1.14.3                 Recent developments           353

14.1.14.3.1             Expansions             353

14.1.14.3.2             Others    353

14.1.14.4                 MnM view              353

14.1.15   KEMIN INDUSTRIES, INC.              354

14.1.15.1                 Business overview 354

14.1.15.2                 Products/Solutions/Services offered 355

14.1.15.3                 Recent developments           357

14.1.15.3.1             Product launches  357

14.1.15.3.2             Deals      358

14.1.15.3.3             Expansions             358

14.1.15.4                 MnM view              358

14.1.16   LALLEMAND INC.             359

14.1.16.1                 Business overview 359

14.1.16.2                 Products/Solutions/Services offered 359

14.1.16.3                 Recent developments           361

14.1.16.3.1             Deals      361

14.1.16.4                 MnM view              361

14.1.17   BENTOLI              362

14.1.17.1                 Business overview 362

14.1.17.2                 Products/Solutions/Services offered 362

14.1.17.3                 Recent developments           364

14.1.17.3.1             Deals      364

14.1.17.4                 MnM view              364

14.1.18   NEOSPARK DRUGS AND CHEMICALS PRIVATE LIMITED                 365

14.1.18.1                 Business overview 365

14.1.18.2                 Products/Solutions/Services offered 365

14.1.18.3                 Recent developments           366

14.1.18.4                 MnM view              366

14.1.19   NOVUS INTERNATIONAL, INC.  367

14.1.19.1                 Business overview 367

14.1.19.2                 Products/Solutions/Services offered 367

14.1.19.3                 Recent developments           369

14.1.19.3.1             Deals      369

14.1.19.4                 MnM view              370

14.1.20   GLOBAL NUTRITION INTERNATIONAL 371

14.1.20.1                 Business overview 371

14.1.20.2                 Products/Solutions/Services offered 371

14.1.20.3                 Recent developments           373

14.1.20.4                 MnM view              373

14.2         OTHER PLAYERS              374

14.2.1      VITALAC              374

14.2.2      TEX BIOSCIENCES (P) LTD.         375

14.2.3      CENTAFARM SRL              376

14.2.4      NUQO FEED ADDITIVES               378

14.2.5      PALITAL FEED ADDITIVES B.V. 379

14.2.6      PHYTOBIOTICS FUTTERZUSATZSTOFFE GMBH                 380

15            ADJACENT AND RELATED MARKETS      381

15.1         INTRODUCTION              381

15.2         LIMITATIONS    381

15.3         AQUAFEED MARKET      381

15.3.1      MARKET DEFINITION   381

15.3.2      MARKET OVERVIEW       382

15.4         FEED PHOSPHATES MARKET      383

15.4.1      MARKET DEFINITION   383

15.4.2      MARKET OVERVIEW       383

15.5         COMPOUND FEED MARKET        384

15.5.1      MARKET DEFINITION   384

15.5.2      MARKET OVERVIEW       384

16            APPENDIX           385

16.1         DISCUSSION GUIDE        385

16.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                394

16.3         CUSTOMIZATION OPTIONS        396

16.4         RELATED REPORTS         396

16.5         AUTHOR DETAILS           397

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2020–2023            39

TABLE 2                FEED ADDITIVES: MARKET SHARE SNAPSHOT, 2024 VS. 2029       54

TABLE 3                TOP 10 EXPORTERS OF HS CODE 230990, 2019–2023 (USD)          84

TABLE 4                TOP 10 EXPORTERS OF HS CODE 230990, 2019–2023 (TONS)       84

TABLE 5                TOP 10 IMPORTERS OF HS CODE 230990, 2019–2023 (USD)          85

TABLE 6                TOP 10 IMPORTERS OF HS CODE 230990, 2019–2023 (TONS)       86

TABLE 7                INDICATIVE PRICE TREND AMONG KEY PLAYERS

FOR FEED ADDITIVE TYPE (USD/TON) 89

TABLE 8                FEED ADDITIVES: AVERAGE SELLING PRICE (ASP),

BY LIVESTOCK, 2020–2024 (USD/TON)    90

TABLE 9                FEED ADDITIVES: AVERAGE SELLING PRICE TREND (ASP),

BY REGION, 2020–2024 (USD/TON)           91

TABLE 10              FEED ADDITIVES MARKET ECOSYSTEM                 93

TABLE 11              LIST OF MAJOR PATENTS PERTAINING TO FEED ADDITIVES MARKET, 2020–2024 96

TABLE 12              FEED ADDITIVES MARKET: KEY DETAILED LIST OF CONFERENCES

AND EVENTS, 2024–2025                 99

TABLE 13              TARIFF FOR HS CODE: 230990     100

TABLE 14              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  101

TABLE 15              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  102

TABLE 16              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  103

TABLE 17              SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 105

TABLE 18              DEADLINES FOR SUBMISSION OF APPLICATION FOR REEVALUATION     108

TABLE 19              FEED ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS           111

TABLE 20              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

FEED ADDITIVE SOURCES           114

TABLE 21              KEY BUYING CRITERIA FOR FEED ADDITIVE SOURCES             115

TABLE 22              FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION) 121

TABLE 23              FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION) 121

TABLE 24              FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (KT)       122

TABLE 25              FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (KT)       122

TABLE 26              AMINO ACIDS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                124

TABLE 27              AMINO ACIDS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                125

TABLE 28              AMINO ACIDS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          125

TABLE 29              AMINO ACIDS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          125

TABLE 30              AMINO ACIDS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 126

TABLE 31              AMINO ACIDS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 126

TABLE 32              PHOSPHATES: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                128

TABLE 33              PHOSPHATES: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                128

TABLE 34              PHOSPHATES: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          129

TABLE 35              PHOSPHATES: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          129

TABLE 36              PHOSPHATES: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 129

TABLE 37              PHOSPHATES: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 130

TABLE 38              VITAMINS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)            131

TABLE 39              VITAMINS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)            131

TABLE 40              VITAMINS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          131

TABLE 41              VITAMINS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          132

TABLE 42              VITAMINS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 132

TABLE 43              VITAMINS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 132

TABLE 44              ACIDIFIERS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                135

TABLE 45              ACIDIFIERS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                135

TABLE 46              ACIDIFIERS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          136

TABLE 47              ACIDIFIERS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          136

TABLE 48              ACIDIFIERS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 136

TABLE 49              ACIDIFIERS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 137

TABLE 50              CAROTENOIDS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                138

TABLE 51              CAROTENOIDS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                139

TABLE 52              CAROTENOIDS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          139

TABLE 53              CAROTENOIDS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          139

TABLE 54              CAROTENOIDS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 140

TABLE 55              CAROTENOIDS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 140

TABLE 56              ENZYMES: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)            142

TABLE 57              ENZYMES: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)            142

TABLE 58              ENZYMES: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          142

TABLE 59              ENZYMES: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          143

TABLE 60              ENZYMES: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 143

TABLE 61              ENZYMES: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 143

TABLE 62              MYCOTOXIN DETOXIFIERS: FEED ADDITIVES MARKET,

BY TYPE, 2020–2023 (USD MILLION)         145

TABLE 63              MYCOTOXIN DETOXIFIERS: FEED ADDITIVES MARKET,

BY TYPE, 2024–2029 (USD MILLION)         145

TABLE 64              MYCOTOXIN DETOXIFIERS: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (USD MILLION)   145

TABLE 65              MYCOTOXIN DETOXIFIERS: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (USD MILLION)   146

TABLE 66              MYCOTOXIN DETOXIFIERS: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (KT)          146

TABLE 67              MYCOTOXIN DETOXIFIERS: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (KT)          146

TABLE 68              FLAVORS & SWEETENERS: FEED ADDITIVES MARKET,

BY TYPE, 2020–2023 (USD MILLION)         147

TABLE 69              FLAVORS & SWEETENERS: FEED ADDITIVES MARKET,

BY TYPE, 2024–2029 (USD MILLION)         148

TABLE 70              FLAVORS & SWEETENERS: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (USD MILLION)   148

TABLE 71              FLAVORS & SWEETENERS: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (USD MILLION)   148

TABLE 72              FLAVORS & SWEETENERS: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (KT)          149

TABLE 73              FLAVORS & SWEETENERS: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (KT)          149

TABLE 74              ANTIBIOTICS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                150

TABLE 75              ANTIBIOTICS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                150

TABLE 76              ANTIBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          151

TABLE 77              ANTIBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          151

TABLE 78              ANTIBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 151

TABLE 79              ANTIBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 152

TABLE 80              MINERALS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)            154

TABLE 81              MINERALS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)            155

TABLE 82              MINERALS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          155

TABLE 83              MINERALS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          155

TABLE 84              MINERALS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 156

TABLE 85              MINERALS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 156

TABLE 86              ANTIOXIDANTS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                157

TABLE 87              ANTIOXIDANTS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                158

TABLE 88              ANTIOXIDANTS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          158

TABLE 89              ANTIOXIDANTS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          158

TABLE 90              ANTIOXIDANTS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 158

TABLE 91              ANTIOXIDANTS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 159

TABLE 92              NON-PROTEIN NITROGEN: FEED ADDITIVES MARKET,

BY TYPE, 2020–2023 (USD MILLION)         160

TABLE 93              NON-PROTEIN NITROGEN: FEED ADDITIVES MARKET,

BY TYPE, 2024–2029 (USD MILLION)         160

TABLE 94              NON-PROTEIN NITROGEN: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (USD MILLION)   160

TABLE 95              NON-PROTEIN NITROGEN: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (USD MILLION)   161

TABLE 96              NON-PROTEIN NITROGEN: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)      161

TABLE 97              NON-PROTEIN NITROGEN: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)      161

TABLE 98              PHYTOGENICS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                163

TABLE 99              PHYTOGENICS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                164

TABLE 100            PHYTOGENICS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          164

TABLE 101            PHYTOGENICS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          164

TABLE 102            PHYTOGENICS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 165

TABLE 103            PHYTOGENICS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 165

TABLE 104            PRESERVATIVES: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                166

TABLE 105            PRESERVATIVES: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                166

TABLE 106            PRESERVATIVES: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (USD MILLION)   167

TABLE 107            PRESERVATIVES: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (USD MILLION)   167

TABLE 108            PRESERVATIVES: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 167

TABLE 109            PRESERVATIVES: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 168

TABLE 110            PROBIOTICS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                169

TABLE 111            PROBIOTICS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                170

TABLE 112            PROBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          170

TABLE 113            PROBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          170

TABLE 114            PROBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)                 171

TABLE 115            PROBIOTICS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)                 171

TABLE 116            FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)            174

TABLE 117            FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)            174

TABLE 118            FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (KT)   174

TABLE 119            FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (KT)   175

TABLE 120            POULTRY: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)            176

TABLE 121            POULTRY: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)            176

TABLE 122            POULTRY: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          177

TABLE 123            POULTRY: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          177

TABLE 124            RUMINANTS: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                178

TABLE 125            RUMINANTS: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                179

TABLE 126            RUMINANTS: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          179

TABLE 127            RUMINANTS: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          179

TABLE 128            SWINE: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)            181

TABLE 129            SWINE: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)            181

TABLE 130            SWINE: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)            181

TABLE 131            SWINE: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)            181

TABLE 132            AQUATIC ANIMALS: FEED ADDITIVES MARKET,

BY TYPE, 2020–2023 (USD MILLION)         184

TABLE 133            AQUATIC ANIMALS: FEED ADDITIVES MARKET,

BY TYPE, 2024–2029 (USD MILLION)         184

TABLE 134            AQUATIC ANIMALS: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (USD MILLION)   185

TABLE 135            AQUATIC ANIMALS: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (USD MILLION)   185

TABLE 136            OTHER LIVESTOCK: FEED ADDITIVES MARKET,

BY REGION, 2020–2023 (USD MILLION)   186

TABLE 137            OTHER LIVESTOCK: FEED ADDITIVES MARKET,

BY REGION, 2024–2029 (USD MILLION)   186

TABLE 138            FEED ADDITIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)       188

TABLE 139            FEED ADDITIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)       189

TABLE 140            SYNTHETIC FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          189

TABLE 141            SYNTHETIC FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          190

TABLE 142            NATURAL FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)          191

TABLE 143            NATURAL FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          191

TABLE 144            FEED ADDITIVES MARKET, BY FORM, 2020–2023 (USD MILLION) 193

TABLE 145            FEED ADDITIVES MARKET, BY FORM, 2024–2029 (USD MILLION) 194

TABLE 146            DRY FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)            195

TABLE 147            DRY FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)            195

TABLE 148            LIQUID FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)            196

TABLE 149            LIQUID FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)            196

TABLE 150            FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)       201

TABLE 151            FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)       202

TABLE 152            FEED ADDITIVES MARKET, BY REGION, 2020–2023 (KT)              202

TABLE 153            FEED ADDITIVES MARKET, BY REGION, 2024–2029 (KT)              202

TABLE 154            NORTH AMERICA: FEED PRODUCTION, BY LIVESTOCK,

2021–2023 (MILLION METRIC TONS)        203

TABLE 155            NORTH AMERICA: FEED ADDITIVES MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               204

TABLE 156            NORTH AMERICA: FEED ADDITIVES MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               205

TABLE 157            NORTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)         205

TABLE 158            NORTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)         206

TABLE 159            NORTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (KT)                206

TABLE 160            NORTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (KT)                207

TABLE 161            NORTH AMERICA: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2020–2023 (USD MILLION)            207

TABLE 162            NORTH AMERICA: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2024–2029 (USD MILLION)            208

TABLE 163            NORTH AMERICA: FEED ADDITIVES MARKET,

BY FORM, 2020–2023 (USD MILLION)       208

TABLE 164            NORTH AMERICA: FEED ADDITIVES MARKET,

BY FORM, 2024–2029 (USD MILLION)       208

TABLE 165            NORTH AMERICA: FEED ADDITIVES MARKET,

BY SOURCE, 2020–2023 (USD MILLION)  208

TABLE 166            NORTH AMERICA: FEED ADDITIVES MARKET,

BY SOURCE, 2024–2029 (USD MILLION)  209

TABLE 167            US: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)            210

TABLE 168            US: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)            210

TABLE 169            CANADA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  211

TABLE 170            CANADA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  211

TABLE 171            MEXICO: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  212

TABLE 172            MEXICO: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  212

TABLE 173            EUROPE: FEED PRODUCTION, BY LIVESTOCK,

2021–2023 (MILLION METRIC TONS)        213

TABLE 174            EUROPE: FEED ADDITIVES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     214

TABLE 175            EUROPE: FEED ADDITIVES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     214

TABLE 176            EUROPE: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)            215

TABLE 177            EUROPE: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)            215

TABLE 178            EUROPE: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (KT)   216

TABLE 179            EUROPE: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (KT)   216

TABLE 180            EUROPE: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  217

TABLE 181            EUROPE: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  217

TABLE 182            EUROPE: FEED ADDITIVES MARKET, BY FORM, 2020–2023 (USD MILLION)            217

TABLE 183            EUROPE: FEED ADDITIVES MARKET, BY FORM, 2024–2029 (USD MILLION)            217

TABLE 184            EUROPE: FEED ADDITIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)         218

TABLE 185            EUROPE: FEED ADDITIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)         218

TABLE 186            SPAIN: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  219

TABLE 187            SPAIN: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  219

TABLE 188            RUSSIA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  220

TABLE 189            RUSSIA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  220

TABLE 190            GERMANY: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  221

TABLE 191            GERMANY: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  221

TABLE 192            FRANCE: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  222

TABLE 193            FRANCE: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  222

TABLE 194            ITALY: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  223

TABLE 195            ITALY: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  224

TABLE 196            UK: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)            225

TABLE 197            UK: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)            225

TABLE 198            REST OF EUROPE: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2020–2023 (USD MILLION)            226

TABLE 199            REST OF EUROPE: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2024–2029 (USD MILLION)            226

TABLE 200            ASIA PACIFIC & OCEANIA: FEED PRODUCTION,

BY LIVESTOCK, 2021–2023 (MILLION METRIC TONS)       227

TABLE 201            ASIA PACIFIC: FEED ADDITIVES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     228

TABLE 202            ASIA PACIFIC: FEED ADDITIVES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     229

TABLE 203            ASIA PACIFIC: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)                229

TABLE 204            ASIA PACIFIC: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)                230

TABLE 205            ASIA PACIFIC: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (KT)      230

TABLE 206            ASIA PACIFIC: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (KT)      231

TABLE 207            ASIA PACIFIC: FEED ADDITIVES MARKET, BY LIVESTOCK,

2020–2023 (USD MILLION)            231

TABLE 208            ASIA PACIFIC: FEED ADDITIVES MARKET, BY LIVESTOCK,

2024–2029 (USD MILLION)            232

TABLE 209            ASIA PACIFIC: FEED ADDITIVES MARKET, BY FORM, 2020–2023 (USD MILLION)              232

TABLE 210            ASIA PACIFIC: FEED ADDITIVES MARKET, BY FORM, 2024–2029 (USD MILLION)              232

TABLE 211            ASIA PACIFIC: FEED ADDITIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)         232

TABLE 212            ASIA PACIFIC: FEED ADDITIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)         233

TABLE 213            CHINA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  234

TABLE 214            CHINA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  234

TABLE 215            INDIA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  235

TABLE 216            INDIA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  235

TABLE 217            JAPAN: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  237

TABLE 218            JAPAN: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  237

TABLE 219            THAILAND: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  238

TABLE 220            THAILAND: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  238

TABLE 221            INDONESIA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  239

TABLE 222            INDONESIA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  240

TABLE 223            REST OF ASIA PACIFIC: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2020–2023 (USD MILLION)            241

TABLE 224            REST OF ASIA PACIFIC: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2024–2029 (USD MILLION)            241

TABLE 225            LATIN AMERICA: FEED PRODUCTION, BY LIVESTOCK,

2021–2023 (MILLION METRIC TONS)        242

TABLE 226            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               242

TABLE 227            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               242

TABLE 228            SOUTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)         243

TABLE 229            SOUTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)         243

TABLE 230            SOUTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (KT)                244

TABLE 231            SOUTH AMERICA: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (KT)                244

TABLE 232            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2020–2023 (USD MILLION)            245

TABLE 233            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2024–2029 (USD MILLION)            245

TABLE 234            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY FORM, 2020–2023 (USD MILLION)       245

TABLE 235            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY FORM, 2024–2029 (USD MILLION)       245

TABLE 236            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY SOURCE, 2020–2023 (USD MILLION)  246

TABLE 237            SOUTH AMERICA: FEED ADDITIVES MARKET,

BY SOURCE, 2024–2029 (USD MILLION)  246

TABLE 238            BRAZIL: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  247

TABLE 239            BRAZIL: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  247

TABLE 240            ARGENTINA: FEED ADDITIVES MARKET, BY LIVESTOCK,

2020–2023 (USD MILLION)            248

TABLE 241            ARGENTINA: FEED ADDITIVES MARKET, BY LIVESTOCK,

2024–2029 (USD MILLION)            248

TABLE 242            REST OF SOUTH AMERICA: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2020–2023 (USD MILLION)            249

TABLE 243            REST OF SOUTH AMERICA: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2024–2029 (USD MILLION)            249

TABLE 244            ROW: FEED PRODUCTION, BY LIVESTOCK, 2021–2023 (MILLION METRIC TONS)        250

TABLE 245            ROW: FEED ADDITIVES MARKET, BY REGION, 2020–2023 (USD MILLION)            250

TABLE 246            ROW: FEED ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)            250

TABLE 247            ROW: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)       251

TABLE 248            ROW: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)       251

TABLE 249            ROW: FEED ADDITIVES MARKET, BY TYPE, 2020–2023 (KT)              252

TABLE 250            ROW: FEED ADDITIVES MARKET, BY TYPE, 2024–2029 (KT)              252

TABLE 251          ROW: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)            253

TABLE 252          ROW: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)            253

TABLE 253            ROW: FEED ADDITIVES MARKET, BY FORM, 2020–2023 (USD MILLION)            253

TABLE 254            ROW: FEED ADDITIVES MARKET, BY FORM, 2024–2029 (USD MILLION)            253

TABLE 255            ROW: FEED ADDITIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)            254

TABLE 256            ROW: FEED ADDITIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)            254

TABLE 257            MIDDLE EAST: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2020–2023 (USD MILLION)            255

TABLE 258            MIDDLE EAST: FEED ADDITIVES MARKET,

BY LIVESTOCK, 2024–2029 (USD MILLION)            255

TABLE 259            AFRICA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2020–2023 (USD MILLION)  256

TABLE 260            AFRICA: FEED ADDITIVES MARKET, BY LIVESTOCK, 2024–2029 (USD MILLION)  257

TABLE 261            OVERVIEW OF STRATEGIES ADOPTED BY KEY FEED ADDITIVE VENDORS          259

TABLE 262            FEED ADDITIVES MARKET: DEGREE OF COMPETITION 262

TABLE 263            FEED ADDITIVES MARKET: REGION FOOTPRINT       267

TABLE 264            FEED ADDITIVES MARKET: TYPE FOOTPRINT                 268

TABLE 265            FEED ADDITIVES MARKET: LIVESTOCK FOOTPRINT       269

TABLE 266            FEED ADDITIVES MARKET: FORM FOOTPRINT                 270

TABLE 267            FEED ADDITIVES MARKET: SOURCE FOOTPRINT       271

TABLE 268            FEED ADDITIVES MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2023          274

TABLE 269            FEED ADDITIVES MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES    274

TABLE 270            FEED ADDITIVES MARKET: PRODUCT LAUNCHES, APRIL 2021–JUNE 2024            279

TABLE 271            FEED ADDITIVES MARKET: DEALS, NOVEMBER 2020–JUNE 2024  280

TABLE 272            FEED ADDITIVES MARKET: EXPANSIONS, MAY 2021–JUNE 2024  281

TABLE 273            FEED ADDITIVES MARKET: OTHER DEALS/DEVELOPMENTS,

JANUARY 2021–JUNE 2024              282

TABLE 274            CARGILL, INCORPORATED: COMPANY OVERVIEW          283

TABLE 275            CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    284

TABLE 276            CARGILL, INCORPORATED: DEALS          286

TABLE 277            CARGILL, INCORPORATED: EXPANSIONS                 288

TABLE 278            ADM: COMPANY OVERVIEW       289

TABLE 279            ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             290

TABLE 280            ADM: PRODUCT LAUNCHES       294

TABLE 281            ADM: DEALS      295

TABLE 282            ADM: EXPANSIONS         295

TABLE 283            INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY OVERVIEW        297

TABLE 284            INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED         298

TABLE 285            INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCT LAUNCHES         300

TABLE 286            INTERNATIONAL FLAVORS & FRAGRANCES INC.: EXPANSIONS           301

TABLE 287            EVONIK INDUSTRIES AG: COMPANY OVERVIEW                 303

TABLE 288            EVONIK INDUSTRIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    304

TABLE 289            EVONIK INDUSTRIES AG: PRODUCT LAUNCHES                 306

TABLE 290            EVONIK INDUSTRIES AG: DEALS               306

TABLE 291            EVONIK INDUSTRIES AG: EXPANSIONS 307

TABLE 292            BASF SE: COMPANY OVERVIEW 309

TABLE 293            BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             310

TABLE 294            BASF SE: PRODUCT LAUNCHES 313

TABLE 295            BASF SE: DEALS 313

TABLE 296            DSM-FIRMENICH: COMPANY OVERVIEW                 315

TABLE 297            DSM-FIRMENICH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    316

TABLE 298            DSM-FIRMENICH: DEALS              319

TABLE 299            DSM-FIRMENICH: EXPANSIONS 321

TABLE 300            ALLTECH: COMPANY OVERVIEW              322

TABLE 301            ALLTECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED             323

TABLE 302            ALLTECH: PRODUCT LAUNCHES              324

TABLE 303            ALLTECH: DEALS             325

TABLE 304            AJINOMOTO CO., INC.: COMPANY OVERVIEW                 326

TABLE 305            AJINOMOTO CO., INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    328

TABLE 306            AJINOMOTO CO., INC.: DEALS   328

TABLE 307            NOVONESIS GROUP: COMPANY OVERVIEW                 329

TABLE 308            NOVONESIS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    330

TABLE 309            NOVONESIS GROUP: DEALS        334

TABLE 310            ADISSEO: COMPANY OVERVIEW               335

TABLE 311            ADISSEO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             336

TABLE 312            ADISSEO: DEALS               338

TABLE 313            ADISSEO: EXPANSIONS 339

TABLE 314            JUBILANT INGREVIA LIMITED: COMPANY OVERVIEW          340

TABLE 315            JUBILANT INGREVIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    342

TABLE 316            NUTRECO: COMPANY OVERVIEW            343

TABLE 317            NUTRECO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             343

TABLE 318            NUTRECO: DEALS            345

TABLE 319            NUTRECO: EXPANSIONS               347

TABLE 320            BRF GLOBAL: COMPANY OVERVIEW       348

TABLE 321            BRF GLOBAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    349

TABLE 322            BRF GLOBAL: DEALS      350

TABLE 323            VOLAC INTERNATIONAL LTD.: COMPANY OVERVIEW          351

TABLE 324            VOLAC INTERNATIONAL LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    351

TABLE 325            VOLAC INTERNATIONAL LTD.: EXPANSIONS                 353

TABLE 326            VOLAC INTERNATIONAL LTD.: OTHERS                 353

TABLE 327            KEMIN INDUSTRIES, INC.: COMPANY OVERVIEW                 354

TABLE 328            KEMIN INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    355

TABLE 329            KEMIN INDUSTRIES, INC.: PRODUCT LAUNCHES          357

TABLE 330            KEMIN INDUSTRIES, INC.: DEALS              358

TABLE 331            KEMIN INDUSTRIES, INC: EXPANSIONS 358

TABLE 332            LALLEMAND INC.: COMPANY OVERVIEW                 359

TABLE 333            LALLEMAND INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    359

TABLE 334            LALLEMAND INC.: DEALS             361

TABLE 335            BENTOLI: COMPANY OVERVIEW              362

TABLE 336            BENTOLI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             362

TABLE 337            BENTOLI: DEALS              364

TABLE 338            NEOSPARK DRUGS AND CHEMICALS PRIVATE LIMITED: COMPANY OVERVIEW               365

TABLE 339            NEOSPARK DRUGS AND CHEMICALS PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED                 365

TABLE 340            NOVUS INTERNATIONAL, INC.: COMPANY OVERVIEW          367

TABLE 341            NOVUS INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    367

TABLE 342            NOVUS INTERNATIONAL, INC.: DEALS  369

TABLE 343            NOVUS INTERNATIONAL, INC.: OTHER DEALS/DEVELOPMENTS              370

TABLE 344            GLOBAL NUTRITION INTERNATIONAL: COMPANY OVERVIEW   371

TABLE 345            GLOBAL NUTRITION INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    371

TABLE 346            VITALAC: COMPANY OVERVIEW               374

TABLE 347            TEX BIOSCIENCES (P) LTD.: COMPANY OVERVIEW          375

TABLE 348            CENTAFARM SRL: COMPANY OVERVIEW                 376

TABLE 349            NUQO FEED ADDITIVES: COMPANY OVERVIEW                 378

TABLE 350            PALITAL FEED ADDITIVES B.V.: COMPANY OVERVIEW          379

TABLE 351            PHYTOBIOTICS FUTTERZUSATZSTOFFE GMBH: COMPANY OVERVIEW   380

TABLE 352            ADJACENT MARKETS TO FEED ADDITIVES MARKET               381

TABLE 353            AQUAFEED MARKET, BY FORM, 2020–2023 (USD MILLION)            382

TABLE 354            AQUAFEED MARKET, BY FORM, 2024–2029 (USD MILLION)            382

TABLE 355            FEED PHOSPHATES MARKET, BY REGION, 2019–2022 (USD MILLION)       383

TABLE 356            FEED PHOSPHATES MARKET, BY REGION, 2023–2028 (USD MILLION)       383

TABLE 357            COMPOUND FEED MARKET, BY SOURCE, 2018–2022 (USD MILLION)       384

TABLE 358            COMPOUND FEED MARKET, BY SOURCE, 2023–2028 (USD MILLION)       384

LIST OF FIGURES

FIGURE 1              FEED ADDITIVES MARKET: RESEARCH DESIGN                 42

FIGURE 2              FEED ADDITIVES MARKET SIZE ESTIMATION: DEMAND SIDE  46

FIGURE 3              FEED ADDITIVES MARKET SIZE ESTIMATION: APPROACH ONE               47

FIGURE 4              FEED ADDITIVES MARKET SIZE ESTIMATION: APPROACH TWO              48

FIGURE 5              FEED ADDITIVES MARKET SIZE CALCULATION: SUPPLY SIDE     49

FIGURE 6              DATA TRIANGULATION METHODOLOGY                 50

FIGURE 7              FEED ADDITIVES MARKET, BY TYPE, 2024 VS. 2029        55

FIGURE 8              FEED ADDITIVES MARKET, BY FORM, 2024 VS. 2029        56

FIGURE 9              FEED ADDITIVES MARKET, BY LIVESTOCK, 2024 VS. 2029 56

FIGURE 10            FEED ADDITIVES MARKET, BY SOURCE, 2024 VS. 2029        57

FIGURE 11            FEED ADDITIVES MARKET SHARE AND GROWTH RATE,

BY REGION, 2024 (BY VALUE)     58

FIGURE 12            INCREASE IN DEMAND AND CONSUMPTION OF LIVESTOCK-BASED PRODUCTS

TO DRIVE MARKET         59

FIGURE 13            CHINA AND AMINO ACIDS SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARES

IN 2024  59

FIGURE 14            AMINO ACIDS TO LEAD MARKET DURING FORECAST PERIOD         60

FIGURE 15            DRY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       61

FIGURE 16            SYNTHETIC SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       61

FIGURE 17            POULTRY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD         62

FIGURE 18            CHINA TO LEAD FEED ADDITIVES MARKET IN 2024        63

FIGURE 19            COMPOUND FEED PRODUCTION, 2012–2023 (MILLION TONS)              65

FIGURE 20            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

IN FEED ADDITIVES MARKET     66

FIGURE 21            COMPARISON OF GLOBAL LIVESTOCK AND FISH PRODUCTION IN TERMS OF PROTEIN, 2020–2022 VS. PROJECTIONS FOR 2032                 67

FIGURE 22            GLOBAL MEAT PRODUCTION IN CARCASS WEIGHT EQUIVALENT 2020-22 VS. 2032  67

FIGURE 23            REGIONAL FEED PRODUCTION, 2023 (MILLION TONS)   68

FIGURE 24            LEADING FEED PRODUCING COUNTRIES, 2023 (MILLION TONS)              69

FIGURE 25            ADOPTION OF GEN AI IN ANIMAL NUTRITION                 77

FIGURE 26            FEED ADDITIVES MARKET: SUPPLY CHAIN ANALYSIS            80

FIGURE 27            VALUE CHAIN ANALYSIS OF FEED ADDITIVES MARKET: RAW MATERIAL SOURCING AND MANUFACTURING TO BE KEY CONTRIBUTORS        81

FIGURE 28            EXPORT VALUE OF ANIMAL FEEDING RELATED TO FEED ADDITIVES

FOR KEY COUNTRIES, 2019–2023 (USD)  83

FIGURE 29            IMPORT VALUE OF ANIMAL FEEDING RELATED TO FEED ADDITIVES

FOR KEY COUNTRIES, 2019–2023 (USD)  85

FIGURE 30            INDICATIVE PRICE TREND AMONG KEY PLAYERS, BY TYPE (USD/TON)  89

FIGURE 31            AVERAGE SELLING PRICE TREND, BY LIVESTOCK, 2020–2024 (USD/TON)          90

FIGURE 32            AVERAGE SELLING PRICE TREND, BY REGION, 2020–2024 (USD/TON)    91

FIGURE 33            ECOSYSTEM MAP             92

FIGURE 34            TRENDS/DISRUPTIONS IMPACTING BUYERS IN FEED ADDITIVES MARKET           94

FIGURE 35            NUMBER OF PATENTS GRANTED FOR FEED ADDITIVES MARKET, 2013–2023 95

FIGURE 36            JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR FEED ADDITIVES,

2013–2023              96

FIGURE 37            PORTER’S FIVE FORCES ANALYSIS: FEED ADDITIVES MARKET       112

FIGURE 38            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS

FOR FEED ADDITIVE SOURCES 114

FIGURE 39            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS

FOR FEED ADDITIVE SOURCES 115

FIGURE 40            INVESTMENT & FUNDING SCENARIO, 2020–2024 (USD MILLION) 117

FIGURE 41            FEED ADDITIVES MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)       120

FIGURE 42            FEED ADDITIVES MARKET, BY LIVESTOCK, 2024 VS. 2029 (USD MILLION)                173

FIGURE 43            FEED ADDITIVES MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)       188

FIGURE 44            FEED ADDITIVES MARKET, BY FORM, 2024 VS. 2029 (USD MILLION)       193

FIGURE 45            FEED PRODUCTION, BY REGION, 2022 (MT)                 200

FIGURE 46            FEED ADDITIVES MARKET, BY KEY COUNTRY, 2024–2029 (USD MILLION)            201

FIGURE 47            NORTH AMERICA: FEED ADDITIVES MARKET SNAPSHOT          204

FIGURE 48            TOTAL FEED CONSUMPTION ACROSS CANADA 2020-2022 (TONNES)       211

FIGURE 49            ASIA PACIFIC: FEED ADDITIVES MARKET SNAPSHOT          228

FIGURE 50            REVENUE ANALYSIS FOR KEY COMPANIES, 2021–2023 (USD BILLION)        261

FIGURE 51            SHARE OF LEADING COMPANIES IN FEED ADDITIVES MARKET, 2023            262

FIGURE 52            FEED ADDITIVES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023         265

FIGURE 53            FEED ADDITIVES MARKET: COMPANY FOOTPRINT       266

FIGURE 54            FEED ADDITIVES MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023                273

FIGURE 55            COMPANY VALUATION OF KEY FEED ADDITIVE VENDORS            276

FIGURE 56            EV/EBITDA OF KEY COMPANIES               276

FIGURE 57            BRAND COMPARISON ANALYSIS, BY TYPE                 277

FIGURE 58            CARGILL, INCORPORATED: COMPANY SNAPSHOT          284

FIGURE 59            ADM: COMPANY SNAPSHOT       290

FIGURE 60            INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT        298

FIGURE 61            EVONIK INDUSTRIES AG: COMPANY SNAPSHOT                 304

FIGURE 62            BASF SE: COMPANY SNAPSHOT 310

FIGURE 63            DSM-FIRMENICH: COMPANY SNAPSHOT                 316

FIGURE 64            AJINOMOTO CO., INC.: COMPANY SNAPSHOT                 327

FIGURE 65            NOVONESIS GROUP: COMPANY SNAPSHOT                 330

FIGURE 66            ADISSEO: COMPANY SNAPSHOT               336

FIGURE 67            JUBILANT INGREVIA LIMITED: COMPANY SNAPSHOT          341

FIGURE 68            BRF GLOBAL: COMPANY SNAPSHOT      349