Feed Additives Market Size

Market Size of feed additives Industry

Icons	Lable	Value
	Study Period	2017 - 2029
	Market Size (2024)	USD 36.16 Billion
	Market Size (2029)	USD 45.84 Billion
	Largest Share by Additive	Amino Acids
	CAGR (2024 - 2029)	4.86 %
	Largest Share by Region	Asia-Pacific
	Market Concentration	Low
Major Players

*Disclaimer: Major Players sorted in no particular order

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Feed Additives Market Analysis

The Feed Additives Market size is estimated at 36.16 billion USD in 2024, and is expected to reach 45.84 billion USD by 2029, growing at a CAGR of 4.86% during the forecast period (2024-2029).

36.16 Billion

Market Size in 2024 (USD)

45.84 Billion

Market Size in 2029 (USD)

5.18 %

CAGR (2017-2023)

4.86 %

CAGR (2024-2029)

Largest Market by Additive

22.09 %

value share, Amino Acids, 2023

Amino Acids are the largest segment due to characteristics such as being important for protein synthesis and a crucial nutrient for the growth and development of the animal.

Largest Market by Region

31.35 %

value share, Asia-Pacific, 2023

The Asia-Pacific region is the largest because of the higher penetration rate, higher feed production, high demand for meat, and increasing livestock population.

Fastest-growing Market by Additive

5.58 %

Projected CAGR, Acidifiers, 2024-2029

Acidifiers are the fastest-growing segment as it helps improve feed performance in animal nutrition and decrease the uptake of pathogenic organisms and toxic metabolites.

Fastest-growing Market by Region

5.63 %

Projected CAGR, North America, 2024-2029

North America is the fastest-growing region for feed additives because of the rise in awareness of the benefits of additives, the increase in outbreaks of diseases, and the increasing animal productivity.

Leading Market Player

8.34 %

market share, DSM Nutritional Products AG, 2022

DSM is the market leader as it adopted acquisition, partnership, expansion, and product innovation strategies. It acquired Biomin to enter a new market.

The global feed additives market is a dynamic industry that is driven by different key factors, including increased feed production, growing demand for livestock products, and a rising population of livestock animals. Amino acids, binders, minerals, prebiotics, probiotics, and acidifiers are the major feed additive types used in livestock feed, with amino acids accounting for the largest share of the market in 2022.
Amino acids play a critical role in the growth and development of animals, and their market value is expected to register a CAGR of 5.0% during the forecast period. Binders, which are used to maintain pellet integrity and prevent fragmentation, were the second major additive type consumed globally in 2022, with a market value that increased by 28.1% between 2017 and 2022.
Minerals are also an important feed additive type, accounting for 10.8% of the global feed additives market in 2022, with a market value of USD 3,633.6 million. Macrominerals held a major market share of 88.7% in 2022 due to their benefits in stressful circumstances that change an animal's physiological requirements.
The acidifiers segment is the fastest-growing segment, with a CAGR of 5.6% during the forecast period. Acidifiers are known to improve feed performance in animal nutrition and decrease the uptake of pathogenic organisms and toxic metabolites.
Therefore, the global feed additives market is expected to grow and register a CAGR of 4.8% during the forecast period, driven by increased feed production, a rising population of livestock animals, and growing demand for livestock products. The major feed additive types, including amino acids, binders, minerals, prebiotics, probiotics, and acidifiers, are expected to continue playing a significant role in the market.

Understand The Key Trends Shaping This Market

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The feed additives market witnessed significant growth in recent years, primarily due to the increased commercial animal production and compound feed production worldwide. The global feed additives market was valued at USD 33.0 billion in 2022. It is estimated to increase by 32.7% from 2023 to 2029, owing to product innovations and rising demand for sustainable feed additives.鈥�
The Asia-Pacific region dominated the global feed additives market in 2022, accounting for a market value of USD 10.3 billion. This can be attributed to the higher commercial cultivation and subsequent higher feed production, which reached almost 0.5 billion metric tons in 2022. However, the United States was the largest country in the world, representing almost 18.1% of the global feed additives market in 2022. The higher share of the country was due to the higher feed production and usage of additives for commercial animal rearing.鈥�
Amino acids were the largest feed additives in the world, occupying 22.1% of the market share in 2022. This was followed by binders and minerals, which accounted for 13% and 11% of the market share, respectively. The importance of these additives lies in their ability to increase the growth and productivity of animals.鈥�
The poultry segment was the largest and fastest-growing market, accounting for 43.4% of the global feed additives market in 2022. This was followed by the swine (25.4%) and ruminants (25.1%) segments, primarily due to higher feed production and penetration rates concerning these animals.鈥�
The usage of feed additives is expected to drive the market at a CAGR of 4.8% during the forecast period, owing to their ability to enhance feed efficiency and animal functions.

Feed Additives Industry Segmentation

Acidifiers, Amino Acids, Antibiotics, Antioxidants, Binders, Enzymes, Flavors & Sweeteners, Minerals, Mycotoxin Detoxifiers, Phytogenics, Pigments, Prebiotics, Probiotics, Vitamins, Yeast are covered as segments by Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

The global feed additives market is a dynamic industry that is driven by different key factors, including increased feed production, growing demand for livestock products, and a rising population of livestock animals. Amino acids, binders, minerals, prebiotics, probiotics, and acidifiers are the major feed additive types used in livestock feed, with amino acids accounting for the largest share of the market in 2022.
Amino acids play a critical role in the growth and development of animals, and their market value is expected to register a CAGR of 5.0% during the forecast period. Binders, which are used to maintain pellet integrity and prevent fragmentation, were the second major additive type consumed globally in 2022, with a market value that increased by 28.1% between 2017 and 2022.
Minerals are also an important feed additive type, accounting for 10.8% of the global feed additives market in 2022, with a market value of USD 3,633.6 million. Macrominerals held a major market share of 88.7% in 2022 due to their benefits in stressful circumstances that change an animal's physiological requirements.
The acidifiers segment is the fastest-growing segment, with a CAGR of 5.6% during the forecast period. Acidifiers are known to improve feed performance in animal nutrition and decrease the uptake of pathogenic organisms and toxic metabolites.
Therefore, the global feed additives market is expected to grow and register a CAGR of 4.8% during the forecast period, driven by increased feed production, a rising population of livestock animals, and growing demand for livestock products. The major feed additive types, including amino acids, binders, minerals, prebiotics, probiotics, and acidifiers, are expected to continue playing a significant role in the market.

Additive

Acidifiers

By Sub Additive
	Fumaric Acid
	Lactic Acid
	Propionic Acid
	Other Acidifiers

Amino Acids

By Sub Additive
	Lysine
	Methionine
	Threonine
	Tryptophan
	Other Amino Acids

Antibiotics

By Sub Additive
	Bacitracin
	Penicillins
	Tetracyclines
	Tylosin
	Other Antibiotics

Antioxidants

By Sub Additive
	Butylated Hydroxyanisole (BHA)
	Butylated Hydroxytoluene (BHT)
	Citric Acid
	Ethoxyquin
	Propyl Gallate
	Tocopherols
	Other Antioxidants

Binders

By Sub Additive
	Natural Binders
	Synthetic Binders

Enzymes

By Sub Additive
	Carbohydrases
	Phytases
	Other Enzymes

Flavors & Sweeteners

By Sub Additive
	Flavors
	Sweeteners

Minerals

By Sub Additive
	Macrominerals
	Microminerals

Mycotoxin Detoxifiers

By Sub Additive
	Binders
	Biotransformers

Phytogenics

By Sub Additive
	Essential Oil
	Herbs & Spices
	Other Phytogenics

Pigments

By Sub Additive
	Carotenoids
	Curcumin & Spirulina

Prebiotics

By Sub Additive
	Fructo Oligosaccharides
	Galacto Oligosaccharides
	Inulin
	Lactulose
	Mannan Oligosaccharides
	Xylo Oligosaccharides
	Other Prebiotics

Probiotics

By Sub Additive
	Bifidobacteria
	Enterococcus
	Lactobacilli
	Pediococcus
	Streptococcus
	Other Probiotics

Vitamins

By Sub Additive
	Vitamin A
	Vitamin B
	Vitamin C
	Vitamin E
	Other Vitamins

Yeast

By Sub Additive
	Live Yeast
	Selenium Yeast
	Spent Yeast
	Torula Dried Yeast
	Whey Yeast
	Yeast Derivatives

Animal

Aquaculture

By Sub Animal
	Fish
	Shrimp
	Other Aquaculture Species

Poultry

By Sub Animal
	Broiler
	Layer
	Other Poultry Birds

Ruminants

By Sub Animal
	Beef Cattle
	Dairy Cattle
	Other Ruminants

Swine

Other Animals

Region

Africa

By Country
	Egypt
	Kenya
	South Africa
	Rest of Africa

Asia-Pacific

By Country
	Australia
	China
	India
	Indonesia
	Japan
	Philippines
	South Korea
	Thailand
	Vietnam
	Rest of Asia-Pacific

Europe

By Country
	France
	Germany
	Italy
	Netherlands
	Russia
	Spain
	Turkey
	United Kingdom
	Rest of Europe

Middle East

By Country
	Iran
	Saudi Arabia
	Rest of Middle East

North America

By Country
	Canada
	Mexico
	United States
	Rest of North America

South America

By Country
	Argentina
	Brazil
	Chile
	Rest of South America

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Feed Additives Market Size Summary

The global feed additives market is experiencing robust growth, driven by factors such as increased feed production, a rising population of livestock, and growing demand for livestock products. This dynamic industry encompasses various types of feed additives, including amino acids, binders, minerals, prebiotics, probiotics, and acidifiers, each playing a significant role in enhancing animal growth and productivity. Amino acids, in particular, hold the largest market share due to their critical role in animal development. The market is characterized by continuous product innovations and a shift towards sustainable feed additives, which are expected to further propel its expansion over the forecast period.

Regionally, the Asia-Pacific area leads the market, attributed to its substantial commercial cultivation and feed production. The United States also holds a significant share, driven by its extensive use of additives in commercial animal rearing. The poultry segment emerges as the largest and fastest-growing market, fueled by the increasing demand for poultry products and rising investments in the industry. Additionally, the expansion of aquaculture, particularly in regions like South America and Asia-Pacific, is contributing to the surge in compound feed production, further boosting the demand for feed additives. The market remains fragmented, with major players like Adisseo, Archer Daniel Midland Co., DSM Nutritional Products AG, Evonik Industries AG, and SHV (Nutreco NV) leading the charge in innovation and capacity expansion.

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Feed Additives Market Size - Table of Contents

1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
1. 1.1 Additive
  1. 1.1.1 Acidifiers
    1. 1.1.1.1 By Sub Additive
      1. 1.1.1.1.1 Fumaric Acid
      2. 1.1.1.1.2 Lactic Acid
      3. 1.1.1.1.3 Propionic Acid
      4. 1.1.1.1.4 Other Acidifiers
  2. 1.1.2 Amino Acids
    1. 1.1.2.1 By Sub Additive
      1. 1.1.2.1.1 Lysine
      2. 1.1.2.1.2 Methionine
      3. 1.1.2.1.3 Threonine
      4. 1.1.2.1.4 Tryptophan
      5. 1.1.2.1.5 Other Amino Acids
  3. 1.1.3 Antibiotics
    1. 1.1.3.1 By Sub Additive
      1. 1.1.3.1.1 Bacitracin
      2. 1.1.3.1.2 Penicillins
      3. 1.1.3.1.3 Tetracyclines
      4. 1.1.3.1.4 Tylosin
      5. 1.1.3.1.5 Other Antibiotics
  4. 1.1.4 Antioxidants
    1. 1.1.4.1 By Sub Additive
      1. 1.1.4.1.1 Butylated Hydroxyanisole (BHA)
      2. 1.1.4.1.2 Butylated Hydroxytoluene (BHT)
      3. 1.1.4.1.3 Citric Acid
      4. 1.1.4.1.4 Ethoxyquin
      5. 1.1.4.1.5 Propyl Gallate
      6. 1.1.4.1.6 Tocopherols
      7. 1.1.4.1.7 Other Antioxidants
  5. 1.1.5 Binders
    1. 1.1.5.1 By Sub Additive
      1. 1.1.5.1.1 Natural Binders
      2. 1.1.5.1.2 Synthetic Binders
  6. 1.1.6 Enzymes
    1. 1.1.6.1 By Sub Additive
      1. 1.1.6.1.1 Carbohydrases
      2. 1.1.6.1.2 Phytases
      3. 1.1.6.1.3 Other Enzymes
  7. 1.1.7 Flavors & Sweeteners
    1. 1.1.7.1 By Sub Additive
      1. 1.1.7.1.1 Flavors
      2. 1.1.7.1.2 Sweeteners
  8. 1.1.8 Minerals
    1. 1.1.8.1 By Sub Additive
      1. 1.1.8.1.1 Macrominerals
      2. 1.1.8.1.2 Microminerals
  9. 1.1.9 Mycotoxin Detoxifiers
    1. 1.1.9.1 By Sub Additive
      1. 1.1.9.1.1 Binders
      2. 1.1.9.1.2 Biotransformers
  10. 1.1.10 Phytogenics
    1. 1.1.10.1 By Sub Additive
      1. 1.1.10.1.1 Essential Oil
      2. 1.1.10.1.2 Herbs & Spices
      3. 1.1.10.1.3 Other Phytogenics
  11. 1.1.11 Pigments
    1. 1.1.11.1 By Sub Additive
      1. 1.1.11.1.1 Carotenoids
      2. 1.1.11.1.2 Curcumin & Spirulina
  12. 1.1.12 Prebiotics
    1. 1.1.12.1 By Sub Additive
      1. 1.1.12.1.1 Fructo Oligosaccharides
      2. 1.1.12.1.2 Galacto Oligosaccharides
      3. 1.1.12.1.3 Inulin
      4. 1.1.12.1.4 Lactulose
      5. 1.1.12.1.5 Mannan Oligosaccharides
      6. 1.1.12.1.6 Xylo Oligosaccharides
      7. 1.1.12.1.7 Other Prebiotics
  13. 1.1.13 Probiotics
    1. 1.1.13.1 By Sub Additive
      1. 1.1.13.1.1 Bifidobacteria
      2. 1.1.13.1.2 Enterococcus
      3. 1.1.13.1.3 Lactobacilli
      4. 1.1.13.1.4 Pediococcus
      5. 1.1.13.1.5 Streptococcus
      6. 1.1.13.1.6 Other Probiotics
  14. 1.1.14 Vitamins
    1. 1.1.14.1 By Sub Additive
      1. 1.1.14.1.1 Vitamin A
      2. 1.1.14.1.2 Vitamin B
      3. 1.1.14.1.3 Vitamin C
      4. 1.1.14.1.4 Vitamin E
      5. 1.1.14.1.5 Other Vitamins
  15. 1.1.15 Yeast
    1. 1.1.15.1 By Sub Additive
      1. 1.1.15.1.1 Live Yeast
      2. 1.1.15.1.2 Selenium Yeast
      3. 1.1.15.1.3 Spent Yeast
      4. 1.1.15.1.4 Torula Dried Yeast
      5. 1.1.15.1.5 Whey Yeast
      6. 1.1.15.1.6 Yeast Derivatives
2. 1.2 Animal
  1. 1.2.1 Aquaculture
    1. 1.2.1.1 By Sub Animal
      1. 1.2.1.1.1 Fish
      2. 1.2.1.1.2 Shrimp
      3. 1.2.1.1.3 Other Aquaculture Species
  2. 1.2.2 Poultry
    1. 1.2.2.1 By Sub Animal
      1. 1.2.2.1.1 Broiler
      2. 1.2.2.1.2 Layer
      3. 1.2.2.1.3 Other Poultry Birds
  3. 1.2.3 Ruminants
    1. 1.2.3.1 By Sub Animal
      1. 1.2.3.1.1 Beef Cattle
      2. 1.2.3.1.2 Dairy Cattle
      3. 1.2.3.1.3 Other Ruminants
  4. 1.2.4 Swine
  5. 1.2.5 Other Animals
3. 1.3 Region
  1. 1.3.1 Africa
    1. 1.3.1.1 By Country
      1. 1.3.1.1.1 Egypt
      2. 1.3.1.1.2 Kenya
      3. 1.3.1.1.3 South Africa
      4. 1.3.1.1.4 Rest of Africa
  2. 1.3.2 Asia-Pacific
    1. 1.3.2.1 By Country
      1. 1.3.2.1.1 Australia
      2. 1.3.2.1.2 China
      3. 1.3.2.1.3 India
      4. 1.3.2.1.4 Indonesia
      5. 1.3.2.1.5 Japan
      6. 1.3.2.1.6 Philippines
      7. 1.3.2.1.7 South Korea
      8. 1.3.2.1.8 Thailand
      9. 1.3.2.1.9 Vietnam
      10. 1.3.2.1.10 Rest of Asia-Pacific
  3. 1.3.3 Europe
    1. 1.3.3.1 By Country
      1. 1.3.3.1.1 France
      2. 1.3.3.1.2 Germany
      3. 1.3.3.1.3 Italy
      4. 1.3.3.1.4 Netherlands
      5. 1.3.3.1.5 Russia
      6. 1.3.3.1.6 Spain
      7. 1.3.3.1.7 Turkey
      8. 1.3.3.1.8 United Kingdom
      9. 1.3.3.1.9 Rest of Europe
  4. 1.3.4 Middle East
    1. 1.3.4.1 By Country
      1. 1.3.4.1.1 Iran
      2. 1.3.4.1.2 Saudi Arabia
      3. 1.3.4.1.3 Rest of Middle East
  5. 1.3.5 North America
    1. 1.3.5.1 By Country
      1. 1.3.5.1.1 Canada
      2. 1.3.5.1.2 Mexico
      3. 1.3.5.1.3 United States
      4. 1.3.5.1.4 Rest of North America
  6. 1.3.6 South America
    1. 1.3.6.1 By Country
      1. 1.3.6.1.1 Argentina
      2. 1.3.6.1.2 Brazil
      3. 1.3.6.1.3 Chile
      4. 1.3.6.1.4 Rest of South America

Feed Additives Market Size FAQs

How big is the Global Feed Additives Market?

The Global Feed Additives Market size is expected to reach USD 36.16 billion in 2024 and grow at a CAGR of 4.86% to reach USD 45.84 billion by 2029.

What is the current Global Feed Additives Market size?

In 2024, the Global Feed Additives Market size is expected to reach USD 36.16 billion.

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Feed Additives Market Size

Market Size of feed additives Industry