Market Size of india feed additives Industry
Icons | Lable | Value |
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Study Period | 2017 - 2029 | |
Market Size (2024) | USD 1.07 Billion | |
Market Size (2029) | USD 1.37 Billion | |
Largest Share by Additive | Amino Acids | |
CAGR (2024 - 2029) | 5.22 % | |
Fastest Growing by Additive | Antioxidants | |
Market Concentration | Low | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Feed Additives Market Analysis
The India Feed Additives Market size is estimated at 1.07 billion USD in 2024, and is expected to reach 1.37 billion USD by 2029, growing at a CAGR of 5.22% during the forecast period (2024-2029).
1.07 Billion
Market Size in 2024 (USD)
1.37 Billion
Market Size in 2029 (USD)
5.77 %
CAGR (2017-2023)
5.22 %
CAGR (2024-2029)
Largest Market by Additive
19.35 %
value share, Amino Acids, 2023
The amino acids segment is the largest due to the increasing demand for meat products and their ability to balance the gut pH and reduce the occurrence of infections.
Largest Market by Animal
62.68 %
value share, Poultry, 2023
Poultry is the largest animal segment due to the rising consumption demand for poultry products and the increasing poultry population by 27% during 2017-2022.
Fastest-growing Market by Additive
6.07 %
Projected CAGR, Antioxidants, 2024-2029
The demand for antioxidants is growing at the fastest rate due to the increasing consumption of meat and milk products and the shelf life of animal feed.
Fastest-growing Market by Animal
5.31 %
Projected CAGR, Poultry, 2024-2029
Poultry is the fastest-growing segment due to the rising demand for poultry meat, the increasing commercial egg production, and the increasing poultry population.
Leading Market Player
13.44 %
market share, IFF(Danisco Animal Nutrition), 2022
IFF is a market leader as the company gained market share by expanding its product portfolio and launching new products with improved quality for the Indian market.
- In 2022, the Indian livestock feed industry witnessed strong demand for feed additives, with amino acids, binders, minerals, probiotics, and prebiotics comprising 60.5% of the market's total value. Lysine and methionine emerged as the leading amino acids in the country, accounting for 72% of the total feed amino acids market in 2022. This growth was attributed to improved animal efficiency, better gut health, and meat production.
- Synthetic binders dominated the market, accounting for 69.9% of the total binders market in 2022. These binders have become an essential component in animal feed as they enhance digestion and nutrition intake, besides being used in pellet feed and illness prevention.
- Poultry was the dominant animal type in the prebiotics market, representing 62.6% of the market share value in 2022. The growth of the poultry sector was fueled by increased feed intake and a 4% rise in headcount between 2017 and 2022.
- Antioxidants are projected to be the fastest-growing segment in the Indian feed additives market, with a CAGR of 6.1% during the forecast period of 2023-2029. They are increasingly used to extend the life of animal feeds. Antibiotics, such as citric acid, are essential in minimizing pathogen colonization, lowering the formation of harmful metabolites, and enhancing the availability of protein, Ca, P, Mg, and Zn.
- Therefore, due to the critical role of feed additives in animal nutrition, their demand is expected to rise during the forecast period. As a result, the industry will continue to witness an increase in the development and adoption of innovative feed additive solutions to meet the evolving demands of the market.
India 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.
- In 2022, the Indian livestock feed industry witnessed strong demand for feed additives, with amino acids, binders, minerals, probiotics, and prebiotics comprising 60.5% of the market's total value. Lysine and methionine emerged as the leading amino acids in the country, accounting for 72% of the total feed amino acids market in 2022. This growth was attributed to improved animal efficiency, better gut health, and meat production.
- Synthetic binders dominated the market, accounting for 69.9% of the total binders market in 2022. These binders have become an essential component in animal feed as they enhance digestion and nutrition intake, besides being used in pellet feed and illness prevention.
- Poultry was the dominant animal type in the prebiotics market, representing 62.6% of the market share value in 2022. The growth of the poultry sector was fueled by increased feed intake and a 4% rise in headcount between 2017 and 2022.
- Antioxidants are projected to be the fastest-growing segment in the Indian feed additives market, with a CAGR of 6.1% during the forecast period of 2023-2029. They are increasingly used to extend the life of animal feeds. Antibiotics, such as citric acid, are essential in minimizing pathogen colonization, lowering the formation of harmful metabolites, and enhancing the availability of protein, Ca, P, Mg, and Zn.
- Therefore, due to the critical role of feed additives in animal nutrition, their demand is expected to rise during the forecast period. As a result, the industry will continue to witness an increase in the development and adoption of innovative feed additive solutions to meet the evolving demands of the market.
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India Feed Additives Market Size Summary
The India Feed Additives Market is poised for significant growth, driven by the increasing demand for enhanced animal nutrition solutions. The market is characterized by a diverse range of additives, including amino acids, binders, minerals, probiotics, and prebiotics, which collectively represent a substantial portion of the market's value. The poultry sector, in particular, has been a major contributor to this growth, with a notable rise in feed intake and production. The dominance of synthetic binders and the rising popularity of antioxidants highlight the industry's focus on improving feed efficiency and extending shelf life. The Indian poultry industry has evolved into a major global player, with substantial production and export of poultry products, despite challenges such as disease outbreaks and high feed costs.
In addition to poultry, the aquaculture sector has seen remarkable expansion, driven by the increasing demand for seafood both domestically and internationally. The aqua feed market, with fish feed as its dominant segment, is supported by government initiatives and investments aimed at boosting production and ensuring food security. The growth of the aqua feed market is expected to contribute significantly to the Indian economy by creating jobs and enhancing food security. The market is fragmented, with key players like Adisseo, Alltech, Inc., Archer Daniel Midland Co., DSM Nutritional Products AG, and IFF(Danisco Animal Nutrition) leading the charge in innovation and expansion. Collaborations and acquisitions among these companies are set to further enhance the development and adoption of advanced feed additive solutions in the coming years.
India Feed Additives Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Additive
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1.1.1 Acidifiers
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1.1.1.1 By Sub Additive
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1.1.1.1.1 Fumaric Acid
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1.1.1.1.2 Lactic Acid
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1.1.1.1.3 Propionic Acid
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1.1.1.1.4 Other Acidifiers
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1.1.2 Amino Acids
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1.1.2.1 By Sub Additive
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1.1.2.1.1 Lysine
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1.1.2.1.2 Methionine
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1.1.2.1.3 Threonine
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1.1.2.1.4 Tryptophan
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1.1.2.1.5 Other Amino Acids
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1.1.3 Antibiotics
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1.1.3.1 By Sub Additive
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1.1.3.1.1 Bacitracin
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1.1.3.1.2 Penicillins
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1.1.3.1.3 Tetracyclines
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1.1.3.1.4 Tylosin
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1.1.3.1.5 Other Antibiotics
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1.1.4 Antioxidants
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1.1.4.1 By Sub Additive
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1.1.4.1.1 Butylated Hydroxyanisole (BHA)
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1.1.4.1.2 Butylated Hydroxytoluene (BHT)
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1.1.4.1.3 Citric Acid
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1.1.4.1.4 Ethoxyquin
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1.1.4.1.5 Propyl Gallate
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1.1.4.1.6 Tocopherols
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1.1.4.1.7 Other Antioxidants
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1.1.5 Binders
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1.1.5.1 By Sub Additive
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1.1.5.1.1 Natural Binders
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1.1.5.1.2 Synthetic Binders
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1.1.6 Enzymes
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1.1.6.1 By Sub Additive
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1.1.6.1.1 Carbohydrases
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1.1.6.1.2 Phytases
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1.1.6.1.3 Other Enzymes
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1.1.7 Flavors & Sweeteners
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1.1.7.1 By Sub Additive
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1.1.7.1.1 Flavors
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1.1.7.1.2 Sweeteners
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1.1.8 Minerals
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1.1.8.1 By Sub Additive
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1.1.8.1.1 Macrominerals
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1.1.8.1.2 Microminerals
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1.1.9 Mycotoxin Detoxifiers
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1.1.9.1 By Sub Additive
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1.1.9.1.1 Binders
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1.1.9.1.2 Biotransformers
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1.1.10 Phytogenics
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1.1.10.1 By Sub Additive
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1.1.10.1.1 Essential Oil
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1.1.10.1.2 Herbs & Spices
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1.1.10.1.3 Other Phytogenics
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1.1.11 Pigments
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1.1.11.1 By Sub Additive
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1.1.11.1.1 Carotenoids
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1.1.11.1.2 Curcumin & Spirulina
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1.1.12 Prebiotics
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1.1.12.1 By Sub Additive
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1.1.12.1.1 Fructo Oligosaccharides
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1.1.12.1.2 Galacto Oligosaccharides
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1.1.12.1.3 Inulin
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1.1.12.1.4 Lactulose
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1.1.12.1.5 Mannan Oligosaccharides
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1.1.12.1.6 Xylo Oligosaccharides
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1.1.12.1.7 Other Prebiotics
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1.1.13 Probiotics
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1.1.13.1 By Sub Additive
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1.1.13.1.1 Bifidobacteria
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1.1.13.1.2 Enterococcus
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1.1.13.1.3 Lactobacilli
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1.1.13.1.4 Pediococcus
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1.1.13.1.5 Streptococcus
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1.1.13.1.6 Other Probiotics
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1.1.14 Vitamins
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1.1.14.1 By Sub Additive
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1.1.14.1.1 Vitamin A
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1.1.14.1.2 Vitamin B
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1.1.14.1.3 Vitamin C
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1.1.14.1.4 Vitamin E
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1.1.14.1.5 Other Vitamins
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1.1.15 Yeast
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1.1.15.1 By Sub Additive
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1.1.15.1.1 Live Yeast
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1.1.15.1.2 Selenium Yeast
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1.1.15.1.3 Spent Yeast
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1.1.15.1.4 Torula Dried Yeast
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1.1.15.1.5 Whey Yeast
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1.1.15.1.6 Yeast Derivatives
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1.2 Animal
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1.2.1 Aquaculture
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1.2.1.1 By Sub Animal
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1.2.1.1.1 Fish
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1.2.1.1.2 Shrimp
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1.2.1.1.3 Other Aquaculture Species
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1.2.2 Poultry
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1.2.2.1 By Sub Animal
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1.2.2.1.1 Broiler
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1.2.2.1.2 Layer
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1.2.2.1.3 Other Poultry Birds
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1.2.3 Ruminants
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1.2.3.1 By Sub Animal
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1.2.3.1.1 Dairy Cattle
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1.2.3.1.2 Other Ruminants
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1.2.4 Swine
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1.2.5 Other Animals
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India Feed Additives Market Size FAQs
How big is the India Feed Additives Market?
The India Feed Additives Market size is expected to reach USD 1.07 billion in 2024 and grow at a CAGR of 5.22% to reach USD 1.37 billion by 2029.
What is the current India Feed Additives Market size?
In 2024, the India Feed Additives Market size is expected to reach USD 1.07 billion.