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United Kingdom Feed Additives Market Size (2024 - 2029)

The United Kingdom Feed Additives Market is projected to experience growth over the forecast period, driven by various factors influencing the market size. Despite a high meat consumption rate compared to global averages, there is a noticeable decline in this trend due to a shift in consumer preferences towards vegan options. The market is witnessing an increasing adoption of feed additives across all livestock segments, with poultry leading the way. Influential factors include enhanced trade activities within the EU, a rising demand for quality animal products, and increased costs associated with natural and organic feeds and production techniques.

Market Size of United Kingdom Feed Additives Industry

United Kingdom Feed Additives Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 0.84 Billion
Market Size (2029) USD 1.08 Billion
CAGR (2024 - 2029) 5.16 %

Major Players

United Kingdom Feed Additives Market Major Players

*Disclaimer: Major Players sorted in no particular order

UK Feed Additives Market Analysis

The United Kingdom Feed Additives Market size is estimated at USD 0.84 billion in 2024, and is expected to reach USD 1.08 billion by 2029, growing at a CAGR of 5.16% during the forecast period (2024-2029).

When compared to the world's average meat consumption rate, the meat consumption rate in the United Kingdom is high. However, this trend is declining due to the changing consumer preference toward vegan food in the country. White meat and chicken are the most commonly consumed meat in the country. The growing trend of feed additives is observed among all the segments of the livestock, with poultry being ahead of ruminants and swine. Factors, such as increased trade activity among the EU nations, demand for quality animal products, and rise in the cost of natural and organic feeds, along with production techniques are impacting the market.

UK Feed Additives Industry Segmentation

The United Kingdom Feed Additives Market is segmented By Additive Type (Antibiotics, Vitamins, Antioxidants, Aminoacids, Enzymes, Prebiotics, Probiotics, Binders, and Others) and By Animal Type (Ruminants, Swine, Poultry, and Other Animal Types). The report offers market sizing and forecasts in volume (Metric Tons) and value (USD) for all the above segments.

Additive Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Prebiotics
Probiotics
Binders
Others
Animal Type
Ruminants
Swine
Poultry
Other Animal Types
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United Kingdom Feed Additives Market Size Summary

The UK feed additives market is poised for growth, driven by the increasing demand for high-quality livestock products and the adoption of industrial-scale production techniques. Despite a declining trend in meat consumption due to a shift towards vegan diets, the demand for poultry and other livestock remains robust. The market is influenced by factors such as enhanced trade activities within the EU, the need for quality animal products, and the rising costs of natural and organic feeds. The integration of capital-intensive technologies in poultry and pig meat production facilities is optimizing feed use, improving feed conversion ratios, and enhancing animal protein content. This industrial approach necessitates a corresponding increase in the production of feed additives to support the large-scale production of high-quality compound feed.

The feed additives market in the UK is characterized by a consolidated structure, with international companies like Cargill, Adisseo, and Prinova dominating the market for various additive types, including amino acids, probiotics, and vitamins. Local companies hold smaller market shares, with only a few having significant presence in specific additive categories. The competition for raw materials between the feed and food industries, particularly for commodities like maize and soybean, adds another layer of complexity to the market dynamics. The ongoing urbanization and rising incomes in developing nations are further fueling the demand for meat and dairy products, thereby driving the growth of the feed additives market. Strategic partnerships and acquisitions, such as Cargill's collaboration with Innovafeed and Nutreco's acquisition of Nutrimin, are expected to enhance market offerings and maintain supply to meet the growing demand.

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United Kingdom Feed Additives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Additive Type

      1. 2.1.1 Antibiotics

      2. 2.1.2 Vitamins

      3. 2.1.3 Antioxidants

      4. 2.1.4 Amino Acids

      5. 2.1.5 Enzymes

      6. 2.1.6 Prebiotics

      7. 2.1.7 Probiotics

      8. 2.1.8 Binders

      9. 2.1.9 Others

    2. 2.2 Animal Type

      1. 2.2.1 Ruminants

      2. 2.2.2 Swine

      3. 2.2.3 Poultry

      4. 2.2.4 Other Animal Types

United Kingdom Feed Additives Market Size FAQs

The United Kingdom Feed Additives Market size is expected to reach USD 0.84 billion in 2024 and grow at a CAGR of 5.16% to reach USD 1.08 billion by 2029.

In 2024, the United Kingdom Feed Additives Market size is expected to reach USD 0.84 billion.

UK Feed Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)