Research Reports And Consulting #Feed Additives Market

Feed Additives Market Overview

Feed additives are substances added to animal feed to enhance its nutritional value, improve the quality of the feed, and promote the health and performance of livestock. These additives can include vitamins, minerals, amino acids, enzymes, probiotics, prebiotics, and other compounds. The key factors driving the growth of the feed additives market include the increasing demand for meat and animal products, rising awareness about animal health and nutrition, and a growing focus on animal welfare. The global feed additives market size is estimated to be valued at USD 42.2 billion in 2023 and is projected to reach USD 55.8 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

Feed Additives Market Trends

Rising Meat Consumption: The increasing global population and changing dietary preferences have led to a rise in meat consumption. This has driven the demand for feed additives to enhance the efficiency of animal production and improve the quality of meat.

Animal Health and Welfare: Consumers and producers alike have become more conscious of animal health and welfare. Feed additives play a crucial role in maintaining the health and well-being of livestock, contributing to disease prevention and overall performance.

Regulatory Changes: Stringent regulations and guidelines regarding the use of certain feed additives, especially antibiotics, have influenced the market. There has been a growing emphasis on alternatives to traditional antibiotics, such as probiotics and phytogenics.

Technological Advancements: Ongoing research and technological advancements have led to the development of innovative feed additives aimed at improving feed efficiency, reducing environmental impact, and addressing specific nutritional needs.

Regional Dynamics: The market dynamics can vary by region, influenced by factors such as economic development, farming practices, and consumer preferences. Emerging economies with a growing middle class often experience increased demand for meat, driving the need for advanced feed additives.

Key Players in the Feed Additives Industry 

Cargill, Incorporated (US), ADM (US), International Flavors & Fragrances, Inc. (US), Evonik Industries AG (Germany), BASF SE (Germany), DSM (Netherlands), Ajinomoto (Japan), Novozymes (Denmark), CHR. HANSEN (Denmark), and TEGASA (Spain) are among the key players in the global feed additives market. To increase their company's revenues and market shares, companies are focusing on launching new products, developing partnerships, and expanding their production facilities. The key strategies used by companies in the feed additives market include geographical expansion to tap the potential of emerging economies, strategic acquisitions to gain a foothold over the extensive supply chain, and new product launches as a result of extensive research and development (R&D) initiatives.

Key Questions Addressed by Feed Additives Market Report

Which geographical area is expected to hold the largest feed additives market share?What are the factors driving the feed additives market growth?Are there any challenges affecting this industry, as per the Feed Additives Market forecasts?

Based on livestock, the poultry segment is estimated to account for the largest market share of the feed additives market.

The global demand for poultry products, such as chicken and eggs, has witnessed remarkable growth due to changing dietary preferences and increasing population. To meet this soaring demand for poultry, farmers have increasingly turned to feed additives to enhance the overall health, growth, and productivity of their birds. As a result, the poultry industry has become a major driver for the feed additives industry.

Additionally, the efficiency and rapid turnover rate of poultry farming make it particularly well-suited to benefit from feed additives. Poultry, especially broilers, have shorter production cycles compared to other livestock like cattle or swine. Feed additives, including antibiotics, probiotics, and growth promoters, can quickly yield visible results in terms of weight gain, disease prevention, and feed conversion efficiency, thereby providing farmers with a compelling incentive to use these products. Furthermore, the poultry sector has been at the forefront of adopting innovations and advanced technologies in animal nutrition, including precision feeding and nutrigenomics. This forward-thinking approach has further solidified the poultry sub-segment's dominance in the feed additives market. 

Feed additives are substances added to animal feed to enhance its nutritional value, improve animal health, and boost overall performance. These additives can include vitamins, minerals, amino acids, enzymes, probiotics, prebiotics, antioxidants, and other compounds. The global feed additives market size is estimated to be valued at USD 42.2 billion in 2023 and is projected to reach USD 55.8 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.
Key factors driving the growth of the feed additives market include:
Rising Demand for Animal Protein: As global populations continue to grow, there is an increasing demand for animal protein, driving the need for efficient and sustainable animal farming practices.
Livestock Health and Performance: Feed additives play a crucial role in improving the health and performance of livestock. They help optimize growth rates, feed efficiency, and overall production.
Disease Prevention: Some feed additives are used to prevent and control diseases among animals, reducing the need for antibiotics and supporting overall animal welfare.
Government Regulations: Stringent regulations regarding the use of certain additives, especially antibiotics, have led to increased demand for alternative and more sustainable feed additives.
Technological Advancements: Ongoing research and development in the field of animal nutrition have led to the introduction of new and innovative feed additives designed to address specific nutritional needs and challenges.
Consumer Awareness: Growing consumer awareness and concerns about the quality of animal products, as well as the environmental impact of livestock farming, have contributed to the demand for feed additives that promote sustainable and ethical practices.
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Role of Feed Additives in Animal Nutrition:
Feed additives are substances added to animal feeds to enhance the quality and nutritional content of the feed, improve the performance and health of animals, and sometimes to meet specific production goals. These additives can include a wide range of substances, such as vitamins, minerals, amino acids, enzymes, antioxidants, probiotics, prebiotics, and other bioactive compounds.
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Major brands described:
Cargill, Incorporated (US), ADM (US), International Flavors & Fragrances, Inc. (US), Evonik Industries AG (Germany), BASF SE (Germany), DSM (Netherlands), Ajinomoto (Japan), Novozymes (Denmark), CHR. HANSEN (Denmark), and TEGASA (Spain) are among the key players in the global feed additives market. To increase their company's revenues and market shares, companies are focusing on launching new products, developing partnerships, and expanding their production facilities. The key strategies used by companies in the feed additives market include geographical expansion to tap the potential of emerging economies, strategic acquisitions to gain a foothold over the extensive supply chain, and new product launches as a result of extensive research and development (R&D) initiatives.

Feed additives market revenue is likely to surpass US$ 49.6 Billion by 2026. The global market is expected to rise at a CAGR of 5.5% from 2021 to 2026. The growth in consumption of animal-based products, growth in feed production, standardization of meat products owing to disease outbreaks, and implementation of innovative animal husbandry practices to improve meat quality have led to the increased consumption of feed additives. The European Commission defines feed additives as, “products used in animal nutrition for the purpose of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. 

Feed additives may not be put on the market unless authorization has been given, following a scientific evaluation demonstrating that the additive has no harmful effects on human and animal health and on the environment.” Globally shift towards natural growth promoters driving the demands for feed additives Antimicrobial compounds are commonly included in poultry diets for promoting growth and controlling diseases. The European Union banned feed-grade antibiotic growth promoters, owing to cross-resistance and due to the risk posed to the EU’s food safety and public health. Due to this, feed manufacturers are adopting new forms of natural feed additives apart from antibiotics with the help of new science. This new generation of growth enhancers includes botanical additives such as appropriate blends of herbs or plant extract.

 Herbs and plant extracts used as feed additives include different bio-active ingredients. These natural growth promoters predominantly include organic acids, probiotics, prebiotics, and so on. In addition to this, growing demands of feed additives from developing countries such as India, China, and Indonesia are also boosting the demand of feed additives. However, the growth of the market is restricted due to the stringent regulations in regions such as Europe and the price volatility of different feed additives.   Some of the key companies in feed additives market are ADM (US), Cargill (US), DSM (Netherlands), DuPont (US), Evonik (Germany), and BASF (Germany) amongst others. These players are actively investing into developments of novel feed additives ingredients developments and thus developing newer feed additives based on them. 

COVID 19 impact on Feed additives Market 

The impact of COVID-19 on the animal feed additives market directly corresponds to the condition of the HoReCa segment across the globe. In the pessimistic scenario, the hotel and tourism industry will continue to remain shut, and demand for meat and poultry products witness a decline, which shall negatively impact the feed additives market growth. Also, trade barriers between the countries may hinder export and will result in a shortage and price rise for feed additives. In the optimistic scenario, the COVID-19 wave is expected to subside, and the launch of effective vaccines will enable governments to lift lockdown or relax the social distancing norms. Declining mortality due to COVID-19 and immunization are some of the factors encouraging consumers to enjoy away-from-home food, which shall positively impact the market growth for the feed additives market.

According to MarketsandMarkets, the global feed additives market is estimated to be valued at USD 38.1 billion in 2021 and is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growth in consumption of animal-based products, growth in feed production, standardization of meat products owing to disease outbreaks, and implementation of innovative animal husbandry practices to improve meat quality have led to the increased consumption of feed additives. The European Commission defines feed additives as, “products used in animal nutrition for the purpose of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given, following a scientific evaluation demonstrating that the additive has no harmful effects on human and animal health and on the environment.” 

Globally shift towards natural growth promoters driving the demands for feed additives

 Antimicrobial compounds are commonly included in poultry diets for promoting growth and controlling diseases. The European Union banned feed-grade antibiotic growth promoters, owing to cross-resistance and due to the risk posed to the EU’s food safety and public health. Due to this, feed manufacturers are adopting new forms of natural feed additives apart from antibiotics with the help of new science. This new generation of growth enhancers includes botanical additives such as appropriate blends of herbs or plant extract. Herbs and plant extracts used as feed additives include different bio-active ingredients. These natural growth promoters predominantly include organic acids, probiotics, prebiotics, and so on. In addition to this, growing demands of feed additives from developing countries such as India, China, and Indonesia are also boosting the demand of feed additives. However, the growth of the market is restricted due to the stringent regulations in regions such as Europe and the price volatility of different feed additives. Some of the key companies in feed additives market are ADM (US), Cargill (US), DSM (Netherlands), DuPont (US), Evonik (Germany), and BASF (Germany) amongst others. These players are actively investing into developments of novel feed additives ingredients developments and thus developing newer feed additives based on them. The North America region is the second-largest region in the feed additives market in the forecast period North America is the second-largest region in the global feed additives market in the forecast period. The feed additives market in North America is majorly driven by the growth in livestock population in US and Mexico. The region witnesses high production and consumption of feed additives. The presence of major feed additive manufacturers such as Cargill (US), ADM (US), DuPont (US), Kemin Industries Inc. (US), and Alltech (US), further drives the market. The natural segment is projected to account for the second-largest share in the feed additives market during the forecast period By source, the feed additives market is segmented into synthetic and natural. Natural segment accounted for the second-largest market share in the overall feed additives market. The demand for natural feed additives is increasing due to the demand for higher-quality animal feed and rising concerns of end consumers about obtaining animal-based products.

According to MarketsandMarkets, the "Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2026" size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.

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Impact of COVID-19 on feed additives market

The outbreak of COVID-19 has brought serious medical, social, and economic challenges. Where the medical community is focused on developing successful diagnostic and medical treatment, the feed industry is also focused on manufacturing healthy products using for animals using feed additives to combat diseases by providing immune support.

Owing to the increasing COVID-19 pandemic outbreak in various regions/countries, the feed additives market in 2020 was observed to witness a decline due to the lockdowns in various countries, closure of the international borders, and delay in cross border transit that has led to supply chain hindrances. The social distancing and the other measures taken by the regional governments limit the number of people who can work together in small areas. Thus, the decline in 2020 in the feed additives market growth was mainly due to the major impact of the COVID-19 pandemic. Gradually, as the restrictions of the government measures are likely to relax, the market for feed additives would witness a slight increment in the upcoming years till 2026.

Key players in this market include Cargill (US), ADM (US), Dupont (US), Evonik (Germany), BASF (Germany), DSM (Netherlands), Ajinomoto (Japan), Novozymes (Denmark), Chr Hansen (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (US), Adisseo (France), Alltech (US), Palital Feed Additives B.V. (Netherlands), Global Nutrition International (France), Centafarm SRL (Italy), Bentoli (US), NUQO Feed Additives (France), and Novus International Inc. (US).

The key players are fixated upon improving their market shares, while their newer start-ups are being established rapidly in the market. The feed additives market can be classified as a competitive market as it has the presence of a large number of organized players, accounting for a major part of the market share, present at the global level, as well as unorganized players present at the local level in several countries. There are numerous existing and emerging companies, particularly in the Asian markets.

Cargill is involved in the manufacturing and marketing of food, agricultural, financial & industrial, and animal nutrition & protein products. The company offers feed ingredients through the animal nutrition business segment. Cargill’s animal nutrition provides feed additives through its brand, Promote for poultry, swine, beef, and dairy. It offers products such as probiotics, enzymes, antioxidants, and mycotoxin detoxifiers. The company operates across 70 countries with R&D centers in Europe, North America, and Latin America that provide services in various countries of Africa, Europe, Asia, Latin America, North America, and the Middle East to improve its global presence significantly.

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Archer Daniels Midland Company (ADM) is primarily engaged in the production of food ingredients, animal feed & feed ingredients, biofuels, and naturally-derived alternatives to industrial chemicals. The company operates through four business segments, namely, agriculture services and oilseeds, carbohydrate solutions, nutrition, and others. It offers feed additive products through its subsidiary ADM Animal Nutrition, Inc. (US). It offers specialty ingredients, premixes & blending, and feed products for animal health. ADM is identified as one of star players in the feed additives market as the company offers a wide range of products with its key focus on innovation in the market.

According to MarketsandMarkets, the "Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2026" size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.


The Asia Pacific region accounted for the largest share in the global market, in terms of value. The market in the region is driven by the presence of a large livestock population and their growth rate. Furthermore, the region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India and Japan. This increase in the number of feed mills in the region reflects the growth in feed production. The largest feed producer, China, contributes significantly to the region’s leading position, with Thailand and Indonesia being the emerging feed-producing countries, while India and Japan demonstrate constant growth in feed production.

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By livestock, the poultry segment is projected to grow with the highest CAGR in the global market during the forecast period

Based on livestock, the poultry segment is projected to be the largest and fastest-growing segment in the feed additives market. Growing concerns about animal health and consumer preferences for a specific color of yolk and meat has led to increasing demand for poultry feed additives.


By form, dry segment is projected to account for a larger share in the global market during the forecast period

By form, this market is segmented into dry and liquid. The dry form has a higher demand among livestock producers, as they are easy to mix with feed and are easy to store and handle. Its availability in pellet and mash forms further allows consumers to have options in terms of mixing techniques, which should support the growth of this segment.

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By source, synthetic segment is projected to grow fastest in the feed additives market during the forecast period

By source, the synthetic segment is anticipated to grow fastest over the forecast period. Easier availability of raw materials and lower production costs are the major factors driving the demand for the synthetic feed additives. Stronger market penetration than the natural segment will also ensure a higher growth rate for synthetic feed additives.

According to MarketsandMarkets, the “Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region – Global Forecast to 2026″ size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.

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Market DynamicsDrivers: Increase in demand and consumption of livestock-based products

An increase in demand and consumption of livestock-based products such as dairy & dairy-based products, meat, and eggs is expected to drive the usage of feed additives in feed for the growth and development of farm animals. Poultry meat is the primary driver for the growth of the overall meat production, owing to its high demand, low production cost, and lower product prices, both in developed and developing countries. Furthermore, owing to the increasing awareness about the role and dynamics of food nutrients, especially protein, on overall physical and mental growth and development, there is a growing trend toward animal-sourced protein in the form of either meat, eggs, or milk. This drives the usage of feed additives in feed as it increases its nutritional quality.

Restraints: Ban on antibiotics in different nations

An increase in raw material prices is a major challenge faced by feed manufacturers worldwide. Feed acids, antioxidants, and vitamins are extracted from natural sources such as seeds, tree barks, and plant leaves. The rising cost of extraction from these sources, coupled with stringent regulations for waste biomaterials and wastewater treatment, restrains the feed additives market growth. Availability of feed has become a critical issue for the industry. With the growing global population and the consequent rise in demand for food, the industry faces severe pressure in procuring raw feed such as corn, wheat, and barley. 

Opportunities: Shifting towards natural growth promoters

Antimicrobial compounds are commonly included in poultry diets for promoting growth and controlling diseases. The European Union banned feed-grade antibiotic growth promoters, owing to cross-resistance and also due to the risk posed to the EU’s food safety and public health. Due to this, feed manufacturers are adopting new forms of natural feed additives apart from antibiotics with the help of modern science. This new generation of growth enhancers includes botanical additives such as appropriate blends of herbs or plant extracts. Herbs and plant extracts used as feed additives include different bio-active ingredients such as alkaloids, bitters, flavonoids, glycosides, mucilage, saponins, and tannins. Therefore, there are various effects expected from herbs and plant extracts—they act on the appetite and intestinal microflora, thereby stimulating pancreatic secretions to increase endogenous enzyme activity and immune system. Many plant products and their constituents have broad antimicrobial activity and antioxidant & sedative properties.

Challenges: Sustainability of feed and livestock chain

The global feed industry is focusing on improving feed efficiency by improving the feed conversion rates for all major livestock and farmed fish species. The feed and livestock industries can achieve sustainability by developing a harmonized environmental footprint methodology, based on life cycle analysis, involving the entire chain. The development of common metrics can also help to calculate a broader range of resource efficiency indicators. Efficient usage of feed ingredients can support the reduction of the environmental impact of livestock farming through resource-efficient feed production. The use of co-products from other processing industries can reduce the pressure on land-grown crops.The Asia Pacific region accounted for the largest share in the global feed additives market, in terms of value. The market in the region is driven by the presence of a large livestock population and their growth rate. Furthermore, the region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India and Japan. This increase in the number of feed mills in the region reflects the growth in feed production. The largest feed producer, China, contributes significantly to the region’s leading position, with Thailand and Indonesia being the emerging feed-producing countries, while India and Japan demonstrate constant growth in feed production.

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Key players in this market include Cargill (US), ADM (US), Dupont (US), Evonik (Germany), BASF (Germany), DSM (Netherlands), Ajinomoto (Japan), Novozymes (Denmark), Chr Hansen (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (US), Adisseo (France), Alltech (US), Palital Feed Additives B.V. (Netherlands), Global Nutrition International (France), Centafarm SRL (Italy), Bentoli (US), NUQO Feed Additives (France), and Novus International Inc. (US).

According to MarketsandMarkets, the “Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region – Global Forecast to 2026″ size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. 

The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.The Asia Pacific region accounted for the largest share in the global market, in terms of value. The market in the region is driven by the presence of a large livestock population and their growth rate. 

Furthermore, the region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India and Japan. This increase in the number of feed mills in the region reflects the growth in feed production. The largest feed producer, China, contributes significantly to the region’s leading position, with Thailand and Indonesia being the emerging feed-producing countries, while India and Japan demonstrate constant growth in feed production.

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By livestock, the poultry segment is projected to grow with the highest CAGR in the global market during the forecast period

Based on livestock, the poultry segment is projected to be the largest and fastest-growing segment in the feed additives market. Growing concerns about animal health and consumer preferences for a specific color of yolk and meat has led to increasing demand for poultry feed additives.

By form, dry segment is projected to account for a larger share in the global market during the forecast period

By form, this market is segmented into dry and liquid. The dry form has a higher demand among livestock producers, as they are easy to mix with feed and are easy to store and handle. Its availability in pellet and mash forms further allows consumers to have options in terms of mixing techniques, which should support the growth of this segment.

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By source, synthetic segment is projected to grow fastest in the feed additives market during the forecast periodBy source, the synthetic segment is anticipated to grow fastest over the forecast period. Easier availability of raw materials and lower production costs are the major factors driving the demand for the synthetic feed additives. Stronger market penetration than the natural segment will also ensure a higher growth rate for synthetic feed additives.

According to MarketsandMarkets, the "Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2026" size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.


The Asia Pacific region accounted for the largest share in the global market, in terms of value. The market in the region is driven by the presence of a large livestock population and their growth rate. Furthermore, the region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India and Japan. This increase in the number of feed mills in the region reflects the growth in feed production. The largest feed producer, China, contributes significantly to the region’s leading position, with Thailand and Indonesia being the emerging feed-producing countries, while India and Japan demonstrate constant growth in feed production.

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By livestock, the poultry segment is projected to grow with the highest CAGR in the global market during the forecast period

Based on livestock, the poultry segment is projected to be the largest and fastest-growing segment in the feed additives market. Growing concerns about animal health and consumer preferences for a specific color of yolk and meat has led to increasing demand for poultry feed additives.


By form, dry segment is projected to account for a larger share in the global market during the forecast period

By form, this market is segmented into dry and liquid. The dry form has a higher demand among livestock producers, as they are easy to mix with feed and are easy to store and handle. Its availability in pellet and mash forms further allows consumers to have options in terms of mixing techniques, which should support the growth of this segment.

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By source, synthetic segment is projected to grow fastest in the feed additives market during the forecast period

By source, the synthetic segment is anticipated to grow fastest over the forecast period. Easier availability of raw materials and lower production costs are the major factors driving the demand for the synthetic feed additives. Stronger market penetration than the natural segment will also ensure a higher growth rate for synthetic feed additives.

According to MarketsandMarkets, the "Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2026" size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.


The Asia Pacific region accounted for the largest share in the global market, in terms of value. The market in the region is driven by the presence of a large livestock population and their growth rate. Furthermore, the region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India and Japan. This increase in the number of feed mills in the region reflects the growth in feed production. The largest feed producer, China, contributes significantly to the region’s leading position, with Thailand and Indonesia being the emerging feed-producing countries, while India and Japan demonstrate constant growth in feed production.

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By livestock, the poultry segment is projected to grow with the highest CAGR in the global market during the forecast period

Based on livestock, the poultry segment is projected to be the largest and fastest-growing segment in the feed additives market. Growing concerns about animal health and consumer preferences for a specific color of yolk and meat has led to increasing demand for poultry feed additives.


By form, dry segment is projected to account for a larger share in the global market during the forecast period

By form, this market is segmented into dry and liquid. The dry form has a higher demand among livestock producers, as they are easy to mix with feed and are easy to store and handle. Its availability in pellet and mash forms further allows consumers to have options in terms of mixing techniques, which should support the growth of this segment.

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By source, synthetic segment is projected to grow fastest in the feed additives market during the forecast period

By source, the synthetic segment is anticipated to grow fastest over the forecast period. Easier availability of raw materials and lower production costs are the major factors driving the demand for the synthetic feed additives. Stronger market penetration than the natural segment will also ensure a higher growth rate for synthetic feed additives.

The feed additives market is estimated at USD 38.1 Billion in 2021; it is projected to grow at a CAGR of 5.5% to reach USD 49.6 Billion by 2026.Asia Pacific accounted for the largest share; during the forecast period, in terms of volume and value, respectively. As per the statistical data-2019 from FAO, Asia Pacific has presence of large livestock population. In addition to this, the region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India and Japan.

The preservatives segment by type is projected to achieve the fastest growth in the feed additives market.

The preservatives is the fastest-growing segment type during the forecast period. The demand of the feed preservatives has been increased due to the rising focus of the feed manufacturer on extending the shelf of the feed. In past years, significant dietary changes have occurred in livestock breeding, which has resulted in the increased need and usage of feed preservatives such as mold inhibitors and anticaking agents.

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By livestock, the poultry segment is projected to account for the largest market share in the feed additives market.

The feed additive market, in terms of livestock method, was dominated by poultry. As per the key insights from the industry expert, the poultry segment is expected to dominate the global feed additives market in the forecasted period. The increase in the demand for poultry in the Asia Pacific region is expected to generate key revenues for the feed additive manufacturers.

The dry segment by form is projected to account for the largest market share of the feed additives market over the forecast period.

The dry segment is projected to account for the largest share. The segment has higher demand among livestock producers, as they are easy to mix with feed and are easy to store and handle. Pellet feed and crumble feed forms in the dry segment are mainly preferred in the feed additive market due to the benefits such as better digestibility, palatability , and better performace of livestock in the terms of feed conversion ratio.

Asia Pacific is projected to be the largest market.

Demand for feed additives has been growing in this region, due to increasing the increasing demand for meat and meat products, in accordance with the demand for poultry-rich meat diet. In addition to this, advancements in the feed industry in countries like China are expected to create a demand for the superior-quality feed will also boost the market in the projected years.

Key Market Players T

he key players in this market include ADM (US), Cargil (US), DSM (Netherlands), DuPont (US), BASF (Germany), and Evonik (Germany). These players in this market are focusing on increasing their presence through new product launches. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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 According to MarketsandMarkets, the "Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region - Global Forecast to 2026" size is estimated to be valued at USD 38.1 billion in 2021. It is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The growing consumption of livestock-based products and increasing feed manufacturers is driving the demand for feed additives.


The Asia Pacific region accounted for the largest share in the global market, in terms of value. The market in the region is driven by the presence of a large livestock population and their growth rate. Furthermore, the region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India and Japan. This increase in the number of feed mills in the region reflects the growth in feed production. The largest feed producer, China, contributes significantly to the region’s leading position, with Thailand and Indonesia being the emerging feed-producing countries, while India and Japan demonstrate constant growth in feed production.

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By livestock, the poultry segment is projected to grow with the highest CAGR in the global market during the forecast period

Based on livestock, the poultry segment is projected to be the largest and fastest-growing segment in the feed additives market. Growing concerns about animal health and consumer preferences for a specific color of yolk and meat has led to increasing demand for poultry feed additives.


By form, dry segment is projected to account for a larger share in the global market during the forecast period

By form, this market is segmented into dry and liquid. The dry form has a higher demand among livestock producers, as they are easy to mix with feed and are easy to store and handle. Its availability in pellet and mash forms further allows consumers to have options in terms of mixing techniques, which should support the growth of this segment.

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By source, synthetic segment is projected to grow fastest in the feed additives market during the forecast period

By source, the synthetic segment is anticipated to grow fastest over the forecast period. Easier availability of raw materials and lower production costs are the major factors driving the demand for the synthetic feed additives. Stronger market penetration than the natural segment will also ensure a higher growth rate for synthetic feed additives.