Animal Feed Supplements are enzyme supplements, phosphate, calcium and trace mineral mixtures that can be given to grazing animals during the dry or rainy season. These animal feed supplements can be mixed with fodder and have an extra shelf life.
Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes 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.
At present, the major leader manufacturers of animal nutrition are concentrated in Asia Pacific and Europe. Evonik is the world leader, only holding 3.31% sales market share in 2018. But, Evonik hold 4.42% global revenue market share. In addition, Adisseo, Novus International, CJ Group, DSM, Meihua Group and Kemin Industries are also the main market leader.China was one of the largest regional market for feed additives, with revenue exceeding USD 10 billion in 2018. It is further expected still to grow due to downstream demand. In the past time, the global feed market has maintained a more stable growth rate. Africa, Europe, Latin America have maintained a rapid growth rate. The North American market is stagnant. In the foreseeable future, the growth of this industry mainly comes from the growth of these areas.In application, animal feed supplements downstream is wide and recently animal nutrition has acquired increasing significance in various fields of poultry feeds, ruminant feeds, pig feeds and other feeds. Globally, the animal nutrition market is mainly driven by growing demand for poultry feeds which held nearly 47% of total downstream consumption of animal nutrition.
Global Animal Feed Supplements market size will increase to 64790 Million US$ by 2025, from 54160 Million US$ in 2018, at a CAGR of 2.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Animal Feed Supplements.
This report researches the worldwide Animal Feed Supplements market size (value, capacity, production and consumption) in key regions like North America, Europe, China, Japan, South Korea, South America, India and Southeast Asia.
This study categorizes the global Animal Feed Supplements breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter\'s Five Forces Analysis.
The following manufacturers are covered in this report:
Animal Feed Supplements Breakdown Data by Type
In 2018, Minerals accounted for a major share of 54% in the global Animal Feed Supplements market. And this product segment is poised to reach a volume of 22751.8 K MT by 2025 from 19324.2 K MT in 2018.
Animal Feed Supplements Breakdown Data by Application
In Animal Feed Supplements market, Poultry Feeds segment holds an important share in terms of application, and it is expected to reach a volume of 19905.7 (K MT) by 2025, at a CAGR of 2.54% during 2018 and 2025. It means that Animal Feed Supplements will be promising in the Poultry Feeds field in the next couple of years.
Animal Feed Supplements Production Breakdown Data by Region
Animal Feed Supplements Consumption Breakdown Data by Region
Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Animal Feed Supplements capacity, production, value, consumption, status and forecast;
To focus on the key Animal Feed Supplements manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Animal Feed Supplements :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.