Global Compound Feeds and Additives Market, By Type (Pellets Feeds and Additives, Powder Feeds and Additives, Liquid Feeds and Additives, Others), Compound Feed (Cattle Feed, Poultry Feed, Swine Feed, Aqua Feed, Pet Food), Feed Additives Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors and Sweeteners, Minerals, Antioxidants, Non-protein nitrogen, Phytogenics, Preservatives, Probiotics), Livestock (Ruminants, Poultry, Swine, Aquatic animal, Others), Form (Dry, Liquid), Source (Synthetic, Natural) - Industry Trends and Forecast to 2023 to 2030.
Compound Feeds and Additives Market Analysis and Size
The essential factors contributing to the growth of the global compound feeds and additives market in the forecast period of 2023 to 2020 include factors such as the upsurge in the need and ingestion of the livestock-based products, the development in the feed production, the increase in the alertness about the feed quality, the standardization of the meat products because of the disease outbreaks, and the application of the advanced animal husbandry practices to improvise the meat quality.
Data Bridge Market Research analyses that the global compound feeds and additives market which was USD 42.25 billion in 2022, is expected to reach USD 59.88 billion by 2030, growing at a CAGR of 5.7% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Pellets Feeds and Additives, Powder Feeds and Additives, Liquid Feeds and Additives, Others), Compound Feed (Cattle Feed, Poultry Feed, Swine Feed, Aqua Feed, Pet Food), Feed Additives Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors and Sweeteners, Minerals, Antioxidants, Non-protein nitrogen, Phytogenics, Preservatives, Probiotics), Livestock (Ruminants, Poultry, Swine, Aquatic animal, Others), Form (Dry, Liquid), Source (Synthetic, Natural) |
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Countries Covered |
U.S., Canada and Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America |
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Market Players Covered |
Hi-Pro Feeds LP (Canada), Kent Corporation (U.S.), Alltech (U.S.), Prestage Farms (U.S.), Mercer Milling Company, Inc. (U.S.), Kalmbach Media Co. (U.S.), Tyson Foods, Inc. (U.S.), Alan Ritchey, Inc. (U.S.), LMF FEEDS, INCORPORATED (U.S.), STAR MILLING CO (U.S.), White Oak Mills (U.S.), The Wenger Group (U.S.), Orangeburg Milling Company (U.S.), Cargill, Incorporated (U.S.), Purina Animal Nutrition LLC (U.S.), DuPont (U.S.), ADM (Archer Daniels Midland Company) (U.S.), Evonik Industries AG (Germany), BASF SE (Germany), DSM (Netherlands), Solvay (Belgium), AJINOMOTO CO., INC. (Japan), Novozymes (Denmark), Chr. Hansen Holding A/S (Denmark), INVIVO THERAPEUTICS (U.S.), Nutreco N.V. (Netherlands), Kemin Industries, Inc. (U.S.), Adisseo (France) |
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Market Opportunities |
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Market Definition
Compound feed is a combination of several raw materials and food additives that are combined and assorted to meet the precise necessities of animals. Feed additive is an enhancement that is organised for the farm animals, in order to deliver them with adequate nutrient content.
Global Compound Feeds and Additives Market Dynamics
Drivers
- Increasing meat consumption
Rising incomes and urbanization in many parts of the world have led to increased consumption of meat and other animal-derived products, further boosting the demand for compound feeds for livestock.
- Rising focus on animal health and welfare
Consumer awareness of animal health and welfare has increased, leading to a demand for feed additives that promote animal well-being and reduce the need for antibiotics or other medications. Compound feeds and additives play a critical role in improving the efficiency of animal production. They help optimize feed conversion ratios, growth rates, and overall productivity.
Opportunity
- Sustainability and environmental concerns
Increasing awareness of the environmental impact of animal agriculture has led to a demand for sustainable feeds and additives that reduce greenhouse gas emissions and resource consumption. The need to ensure the safety and quality of animal products, such as meat and dairy, drives the adoption of additives that can reduce contamination and enhance product safety.
Restraints/Challenges
- Volatility in prices
Fluctuations in the prices of key feed ingredients, such as grains, soybeans, and fishmeal, can impact the overall cost of producing compound feeds, potentially reducing profit margins. Moreover, economic downturns and fluctuations can influence consumer spending on animal products, affecting the demand for compound feeds and additives.
- Supply chain disruptions
Events such as natural disasters, trade disputes, and global pandemics can disrupt the supply chain for feed ingredients, affecting the availability and cost of raw materials. In addition, climate-related challenges, such as droughts and extreme weather events, can impact the availability and cost of feed ingredients, leading to feed price volatility.
This compound feeds and additives market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the compound feeds and additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In September 2020, BASF SE has offered an alternative to formaldehyde in animal-feed hygiene enhancement. That substitute is a formic acid called Amasil. Produced by BASF SE, Amasil supports vital animal performance through optimal feed hygiene, and controls pathogens, such as salmonella, without the safety concerns.
Global Compound Feeds and Additives Market Scope
The global compound feeds and additives market is segmented based on type, compound feed, feed additives type, livestock, form and source. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Pellets Feeds and Additives
- Powder Feeds and Additives
- Liquid Feeds and Additives
- Others
Compound Feed
- Cattle Feed
- Forages
- Concentrates
- Poultry Feed
- Broiler Feed
- Layer Feed
- Swine Feed
- Aqua Feed
- Fish Meal
- Fish Oil
- Pet Food
Feed Additive Type
- Amino Acids
- Phosphates
- Vitamins
- Acidifiers
- Carotenoids
- Enzymes
- Mycotoxin Detoxifiers
- Flavors and Sweeteners
- Minerals
- Antioxidants
- Non-protein nitrogen
- Phytogenics
- Preservatives
- Probiotics
Livestock
- Ruminants
- Poultry
- Swine
- Aquatic animal
- Others
Form
- Dry
- Liquid
Source
- Synthetic
- Natural
Global Compound Feeds and Additives Market Regional Analysis/Insights
The compound feeds and additives market is analyzed and market size insights and trends are provided by country, of type, compound feed, feed additives type, livestock, form and source as referenced above.
The countries covered in the Global compound feeds and additives market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and rest of South America as part of South America.
Asia-Pacific is expected to dominate and show high growth rate in the compound feeds and additives market because of the occurrence of the large livestock population and growth. Furthermore, the upsurge in the number of the feed mills in the region which reproduces the growth in feed production which in turn is anticipated to further propel the growth of the compound feeds and additives market in the region during the forecast period 2023-30.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Compound Feeds and Additives Market Share Analysis
The global compound feeds and additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to compound feeds and additives market.
Some of the major players operating in the global compound feeds and additives market are:
- Hi-Pro Feeds LP (Canada)
- Kent Corporation (U.S.)
- Alltech (U.S.)
- Prestage Farms (U.S.)
- Mercer Milling Company, Inc. (U.S.)
- Kalmbach Media Co. (U.S.)
- Tyson Foods, Inc. (U.S.)
- Alan Ritchey, Inc. (U.S.)
- LMF FEEDS, INCORPORATED (U.S.)
- STAR MILLING CO (U.S.)
- White Oak Mills (U.S.)
- The Wenger Group (U.S.)
- Orangeburg Milling Company (U.S.)
- Cargill, Incorporated (U.S.)
- Purina Animal Nutrition LLC (U.S.)
- DuPont (U.S.)
- ADM (Archer Daniels Midland Company) (U.S.)
- Evonik Industries AG (Germany)
- BASF SE (Germany)
- DSM (Netherlands)
- Solvay (Belgium)
- AJINOMOTO CO., INC. (Japan)
- Novozymes (Denmark)
- Chr. Hansen Holding A/S (Denmark)
- INVIVO THERAPEUTICS (U.S.)
- Nutreco N.V. (Netherlands)
- Kemin Industries, Inc. (U.S.)
- Adisseo (France)
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