Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
| 2022 –2029 | |
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USD 37.90 Million |
| USD 52.15 Million | |
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Global Feed Supplements Market, By Type (Protein, Vitamin, Amino Acid, Fatty Acid, Minerals, Others), Form (Dry, Liquid, Others), Livestock (Ruminants, Poultry, Swine, Aquaculture, Others) - Industry Trends and Forecast to 2030.
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Increasing meat consumption is the vital factor escalating the market growth, also rising dairy industry, rising consumption of egg, increasing awareness about animal health and feed quality, rising availability of liquid by-products from numerous industries, rising solution to poor pasture, increasing adoption of intensive farming system, rising research and development activities related to animal feed, increasing preference for food with high nutrition content along with increasing focus towards investments and innovations and rising low cost and easy availability of raw materials helps in reducing overall product cost which collectively acts as the major factors among others driving the growth of feed supplements market. Moreover, rising market opportunities in Asia-Pacific and Latin America and rising research and technological advancements in the feed Industry will further create new opportunities for feed supplements market in the forecast period.
However, rising regulatory structure and interventions and rising loss of synthetic amino acids during storage of liquid feeds are the major factors among others acting as restraints, while varying consumers’ requirement and high water and salt content of by-products will further challenge the growth of feed supplements market in the forecast period.
Data Bridge Market Research analyzes that the feed supplements market which was USD 37.90 billion in 2022, is likely to reach USD 52.15 billion by 2030, and is expected to undergo a CAGR of 5.2% during the forecast period of 2023 to 2030. “Poultry” dominates the livestock segment of the feed supplements market due to high consumption, efficient conversion, rapid growth, disease management, and global demand. 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
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Kilo Tons, Pricing in USD
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Segments Covered
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Type (Protein, Vitamin, Amino Acid, Fatty Acid, Minerals, Others), Form (Dry, Liquid, Others), Livestock (Ruminants, Poultry, Swine, Aquaculture, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa
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Market Players Covered
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Cargill, Incorporated (U.S.), BASF SE (Germany), ADM - Archer Daniels Midland Company (U.S.), Land O’Lakes, Inc. (U.S.), Graincorp Ltd (Australia), Ridley Corporation Limited (Australia), Quality Liquid Feeds (U.S.), Performance Feeds (U.S.), WESTWAY FEED PRODUCTS (U.S.), Dallas Keith Ltd. (U.K.), Cattle-Lac Liquids Inc (U.S.), Bundaberg Molasses (Australia), Plains States Commodities, LLC. (U.S.), Animax Pharma Pvt. Ltd. (India), Cure Up Pharma. (India), Midwest Liquid Feeds, LLC (U.S.), CowBos (U.S.), Chaitanya Biologicals Pvt. Ltd. (India), Yara (Norway), and Hubbard Feeds (U.S.).
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Market Opportunities
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Market Definition
Feed supplements, in the context of end-user industries like animal agriculture, encompass nutritional additives and specialized formulations. They are crucial tools applied to a variety of animal species, including poultry, cattle, swine, aquaculture, and more, to achieve distinct objectives. These purposes involve fostering accelerated growth, refining feed conversion efficiency, bolstering immune health, managing and preventing diseases, rectifying nutritional imbalances in animal diets, and enhancing reproductive performance.
Furthermore, these supplements play a pivotal role in promoting economic efficiency by improving livestock performance and reducing production expenses. In essence, feed supplements are essential for optimizing animal nutrition, ensuring the vitality and well-being of livestock, and fulfilling the escalating global demand for animal-derived products in the food supply chain.
Drivers
The global feed supplements market is driven by the expanding livestock industry, particularly in emerging economies. As income levels rise and urbanization increases, there's greater demand for animal-based products like meat, dairy, and eggs. This necessitates the use of feed supplements to enhance livestock health and productivity.
Increasing awareness about the importance of balanced animal nutrition is propelling the demand for feed supplements. Farmers and livestock producers are realizing the significance of providing animals with essential nutrients such as protein, vitamins, and minerals to improve growth rates, feed efficiency, and overall health.
Advances in feed supplement formulation and production techniques are driving market growth. These innovations allow for the creation of more targeted and effective supplements, addressing specific nutritional needs of different livestock segments. Technology also aids in quality control, ensuring safer and more consistent supplements.
Restraints
Stringent regulations and quality standards in different regions can pose challenges for feed supplement manufacturers. Compliance with various regulations, labeling, and safety standards adds complexity and cost to product development and distribution.
Feed supplements often rely on raw materials like grains, minerals, and vitamins. Price fluctuations in these commodities can impact the cost of manufacturing feed supplements, potentially affecting their affordability and competitiveness.
Opportunities
The trend towards sustainable and eco-friendly farming practices presents an opportunity for green feed supplements. Consumers are increasingly concerned about the environmental impact of livestock farming, creating a market for supplements derived from renewable sources and emphasizing sustainability.
Tailoring feed supplements to meet the unique dietary requirements of specific livestock groups is an emerging opportunity. Personalized nutrition can optimize animal health and productivity, potentially leading to healthier and more efficient livestock farming.
Challenges
The feed supplements market is highly competitive, with numerous manufacturers vying for market share. Standing out in a crowded market and ensuring product differentiation can be challenging.
Negative public perception regarding the use of supplements in animal agriculture, especially if misused or overused, poses a challenge. Maintaining consumer trust and ensuring responsible supplement use is essential for the industry's long-term sustainability.
This feed supplements market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyzes 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 feed supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
The feed supplements market is segmented on the basis of type, form, and livestock. 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
Form
Livestock
The feed supplements market is analyzed and market size insights and trends are provided by country, type, form, and livestock as referenced above.
The countries covered in the feed supplements market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific in Asia-Pacific, and U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and the rest of the Middle East and Africa in Middle East and Africa.
Asia-Pacific is expected to dominate the feed supplements market due to the increasing awareness regarding animal health and feed quality, rising consumption of meat and dairy products, rising adoption of intensive farming systems, increasing favorable government initiatives concerning pet health and animal welfare and increasing adoption of liquid feed and molasses for livestock in developing countries such as China and India in this region during the forecast period.
North America is expected to witness the fastest growth during the forecast period due to the growth in protein liquid feed supplements market because of stringent regulations related to use of chemical feed additives and rising changes in dietary preferences and usage of intensive farming systems in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
The feed supplements market competitive landscape provides details by competitors. 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 the feed supplements market.
Some of the major players operating in the feed supplements market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Feed Supplements Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Feed Supplements Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.