Global Animal Feed Ingredients Market Overview
Animal Feed Ingredients Market was valued at US$ 43.7 Billion in 2024 and is projected to grow at a CAGR of 26.40% to reach US$ 367.4 Billion by 2034.
Animal feed ingredient is the feed for the animals in the animal husbandry. The ingredient in the food increase the proteins in the feed to improve the intake capacity of animals. The protein intake of animal increases the value and volume of the animals. The animal feed ingredients include amino acids, important enzymes for feed, antioxidant, vitamins, minerals, blinders and other important ingredient. Animal feed ingredient increases the quality and quantity of the animals in the animal husbandry. The animal feeds are required in the poultry farms, to feed aquatic animals, to gain the more mass of swine, ruminants. To keep the pets and birds healthy the feed ingredient plays an important role.
Increasing requirement of feed to populace with a reasonable environmentally and healthy maintainable method has indicating to increasing need for protein products in animal feed to reach demand of protein uptake will have positive response on global animal feed ingredients market. For instance, according to The United Nations Food and Agriculture Organization (FAO) estimated that by the year 2050 the demand for food will increase by 60%. Animal feed ingredients receiving fame because of their capability to rise in nutrition value of the food product derived by animals which is the driving factor for the growth of global market. However, increasing price of raw material required to make animal feed ingredients which is the major restraining factor for the growth of target market.
The animal feed ingredients market is segmented based on additive type, form, livestock, and by region. On the basis of additive type, the global animal feed ingredients market is classified into amino acids, feed enzymes, and others (antibiotics, vitamins, minerals, antioxidants, and blinders). Based on form, the global market is bifurcated into dry and liquid. Also, on the basis of livestock the target market is classified as poultry, aquatic animal, and others (swine, ruminants, pets and birds). On the basis of region, the global animal feed ingredients market is categorized into North America, Europe, Asian Pacific, Latin America, and Middle East & Africa.
Asia Pacific region market dominates the global market in terms of revenue over the forecast period. This can be attributed to the high rate of adoption of the advanced technologies in the market studied. Presence of key players such as BASF SE, in the target market is also major factor for the growth of this region.
The key players operating the Animal Feed Ingredients market involves BASF SE, Cargill, Inc., Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Addcon Group, Aliphos Belgium S.A., Kemin Industries Inc., Koninklijke DSM N.V., and Phibro Animal Health Corporation. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Detailed Segmentation:
Animal Feed Ingredients Market, By Additive Type:
- Amino Acids
- Feed Enzymes
- Others (Antibiotics, Vitamins, Minerals, Antioxidants, and Blinders)
Animal Feed Ingredients Market, By Form:
- Dry
- Liquid
Animal Feed Ingredients Market, By Livestock:
- Poultry
- Aquatic Animal
- Others (Swine, Ruminants, Pets and birds)
Animal Feed Ingredients Market, By Region:
- North America
- Middle East & Africa
- Middle East & Africa Animal Feed Ingredients Market, By Additive Type
- Middle East & Africa Animal Feed Ingredients Market, By Form
- Middle East & Africa Animal Feed Ingredients Market, By Livestock
- Middle East & Africa Animal Feed Ingredients Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Latin America Animal Feed Ingredients Market, By Additive Type
- Latin America Animal Feed Ingredients Market, By Form
- Latin America Animal Feed Ingredients Market, By Livestock
- Latin America Animal Feed Ingredients Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- Asia Pacific Animal Feed Ingredients Market, By Additive Type
- Asia Pacific Animal Feed Ingredients Market, By Form
- Asia Pacific Animal Feed Ingredients Market, By Livestock
- Asia Pacific Animal Feed Ingredients Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Europe Animal Feed Ingredients Market, By Additive Type
- Europe Animal Feed Ingredients Market, By Form
- Europe Animal Feed Ingredients Market, By Livestock
- Europe Animal Feed Ingredients Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- North America Animal Feed Ingredients Market, By Additive Type
- North America Animal Feed Ingredients Market, By Form
- North America Animal Feed Ingredients Market, By Livestock
- North America Animal Feed Ingredients Market, By Country
- U.S.
- Canada
- Middle East & Africa
Company Profile:
- BASF SE *
- Company Overview
- Additive Type Portfolio
- Key Highlights
- Financial Performance
- Cargill, Inc.
- Archer Daniels Midland Company
- Evonik Industries AG
- Nutreco N.V.
- Addcon Group
- Aliphos Belgium S.A.
- Kemin Industries Inc.
- Koninklijke DSM N.V.
- Phibro Animal Health Corporation
“*” marked represents similar segmentation in other categories in the respective section
Global Animal Feed Ingredients Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Additive Type
- Market Snippet, By Form
- Market Snippet, By Livestock
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Animal Feed Ingredients Market, By Additive Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Amino Acids
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Feed Enzymes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others (Antibiotics, Vitamins, Minerals, Antioxidants, and Blinders)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Animal Feed Ingredients Market, By Form, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Dry
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Liquid
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Animal Feed Ingredients Market, By Livestock, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Poultry
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Aquatic Animal
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others (Swine, Ruminants, Pets and birds)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Animal Feed Ingredients Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Additive Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Livestock, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Additive Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Livestock, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Additive Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Livestock, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Additive Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Livestock, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Additive Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Livestock, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Cargill, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Archer Daniels Midland Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Evonik Industries AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Nutreco N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Addcon Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Aliphos Belgium S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Kemin Industries Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Koninklijke DSM N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Phibro Animal Health Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- BASF SE
-
- Section
- Research Methodology
- About Us
- Contact
FAQs
Animal Feed Ingredients Market accounted for US$ 40.74 billion in 2022 and is estimated to be US$ 59.2 billion by 2032 and is anticipated to register a CAGR of 3.6%.
The Animal Feed Ingredients Market is segmented based on Additive Type, Form, Livestock and Region.
The Animal Feed Ingredients Market is driven by factors such as the growing demand for high-quality animal products, increasing meat consumption, advancements in animal nutrition research, the need for specialized feeds, and the focus on sustainable and natural feed ingredients.
fluctuations in raw material prices, potential supply chain disruptions, concerns about the environmental impact of certain feed ingredients, regulatory considerations, and competition with alternative protein sources, acting as potential restraints for the Animal Feed Ingredients Market globally.
North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific is expected to dominate the Animal Feed Ingredients Market, driven by the growing livestock population and increasing meat consumption in countries like China and India. North America and Europe are also significant markets with a focus on advanced animal nutrition and sustainable practices. Latin America may witness substantial growth due to the expanding livestock industry in the region.
The prominent players operating in the Animal Feed Ingredients Market includes, BASF SE, Cargill, Inc., Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Addcon Group, Aliphos Belgium S.A., Kemin Industries Inc., Koninklijke DSM N.V., Phibro Animal Health Corporation, and others.