Animal Nutrition Market: By Product Type, Species, By Application and Geography

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Animal Nutrition Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Amino Acids, Carotenoids, Enzymes, Eubiotics, Fish Oils and Nutrition Lipids, Minerals, Vitamins, Other Product Types), Species (Pets, Poultry, Ruminants, Swine, Other Species), By Application (Animal Feed Manufacturers, Farms, Households, Veterinarians, Other Applications) and Region

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Animal Nutrition Market size was valued at US$ 12.4 billion in 2023 and is expected to grow at a CAGR of 6.2% from 2024-2030. According to the United Nations Food and Agriculture Organization, the world population will exceed 9 billion by 2050, posing food difficulties. pet food security is a crucial goal due to the depletion of arable land as a result of industrialization, and animal products are one of the most important ways to achieve it. Economic growth has put pressure on the livestock sector to produce more efficiently with limited resources while also supporting almost 1.3 billion people's income and food security.

Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The market report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. 

Animal Nutrition Market Key Developments:

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Animal Nutrition Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.2%

Largest Market

Asia Pacific

Fastest Growing Market

North America

Animal Nutrition Market Dynamics

Surge in population, adoption of the pets, rise in care and concern of the animals health is witnessed to rise in demand for nutritious animal feed. Increasing demand for chicken across the globe, rising poultry farms are expected to create demand for animal nutrition. The trend towards the protein lean animal diet, rise in consumption of meat, poultry and dairy products around the world is expected to stipulate the growth of market. On the other side, rise in the cost of feed, limited awareness is expected to hinder the growth of the market.

Animal Nutrition Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 12.4 billion

Market CAGR

6.2%

By Type

  • Amino Acids
  • Carotenoids
  • Enzymes
  • Eubiotics
  • Fish Oils and Nutrition Lipids
  • Minerals
  • Vitamins
  • Other product types

By Species

  • Pets
  • Poultry
  • Ruminants
  • Swine
  • Other Species

By Application

  • Animal Feed Manufacturers
  • Farms
  • Households
  • Veterinarians
  • Other Applications

Key Features of the Report

  • The animal nutrition market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The animal nutrition market size was valued at US$ 12.4 billion in 2023 and is expected to grow at a CAGR of 6.2% from 2024-2030

Cargill, Inc. (U.S.), Adisseo France S.A.S (France), Archer Daniels Midland Co. (US), Bactolac Pharmaceutical, Inc. (US), BASF SE (Germany)

Asia Pacific is the fastest-growing region for animal nutrition market

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
2. Global Animal Nutrition Market Introduction
2.1. Global Animal Nutrition Market Taxonomy
2.2. Global Animal Nutrition Market Definitions
2.2.1. Product
2.2.2. Species
2.2.3. Application
3. Global Animal Nutrition Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Animal Nutrition Market Dynamic Factors - Impact Analysis
3.6. Global Animal Nutrition Market Competition Landscape
4. Global Animal Nutrition Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Animal Nutrition Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Amino Acids
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Carotenoids
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Enzymes
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Eubiotics
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Fish Oils and Nutrition Lipids
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Minerals
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Vitamins
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
5.8. Other Product Types
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.8.3. Market Opportunity Analysis
6. Global Animal Nutrition Market Forecast, By Species, 2019 - 2023 and Forecast, 2024 - 2030
6.1. Pets
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Poultry
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Ruminants
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Swine
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Other Species
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Animal Nutrition Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Animal Feed Manufacturers
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Farms
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Households
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Veterinarians
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Other Applications
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Animal Nutrition Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Animal Nutrition Market - Opportunity Analysis Index, By Product, Species, Application, and Region, 2024 - 2030
9. North America Animal Nutrition Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Amino Acids
9.1.2. Carotenoids
9.1.3. Enzymes
9.1.4. Eubiotics
9.1.5. Fish Oils and Nutrition Lipids
9.1.6. Minerals
9.1.7. Vitamins
9.1.8. Other product types
9.2. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Pets
9.2.2. Poultry
9.2.3. Ruminants
9.2.4. Swine
9.2.5. Other Species
9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Animal Feed Manufacturers
9.3.2. Farms
9.3.3. Households
9.3.4. Veterinarians
9.3.5. Other Applications
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. U.S.
9.4.2. Canada
9.5. North America Animal Nutrition Market - Opportunity Analysis Index, By Product, Species, Application, and Country, 2024 - 2030
9.6. North America Animal Nutrition Market Dynamics – Trends
10. Europe Animal Nutrition Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Amino Acids
10.1.2. Carotenoids
10.1.3. Enzymes
10.1.4. Eubiotics
10.1.5. Fish Oils and Nutrition Lipids
10.1.6. Minerals
10.1.7. Vitamins
10.1.8. Other product types
10.2. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Pets
10.2.2. Poultry
10.2.3. Ruminants
10.2.4. Swine
10.2.5. Other Species
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Animal Feed Manufacturers
10.3.2. Farms
10.3.3. Households
10.3.4. Veterinarians
10.3.5. Other Applications
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Animal Nutrition Market - Opportunity Analysis Index, By Product, Species, Application, and Country, 2024 - 2030
10.6. Europe Animal Nutrition Market Dynamics – Trends
11. Asia-Pacific Animal Nutrition Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Amino Acids
11.1.2. Carotenoids
11.1.3. Enzymes
11.1.4. Eubiotics
11.1.5. Fish Oils and Nutrition Lipids
11.1.6. Minerals
11.1.7. Vitamins
11.1.8. Other Product Types
11.2. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Pets
11.2.2. Poultry
11.2.3. Ruminants
11.2.4. Swine
11.2.5. Other Species
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Animal Feed manufacturers
11.3.2. Farms
11.3.3. Households
11.3.4. Veterinarians
11.3.5. Other Applications
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Animal Nutrition Market - Opportunity Analysis Index, By Product, Species, Application, and Country, 2024 - 2030
11.6. Asia-Pacific Animal Nutrition Market Dynamics – Trends
12. Latin America Animal Nutrition Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Amino Acids
12.1.2. Carotenoids
12.1.3. Enzymes
12.1.4. Eubiotics
12.1.5. Fish oils and Nutrition lipids
12.1.6. Minerals
12.1.7. Vitamins
12.1.8. Other product types
12.2. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Pets
12.2.2. Poultry
12.2.3. Ruminants
12.2.4. Swine
12.2.5. Other Species
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Animal Feed Manufacturers
12.3.2. Farms
12.3.3. Households
12.3.4. Veterinarians
12.3.5. Other Applications
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Animal Nutrition Market - Opportunity Analysis Index, By Product, Species, Application, and Country, 2024 - 2030
12.6. Latin America Animal Nutrition Market Dynamics – Trends
13. Middle East and Africa Animal Nutrition Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Amino Acids
13.1.2. Carotenoids
13.1.3. Enzymes
13.1.4. Eubiotics
13.1.5. Fish Oils and Nutrition Lipids
13.1.6. Minerals
13.1.7. Vitamins
13.1.8. Other Product Types
13.2. Species Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Pets
13.2.2. Poultry
13.2.3. Ruminants
13.2.4. Swine
13.2.5. Other Species
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Animal feed manufacturers
13.3.2. Farms
13.3.3. Households
13.3.4. Veterinarians
13.3.5. Other Applications
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Animal Nutrition Market - Opportunity Analysis Index, By Product, Species, Application, and Country, 2024 - 2030
13.6. MEA Animal Nutrition Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Species & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Evonik
14.2.2. Novus International
14.2.3. CJ Group
14.2.4. DSM
14.2.5. Trouw Nutrition
14.2.6. Alltech
14.2.7. BASF
14.2.8. Kemin Industries
14.2.9. Sumitomo Chemical
14.2.10. Global Bio-Chem
14.2.11. ADM
14.2.12. Biomin
14.2.13. Novozymes
14.2.14. Lonza
14.2.15. DuPont
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Nutreco N.V. (The Netherlands)
  • Cargill, Inc. (U.S.)
  • Koninklijke DSM N.V. (The Netherlands)
  • Archer Daniels Midland Company (U.S.)
  • InVivo Nutrition Et Sante Animales (France)
  • Adisseo France S.A.S (France)
  • Archer Daniels Midland Co. (US)
  • Bactolac Pharmaceutical, Inc. (US)
  • BASF SE (Germany)
  • DSM Nutritional Products Ltd. (Switzerland)

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