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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Middle East and Africa Feed Additives Market: By Product Type , By Species , By Formulation Type , and Country
Middle East and Africa Feed Additives Market: By Product Type , By Species , By Formulation Type , and Country
Middle East And Africa Feed Additives Market size was valued at US$ 662.8 million in 2023 and is expected to reach US$ 945.1 million by 2030, at a CAGR of 5.2% during the forecast period 2024 to 2030. Feed additives are the ingredients added in the production of animal feed to enhance the animal nutrition and improve the nutrition properties of animal fodder. These include grains, added vitamins, fats/oils, minerals, and other nutritional & energy sources. Feed additives are available in liquids, powders, and pellets and these are help to prevent the nutritional and vitamin deficiencies in animals. Feed additives are either chemical or neutral additives.
Increase in demand for the livestock meat coupled with the rise in health concerns among the population drive the Middle East and Africa feed additives market. Moreover, entry of market players into Middle East and Africa region with the launch of newer products, surge in economic growth rate in GCC countries, and rise in livestock farming are surge the Middle East and Africa feed additives market over the forecast years. However, lack of awareness about livestock diseases and feed additives in underdeveloped countries, high cost of feed and environmental factors leads to feed deterioration are deters the growth of Middle East and Africa feed additives market.
Geographically, Middle East and Africa feed additives market is segmented into Gulf Cooperation Council (GCC) countries, Israel, South Africa, and Rest of Middle East and Africa. Gulf Cooperation Council (GCC) countries feed additives market is poised to grow due to increase in the consumption of livestock products in Saudi Arabia, UAE, and other GCC countries, increase in the livestock farming, and adoption of newer products are bolster the market. South Africa feed additives market has prominent share attributed to lifestyle changes, increase in health conscious among the population, and increase in consumption of animal proteins are fuel the market. Israel feed additives market has a lucrative growth over the forecast period attributed to grow in disposable income, launching of newer products by market players, and grow in consumption of meat due to rise in population are upsurge the revenue of market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2023 |
US$ 662.8 million |
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Market Size in 2030 |
US$ 945.1 million |
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By Product Type |
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By Species |
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By Formulation Type |
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2023 is the base year and 2030 is the forecast year.
The Middle East and Africa Feed Additives Market Report data: (Middle East and Africa (MEA) GCC Countries South Africa Rest of MEA)
The Middle East and Africa Feed Additives Market key players are: Nutreco N.V. (The Netherlands) Koninklijke DSM N.V. (The Netherlands) Evonik Industries AG (Germany) Novozymes (Novo Holdings A/S) (Denmark) BASF SE (Germany) Kemin Industries (U.S) Archer Daniels Midland Company (U.S) Cargill Inc. (U.S)
| 1. Executive Summary |
| 2. Middle East And Africa Feed Additives Market Introduction |
| 2.1. Middle East And Africa Feed Additives Market - Taxonomy |
| 2.2. Middle East And Africa Feed Additives Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Species |
| 2.2.3.Formulation Type |
| 2.2.4.Region |
| 3. Middle East And Africa Feed Additives Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Middle East And Africa Feed Additives Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Middle East And Africa Feed Additives Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Antibiotics |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Antioxidants |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Acidifiers |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Vitamins and minerals |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Enzymes |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Amino acids |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Binders |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Middle East And Africa Feed Additives Market By Species, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Poultry |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Swine |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Aquatic |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Ruminants |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Middle East And Africa Feed Additives Market By Formulation Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Liquids |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Solids |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Middle East And Africa Feed Additives Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Middle East and Africa (MEA) |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. GCC Countries |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. South Africa |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Rest of MEA |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Competition Landscape |
| 9.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 9.2.1.Nutreco N.V. (The Netherlands) |
| 9.2.2.Koninklijke DSM N.V. (The Netherlands) |
| 9.2.3.Evonik Industries AG (Germany) |
| 9.2.4.Novozymes (Novo Holdings A/S) (Denmark) |
| 9.2.5.BASF SE (Germany) |
| 9.2.6.Kemin Industries (U.S) |
| 9.2.7.Archer Daniels Midland Company (U.S) |
| 9.2.8.Cargill Inc. (U.S) |
| 10. Research Methodology |
| 11. Appendix and Abbreviations |
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.