- Binders
- Minerals
- Vitamins
- Flavours and Sweeteners
- Antioxidants
- Acidifiers
- Enzymes
- Carbohydrates
- Others
Specialty Feed Additives Market size was valued at USD 38.5 billion in 2022 and is poised to grow at a CAGR of 5.3% from 2023-2029. Market for Specialty Feed Additives has seen a surge in the use of animal products and a higher rate of meat consumption. Furthermore, the introduction of new technology in animal husbandry and the significant impact of animals on the environment are propelling the Specialty Feed Additives Market forward. The Global Market study offers a comprehensive analysis of the industry. The research includes a detailed analysis of key segments, trends, drivers, constraints, the competitive landscape, and other important market variables. Supplements of extra nutrients or medications used in livestock healthcare feed are known as specialty feed additives. Vitamins, fatty acids, minerals, and amino acids, as well as fungal and steroidal substances, are among these supplements. Specialty feed additives can help to boost productivity, animal health, and efficiency. Improved feed efficiency and average daily gain are two benefits of specialist feed additives. Bloat, acidity, and coccidiosis are all reduced by some speciality feed additives. Other feed additives are used to inhibit estrus, prevent foot rot, reduce liver abscesses, and control parasites, among other things. Rumen Fermentation Modifiers such as Ionospheres, Buffers, Yeast Cultures, and Bloat Prevention Aid are examples of speciality feed additives. Animal Health Products such as Fly Control, Worm Control, and Antibiotics for Disease Control, as well as Nutrient Repartitioning Agents such as Beta-agonist. The speciality feed sector offers a number of premix solutions that allow cattle producers to safely and successfully use feed additives. Products are frequently blended directly into feed. Feed additives come in a variety of forms, including cubes, pellets, blocks, and loose minerals, depending on the type of feed additive. Feed additives cannot be commercialised unless they have been approved by the FDA after a scientific review establishing that they are safe for the environment, animals, and humans.
Specialty Feed Additives Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.3%
Largest Market
Asia Pacific
Fastest Growing Market
Europe
Specialty Feed Additives Market Dynamics
Specialty feed additives are feed supplements intended for farm animals. Specialty feed additives will enhance the taste and palatability of animal feed which in turn leads to the proper intake of feed by livestock and improves the health and wellbeing of animals. Rise in consumption of meat, rise in consumption of poultry and dairy products, growing concern on the outbreak of the animal diseases, surge in demand for quality of animal feed is anticipated to drive the growth of specialty feed additives market. Furthermore, growing domestic and international quick service restaurants in developing countries and demand for quality meat products by consumers, growing appetite for high-protein diets have positively influenced livestock production are expected to propel demand for specialty feed additives market. However lack of awareness, high prices of raw materials and cost of the products may hinder the specialty feed additives market.
Asia-Pacific Got Significant Share
Specialty Feed Additives Market Regional Analysis
Specialty Feed Additives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa regions. Asia pacific dominates the global with high growth potential owing to demographical changes like increase in urbanisation, rise in income, changes in lifestyles, increased convenience food consumption, consumption of meat and aquatic products, improved technological advancements in meat processing industries and increase in livestock accelerated growth in emerging countries of Asia pacific. Europe is expected to offer healthy growth opportunities due to high meat consumption, demand for quality of meat.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- 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
Specialty Feed Additives Market Segmentation
By Type
By Form
- Powders
- Liquids
- Pellets
By Animal
- Poultry
- Aquatic
- Canine
- Equine
- Swine
- Ovine
- Bovine
Frequently Asked Questions
The specialty feed additives market size was valued at USD 38.5 billion in 2022
The specialty feed additives market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Europe is the fastest-growing for specialty feed additives market
| 1. Executive Summary |
| 2. Global Specialty Feed Additives Market Introduction |
| 2.1.Global Specialty Feed Additives Market - Taxonomy |
| 2.2.Global Specialty Feed Additives Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Form |
| 2.2.3.Animal |
| 2.2.4.Region |
| 3. Global Specialty 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. Global Specialty Feed Additives Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Specialty Feed Additives Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Binders |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Minerals |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Vitamins |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Flavours and Sweeteners |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Antioxidants |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Acidifiers |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Enzymes |
| 5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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 |
| 5.8. Carbohydrates |
| 5.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 5.9. Others |
| 5.9.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.9.3. Market Opportunity Analysis |
| 6. Global Specialty Feed Additives Market By Form, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Powders |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Liquids |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Pellets |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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 |
| 7. Global Specialty Feed Additives Market By Animal, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Poultry |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Aquatic |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Canine |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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 |
| 7.4. Equine |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Swine |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Ovine |
| 7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Bovine |
| 7.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8. Global Specialty Feed Additives Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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 |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Specialty Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Binders |
| 9.1.2.Minerals |
| 9.1.3.Vitamins |
| 9.1.4.Flavours and Sweeteners |
| 9.1.5.Antioxidants |
| 9.1.6.Acidifiers |
| 9.1.7.Enzymes |
| 9.1.8.Carbohydrates |
| 9.1.9.Others |
| 9.2. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Powders |
| 9.2.2.Liquids |
| 9.2.3.Pellets |
| 9.3. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Poultry |
| 9.3.2.Aquatic |
| 9.3.3.Canine |
| 9.3.4.Equine |
| 9.3.5.Swine |
| 9.3.6.Ovine |
| 9.3.7.Bovine |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Specialty Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Binders |
| 10.1.2.Minerals |
| 10.1.3.Vitamins |
| 10.1.4.Flavours and Sweeteners |
| 10.1.5.Antioxidants |
| 10.1.6.Acidifiers |
| 10.1.7.Enzymes |
| 10.1.8.Carbohydrates |
| 10.1.9.Others |
| 10.2. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Powders |
| 10.2.2.Liquids |
| 10.2.3.Pellets |
| 10.3. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Poultry |
| 10.3.2.Aquatic |
| 10.3.3.Canine |
| 10.3.4.Equine |
| 10.3.5.Swine |
| 10.3.6.Ovine |
| 10.3.7.Bovine |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Specialty Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Binders |
| 11.1.2.Minerals |
| 11.1.3.Vitamins |
| 11.1.4.Flavours and Sweeteners |
| 11.1.5.Antioxidants |
| 11.1.6.Acidifiers |
| 11.1.7.Enzymes |
| 11.1.8.Carbohydrates |
| 11.1.9.Others |
| 11.2. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Powders |
| 11.2.2.Liquids |
| 11.2.3.Pellets |
| 11.3. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Poultry |
| 11.3.2.Aquatic |
| 11.3.3.Canine |
| 11.3.4.Equine |
| 11.3.5.Swine |
| 11.3.6.Ovine |
| 11.3.7.Bovine |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Specialty Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Binders |
| 12.1.2.Minerals |
| 12.1.3.Vitamins |
| 12.1.4.Flavours and Sweeteners |
| 12.1.5.Antioxidants |
| 12.1.6.Acidifiers |
| 12.1.7.Enzymes |
| 12.1.8.Carbohydrates |
| 12.1.9.Others |
| 12.2. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Powders |
| 12.2.2.Liquids |
| 12.2.3.Pellets |
| 12.3. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Poultry |
| 12.3.2.Aquatic |
| 12.3.3.Canine |
| 12.3.4.Equine |
| 12.3.5.Swine |
| 12.3.6.Ovine |
| 12.3.7.Bovine |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Specialty Feed Additives Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Binders |
| 13.1.2.Minerals |
| 13.1.3.Vitamins |
| 13.1.4.Flavours and Sweeteners |
| 13.1.5.Antioxidants |
| 13.1.6.Acidifiers |
| 13.1.7.Enzymes |
| 13.1.8.Carbohydrates |
| 13.1.9.Others |
| 13.2. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Powders |
| 13.2.2.Liquids |
| 13.2.3.Pellets |
| 13.3. Animal Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Poultry |
| 13.3.2.Aquatic |
| 13.3.3.Canine |
| 13.3.4.Equine |
| 13.3.5.Swine |
| 13.3.6.Ovine |
| 13.3.7.Bovine |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Archer Daniels Midland Co. (US), |
| 14.2.2.Alltech Inc. (U.S.) |
| 14.2.3.Evonik Industries (Germany) |
| 14.2.4.Nutreco N.V. (Netherlands) |
| 14.2.5.BASF SE (Germany) |
| 14.2.6.Kemin Industries Inc (U. S.) |
| 14.2.7.Novozymes A/S (Denmark) |
| 14.2.8.Chr. Hansen Holdings A/S (Denmark) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Archer Daniels Midland Co. (US),
- Alltech Inc. (U.S.)
- Evonik Industries (Germany)
- Nutreco N.V. (Netherlands)
- BASF SE (Germany)
- Kemin Industries Inc (U. S.)
- Novozymes A/S (Denmark)
- Chr. Hansen Holdings A/S (Denmark)
- Invivo NSA (France)
- Lucta S.A. (Spain)
- Biomin Holding GmbH (Austria)