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.