Nutritional Feed Additives Global Market Report 2021: Focus on Ruminants, Poultry, Swine, Aquatic, Antibiotics, Vitamins, Antioxidants - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Nutritional Feed Additives Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Major players in the nutritional feed additives market are BASF SE, Cargill, Archer Daniels Midland Company, Evonik Industries AG, and Nutreco N.V.

The global nutritional feed additives market is expected to grow from $8.27 billion in 2020 to $9.97 billion in 2021 at a compound annual growth rate (CAGR) of 20.6%.

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

The market is expected to reach $12.65 billion in 2025 at a CAGR of 6.1%.

The nutritional feed additives market consists of sales of nutritional feed additives which are used to improve animals nutrition. Nutrition feed additives are an important portion of nutrition that enhance yield and quality of food. Nutrition feed additives improve the overall gut health, digestion process and appetite. This market includes companies that produce nutritional feed additives such as enzymes, antioxidants, acidifiers, probiotics, prebiotics and others.

The rise in consumption of meat products is one of the driving factors for the Nutrition Feed Additives Market. Due to high meat consumption, the concern for high quality meat is also increasing. Thus, in order to deliver high quality meat, add-on nutrition feed additives are fed to the animals so that they have good digestion to build on more muscle and weight. This increases the yield and productivity and hence, the demand for nutritional feed additives. Currently, meat and poultry consumption in the US is more than 100 Billion pound every year.

China's AQSIQ (Administration for Quality Supervision and Inspection and Quarantine) has laid out new regulations regarding what kind of feed additives can be imported into the country. AQSIQ published 2 reports that specified which countries and regions can export their feed additives and feed raw material to China.

Also, according to the new regulations, feed additives manufacturers must get their products approved from AQSIQ, once approved, they can export them to China. The exporters are expected to file an application to Ministry of Agriculture to get import license before exporting to China for the first time. The import license is a must for the sale of nutrition feed additives in China and the license will be valid for 5 years.

Feed additives manufacturers are investing in the R&D of organic feed additives as there is a growing demand for organic and natural feed products in the nutritional feed additives market. When compared to synthetic nutrition feed additives, organic feed additives have less side effects and also improves yield. Therefore, poultry farmers are switching to herbal nutrition feed additives. For instance, Agpulse Organics has come up with its herbal animal feed additive 'Govahnika-Biosheera' which is fed to cattle to increase milk productivity while maintaining the health of cattle and quality of milk.

In September 2020, Adisseo acquired Framelco G for an undisclosed amount. With this acquisition the company will enhance the growth of specialities to become the world leader in the field of specialty feed ingredients in animal nutrition. Framelco G is a family-owned multinational company that develops and manufactures feed additives and drinking water solutions for livestock production.

The stringent regulations act as one of the major restraining factors for the Nutrition Feed Additives market. There are many mandatory documents, required to be approved before approving the nutritional feed which delays the approval process. Therefore, the product launch and expansion of companies in new regional market will be delayed.

Key Topics Covered:

1. Executive Summary

2. Nutritional Feed Additives Market Characteristics

3. Nutritional Feed Additives Market Trends And Strategies

4. Impact Of COVID-19 on Nutritional Feed Additives

5. Nutritional Feed Additives Market Size And Growth

5.1. Global Nutritional Feed Additives Historic Market, 2015-2020, $ Billion

5.1.1. Drivers of the Market

5.1.2. Restraints on The Market

5.2. Global Nutritional Feed Additives Forecast Market, 2020-2025F, 2030F, $ Billion

5.2.1. Drivers of the Market

5.2.2. Restraints on the Market

6. Nutritional Feed Additives Market Segmentation

6.1. Global Nutritional Feed Additives Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Direct
• Indirect
• Hypermarket / Supermarket
• Specialty Stores
• Online Retail

6.2. Global Nutritional Feed Additives Market, Segmentation By Livestock, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Ruminants
• Poultry
• Swine
• Aquatic

6.3. Global Nutritional Feed Additives Market, Segmentation By Additive Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Antibiotics
• Vitamins
• Antioxidants

Amino Acids

• Enzymes
• Mycotoxin Detoxifiers
• Prebiotics
• Probiotics
• Flavors and Sweeteners
• Pigments
• Binders

6.4. Global Nutritional Feed Additives Market, Segmentation By Form, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Dry
• Liquid
• Others

7. Nutritional Feed Additives Market Regional And Country Analysis

7.1. Global Nutritional Feed Additives Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

7.2. Global Nutritional Feed Additives Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Companies Mentioned

• BASF SE
• Cargill
• Archer Daniels Midland Company
• Evonik Industries AG
• Nutreco N.V.
• Kemin Industries Inc.
• Adisseo
• Alltech
• Phibro Animal Health Corporation.
• DowDuPont
• DSM
• Novozymes
• InVivo
• Lallemand
• Elanco
• Addcon Group
• Aliphos Belgium S.A.
• Koninklijke DSM N.V.
• ADM
• Solvay
• Ajinomoto
• Chr. Hansen
• AFB International
• Vitablend Asia Pacific Pte Ltd
• Kalsec
• America-Pac
• FoodSafe Technology
• Biomin Holding GmbH
• Penny Newman
• Danisco Animal Nutrition

For more information about this report visit https://www.researchandmarkets.com/r/m3ht1a