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Rupali Patil @go_65cc4c1f82a26
Animal Feed Additives Market Outlook for Forecast Period (2023 to 2030)

Global Animal Feed Additives Market was valued at USD 22.15 Billion in 2021 and is expected to reach USD 33.75 Billion by the year 2028, at a CAGR of 6.2%.

Feed additives is substance or combination of ingredients mixed into the basic feed mix or parts thereof to cater to the specific need. Feed additives form an essential part of animal nutrition, which enhances the feed quality, yield & quality of food from animal origin, and animal health. Generally, application in microquantities and requires careful handling and mixing. It is used to enhance the rate of gain, feed efficiency, preventing and controlling disease, prevention against untoward environmental influences. Furthermore, feed additives have main two types such as nutrient feed additives which include amino acids, minerals, and vitamins, and non-nutrient feed additives which include antibiotics, hormones, immunomodulators, enzymes, probiotics.

Leading players involved in the Animal Feed Additives Market include:
BASF SE, Tyson Foods Inc., Lallemand Inc., Kemin Industries, E. I. du Pont de Nemours and Company, Ajinomoto Co. Inc., Koninklijke DSM N.V., Akzo Nobel N.V., Alltech Inc., Biomin GmbH, Cargill Inc., Chr. Hansen Holding A/S, CP Group, Evonik Industries AG, Norel S.A., Novozymes A/S, Nutreco, Phibro Animal Health Corporation, Novus International Inc., Solvay Group, Archer Daniels Midland Company, Invivo Group and others Major players.

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09:52 AM - Mar 11, 2024 (UTC)

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