Global Acids And Nutrients In Animal Nutrition Size, Share, Trends & Growth Forecast Report – Segmented Market By Type (Minerals, Proteins, Vitamins, Carbohydrates, Organic Acids, Amino Acids, Fibres), Application (Poultry Feed, Ruminant Feed, Aqua Feed, Equine Feed, Swine Feed, Other Livestock Types) And By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Industry Analysis From (2024 to 2032)
The global acids & nutrients in animal nutrition market was valued at USD 12.11 billion in 2023 and is anticipated to reach USD 12.64 billion in 2024 from USD 17.84 billion by 2032, growing at a CAGR of 4.4% from 2024 to 2032.
The market is demonstrating its potential during the forecasting period mentioned. Acids and Nutrients in Animal Nutrition is a growing sector owing to the emerging animal feed marketers and increasing awareness of the need to give nutritional food to animals.
The increasing demand for meat and milk sectors is encouraging feed manufacturers to include nutritional feed for animals in the interest of animal health and preventing diseases. The recent discovery of swine flu, which has had the worst impact on the swine feed market, has resulted in feed manufacturers being more cautious and providing feed to animals that are rich in nutrients, acids, and proteins. High-nutrition feeds promise good health to the animals and protect them from endemic diseases. As a result of the increasing preference for healthier and safer feed for their animals with the emergence of milk and meat sectors, there has been a surge in demand for the market in recent times. The majority of the feed market is covered by swine, ruminant, and poultry feed. Small shares of equine and aquatic feeds also exist.
The increase in the awareness of quality feed and the requirements of nutrition value for the animals are the drivers for acids and nutrients in the animal nutrition market. The increase in the usage of animal feed is expected to impact the growth of the market in the future. Growth in the meat and milk sectors is impacting the feed manufacturers to provide better quality feeds that are rich in nutrients and acids, hence adding to the growth of the market. Using amino acids has its own benefits. Huge volume requirements for cattle feed and higher dependence on nutrition and health maintenance of the aquaculture due to higher human consumption of aquatic animals are aiding the growth of the market.
| REPORT METRIC | DETAILS |
| Market Size Available | 2023 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2024 to 2032 |
| CAGR | 4.4% |
| Segments Covered | By Type, Applicaton, and Region |
| Various Analyses Covered | Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
| Regions Covered | North America, Europe, APAC, Latin America, Middle East & Africa |
| Market Leaders Profiled | Evonik Industries Ag, Archer Daniels Midland Company, Adisseo France S.A.S, Cargill Incorporated, BASF SE, Royal DSM N.V., Charoen Pokphand Foods Pcl., and Nutreco N.V and Others. |
Some of the major companies dominating the market, by their products and services, are Alltech, Novus International Inc., Evonik Industries Ag, Archer Daniels Midland Company, Adisseo France S.A.S, Cargill Incorporated, BASF SE, Royal DSM N.V., Charoen Pokphand Foods Pcl., and Nutreco N.V.
By Type
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